The total assets of retirement defined contribution (DC) plans in the United States grew overall since 2000, except for a drop in 2018. In a DC plan, a proportion of the employee's salary is placed in a chosen investment offered by the plan, and the plan is mainly funded by the employee. The most common DC plan in the United States is the 401(k) plan. Total assets of retirement defined contribution plans reached an estimated value of around 9.25 trillion U.S. dollars in the second quarter of 2022.
Total assets of retirement defined contribution plans in the United States from 2000 to 2022
(in billion U.S. dollars)
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ICI. (September 15, 2022). Total assets of retirement defined contribution plans in the United States from 2000 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/
ICI. "Total assets of retirement defined contribution plans in the United States from 2000 to 2022 (in billion U.S. dollars)." Chart. September 15, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/
ICI. (2022). Total assets of retirement defined contribution plans in the United States from 2000 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/
ICI. "Total Assets of Retirement Defined Contribution Plans in The United States from 2000 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Sep 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/
ICI, Total assets of retirement defined contribution plans in the United States from 2000 to 2022 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/ (last visited November 10, 2024)
Total assets of retirement defined contribution plans in the United States from 2000 to 2022 (in billion U.S. dollars) [Graph], ICI, September 15, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/187963/retirment-defined-contribution-plan-total-assets-in-the-us-since-2000/