401(K) Plan Asset Allocation, Account Balances, and Loan Activity in 1998

28 Pages Posted: 7 Apr 2001

See all articles by Jack VanDerhei

Jack VanDerhei

Morningstar Center for Retirement and Policy Studies

Sarah Holden

Investment Company Institute

Carol Quick

Employee Benefit Research Institute (EBRI)

Abstract

The Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) have been collaborating for the past three years to collect data on participants in 401(k) plans. This effort, known as the EBRI/ICI Participant-Directed Retirement Plan Data Collection Project, has obtained data for 401(k) plan participants from certain of EBRI and ICI members serving as plan record keepers and administrators. This report includes 1998 information on 7.9 million active participants in 30,102 plans holding nearly $372 billion in assets. The data include demographic information, annual contributions, plan balances, asset allocation, and loans, and are broadly representative of the universe of 401(k) plans. The database also includes three years of longitudinal information on approximately 3.3 million participants.

Keywords: 401(k) plans, Asset allocation, Employment-based benefits, Pension plan assets, Pension plan loans, Retirement plans, Self-directed investments

JEL Classification: D31, J26, J32

Suggested Citation

VanDerhei, Jack and Holden, Sarah and Quick, Carol, 401(K) Plan Asset Allocation, Account Balances, and Loan Activity in 1998. Available at SSRN: https://ssrn.com/abstract=265650

Jack VanDerhei (Contact Author)

Morningstar Center for Retirement and Policy Studies ( email )

22 W Washington Street
Chicago, IL 60602
United States

Sarah Holden

Investment Company Institute ( email )

1401 H Street, NW
Research Department
Washington, DC 20005
United States
(202) 326-5915 (Phone)

Carol Quick

Employee Benefit Research Institute (EBRI)

1100 13th Street, NW
Suite 878
Washington, DC 20005-4204
United States

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