Slideshow States with the worst 401(k) plans

Published
  • February 09 2015, 2:14am EST
11 Images Total

Overview

Judy Diamond Associates reviewed more than half a million 401(k) plans throughout the country to determine which states had the highest amount of under-performing plans. Rankings are based on rate of return, participation and employee contributions.

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10) Alabama

Percent of plans that significantly underperformed: 12.81%

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9) Mississippi

Percent of plans that significantly underperformed: 12.88%

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8) Texas

Percent of plans that significantly underperformed: 13.11%

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7) Georgia

Percent of plans that significantly underperformed: 13.12%

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6) South Carolina

Percent of plans that significantly underperformed: 13.18%

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5) Tennessee

Percent of plans that significantly underperformed: 13.37%

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4) Florida

Percent of plans that significantly underperformed: 14.42%

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3) Utah

Percent of plans that significantly underperformed: 15.17%

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2) Nevada

Percent of plans that significantly underperformed: 15.19%

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1) Arizona

Percent of plans that significantly underperformed: 16.17%

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