401(k) Plan Asset Allocation, Account Balances, and Loan Activity In 2010

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Employee Benefit Research Institute’s annual publication using their data on
• 23.4 million 401(k) plan participants, in
• 64,455 employer-sponsored 401(k) plans, holding
• $1.414 trillion in assets.

401(k) Plan Asset Allocation, Account Balances, and Loan Activity In 2010 | EBRI

From their executive summary:

• THE BULK OF 401(K) ASSETS CONTINUED TO BE INVESTED IN STOCKS.
• SEVENTY PERCENT OF 401(K) PLANS INCLUDED TARGET-DATE FUNDS IN THEIR INVESTMENT LINEUP AT YEAR-END 2010.
• MORE NEW OR RECENT HIRES INVESTED THEIR 401(K) ASSETS IN BALANCED FUNDS, INCLUDING TARGET-DATE FUNDS.
• 401(K) PARTICIPANTS CONTINUED TO SEEK DIVERSIFICATION OF THEIR INVESTMENTS.
• PARTICIPANTS’ 401(K) LOAN BALANCES DECLINED SLIGHTLY IN 2010.
• THE YEAR-END 2010 AVERAGE ACCOUNT BALANCE IN THE DATABASE WAS 3.4 PERCENT HIGHER THAN THE YEAR BEFORE, BUT MAY NOT ACCURATELY REFLECT THE EXPERIENCE OF TYPICAL 401(K) PARTICIPANTS IN 2010.

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• MORE NEW OR RECENT HIRES INVESTED THEIR 401(K) ASSETS IN BALANCED FUNDS, INCLUDING TARGET-DATE FUNDS.

This certainly makes sense, since more and more plans are using an age-appropriate "target" fund as the default.