Record average account balances in the nation's 401(k)s have translated into a surge in retirement savers who can now consider themselves millionaires.
New data from Fidelity Investments shows about 72,000 workers have $1 million or more parked in 401(k) plans, twice as many in 2012 and five times as many as a decade ago.
Half of 401(k) millionaires had balances between $1 million and $1.25 million at the end of 2014, 39 percent held between $1.25 million and $2 million, and 9 percent of accounts held more than $2 million.
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