Cerulli Associates sees the micro-plan 401(k) market—those with less than $5 million in assets—will rise to more than 1 million plans by about 2029, driven in part by state mandates and federal tax ...

Despite an uncertain economic environment, retirement plan participant outcomes thrived in 2023, bolstered by strong growth in employee contributions, according to a preview of Vanguard's annual ...

Retirement savings is what Garcia calls one of the “three pillars” of wealth creation, along with home ownership and starting a business. As of 2021, only 31% of Hispanic households with income from ...

A 401(k) plan can be a helpful tool. Despite the 401(k) plan growth potential, the DOI shows that in 2022, more than a quarter of private industry employees with access to a plan did not contribute.

The average 401(k) plan account balance for consistent participants grew at a compound annual average rate of 19.4% between 2016 and 2020, with the average account balance growing from about ...

Investment firms watching 401(k) market for ESG growth Fidelity has around $7.4 billion in DC plan assets in ESG options and last year added seven funds to its sustainable lineup. FEB 14, 2022 ...