Vanguard released its annual How America Saves 2019 report on the retirement behavior of American workers and employers that use its administration services. They found that 8% of its plans offered company stock as an option, although large plans were far more likely to offer company stock: 30% of employers with over 5,000 employees offer company stock. As a result, 24% of participants in Vanguard-administered plans have the option to invest in employer stock, although only 9% of participants currently have company stock in their accounts. The report found a long-term trend among employees at companies that offer stock away from continuing to hold company stock: among employees with the option to invest in company stock in their retirement plan, 55% choose to do in 2009, while 36% choose to in 2018.