Defined contribution plans are retirement plans that provide an individual account for each participant and the benefit is based solely upon the amount contributed to the account and any income, expenses, gains and losses attributable to such account.  Profit sharing and 401(k) plans are examples of defined contribution plans.  There are approximately 674,000 defined contribution plans covering more than 48 million workers.

• Coalition Principles for Defined Contribution Pension Reform
• ERIC Summary of Defined Contribution issues in S. 1783
• The Profit Sharing / 401k Council of America (PSCA) description of private sector defined contribution provisions in S. 1783, as introduced on 9/28/05 - Adobe PDF file.
• The Profit Sharing / 401k Council of America (PSCA) position paper on vesting requirements in an automatic enrollment safe harbor plan - Adobe PDF file.
• The Profit Sharing / 401k Council of America (PSCA) background paper on treatment of tribal government sponsored pension plans - Adobe PDF file.
• The Profit Sharing / 401k Council of America (PSCA) letter to Sens. Gordon Smith and Kent Conrad commending introduction of The Retirement Savings and Security Act of 2005 - Adobe PDF file.
• The Profit Sharing / 401k Council of America (PSCA) news release on Sen. Bingaman legislation - Adobe PDF file.
• Mercer Side-by-Side of Auto-enrollment Legislation - Adobe PDF file.