By Melanie Hicken @melhickenAugust 27, 2013: 12:48 AM ET
How 401(k) fees eat away at your savings
NEW YORK (CNNMoney)
Average 401(k) balances were up more than 10% during the second quarter, despite a bumpy stock market that left many investors on edge.
Fidelity Investment's average 401(k) balance came in at $80,600 at the end of the second quarter of 2013 -- up more than 10% from the same time last year, according to a report released Tuesday by Fidelity, which represents 12.4 million U.S. workers.