• Find your HR website
    • Australia
    • Germany
    • Hong Kong
    • Singapore
    • Thailand
    • United Kingdom
    • United States
Alight Get Started
Alight
  • Solutions

    What’s new Health Administration Solutions Wealth Administration Solutions Payroll Administration Engagement and Communications HCM and Financial Management
     

    What’s new

    Alight Total Health Alight AMS as a Service

    To unlock and create growth

    Integrated solutions designed for enterprise-wide results. These offerings make the most of your investments in both technology and people.

    Health Administration |
    Employer Solutions

    Health Benefits Administration Healthcare Navigation Reimbursement Solutions Dependent Verification Services Compliance

    To better wellbeing

    Solutions to help employees and employers choose, use and manage their health benefits.

    Wealth Administration |
    Employer Solutions

    Defined Benefit Administration Defined Contribution Administration WealthSpark™ Managed Accounts & Advisory Self Directed Brokerage Pension De-riskingAlight Financial Path

    To build a future

    Solutions to help employees and employers choose, use and manage their wealth benefits.

    Payroll Administration |
    Employer Solutions

    Cloud HCM and Payroll Administration Global Payroll

    To keep spend in shape

    Solutions to administer, optimize and scale your payroll.

    Engagement and Communications |
    Employer Solutions

    Benefits Guidance Hyper-personalization Communications Consulting UPoint® and Digital Innovation Research

    To spark interest

    Solutions to create a more memorable employee experience.

    HCM and Financial Management |
    Professional Services

    HCM Cloud Advisory HCM Cloud Deployment HCM Application Management Services (AMS) Financial Cloud Advisory Financial Cloud Deployment Financial Application Management Services (AMS) Workday Adaptive Planning Implementation

    To keep things running smoothly

    Solutions to better manage your workforce from the cloud.

  • INSIGHTS

    Explore Insights Latest Insights
     
    Categories Topics Function

    CATEGORIES

    Health Wealth HR Financial Management HCM SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages for Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More

    TOPICS

    Alight Research Benefits Administration Compliance, Legislation & Regulation Consumer Healthcare Education Customer Success Stories Dependent Verification Health Savings & Reimbursement Accounts Open Enrollment Payroll & Compensation Savings & Retirement Planning Workday
    SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages fo Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More

    FUNCTION

    Human Resources Finance Information Technology SEE ALL

    FEATURED INSIGHTS

    Finance is moving to the Cloud ...are you ready?

    Read More

    The Advantages fo Health Saving Accounts (HSAs): Employees find balance between health and wealth

    Read More
  • EVENTS

    Explore Events

    FEATURED EVENTS

    Webinar
    Cloud transformation during disruption and change
    ON-DEMAND WEBINAR
    WATCH NOW
    Webinar
    Rethinking and activating your 2021 enrollment plan
    ON-DEMAND WEBINAR
    WATCH NOW
    Webinar
    Global payroll—now and up next
    ON-DEMAND WEBINAR
    WATCH NOW
  • WORK WITH US

     
    Our Markets Our Partnerships

    OUR MARKETS

    5K Employees Public Sector 5K - 10K Employees Brokers 10K+ Employees Europe APAC

    FEATURED CASE STUDIES

    Curtiss-Wright: Increasing utilization and satisfaction with an integrated benefits platform

    View Case Study

    Pathway Vet Alliance: Thriving in the cloud with Alight and Workday

    View Case Study

    OUR PARTNERSHIPS

    Workday SAP SuccessFactors Cornerstone OnDemand Oracle Alight Partner Network

    FEATURED CASE STUDIES

    Curtiss-Wright: Increasing utilization and satisfaction with an integrated benefits platform

    View Case Study

    Pathway Vet Alliance: Thriving in the cloud with Alight and Workday

    View Case Study
  • ABOUT US

    Our Story Leadership Team Newsroom Awards Careers

    FEATURED NEWS

    Alight’s new integrated digital solution makes managing finances easier for U.S. workers
    Read More
    Alight’s digital employee events platform provides rich, expansive user experience and optimizes engagement
    Read More
    Alight Solutions and Foley Trasimene Acquisition Corp. Announce Merger
    Read More
Find your HR website
Get started
  • Australia
  • Germany
  • Hong Kong
  • Singapore
  • Thailand
  • United Kingdom
  • United States
Home
Research & Insights
Alight Solutions 401(k) Index™: October 2019 Observations

Alight Solutions 401(k) Index™: October 2019 Observations

October was another slow month for 401(k) trading, according to the Alight Solutions 401(k) IndexTM. The overwhelming majority of days saw net trading activity move from equities to fixed income funds. There was one day of above-normal1 trading.

October observations:

  • On average, 0.015% of 401(k) balances were traded daily
  • 21 of 23 days favored fixed income funds

The Alight Solutions 401(k) Index™ statistics for the month of October 2019:​

Index statistics October 2019 YTD
Total transfers as percentage of starting balance 0.20% 1.98%
# Fixed days 21 (91%) 182 (86%)
# Equity days 2 (9%) 29 (14%)
# Above-normal days 1 25      

 

Inflows and outflows during October:

  • Trading inflows mainly went to stable value, bond and money market funds
  • Outflows were primarily from company stock, large U.S. equity and small U.S. equity funds
Asset classes with most trading inflows in October
  Percentage of inflows Index dollar value ($ mil)
Stable value funds 41% $176
Bond funds 30% $130
Money market funds 16% $67
Asset classes with most trading outflows in October
  Percentage of outflows Index dollar value ($ mil)
Company stock 52% $222
Large U.S. equity funds 32% $135
Small U.S. equity funds 8% $33
 

October investment portfolios:

  • After reflecting market movements and trading activity, average asset allocation in equities  increased from 67.1% in September to 67.3% in October
  • New contributions to equities decreased from 67.5% in September to 67.4% in October
Asset classes with largest percentage of total balance at end of October
  Percentage of balance Index dollar value ($ mil)
Target date2 funds 29% $63,863
Large U.S. equity funds 25% $54,389
Stable value funds 10% $21,497
Asset classes with most contributions in October
  Percentage of contribution Index dollar value ($ mil)
Target date funds 48% $530
Large U.S. equity funds 20% $216
International equity funds 7% $78
 

October market observations:

October saw gains broadly for capital market indices with international equities (represented by the MSCI All Country World ex-U.S. Index) rising 3.5%, small U.S. equities (represented by the Russell 2000 Index) gaining 2.6%, large U.S. equities (represented by the S&P 500 Index) advancing 2.2% and U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) earning 0.3%.

Returns for common indices
  October 2019 YTD
Bloomberg Barclays U.S. Aggregate Index 0.3% 8.9%
S&P 500 Index 2.2% 23.2%
Russell 2000 Index 2.6% 17.2%
MSCI All Country World ex-U.S. Index (net) 3.5% 15.5%

Members of the media: please contact Landis Cullen for questions about the Alight Solutions 401(k) Index™.

Learn more about the Alight Solutions 401(k) Index here.

  1. A “normal” level of relative transfer activity is when the net daily movement of participants’ balances as a percent of total 401(k) balances within the Alight Solutions 401(k) Index™ equals between 0.3 times and 1.5 times the average daily net activity of the preceding 12 months. A “high” relative transfer activity is when the net daily movement  exceeds two times the average daily net activity. A “moderate” relative transfer activity is when the net daily movement is between 1.5 and two times the average daily net activity of the preceding 12 months. 

  2. Target date funds also include the amounts in target risk funds. The amount in the target risk funds is less than 10% of the total.

Related Tags
Wealth Savings & Retirement Planning Alight Research Human Resources
Related Content
Article
Alight Solutions 401(k) Index™: February 2021 Observations →
February was a light trading month for 401(k) investors, according to the Alight Solutions 401(k) Index.
Wealth
Human Resources
Savings & Retirement Planning
Article
How leadership, culture and data define profitable employee experiences →
A 2021 Harvard Business Review Analytic Services report, sponsored by Alight
Health
Wealth
Benefits Administration
Article
COVID-19 Relief Legislation: Consolidated Appropriations Act, 2021 →
On December 27, the President signed the Consolidated Appropriations Act, 2021 into law. This legislation includes continued funding for government agencies and additional COVID-19 relief measures.
Wealth
Health
US COVID-19
Industry Report
2021 Workforce Mindset Study →
Alight’s Workforce Mindset® Study examines a range of workplace topics such as the employee experience, cultural characteristics and differentiators, total rewards, communication and technology.
Wealth
Savings & Retirement Planning

Resources

  • Talk to sales
  • Find your HR website
  • Careers
  • Legacy Resources

Connect with Us

  • LinkedIn
  • Twitter
  • Facebook
  • YouTube
  • Instagram

  • Office Directory
  • Terms and Conditions
  • Privacy Policy
  • Cookie Policy
Alight

© 2021 Alight®. All rights reserved.