Commitment to 401(k) Investing Remains Strong
A mere 2.7% of Americans stopped contributing to their defined contribution plan in 2017, the ICI reports.
Tag: asset allocation
Two-Thirds of 401(k) Assets Held in Equities
However, at year-end 2015, for example, the ICI says participants in their twenties had 80% of their portfolios invested in equities, while participants in their sixties had 55% in equities.
DC Investors Stayed the Course in Q1 2017
Amid strong market returns in Q1 2017, most participants left asset allocations in DC plans unchanged, according to a new report by the ICI.