Some experts question Cogent Research study's finding of big dip in 401(k) plan ownership
The bad economy deterred participation in employer retirement plans but their growth may stay suppressed longer term, researchers say
Skip Schweiss
I’ll agree with Ryan Alfred on this one. The Cogent study results are based upon a survey. Fine organization, Cogent, and I’m sure they took appropriate steps to ensure a valid outcome. The ICI data is not an estimate, as is mentioned in the article. Only the federal pension data is an estimate, if you read the chart. Nor is all data on 401(k) assets estimated. The best source is the government itself, since these plans must file annual reports. Numerous sources pull this data and report on it. Also, future prediction: the 401(k) market is not “on its way down”. Mark my words, Mr. Harvey!
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