Scheduling
Time & Attendance
Forecasting
Employee App
Payroll Integrations
Communications
Archive
By Staff Report
Jul. 17, 2009
Participants in 401(k) plans moved $270 million into equities from fixed-income investments in June, according to Hewitt Associates’ 401(k) index.
Total equity allocations rose to 53.6 percent of all 401(k) assets, from 49 percent in March, Hewitt said in its monthly report.
International funds received 20.7 percent of all inflows in June, or $63.7 million, while lifecycle funds received 19.5 percent, or $60.2 million.
Stable-value funds experienced the most outflows for the month, with $250 million. That represented 82.8 percent of all outflows.
According to Hewitt, 23.4 percent of participant-only contributions went into stable-value funds, while 21.9 percent went into lifestyle funds, and 16.9 percent into large-cap U.S. equity funds.
For overall contributions, 21.6 percent were invested in stable value, 21.3 percent were invested in lifestyle funds, and 15.6 percent moved into large-cap U.S. equity funds.
Filed by Jeff Nash of Pensions & Investments, a sister publication of Workforce Management To comment, e-mail editors@workforce.com.
Workforce Management’s online news feed is now available via Twitter
Come see what we’re building in the world of predictive employee scheduling, superior labor insights and next-gen employee apps. We’re on a mission to automate workforce management for hourly employees and bring productivity, optimization and engagement to the frontline.
Staffing Management
Managing employee time-off requests: A guide for business ownersSummary Vacation, sick time, PTO banks, and unpaid leave are only a few forms of employee time off — Mo...
Technology
Labor analytics: A how-to guide for company leadershipMake sure to start small, clean your data, use data from a variety of sources and use desired business ...
data analytics, employee data, HR Tech, people analytics, talent management
Technology
Why tattleware isn’t the solution for underperforming teamsIf your employees can take their smartphones out of their pockets to circumvent your efforts, how can y...
employee monitoring, HR technology, tattleware