Wednesday, December 07, 2005
Equity Funds Remain Popular; Lifestyle, Lifecycle Funds Grow; 401k Plans
Equity funds remain popular; lifestyle, lifecycle funds grow; 401K PLANS
EACH YEAR, THE INVESTMENT COMPANY INSTITUTE AND THE Employee Benefit Research Institute pour over information gleaned from 16.3 million 401(k) participants in some 46,000 plans with $ 926 billion in assets. This represents about 45 percent of all 401(k) plan assets in the country.
The latest findings, released in late September, are:
* Consistent participation in 401(k) plans remains essential to successful saving; the average account balance today is $ 91,040.
* Equity investing remains popular in 401(k) plans at about 67 percent of assets, including equity holdings in balanced funds.
* Investment preferences are shifting to simpler options, namely lifestyle and lifecycle funds, which are included in the study's balanced-fund category.
* Loans are widely available, but are taken by only 19 percent of participants.
Equity Funds Remain Popular; Lifestyle, Lifecycle Funds Grow; 401k Plans
Source: Insurance News Net
EACH YEAR, THE INVESTMENT COMPANY INSTITUTE AND THE Employee Benefit Research Institute pour over information gleaned from 16.3 million 401(k) participants in some 46,000 plans with $ 926 billion in assets. This represents about 45 percent of all 401(k) plan assets in the country.
The latest findings, released in late September, are:
* Consistent participation in 401(k) plans remains essential to successful saving; the average account balance today is $ 91,040.
* Equity investing remains popular in 401(k) plans at about 67 percent of assets, including equity holdings in balanced funds.
* Investment preferences are shifting to simpler options, namely lifestyle and lifecycle funds, which are included in the study's balanced-fund category.
* Loans are widely available, but are taken by only 19 percent of participants.
Equity Funds Remain Popular; Lifestyle, Lifecycle Funds Grow; 401k Plans
Source: Insurance News Net
Permalink posted by armandn @ 10:58 AM 
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