The first trading day of February was one for the ages as equity markets dipped at historical levels and uncertainty still faces the Federal Reserves tapering plans. With these tumultuous market events swirling, 401(k) plan sponsors are keeping an eye on asset levels.
The Dow Jones Industrial Average dipped by 326 points and the S&P 500 faced a six percentage decline. However, with nearly $4 trillion in 401(k) plans according to latest Investment Company Institute data, retirement plan sponsors ought to react to current market roller coaster ride.
