State Program Performance Data – Historical Trends
- Total assets for the 11 reporting state auto-IRA programs have grown from just $121.8K in October 2017 with the launch of the first state program, OregonSaves, to more than $2.5 billion by September 30, 2025.
- Total assets reached the first $500 million by July 2022, marked $1 billion in November 2023, continued to grow to $1.5 billion by June 2024, passed $2 billion in May 2025 and has now marked $2.5 billion as of September 30, 2025, showing steady and accelerating asset accumulation. Notably, 8 of the 11 Auto-IRA programs launched since 2022, meaning most are still in their early growth phase.
- As of September 2025, CalSavers holds 60% of all assets, followed by OregonSaves (17%) and Illinois Secure Choice (12%), with these three programs managing 89% of total auto-IRA program assets. To view the pie charts, select ‘% of Total’ from the select period comparison dropdown at the top right in the link provided.
- Total funded accounts for the 11 reporting auto-IRA programs grew from just 993 in October 2017 with the launch of the first state program- OregonSaves – to more than 1.1 million by September 30, 2025.
- The funded accounts milestone of 500,000 was surpassed in July 2022, followed by 1 million in March 2025, highlighting the accelerating growth in program participation over time.
- As of September 2025, CalSavers (53%), Illinois Secure Choice (15%), and OregonSaves (13%) are the top three programs by funded account volume, collectively accounting for over 81% of the total. To view the pie charts, select ‘% of Total’ from the select period comparison dropdown at the top right in the link provided.