Participants November 15, 2017

Participants Split Between Fixed Income and Equities in October Trading

Alight Solutions says there was a 50/50 split of trading days favoring equities and those favoring fixed income.

Reported by

Trading among defined contribution plan investors was moderate in October, with three days of above normal trading activity, according to the Alight Solutions 401(k) Index.

On average, 0.014% of balances traded each day. There was a 50/50 split of trading days favoring equities and those favoring fixed income.

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Most trading inflows went to international (46%), bond (22%), and large U.S. equity funds (14%), while outflows were primarily from company stock (40%), target-date (34%), and stable value funds (20%).

At the end of October, 67.9% of balances were invested in equities, up from 67.6% at the end of September, and 67.2% of new contributions were invested in equities, up slightly from 67% in September. Target-date funds held the largest percentage of total balances in October (27%) and received the largest percentage of contributions (46%).

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