The average 401(k) account balance tops $112,000, a new report shows

new York CNN — The average balance of employer-sponsored savings plans last year was $112,572, well below the $141,542 in 2021. That’s according to the latest annual report, How America Saves, from investment firm Vanguard, which acts as bookkeeper for defined contribution plans that collectively have nearly 5 million participants with an average age of … Read more