401(k) Plans--Summary

10,339 represents 10,339,000. A 401(k) plan is a qualified retirement plan that allows participants to have a portion of their compensation (otherwise payable in cash) contributed pretax to a retirement account on their behalf

		1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996
401(k) Plans--Summary
Active Participants^{1, 2}		10,339	11,559	13,131	15,203	17,337	19,548	19,126	22,404	23,138	26,206	28,061	30,843
Assets³	Percentage Of All Private Defined Contribution Plans	34	37	41	47	52	54	53	58	58	62	65	(NA)⁵
Assets³	Total	144	183	215	277	357	385	440	553	616	675	864	1,062
Benefits³	Percentage Of All Private Defined Contribution Plans	35	35	40	43	47	51	51	58	57	62	64	(NA)⁵
Benefits³	Total	16	22	22	25	31	32	33	43	44	51	62	78
Contributions³	Percentage Of All Private Defined Contribution Plans	46	50	53	61	63	65	64	69	68	72	74	(NA)⁵
Contributions³	Total	24	29	33	39	46	49	52	64	69	76	87	104
Number Of Plans⁴		29,869	37,420	45,054	68,121	83,301	97,614	111,314	139,704	154,527	174,945	200,813	230,808

Footnotes

¹ May include some employees who are eligible to participate in the plan but have not elected to join. 401(k) participants may participate in one or more additional plans.

² Thousands

³ Billions of dollars.

⁴ Excludes single-participant plans.

⁵ Not available.

Source

Employee Benefit Research Institute, Washington, DC, EBRI Databook on Employee Benefits, Fourth Edition (copyright).

<http://www.ebri.org/>

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