Pension Rights Center
Retirement Plan Consultants
Farmer & Betts, Inc.
Retirement Industry Trust Association (RITA)
RTD Financial Advisors
Loren D. Stark Company
EPIC Retirement Plan Services
Kentucky Trust Company
Nicholas Pension Consultants
Hochheiser Deutsch & Co, Inc.
Plumbers Local Union No. 1 Benefit Funds
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|Percentage of 401(k) Participants with Loans Dropping|
Pensions & Investments
July 7, 2021
"At the end of the first quarter, about 14% of 401(k) participants had outstanding loans. The percentage fell steadily throughout last year after edging up to 16.3% in the year-ago period from 16.1% in the fourth quarter of 2019. The loan rate was well below the over 18% seen in the wake of the Great Recession."
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