401K contributions

The latest surges in the stock market may be one clear sign that consumers are treading back into safe waters as they throw lifesavers to their submerged 401(k)s and other retirement plans.

To track some of the newest trends that have emerged since the Great Recession, CU Times partnered with Judy Diamond Associates Inc., a Washington-based publisher of employee benefits industry prospecting tools and plan data. Both entities are subsidiaries of Summit Professional Networks, a provider of digital and print content services for the financial services, insurance and legal industries.

Judy Diamond put together a list of all the defined contribution, ERISA-qualified retirement packages at 5,455 credit unions and 6,137 banks, according to Eric Ryles, managing director at the firm. The data came from IRS and Department of Labor 5500 benefit plan disclosure forms, which are required by law to be filed each year.

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