Participants in self-directed 401(k)s saw their balances fall in 2022.
According to Charles Schwab’s SDBA Indicators Report, the average account balance for SDBAs was $280,099 at the end of 2022, down 20.6{c380c443b29f56f2f296535bf2f844f113c94e333abd8882073f7ec8de27f4a2} year over year but up 2.45{c380c443b29f56f2f296535bf2f844f113c94e333abd8882073f7ec8de27f4a2} from the third quarter of 2022. For the fourth straight quarter, Schwab reported negative returns year over year, in line with the…
