In 2009, more than 7,500 401(k) plans were terminated in the large plan market, forever doomed to carry cash boxes and locks tied to chains around their ghastly visages for eternity.

In 2010, that number rose to almost 10,000.

I'm an optimist. I like to believe in the best of people and of our institutions, so when I started writing this blog I was hearted by the growth: 500 more 401(k)s were created in 2010 versus 2009. A beacon of hope in a dark economy!

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.