The balance of the average 401(k) account reached a record of nearly $90,000 last year. On the other hand, Fidelity Investments' annual snapshot of the plans it provides provoked concern that more than a third of workers cashed out their retirement savings when they changed jobs.

The rebound in 401(k) accounts provided by Fidelity, the nation's second-largest retirement plan administrator, continued the turnaround from March 2009, when the average was $46,200. For those nearing retirement of at least age 55, the average nest egg totaled $165,200.

Much of the growth in balances came from the stock markets, which hit records last year, with 22 percent due to employee contributions and matches from employers.

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