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March 24, 2011 at 08:00 PM
More of the employers that cut their 401(k) matching contributions during the recent financial crisis are intending to return matching contributions to pre-crisis levels this year.
A group of three professional services firms — Grant Thornton L.L.P., Chicago, an accounting firm; Drinker Biddle & Reath L.L.P., Philadelphia, a law firm; and Plan Sponsor Advisors L.L.C., Chicago, a retirement plan consulting firm – has reported that finding in a summary of results from a survey of 429 independent U.S. retirement plan sponsors of all sizes.
The firms conducted a similar survey a year ago.
