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Nellie Liang and Scott Weisbenner via National Bureau of Economic Research [NBER]
Sept. 3, 2002
Working paper, available from SSRN.com for $5. Excerpt: [T]he average share of participant's discretionary 401(k) contributions in company stock was almost 20 percent ... [This research paper] relates this share to plan design features and firm financial characteristics. We find that the number of investment alternatives offered ... and whether the company requires some of the match to be in company stock are key factors of the share of total contributions in company stock ...
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