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WASHINGTON — A recent Watson Wyatt survey found that many companies are enhancing contributions to their defined contribution plans such as 401(k)s.

The survey of 300 large employers found that 40% have replaced their defined benefit pension plans with a DC plan as their main retirement vehicle for new hires over the past 10 years. More than three-quarters of these companies made enhancements to their DC plan after freezing or closing their DB plan, with 52% introducing or increasing a non-matching contribution.

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