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401(k) BALANCES ARE GROWING

HELEN HUNTLEY and RON BRACKETT | Times 401( k) balances are growing* 49.1% Equity funds 12.9% Balanced funds 11.1% Company stock 11% Stable value funds 8.6% Bond funds 4.3% Money funds 3% Other or unknown How theyÍre invested Stock funds are still the most popular, but balanced funds that combine stocks and bonds are a big hit with younger workers and other new hires. Company stock is falling in popularity. After stagnating, then dipping in the bear market, average account balances have grown steadily since 2002 and rose 17 percent last year. 60,000 90,000 $ 120,000 Í 06 Í 05 Í 04 Í 03 Í 02 Í 01 Í 00 Í 99 $ 121,202 * for workers participating continuously from 1999 through 2006. While most 401( k) s now offer loans, most participants avoid them: ´ Participants with loans outstanding: 18% ´ Average loan balance: $ 7,292 Looking at loans Source: Employee Benefit Research Institute and Investment Company Institute

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