 of more than 1,500 qualified plans and nearly 5 million participants. A separate Fidelity report also found record savings with a combined rate of 14.2% for the first quarter of 2024. That report was based on almost 26,000 corporate plans and nearly 24 million participants. Vanguard recommends saving 12 to 15% of your earnings, including employer contributions for retirement every year. Fidelity's benchmark is 15%.