How America Saves 2025 Industry Report

This document is an industry report titled 'How America Saves 2025', which presents an in-depth analysis of the saving behaviors of nearly 5 million Vanguard participants. The report marks the 24th edition and highlights the progress made in retirement savings, the challenges that remain, and the opportunities for improvement. It outlines various aspects of DC retirement plans, including plan design, eligibility, vesting, and employer contributions. The report also details trends in participant accounts, such as asset and contribution allocations, investment options, and trading activity. Additionally, it discusses accessing plan assets through loans and withdrawals. The comprehensive data and expert analysis aim to provide a blueprint for enhancing the financial security of participants, reflecting the commitment to deliver valuable insights into retirement savings in America.