Are ETFs Poised to Gain More Market Share in 401(k)s?
Friday, October 9th, 2009
Tom Lydon (ETF Trends) submits:
On average, 401(k) balances have gotten smaller since last year, making a case for the addition of exchange traded funds (ETFs) to be included among the investment choices.
The average 401(k) balance that has been held since 2003 fell 24.3% in 2008, according to the Employment Benefit Research Institute. This includes losses, gains, and employer/employee contributions, Adam Kommel for Mutual Fund Wire reports.
