New Report Examines Behavior of Defined Contribution Plan Participants

A recently issued report titled “Defined Contribution Plan Participants’ Activities, First Half 2014”, examines the choices of participants in defined contribution (“DC”) plans. The authors found that:

“DC plan withdrawal activity in the first half of 2014 remained low and was similar to the activity observed in the first half of 2013…The vast majority of DC plan participants continued contributing to their plans…Most DC plan participants stayed the course with their asset allocations as stock values generally rose over the first six months of the year… Defined contribution (DC) plan assets are a significant component of Americans’ retirement assets, representing more than one-quarter of the total retirement market (Figure 1) and almost one-tenth of U.S. households’ aggregate financial assets at the end of the second quarter of 2014.”

To read more, click here.