401(K) STATISTICS

(Hewitt Associates 1998)

Kinds of Funds- How many plans offer these options

	1995	1997
Money Market	51%	51%
Stable Value Fund	55	66
Long Term Bonds	31	38
Balanced	66	76
Lifestyle Fund	9	19
Equity Index	45	49
Large Cap Equity	52	61
Mid Cap Equity	58	34
Small Cap Equity	40	41
Non U. S. Equity	36	47
Employer Stock	36	52

Average Number of 401(k) Investment Options

1993- 4.2

1995- 6.1

1997- 8.0

Employer Match- How employers match their workers contributions

Fixed Match - 67%

35% of employers contributed $.50 for every $1 invested by employee

14% of employers contributed $1 for every $1 invested by employees

18% of employers offered a different fixed match

Graded Match- 14%

(Graded means employer contributed varying amounts. For example, $1 for each of the employees first $3; then $.50 for next $3)

Match based on Company Performance- 14%

Match based on length of Employee Service - 6%

Other Match- 10%

No Match- 7%

How Often Can a Employee Transfer Money Between Funds

Daily- though 22% of plans limit the total number of transfers in a year	64%
Monthly	17%
Quarterly	15%
Other	4%