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EBRI/ICI Study: 401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2004 (PDF)
Employee Benefit Research Institute [EBRI] Link to more items from this source
Sept. 28, 2005
20 pages. Excerpt: The study reported that aggregate averages do not reveal the wide range of rates of change in 401(k) participants' account balances over time. For example, average account balances for participants in their 20s rose 206 percent from 1999 through 2004 ... reflecting the strong impact of contributions on account balances for this age group. Because their account balances tended to be small, contributions (as opposed to investment gains) produced significant growth.

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