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Large 401(k) plans are more likely to offer employer contributions, use automatic enrollment and have participant loans outstanding, according to new research by BrightScope and the Investment Company Institute.
In a study — The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2013 — BrightScope and ICI examined the Form 5500 filings of 34,000 401(k) plans from 2013 with more than 100 plan participants to determine their key features.
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