Retirement 401k News Blog

Employer matches to 401(k) contributions are an important retirement savings incentive. Many employees contributed the exact amount necessary to receive their employer’s full match from 2004 to 2007, according to recently released data about Charles Schwab-serviced retirement plans.

As most businesses have flourished over the past four years, more employers began offering 401(k) matches or increased the amounts of matching contributions. The percentage of large employers with more than 2,500 participants in their retirement plans providing matches, for example, jumped from 78 percent in 2004 to 88 percent in 2007, reports Schwab, a company that has 1.3 million retirement plan participants.

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