The average 401(k) balance rose nearly 2 percent to $88,900 from $87,300 at the end of the first quarter. (Photo: Getty)

There’s good news and interesting news on the retirement front: balances are up, while more plan participants are taking the “do-it-for-me” approach.

The 401(k) and Individual Retirement Account analysis by Fidelity Investments for the second quarter of 2016 indicated that account balances were up, despite volatility in the markets.

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