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DC plan participation increases

Plan sponsors view participation as the most valid indicator of defined contribution plan effectiveness. But others say sponsors don't have the whole picture.

By Marlene Y. Satter | Updated on August 11, 2015
Photo: AP

Making it easier for employees to save for retirement through plan enhancements has boosted plan participation and savings, but no one plan feature or strategy is enough.

That’s according to Deloitte’s 14th “Annual Defined Contribution Benchmarking Survey,” which found that plan sponsors and providers have upped their game in offerings intended to boost employee engagement and increase savings.

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