![]() |
68% – Participation rate in DC plans1 |
![]() |
13.8% – Average total savings rate for a DC plan (employee and employer)2 |
![]() |
56% – Plans that adopted automatic enrollment3 |
![]() |
93%/66% – Participation rates for plans with vs. without automatic enrollment3 |
![]() |
6% – Average participant salary-deferral rate for plans using automatic enrollment1 |
![]() |
77% – Plans that offer a Roth option3 |
![]() |
15% – Employees that contribute to a Roth option3 |
![]() |
30% – Plan participants that aren’t maximizing their employer’s match4 |
![]() |
16.2 – Average number of funds offered by plans1,* |
2.3 – Average number of funds used by participants1 |
Your financial professional can help ensure your plan is designed for better participant outcomes.
1 T. Rowe Price, “Reference Point,” 2022
2 Fidelity, “Building Financial Futures,” 3Q 2022
3 Vanguard, “How America Saves,” 2022
4 Empower, “Empowering America’s Financial Journey,” 2022
* Each target date or target risk series offered counts as one fund
This material is provided for educational purposes only.
Hartford Funds Distributors, LLC, Member FINRA.