Schwab Report: Self-Directed 401(k) Investors Finish 2019 Strong With Average Account Balances up 19% Year-Over-Year

Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--According to Charles Schwab’s SDBA Indicators Report, an industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts (SDBAs), the average account balance across all participant accounts finished 2019 at $294,105, a 19% increase year-over-year and a 6% increase from Q3 2019.SDBAs are brokerage accounts within retirement plans, including 401(k)s and other types of retirement plans, which participants can use to invest in stocks, bonds, exchange-traded funds, mutual funds and other securities that are not part of their retirement plan's core investment offerings.Asset allocation remained largely the same, with participants finishing the year where they s
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SCHW
Earnings
- 1/21/25 - Beat
SCHW
Sec Filings
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- SCHW's page on the SEC website