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Defined Contribution Plan Participants' Activities, 2019 (PDF)
Investment Company Institute [ICI]
Apr. 30, 2020 16 pages. "In 2019, 3.9 percent of DC plan participants took withdrawals, compared with 3.4 percent in 2018. Levels of hardship withdrawal activity also remained low. Only 1.9 percent of DC plan participants took hardship withdrawals during 2019, compared with 1.6 percent in 2018.... In 2019, 2.3 percent of DC plan participants stopped contributing, the same share as in 2018.... At the end of December 2019, 16.1 percent of DC plan participants had loans outstanding, compared with 16.7 percent at year-end 2018, and 16.7 percent at year-end 2017." |
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