Small-business retirement plan balances up 20% since 2007

The economic downturn didn't stop small-business owners or employees from contributing to their retirement plans.

By Paula Aven Gladych | Updated on May 06, 2013

The average account balance in small-business retirement savings plans increased 20 percent since 2007 and jumped an average of 64 percent over 2008, when balances were at their lowest point.

Fidelity Investments came up with those figures after analyzing six years of data for more than 200,000 small-business accounts with the firm. These plans usually have fewer than 10 employees.

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