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401(k) Balances Reach Record Levels Although Many Workers Don't Take Full Advantage of Company Match
Fidelity
Aug. 3, 2017
"Retirement account balances reached all-time highs for the third consecutive quarter.... People in their 401(k) for 10 years straight saw their balance increase to a record average of $266,100, up from $78,800 in Q2 2007.... Over the last 12 months, employees contributed a record average of $5,850 2 to their 401(k), up 4 percent from one year prior. But many employees are not taking full advantage of their employer's matching contributions."
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