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616. 401(k) Plans--Summary
[10,339 represents 10,339,000. A 401(k) plan is a qualified retirement plan that allows participantsto have a portion of their compensation (otherwise payable in cash)contributed
pretax to a retirement account on their behalf]
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ITEM
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1985
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1986
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1987
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1988
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1989
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1990
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1991
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1992
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1993
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1994
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1995
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1996
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Number of plans 1
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29,869
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37,420
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45,054
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68,121
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83,301
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97,614
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111,314
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139,704
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154,527
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174,945
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200,813
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230,808
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Active participants 2 (1,000)
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10,339
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11,559
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13,131
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15,203
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17,337
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19,548
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19,126
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22,404
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23,138
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26,206
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28,061
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30,843
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Assets (bil. dol.)
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144
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183
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215
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277
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357
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385
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440
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553
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616
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675
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864
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1,062
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Contributions (bil. dol.)
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24
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29
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33
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39
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46
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49
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52
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64
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69
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76
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87
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104
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Benefits (bil. dol.)
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16
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22
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22
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25
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31
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32
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33
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43
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44
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51
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62
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78
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Percentage of all private
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defined contribution plans:
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Assets
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34
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37
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41
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47
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52
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54
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53
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58
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58
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62
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65
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(NA)
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Contributions
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46
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50
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53
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61
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63
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65
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64
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69
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68
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72
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74
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(NA)
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Benefits
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35
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35
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40
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43
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47
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51
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51
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58
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57
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62
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64
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(NA)
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NA Not available.
1 Excludes single-participant plans.
2 May include some employees who are eligible to participate in theplan but have not elected to join. 401(k) participants may participatein one or more additional
plans.
Source: Employee Benefit Research Institute, Washington, DC,EBRI Databook on Employee Benefits, Fourth Edition (copyright).
http://www.ebri.org/
https://allcountries.org/uscensus/616_401_k_plans_summary.html
These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.
Copyright © 2019 Photius Coutsoukis and Information Technology Associates, all rights reserved.
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