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BOSTON — While employees continue to contribute to their 401(k) plans, the average workplace savings account balance dropped 27% in 2008 to $50,200 from $69,200 in 2007, according to Fidelity Investments.

Based on analysis of Fidelity’s 17,095 corporate 401(k) plans representing more than 11 million participants, the company found that in 2008 participants contributed an average of $5,600 (pre-tax earnings) to their 401(k) accounts, slightly higher than 2007 levels.

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