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Special Report - Special Report - January 31, 2013 |
PR Newswire
Third-quarter 2012 data for defined-contribution plans administered by Springfield, Mass.-based MassMutual Financial Group show that, combined, generation X and generation Y participants now account for 55 percent of the company's participant count, compared with 41 percent of baby boomer participants.
Baby boomers still control the lion's share of assets at 61 percent, with the combined gen X/gen Y group holding 31percent of all defined-contribution plan assets at MassMutual.
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Baby boomers still control the lion's share of assets at 61 percent, with the combined gen X/gen Y group holding 31percent of all defined-contribution plan assets at MassMutual.
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