Investment Company Institute: 401(k) plans rich in low-cost mutual funds
Low-cost mutual funds make up most of the assets in 401(k) plans, according to a study released yesterday by the Investment Company Institute, a Washington-based industry trade group.
Low-cost mutual funds make up most of the assets in 401(k) plans, according to a study released yesterday by the Investment Company Institute, a Washington-based industry trade group.
Nearly half of the $2.3 trillion in 401(k) assets were invested in mutual funds at the end of 2008, the report
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