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Fidelity Reports on 401(k) Plan Trends

Tom Fisher | Fri, 01/30/2009 - 12:06pm | 401(k), Fidelity Investmesnts, State of the 401(k) |  Add a comment

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Boston-based Fidelity Investments provides 401(k) plan management for over 17,000 employers, making it the largest plan administrator in the country. Fidelity’s annual “State of the 401(k)” report, released yesterday, provides a window into the behavior of 401(k) plan participants.

To no one’s surprise, the report disclosed that the average Fidelity 401(k) plan balance dived last year, dropping 27 percent.
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