Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Employee Benefits

Thousands of firms cut 401(k) contributions amid COVID-19

December 18, 2020 Reprints

A Plan Sponsor Council of America study found that thousands of organizations reduced funding they usually pay to 401(k) investors because of the COVID-19 pandemic, CNBC reported. Figures According to PSCA survey figures, about 8% of employers slashed their 401(k) contributions in recent months and another 1% are considering doing so.

Help

Thousands of firms cut 401(k) contributions amid COVID-19

Readers Poll

Most Read in Employee Benefits

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources