Low startup costs and reduced turnover spur more small business to offer 401(k)s
Some 31% of small businesses now offer a retirement plan to their employees, up from 19% in 2019, according to payroll and benefits platform Gusto.
Learn how to optimize your HR processes using proven strategies for retirement benefits.
Some 31% of small businesses now offer a retirement plan to their employees, up from 19% in 2019, according to payroll and benefits platform Gusto.
Retirement plan matching is a common employer benefit, but these contributions can take a hit when the economy goes south.
Some 26 million workers are expected to gain access to a full or partial government IRA match as a result of this initiative.
The Department of Labor recently rolled out a proposed rule seeking to deliver on its promise to allow more alternative assets into 401(k) plans. Here's what HR needs to know.
Just 7% of employers offered a phased retirement program in 2025, but those that did have seen a few positive returns. Some see it as a way to give workers additional time to save while transitioning out of roles that are core to their identities. Others say it’s helpful for training the next generation of workers.
The percentage of small businesses offering retirement benefits grew from 19% in 2019 to 30% in 2025.
There was an 8% increase in workers participating in ESOPs over the past decade, but the Department of Labor wants that number to grow more.
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