Smallest Companies Have Highest-Performing 401k Plans, Study Finds
NEW YORK, NY, March 20, 2017 -- ALM Intelligence has published the results of the second annual 401k Plan Benchmark Report from its benefits unit, Judy Diamond Associates. This in-depth analysis from Judy Diamond Associates examined active 401k plans with at least one current participant and more than $3,000 in plan assets during 2015, the most recent fiscal year for which data is available. The approximately 500,000 plans evaluated for the benchmark report cover about 53 million eligible workers and an estimated $4.1 trillion in total assets across 26 industries.
The complete 401k Plan Benchmark Report is available at: http://www.judydiamond.com/research/.
"The primary goal of this report is to present unbiased, data-supported insights into the 401k plans offered by employers in a wide variety of industries," said Eric Ryles, Vice President of Customer Solutions at ALM Intelligence and Managing Director of Judy Diamond Associates. "Our findings can help plan sponsors determine whether or not they are taking the right steps to deliver positive retirement outcomes for their employees, empowering them to identify and correct deficiencies in their plans as well as attract and retain top talent."
The study's conclusions include:
"Like all of ALM Intelligence's resources, this 401k benchmark study helps companies in many industries across the country understand how they stand in relation to their industry peers," said Andrew Neblett, President of ALM Intelligence. "This insight is crucial for helping businesses meet their long-term goals and effectively compete for top-caliber employees."
Learn more about how Judy Diamond Associates is the Leading Provider of Lead Generation & Recruitment Tools at www.judydiamond.com
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