Filed Under:Life Insurance, Life Planning Strategies

PSCA: DC, IRA assets nearing $8 trillion

Assets invested in defined contribution accounts and individual retirement account rollovers now total $7.8 trillion, according to new research from the Plan Sponsor Council of America (PSCA).

PSCA’s 56th Annual Survey reports on the 2012 plan-year experience of 686 plans with 10.3 million participants and $769 billion in plan assets. Among other topics, the survey includes: Percentage of plans with a frozen DB plan; the average company contribution by type of contribution (match and non-match); average number of funds offered per asset class; glide paths and management styles of target date funds; and percentage of plans offering comprehensive financial education programs. 

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Nichole Morford

Nichole Morford
Managing Editor

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