The average balance for investors in Fidelity 401(k) and IRA plans combined is $212,600, compared with $71,700 for someone with only a Fidelity IRA, the investment group said Wednesday. For workers with a just a Fidelity 401(k), the balance is even lower: $69,100.

“This unique and integrated analysis covering more than 18 million accounts clearly underscores the importance of using both an IRA and 401(k) to help maximize long-term, tax-deferred growth potential, and as essential complements to other retirement income sources such as Social Security, a pension, annuities and brokerage accounts,” Kathleen Murphy, president of personal investing for Fidelity Investments, said in a statement.

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