September was a slow month for 401(k) trading with only one above-normal1 activity, according to Alight Solutions 401(k) Index™. When investors made trades, they favored fixed income funds with over 90% of net trading dollars moving from equities into fixed income.
September observations:
- On average, 0.016% of 401(k) balances were traded daily
- 19 of 20 days favored fixed income funds
The Alight Solutions 401(k) Index™ statistics for the month of September 2019: