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The percentage of families with an individual account retirement plan from a current employer or a previous employer or an IRA/Keogh dropped from 50.4 percent in 2010 to 48.2 percent in 2013.
Masonicare has been a client of Prudential Retirement for 17 years, with Prudential serving as record-keeper of the nonprofits defined contribution plan.
After the recession hit, only 49.6 percent of people retired before or shortly after their planned retirement date, the EBRI said, a nearly 23-percent drop compared to pre-downturn days.