The sluggish stock markets this year have meant that 401(k)s haven't been earning income as fast as most people would like. Through the first seven months of the year, the S&P 500 is up just 2.2 percent.
But that hasn't stopped people from putting money away into these retirement accounts. According to Fidelity, the average annual contribution to a 401(k) - counting both the employee's investment and the amount contributed by the employer - rose to $10,180 by the end of June. That's a record high for that figure.
They've need that just to tread water, given the difficulties in so many investment areas this year. Despite all those inflows, the average balance in a 401(k) dropped from $91,800 at the end of March to $91,100 at the end of June.