“Defined contribution plan participants generally stayed the course with ongoing contributions, and withdrawal activity remained low in the first half of 2022,” said Sarah Holden, ICI senior director of retirement and investor research. “Plan participants held steady with their asset allocations despite stock values generally declining in the period.”
This is reflected in the, “Defined Contribution Plan Participants’ Activities, First Half 2022,” study which reflected, most Defined Contribution plan participants have not revised their asset allocations!
Even though the equity markets have been volatile, plan participants have demonstrated that they can weather the storm and remain invested.
To observe other findings from the study visit www.WealthManagement.com’s 401k Real Talk to view the full report.