Browsing Tag
401(k) Account Balances
63 posts
A 401(k) account balance is the total value of funds accumulated in an individual’s employer-sponsored retirement plan. It includes employee contributions, employer matches, and investment gains or losses. The balance reflects the current market value of all assets held in the account, such as stocks, bonds, or mutual funds, and represents the amount available for future retirement income.
401(k) Balances Down in Q1, But Deferral Rates Hit Record High
Fidelity’s Q1 2025 Retirement Analysis shows volatility didn’t spook participants/employers from saving more than 14% of paychecks, nearing recommended 15%
Schwab Self-Directed 401(k)s Finish 2024 with 13.6% Gain
Report shows Gen X makes up nearly half of SDBA participants, with Boomers and Millennials accounting for about a quarter each
Participant Pulse: 401(k) Balances at BofA Grow 16% in 2024
Bank of America’s new Participant Pulse report shows average account balance just over six figures
Record High Number of 401(k) Millionaires, Average Account Balances at Fidelity
Q3 2024 Retirement Analysis finds Gen X savers make impressive gains; 2.2 million participants now have auto portability access
Self-Directed 401(k) Balances Up 21% in Past Year: Schwab Report
Apple reclaims top spot from Nvidia among SDBA equity holdings
401(k) Balances at Bank of America Spike 11% in Q3
Average balance now tops six figures after closing 2023 at $86,000
401(k), HSA Account Balances Grow in Q2: Bank of America
The average 401(k) contribution rate held steady at 6.5%
Retirement Savings Trends on the Upswing: ICI
Workplace retirement advocate says progress a “cause for celebration”
7 Standout Facts from ‘Retirement Research Week’
So much retirement plan data was dropped this week we decided a summary was in order to put a spotlight on some of the more notable findings
How America Saves? At a Record Pace in 401(k), Vanguard Finds
Report out today shows 401(k) participants continued to save at the highest level ever in 2023, thanks largely to auto-enrollment bumping participation rates