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Increase in 401(k) balances


shalab
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The increase in average balances in fido accounts is consistent with the increase in networth seen on this board. The growth was 28% in 2009 and 11% in 2010. Fido has 11 million participants in its 401(k) plans. The total net worth managed by Fidelity is around 800 billion.

 

http://www.fidelity.com/inside-fidelity/employer-services/q4-2011-401k-update

http://www.fidelity.com/inside-fidelity/employer-services/fidelity-reports-average-401k-balance-increases-28-percent-in-2009

 

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