This question is about average 401k balance match fees.

What is the average 401(k) balance?

By Zippia Team - Sep. 1, 2023

The average 401(k) balance is $97,200. While this might seem like a lot, it's important to note that an average can be skewed by the extremes of the data. In this case, those with the largest 401(k) may lead the average to be higher than you might expect.

This becomes even more apparent when you examine the median 401(k) account balance, which is only $20,100. Likely, this number more accurately reflects the account balances of younger, less wealthy Americans.

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