The number of micro 401(k) plans, with less than $5 million in assets, will grow to more than 1 million over the next decade, driven in part by state mandates and federal tax incentives, according to The Cerulli Report—U.S. Retirement Markets 2024.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
