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  2. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Investments, formerly known as Fidelity Management & Research ( FMR ), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest asset managers in the world, with $4.9 trillion in assets under management, and, as of December 2023, $12.6 trillion in assets under administration. [4] Fidelity ...

  3. More Americans are now 401(k) millionaires - AOL

    www.aol.com/finance/more-americans-now-401-k...

    The total 401 (k) savings rate for the first half of this year — a combo of employee and employer match contributions — was roughly 14%, Fidelity found. This is a touch above the 13.7% and 13. ...

  4. Record number of workers can call themselves 401(k ... - AOL

    www.aol.com/record-number-workers-call...

    The average 401 (k) retirement account balance hit $125,900 in the first quarter of 2024, up 6% from the fourth quarter last year, based on Fidelity data. The average was up 16% from the first ...

  5. Principal Financial Group - Wikipedia

    en.wikipedia.org/wiki/Principal_Financial_Group

    US$ 16.125 Billion (Fiscal Year Ended December 31, 2021) [1] Number of employees. ~18,600 (As of December 31, 2022) [1] Subsidiaries. Principal Mutual Fund. Website. principal .com. Principal Financial Group is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, U.S.

  6. 401 (k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans attractive to employees, and many employers offer ...

  7. Number of 401(k) ‘millionaires’ jumped 41% last ... - AOL

    www.aol.com/number-401-k-millionaires-jumped...

    Fidelity also reported that the number of 401 (k) accounts with balances of at least $1 million rose in the fourth quarter by 20%, to 422,000 accounts; and by 41% for the whole year. The average ...

  8. Abigail Johnson - Wikipedia

    en.wikipedia.org/wiki/Abigail_Johnson

    In November 2016, Johnson was named chair and remained CEO and president, giving her full control of Fidelity with 45,000 employees worldwide. [7] Johnson's wealth is approximately $22.6 billion, [8] making her one of the world's wealthiest women. She was named on Forbes ' "The Richest Person In America's 50 Largest Cities" list in 2016 and ranked sixth in 2021 on their "Powerful Women" list ...

  9. William Danoff - Wikipedia

    en.wikipedia.org/wiki/William_Danoff

    William Danoff is the single manager of the Fidelity Investments ' flagship mutual fund Contrafund. Contrafund is one of Fidelity's largest mutual funds holding over $129 billion in assets, making it the largest single-manager mutual fund in the world. Danoff's Contrafund mutual fund outperformed the S&P 500 's trailing one year, three year, five year, ten year and fifteen year total returns ...

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