HR Morning » benchmarks http://www.hrmorning.com Your daily dose of HR Fri, 19 Mar 2010 15:34:29 +0000 http://wordpress.org/?v=abc en hourly 1 Retirement plan participation benchmarks http://www.hrmorning.com/retirement-plan-participation-benchmarks/ http://www.hrmorning.com/retirement-plan-participation-benchmarks/#comments Mon, 13 Jul 2009 14:31:37 +0000 Bill Meltzer http://www.hrmorning.com/?p=3324 How does your retirement-plan participation rate stack up against other employers’?

The expected participation rate may vary not only by your industry but also by your location. On a national level, 52% of employees participate.

 According to EBRI here are the five top and bottom states for retirement plan (defined benefit or defined contribution) participation.

Top 5:

  1. Wisconsin (67.7% participation average)
  2. Iowa (66.9%)
  3. North Dakota (65.8%)
  4. Connecticut (65.0%)
  5. Minnesota (64.1%)

Bottom 5:

  1. Florida (41.8% average participation)
  2. Arizona (44.3%)
  3. Louisiana (46.7%)
  4. Texas (48.8%)
  5. Nevada (50.3%)
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