More than 70% of the roughly $11 trillion in defined contribution assets were in 401(k) plans at the end of 2021. Another 12% were held by 403(b) plans.
A combined 51% of DC plans come from households that earn at least $100,000 annually. For those at the other end of the spectrum, households with income below $50,000 account for 14% of plans.
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October 13, 2022 at 09:12PM
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401(k) assets make up majority of DC assets - Pensions & Investments
"make up" - Google News
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