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Mutual Funds Blog

By Dustin Woodard, About.com Guide to Mutual Funds since 2000

401(k) Participation Dropping

Monday July 7, 2003
The Washington Post reports that participation in 401(k) plans has dropped to 68.2 percent of eligible workers. This is bad news. As outlined in my article titled "Maximize 401(k) Matching", taking advantage of 401(k) matching may be the best investment you ever make.

This article also reports that employees put about 42% of their 401(k) investments in their company stock! Looks like I need to write an article about proper asset allocation.

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