Employer-based retirement funds rise, ICI reports

04/10/2012 | Financial-Planning.com

Total assets in U.S. employer-based defined-contribution plans reached $4.5 trillion at the end of 2011, up from $4.3 trillion in the previous quarter, the Investment Company Institute said. Workers' 401(k) accounts represented $3.1 trillion of the year-end total, and mutual funds managed $2.5 trillion.

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