401(K) Plan Asset Allocation, Account Balances, and Loan Activity in 2000
28 Pages Posted: 20 Dec 2001
This Issue Brief examines asset allocation, account balance, and loan activity of a large and representative group of 401(k) plan participants as of year-end 2000, using data gathered by the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) in their collaborative effort known as the EBRI/ICI Participant-Directed Retirement Plan Data Collection Project. The EBRI/ICI data collection project is the most comprehensive source of 401(k) plan participant-level data available to date, and contains 11.8 million active 401(k) plan participants in 35,367 plans with $579.8 billion in assets. The 2000 database accounts for 11 percent of all 401(k) plans, 28 percent of all 401(k) participants, and about 33 percent of the assets held in 401(k) plans.
JEL Classification: D31, J26, J32
Suggested Citation: Suggested Citation