SURVEY EVIDENCE ON EMPLOYER MATCH RATES AND EMPLOYEE SAVING BEHAVIOR IN 401(K) PLANS

Authors
PAPKE LE POTERBA JM
Citation
Le. Papke et Jm. Poterba, SURVEY EVIDENCE ON EMPLOYER MATCH RATES AND EMPLOYEE SAVING BEHAVIOR IN 401(K) PLANS, Economics letters, 49(3), 1995, pp. 313-317
Citations number
5
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
49
Issue
3
Year of publication
1995
Pages
313 - 317
Database
ISI
SICI code
0165-1765(1995)49:3<313:SEOEMR>2.0.ZU;2-H
Abstract
We examine the relationship between employer match rates in 401(k) pla ns and employee saving behavior in these plans. Our analysis is based on a recent survey of 401(k) plan sponsors. Participation rates are po sitively related to the match rate. Employee contributions appear to b e sensitive to the match rate at low matches, but our sample is too sm all to identify precisely the effect of higher match rates.