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7% of 401k assets are in lifecycle funds

More than 7% of 401(k) assets at year-end 2007 were invested in lifecycle funds and one-quarter of 401(k) participants held lifecycle funds, according to Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI).

More than 7% of 401(k) assets at year-end 2007 were invested in lifecycle funds and one-quarter of 401(k) participants held lifecycle funds, according to Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI).