Despite Record-high 401(k) Plan Balances, Few Workers Are Actively Managing Their Portfolios

2015-05-29T18:44:27-07:00May 29th, 2015|Categories: 401(k)|Tags: , |

While 401(k) plan balances and participation are at record-highs, a new survey from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, reveals that few U.S. workers are actively managing their 401(k) portfolios, leaving opportunity for workers to be more proactively involved in their accounts and improve long-term savings. According to Aon Hewitt’s analysis of 138 defined contribution (DC) plans, representing 3.5 million eligible workers, participation in 401(k) plans reached 79 percent at the end [...]