How plan design tweaks can boost saving rates

July 24, 2023

A table shows that plans offering automatic enrollment boast higher contribution rates than plans offering voluntary enrollment. That’s true in aggregate but also when broken out by income, age, gender, and job tenure.
A bar graph shows automatic enrollment adoption in Vanguard DC plans with employee-elective contributions from 2006 to 2022. The percentage of plans with automatic enrollment increased every year, from 10 percent in 2006 to 58 percent in 2022.


John James
Vanguard Information and Insights

Get Vanguard news, insights, and timely analysis on the market, delivered straight to your inbox.

Read our privacy policy to learn about how we keep personal information private.

* Indicates a required field

Vanguard Information and Insights

Thank you for subscribing to Retirement.

You'll be notified when new content is published, but will only ever receive one email a day from Vanguard Insights.

Vanguard logo

Vanguard is the trusted name in investing. Since our founding in 1975, we've put investors first.