Glenwood Springs Employers Offer the Best 401(k) Plans in Colorado
People working in Glenwood Springs who's employers offer 401(k) benefit plans may be surprised those plans are the best in Colorado. western Colorado also has other cities with very good plans.
A study conducted by financial technology company SmartAsset determined where workers could find the best employer-sponsored retirement plans. In addition to Glenwood Springs, Rifle, Grand Junction, and Eagle also received high scores for benefit plans offered by employers in those cities.
The study looked at three key areas, employer contributions to total contributions, investment performance, and administrative fees. That data was then converted to an index of the best 401(k) retirement saving plans. SmartAsset used that index to rank communities with the best plans.
Listed are the communities in Colorado with the highest indexes. The indexes in the top 10 ranged from 90.54 (Glenwood Springs) to 72.41 (Grand Junction).
- Glenwood Springs (ranked 18th nationally)
- Grand Junction