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Vanguard Reports Record 401(k) Account Balances
Vanguard 
Feb. 4, 2014 "In an increase fueled mostly by larger plans (those with 1,000 or more participants), 34% of Vanguard plans, including 60% of larger plans, have [moved to automatic enrollment] to help their employees save for retirement. This is up from 24% five years ago.... Forty percent of Vanguard participants now use [professionally managed investment] options, which include target-date funds, other balanced funds, and a managed account program. More than half (52%) of Vanguard plans are offering the Roth 401(k) feature[.]" MORE >> |
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