Analysis Reveals Average 401(k) Account Balance at Record $74,900

By Staff Report

May. 12, 2011

Aided by the bull equities market, employees’ 401(k) account balances hit a record average of $74,900 at the end of the first quarter this year, according to an analysis released May 11.

In the 12-month period ending March 31, the average account balance jumped nearly 12 percent, while account balances rose an average of 4.8 percent in the first quarter of this year compared with the final quarter of 2010 according to Boston-based Fidelity Investments.

At year-end 2010, the average account balance was $71,500, which was the previous record high since Fidelity began tracking the data.

Account balances in 401(k) plans have made a huge recovery from the plunge in the equities markets, which began in 2008.

At $74,900, the average account balance is about 58 percent higher than the end of the first quarter in 2009, when the average account balance was $47,500.

Still, the figures show volatility of 401(k) plan balances. At the end of the first quarter of 2008, the average account balance was $64,900. One year later, the average had fallen nearly 27 percent to $47,500.

The study analyzed the account balances of about 11 million participants in nearly 16,500 plans serviced by Fidelity.  

Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, e-mail


Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.


blog workforce

We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.

Book a call
See the software

Related Articles

workforce blog


EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instances

If you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...

ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated

workforce blog


Fixing some common misconceptions about HIPAA

Ever since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...

COVID-19, health care, HIPAA, human resources, wellness

workforce blog


We are in the midst of a public mental health crisis; how employers can help

Do not ignore these issues or your employees who are living with them. Mental health illnesses are no d...

ADA, benefits, Coronavirus, FMLA, mental health, paid time off