SBDA account balances are up

With the market up, it makes sense that self-directed brokerage accounts in defined contribution plans would be up too.


According to Charles Schwab’s SBDA Indicators Report, the average account balance across all participant accounts finished Q2 2021 at $348,183, a nearly 22% increase year-over-year and a 4.3% increase from Q1 2021.


The majority of participant assets were held in stocks (37%). Mutual funds were the second-largest holding at (30%), followed by ETFs (20%), cash (12%), and fixed income (1%).

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