Employers weigh cuts in plan contributions, record keepers say
![401(k)-money-egg](https://s32566.pcdn.co/wp-content/uploads/2020/04/401k-money-egg-951x634.jpg.optimal.jpg)
Most plan participants are not shifting allocations, but they are looking for loans or hardship withdrawals
More than half of plan sponsors are considering reducing or eliminating their employer contributions until the COVID-19 crisis is over, according to a survey of plan record keepers conducted by two groups associated with the defined contribution business.
Twenty-one plan record keepers responded
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