Earlier this year, industry nonprofit Commonwealth released a report detailing how 401k recordkeepers are leading the charge to address the emergency savings crisis, rushing to create both in-plan and out-of-plan solutions. The report summarized interviews with nine of the largest U.S. recordkeepers—with eight of the nine either offering or planning to offer an emergency savings product. Additionally, of the seven plan sponsors interviewed for the report (collectively employing 870,000 workers), four said they plan to offer emergency savings in the near term, either through their recordkeeper or credit union.