The average participation rate in employer-sponsored retirement plans is 78.3 percent, up marginally from last year, but well above the 69.8 percent rate 10 years ago, according to Aon Hewitt's 2014 Universe Benchmark Survey.

The recently released report says the increase has been clearly aided by automatic enrollment.

Plans with automatic enrollment saw their average participation rate grow to 84.6 percent last year, up from 81.4 percent the previous year.

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