The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, according to Charles Schwab’s SDBA Indicators Report.

In Q1, the average 401(k) balance dropped to $127,100, a 3% decline from the previous quarter, according to Fidelity, with boomers averaging $239,600, Gen X at $187,400 and millennials at $66,800.

The S&P 500 index was up 0.92% year to date through June 2 when the S&P 500 closed at 5,935.94 points. The total year-to-date return — including dividends — was 1.49% through the market close ...

We see this happen slightly in the median 401(k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).

Schwab’s first-quarter revenue increased to a record of $5.6 billion from $4.74 billion in the year-ago quarter, ahead of the analyst projection of $5.53 billion.

The company also reported a 44% YoY surge in net new assets, which rose to $137.7 billion in Q1. Charles Schwab CEO Rick Wurster noted that the growth was visible across the Retail, Advisor ...

Fidelity Investments reports that despite stock market turbulence causing small declines in 401(k), IRA, and 403(b) balances in Q1, people continued saving for retirement.

Charles Schwab’s SCHW first-quarter 2025 adjusted earnings of $1.04 per share beat the Zacks Consensus Estimate of $1.00. The bottom line surged 41% year over year. Shares of the company jumped ...

The Charles Schwab Corporation (SCHW) Q1 Earnings and Revenues Beat Estimates April 17, 2025 — 08:40 am EDT. ... trends and education. Delivered Wednesdays. Investor Relations ...