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Top 1 percent of plans hold more than 71% of 401(k) assets

There were about 500,000 active 401(k) plans in Q4 2013, with a collective $3.5 trillion in total assets. Nearly three-quarters, or $2.54 trillion, was controlled by the top 1% (5,000 companies).

By BenefitsPro staff | Updated on February 19, 2014

Judy Diamond Associates, the 401(k) plan intelligence provider affiliated with BenefitsPro.com, has released an analysis of the distribution of plan assets nationwide, revealing that the top 1 percent of plans hold 71.1 percent of all 401(k) assets.

There were about 500,000 active 401(k) plans in the fourth quarater of last year, with a collective $3.5 trillion in total assets. Nearly three-quarters, or $2.54 trillion, was controlled by the top 1 percent (5,000 companies). In contrast, the other 99 percent (495,000 companies) of all 401(k) plans nationwide control only 29 percent of the total assets

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