Fidelity® Q4 2025 Retirement Analysis: Average Annual 401(k) Account Balances Increase by Double Digits for Third Year in a Row

Fidelity Newsroom. (2026, March 4). Fidelity® Q4 2025 Retirement Analysis: Average Annual 401(k) Account Balances Increase by Double Digits for Third Year in a Row. Fidelity. https://newsroom.fidelity.com/pressreleases/fidelity--q4-2025-retirement-analysis--average-annual-401-k--account-balances-increase-by-double-dig/s/aa6c3841-2f2d-4d6b-b38e-14a2a857b1b4

• Average 401(k) balances reached a record $146,400 at the end of 2025, marking an 11% increase from the prior year.

• Average 403(b) account balances saw a 13% annual increase, finishing the year at $133,500.

• Individual Retirement Account (IRA) balances grew by 7% year-over-year to reach an average of $137,095.

• Total 401(k) savings rates remained steady at 14.2%, which is just below the 15% recommended savings target.

• The number of participants with million-dollar 401(k) balances hit a new record of 665,000 during the fourth quarter.

• Younger generations demonstrated strong savings engagement, with over 13% of Gen Z participants increasing their contribution rates.

• Long-term female savers reached a significant milestone as those with 15 years of continuous participation averaged over $500,000 in their accounts.

Knote: With more people turning 65 in the US this year than ever has done, growth-minded advisors should triple-down on the 401k rollover market or Fidelity will have all the fun.