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Top 1% of 401(k) Plans Hold Bulk of Assets
ThinkAdvisor
Feb. 11, 2015 "Of the 540,000 active 401(k) plans as of the end of last year, 5,400, or 1% of sponsoring employers, held $3.06 trillion, or 71% of all assets ... That the largest employers are dominant is not surprising, given that they employ the majority of Americans enrolled in retirement plans. The largest employers claim 45 million participants, or 56% of all enrollees. The balance, meaning that 99%, have 35 million participants, or 44% of all enrollees in defined contribution plans." MORE >> |
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