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...plans where profits are greater,” he says....
...David Wray, president of the Profit Sharing Council of America....
...In a memo to Wal-Mart employees, first reported by Reuters, Mike Duke, Wal-Mart’s new chief executive, said the awards would include $933.6m in bonuses, $788.8m in profit-sharing and pension contributions...
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...Twenty years ago, the percentage of eligible employees participating in 401(k) plans was 38 per cent; today it is 75 per cent, according to the Profit Sharing/401k Council of America, a non-profit association...
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