PLANSPONSOR - November/December 2024 - 29

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PLANSPONSOR.COM November - December 2024 29
Do you charge an initiation or orgination fee for new loans?
All Industries
Overall
401(k)
403(b)
457
Money Purchase
Profit Sharing
ESOP / KSOP*
Nonqualified Deferred
Compensation (NQDC)
MEP/PEP (adopting employer)
SEP
SIMPLE IRA
Other plan types
83.8%
7.8%
15.0%
1.7%
15.6%
3.1%
10.3%
0.2%
0.4%
0.9%
4.0%
<$1MM
95.1%
3.7%
1.1%
1.1%
10.5%
0.0%
0.4%
0.0%
0.0%
1.5%
0.0%
$1MM$5MM
94.0%
4.5%
2.3%
0.9%
17.7%
1.8%
1.1%
0.0%
0.6%
0.9%
0.0%
>$5MM
-
$10MM
93.4%
4.8%
4.8%
0.3%
18.2%
1.4%
0.9%
0.0%
0.0%
0.9%
0.0%
>$10MM$25MM
92.3%
8.6%
5.5%
0.9%
19.0%
2.5%
2.8%
0.0%
0.3%
0.3%
0.0%
>$25MM$50MM
89.7%
9.2%
7.0%
0.4%
17.6%
5.5%
9.5%
0.0%
0.7%
1.1%
0.0%
>$50MM$100MM
86.2%
7.9%
7.4%
2.6%
19.0%
4.2%
13.8%
0.0%
1.1%
0.0%
0.0%
*Includes
both Employee Stock Ownership Plans (ESOP) and plans that combine an ESOP with a 401(k) plan (KSOP)
>$100MM$200MM
91.0%
6.9%
11.0%
2.1%
20.7%
6.2%
18.6%
0.0%
0.0%
1.4%
0.0%
>$200MM$500MM
90.2%
3.8%
8.3%
3.0%
14.3%
6.0%
19.5%
0.0%
0.0%
0.0%
0.0%
>$500MM$1B
89.0%
13.7%
21.9%
2.7%
30.1%
2.7%
21.9%
0.0%
1.4%
2.7%
0.0%
>$1B
81.8%
14.3%
21.4%
3.9%
12.3%
7.1%
42.9%
0.0%
0.6%
0.6%
0.0%
Does
your organization offer any of these additional workplace retirement/savings plans?
All Industries
Overall
401(k)
403(b)
457
Money Purchase
Profit Sharing
ESOP / KSOP*
Nonqualified Deferred
Compensation (NQDC)
MEP/PEP (adopting employer)
SEP
SIMPLE IRA
Other plan types
83.8%
7.8%
15.0%
1.7%
15.6%
3.1%
10.3%
0.2%
0.4%
0.9%
4.0%
<$1MM
95.1%
3.7%
1.1%
1.1%
10.5%
0.0%
0.4%
0.0%
0.0%
1.5%
0.0%
$1MM$5MM
94.0%
4.5%
2.3%
0.9%
17.7%
1.8%
1.1%
0.0%
0.6%
0.9%
0.0%
>$5MM
-
$10MM
93.4%
4.8%
4.8%
0.3%
18.2%
1.4%
0.9%
0.0%
0.0%
0.9%
0.0%
>$10MM$25MM
92.3%
8.6%
5.5%
0.9%
19.0%
2.5%
2.8%
0.0%
0.3%
0.3%
0.0%
>$25MM$50MM
89.7%
9.2%
7.0%
0.4%
17.6%
5.5%
9.5%
0.0%
0.7%
1.1%
0.0%
>$50MM$100MM
86.2%
7.9%
7.4%
2.6%
19.0%
4.2%
13.8%
0.0%
1.1%
0.0%
0.0%
*Includes
both Employee Stock Ownership Plans (ESOP) and plans that combine an ESOP with a 401(k) plan (KSOP)
>$100MM$200MM
91.0%
6.9%
11.0%
2.1%
20.7%
6.2%
18.6%
0.0%
0.0%
1.4%
0.0%
>$200MM$500MM
90.2%
3.8%
8.3%
3.0%
14.3%
6.0%
19.5%
0.0%
0.0%
0.0%
0.0%
>$500MM$1B
89.0%
13.7%
21.9%
2.7%
30.1%
2.7%
21.9%
0.0%
1.4%
2.7%
0.0%
>$1B
81.8%
14.3%
21.4%
3.9%
12.3%
7.1%
42.9%
0.0%
0.6%
0.6%
0.0%
What
type of DC plan does your organization offer?
All Industries
Overall
401(k)
403(b)
457
Money Purchase
Profit Sharing
ESOP / KSOP*
Nonqualified Deferred
Compensation (NQDC)
MEP/PEP (adopting employer)
SEP
SIMPLE IRA
Other plan types
83.8%
7.8%
15.0%
1.7%
15.6%
3.1%
10.3%
0.2%
0.4%
0.9%
4.0%
<$1MM
95.1%
3.7%
1.1%
1.1%
10.5%
0.0%
0.4%
0.0%
0.0%
1.5%
0.0%
$1MM$5MM
94.0%
4.5%
2.3%
0.9%
17.7%
1.8%
1.1%
0.0%
0.6%
0.9%
0.0%
>$5MM
-
$10MM
93.4%
4.8%
4.8%
0.3%
18.2%
1.4%
0.9%
0.0%
0.0%
0.9%
0.0%
>$10MM$25MM
92.3%
8.6%
5.5%
0.9%
19.0%
2.5%
2.8%
0.0%
0.3%
0.3%
0.0%
>$25MM$50MM
89.7%
9.2%
7.0%
0.4%
17.6%
5.5%
9.5%
0.0%
0.7%
1.1%
0.0%
>$50MM$100MM
86.2%
7.9%
7.4%
2.6%
19.0%
4.2%
13.8%
0.0%
1.1%
0.0%
0.0%
*Includes
both Employee Stock Ownership Plans (ESOP) and plans that combine an ESOP with a 401(k) plan (KSOP)
>$100MM$200MM
91.0%
6.9%
11.0%
2.1%
20.7%
6.2%
18.6%
0.0%
0.0%
1.4%
0.0%
>$200MM$500MM
90.2%
3.8%
8.3%
3.0%
14.3%
6.0%
19.5%
0.0%
0.0%
0.0%
0.0%
>$500MM$1B
89.0%
13.7%
21.9%
2.7%
30.1%
2.7%
21.9%
0.0%
1.4%
2.7%
0.0%
>$1B
81.8%
14.3%
21.4%
3.9%
12.3%
7.1%
42.9%
0.0%
0.6%
0.6%
0.0%

PLANSPONSOR - November/December 2024

Table of Contents for the Digital Edition of PLANSPONSOR - November/December 2024

Insights
Participant analysis
Rules and regulations
Upfront
The Retirement Industry 2024
PLANSPONSOR DB Administration Survey
Plan Sponsors in Conversation
Build and Equip
SECURE 2.0’s New Match
2025 ERISA Plan Compliance Calendar
Counting the Costs
A Provision Review
SCOTUS to Decide
Helping Transient Workers Save
PLANSPONSOR - November/December 2024 - Cover1
PLANSPONSOR - November/December 2024 - Cover2
PLANSPONSOR - November/December 2024 - 1
PLANSPONSOR - November/December 2024 - Insights
PLANSPONSOR - November/December 2024 - 3
PLANSPONSOR - November/December 2024 - Participant analysis
PLANSPONSOR - November/December 2024 - 5
PLANSPONSOR - November/December 2024 - Rules and regulations
PLANSPONSOR - November/December 2024 - 7
PLANSPONSOR - November/December 2024 - 8
PLANSPONSOR - November/December 2024 - 9
PLANSPONSOR - November/December 2024 - Upfront
PLANSPONSOR - November/December 2024 - 11
PLANSPONSOR - November/December 2024 - 12
PLANSPONSOR - November/December 2024 - 13
PLANSPONSOR - November/December 2024 - 14
PLANSPONSOR - November/December 2024 - 15
PLANSPONSOR - November/December 2024 - The Retirement Industry 2024
PLANSPONSOR - November/December 2024 - 17
PLANSPONSOR - November/December 2024 - 18
PLANSPONSOR - November/December 2024 - 19
PLANSPONSOR - November/December 2024 - PLANSPONSOR DB Administration Survey
PLANSPONSOR - November/December 2024 - 21
PLANSPONSOR - November/December 2024 - 22
PLANSPONSOR - November/December 2024 - 23
PLANSPONSOR - November/December 2024 - Plan Sponsors in Conversation
PLANSPONSOR - November/December 2024 - 25
PLANSPONSOR - November/December 2024 - Build and Equip
PLANSPONSOR - November/December 2024 - 27
PLANSPONSOR - November/December 2024 - 28
PLANSPONSOR - November/December 2024 - 29
PLANSPONSOR - November/December 2024 - SECURE 2.0’s New Match
PLANSPONSOR - November/December 2024 - 31
PLANSPONSOR - November/December 2024 - 2025 ERISA Plan Compliance Calendar
PLANSPONSOR - November/December 2024 - 33
PLANSPONSOR - November/December 2024 - 34
PLANSPONSOR - November/December 2024 - 35
PLANSPONSOR - November/December 2024 - Counting the Costs
PLANSPONSOR - November/December 2024 - 37
PLANSPONSOR - November/December 2024 - A Provision Review
PLANSPONSOR - November/December 2024 - SCOTUS to Decide
PLANSPONSOR - November/December 2024 - Helping Transient Workers Save
PLANSPONSOR - November/December 2024 - Cover3
PLANSPONSOR - November/December 2024 - Cover4
https://www.plansponsordigital.com/plansponsor/november_december_2024
https://www.plansponsordigital.com/plansponsor/september_october_2024
https://www.plansponsordigital.com/plansponsor/july_august_2024
https://www.plansponsordigital.com/plansponsor/may_june_2024
https://www.plansponsordigital.com/plansponsor/march_april_2024
https://www.plansponsordigital.com/plansponsor/january_february_2024
https://www.plansponsordigital.com/plansponsor/november_december_2023
https://www.plansponsordigital.com/plansponsor/september_october_2023
https://www.plansponsordigital.com/plansponsor/july_august_2023
https://www.plansponsordigital.com/plansponsor/excellenceawards_2023
https://www.plansponsordigital.com/plansponsor/may_june_2023
https://www.plansponsordigital.com/plansponsor/march_april_2023
https://www.plansponsordigital.com/plansponsor/december_2022_february_2023
https://www.plansponsordigital.com/plansponsor/october_november_2022
https://www.plansponsordigital.com/plansponsor/august_september_2022
https://www.plansponsordigital.com/plansponsor/june_july_2022
https://www.plansponsordigital.com/plansponsor/excellenceawards_2022
https://www.plansponsordigital.com/plansponsor/april_may_2022
https://www.plansponsordigital.com/plansponsor/february_march_2022
https://www.plansponsordigital.com/plansponsor/december_2021_january_2022
https://www.plansponsordigital.com/plansponsor/october_november_2021
https://www.plansponsordigital.com/plansponsor/august_september_2021
https://www.plansponsordigital.com/plansponsor/june_july_2021
https://www.plansponsordigital.com/plansponsor/april-may_2021
https://www.plansponsordigital.com/plansponsor/february-march_2021
https://www.plansponsordigital.com/plansponsor/december-january_2021
https://www.plansponsordigital.com/plansponsor/october-november_2020
https://www.plansponsordigital.com/plansponsor/august-september_2020
https://www.plansponsordigital.com/plansponsor/june-july_2020
https://www.plansponsordigital.com/plansponsor/april-may_2020
https://www.plansponsordigital.com/plansponsor/february-march_2020
https://www.plansponsordigital.com/plansponsor/december-january_2020
https://www.plansponsordigital.com/plansponsor/october-november_2019
https://www.plansponsordigital.com/plansponsor/august-september_2019
https://www.plansponsordigital.com/plansponsor/june-july_2019
https://www.plansponsordigital.com/plansponsor/april-may_2019
https://www.plansponsordigital.com/plansponsor/february-march_2019
https://www.plansponsordigital.com/plansponsor/december_2018-january_2019
https://www.plansponsordigital.com/plansponsor/october-november_2018
https://www.plansponsordigital.com/plansponsor/august-september_2018
https://www.plansponsordigital.com/plansponsor/june-july_2018
https://www.plansponsordigital.com/plansponsor/april-may_2018
https://www.plansponsordigital.com/plansponsor/february-march_2018
https://www.plansponsordigital.com/plansponsor/december_2017-january_2018
https://www.plansponsordigital.com/plansponsor/november_december_2017
https://www.plansponsordigital.com/plansponsor/october_2017
https://www.plansponsordigital.com/plansponsor/september_2017
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