Americans are accumulating debt faster than they’re putting money into their 401(k)s, a study released Thursday by HelloWallet said.

That’s despite the fact that employers added $2.5 trillion to defined contribution plans in the period studied, 1992-2010. Over the same time, the one-third of working households enrolled in a 401(k) plan took on $2.7 trillion debt, HelloWallet, a financial technology firm based in Washington, D.C., said.

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