http://www.hewittassociates.com/Hewitt 401(k) Index Observations60http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=8220http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=8220 Despite the positive stock market performance, the direction of the total transfers in February was strongly fixed income-oriented, according to the results of the Hewitt 401(k) Index™. Approximately $285 million moved from equities to fixed income investments during the month. Seventy percent of ...Mon, 01 Feb 2010 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=8137http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=8137 401(k) participants changed the direction of their transfers in reaction to the market downturn in January, according to the results of the Hewitt 401(k) Index™. Transfers were strongly equity-oriented during the first half of the month, with participants moving monies out of fixed income investme ...Fri, 01 Jan 2010 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7995http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7995 401(k) participants favored equity over fixed income investments on nearly two-thirds (64%) of the days in December, which has continued a trend that began in April 2009, according to the results of the Hewitt 401(k) Index™. For the year, there were neutral flows in/out of equity. In total, $930 ...Tue, 01 Dec 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7896http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7896 Despite the strong market performance, the direction of the total transfers in November was only slightly equity-oriented according to the results of the Hewitt 401(k) Index™. Participants transferred monies from fixed income investments to equities during 55% of the days in November. In dollar te ...Sun, 01 Nov 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7553http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7553 401(k) participant sentiment was mixed in October, according to the results of the Hewitt 401(k) Index™. The directions of transfers were equity-oriented during half of the days in the month, and fixed income-oriented during the remaining days. A net amount of $16 million transferred from fixed in ...Thu, 01 Oct 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7420http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7420 401(k) participants continued to slowly and modestly transfer assets from fixed income investments back into equities, according to the results of the Hewitt 401(k) Index™. Total transfers for the month of September were again equity-oriented. However, flows overall have been relatively small, as ...Tue, 01 Sep 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7254http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7254 The positive stock market performance sent increased 401(k) dollars into equity investments in August, according to the results of the Hewitt 401(k) Index™. A total of $203 million shifted from fixed income to equities. Transfer activities were equity-oriented on 62% of the days during the month. ...Sat, 01 Aug 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7145http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7145 401(k) participant transfers were low in July despite the stock market rally, according to the results of the Hewitt 401(k) Index™. Only 0.037% of balances were shifted on a net daily basis, which is much lower than the 12-month trailing average of 0.053%. Only one day in July had an above-normal ...Wed, 01 Jul 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7014http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=7014 The equity markets were mixed during the quarter, yet transfers into stock funds continued during the month according to the Hewitt 401(k) Index™. Total assets moved were lighter, with nearly $270 million moving out of fixed income investments into equities during June. For the quarter, close to $ ...Mon, 01 Jun 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6920http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6920 The equity markets continued to rally during May, with International stocks leading the way. In response to this, net monthly transfers in the Hewitt 401(k) Index™ also moved further into equities from fixed income. In total, $502 million moved out of fixed income investments during May. Stable v ...Fri, 01 May 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6764http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6764 In reaction to the strong stock market return in April, net monthly transfers in the Hewitt 401(k) Index™ moved from fixed income investments to equities for the first time since June 2008. In fact, a total of $231 million shifted toward diversified equity investments (excluding company stock) thr ...Wed, 01 Apr 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6622http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6622 As the stock market turned around and moved into positive territory in March, 401(k) participants also changed the direction of their transfers, according to the results of the Hewitt 401(k) Index™. During the first half of the month, after the Dow Jones Industrial Average closed near a 12-year lo ...Sun, 01 Mar 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6418http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6418 As the Dow Jones Industrial Average slid 11% in February, 401(k) participants made another large movement toward fixed income investments, according to the results of the Hewitt 401(k) Index™. A total of $484 million shifted from equities to fixed income funds during the month. In addition, nearly ...Sun, 01 Feb 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6309http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6309 January was a relatively quiet month with regard to participant transfer activities, according to the results of the Hewitt 401(k) Index™. On average, about 0.042% of 401(k) balances transferred on a net daily basis during the month — slightly lower than the trailing 12-month average of 0.052%. In ...Thu, 01 Jan 2009 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6207http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6207 As a reaction to the plunging stock market, the overall transfer activity in the Hewitt 401(k) Index™ was significantly higher in 2008 than that of previous years. Throughout the year, 5.7% of balances were transferred, which is the highest level since the inception of the index in 1997. On averag ...Mon, 01 Dec 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6073http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=6073 In reaction to another significant stock market downturn in November, 401(k) participants continued to transfer out of equities and into fixed income investments, albeit, on a smaller scale when compared to that of September and October, according to the results of the Hewitt 401(k) Index™. A tota ...Sat, 01 Nov 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5883http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5883 As the major stock indexes closed the month down 14% to 21%, participants' transfer activity level was significantly higher than usual, according to the results of the Hewitt 401(k) Index™. Ten days of the month experienced above normal* level of transfer activities. On average, 0.10% of balances ...Wed, 01 Oct 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5686http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5686 Amid the market turmoil, 401(k) participant activity was high and transfers were significant out of equities during September, according to the results of the Hewitt 401(k) Index™. A total of $921 million moved out of equities and into fixed income investments during the month. The directions of t ...Mon, 01 Sep 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5565http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5565 401(k) participants continued to move monies away from international equities, as the performance of this asset class lagged behind domestic stocks (the return of the MSCI EAFE Index lost 4.1% in August vs. the S&P 500 Index was up 1.5%), according to the results of the Hewitt 401(k) Index™. Over ...Fri, 01 Aug 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5491http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5491 401(k) participants moved assets out of equity into fixed income investments again in July, according to the results of the Hewitt 401(k) Index™. In fact, net transfers were fixed income oriented on 91% of the days during the month. Over $692 million was shifted out of equities into fixed income ...Tue, 01 Jul 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5431http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5431 401(k) participants moved away from equity investments during the first half of 2008, according to the results of the Hewitt 401(k) Index™. In fact, a sum of $3 billion (2.6% of total assets) shifted out of equity funds on a net basis during this period. The vast majority of outflows occurred in t ...Sun, 01 Jun 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5289http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5289 401(k) participants favored equity over fixed income investments in May, according to the results of the Hewitt 401(k) Index™. Transfer activities were equity oriented during two third of the days in May. Overall, nearly $240 million transferred into diversified equity funds during the month. App ...Thu, 01 May 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5155http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5155 Despite the strong stock market performance in April, 401(k) participants had mixed investment sentiment, according to the results of the Hewitt 401(k) Index™. Participants shifted monies from equities to fixed income investments during 55% of the days in April. However, in dollar amounts, a net o ...Tue, 01 Apr 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5028http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=5028 401(k) participant transfers remained fixed income oriented in the month of March, according to the results of the Hewitt 401(k) Index™. Participants moved assets from equities to fixed income investments during 80% of the days. As a result, a total of $864 million shifted out of equities througho ...Sat, 01 Mar 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4888http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4888 In February, the weak stock market again led 401(k) participants to move balances away from stock investments and into fixed income funds, according to the results of the Hewitt 401(k) Index™. 401(k) participant net transfers were fixed income oriented during 70% of the days in February. However, ...Fri, 01 Feb 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4807http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4807 401(k) participants sought shelter into fixed income investments in January, in response to market volatility, news on subprime related losses and worries about economy, according to the results of the Hewitt 401(k) Index™. Nearly 100% of the monthly net transfers moved out of a variety of equity ...Tue, 01 Jan 2008 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4681http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4681 Despite of the slight negative market return in December, participants favored equity investments on 65% of the days during the month, according to the results of the Hewitt 401(k) Index™. In terms of net dollar transfers, a total of $50 million transferred out of fixed income investments and into ...Sat, 01 Dec 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4575http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4575 401(k) participant transfers were bearish in November due to the weakness of the stock market, according to the results of the Hewitt 401(k) Index™. Almost all equity asset classes (except international) experienced net outflows, with $553 million shifting out of equities and into fixed income inv ...Thu, 01 Nov 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4508http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4508 Participants continued to react to the strong performance within the international and emerging market equity asset classes in October and moved a combined $295 million into these two asset classes, according to the results of the Hewitt 401(k) Index™. These movements represented nearly 66% of the ...Mon, 01 Oct 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4441http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4441 Despite market volatility in September, participant transfers were still modest — with, on average, 0.05% of balances transferring on any given day, according to the results of the Hewitt 401(k) Index™. This is slightly above trailing 12-month average daily net transfer activity levels of 0.04%. ...Sat, 01 Sep 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4348http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4348 401(k) participants sought shelter from the equity markets in August as DJIA dropped below 13,000 mark for the first time since April. According to the results of the Hewitt 401(k) Index™, monies were transferred out of equities and into fixed income investments on 70% of the days during the month ...Wed, 01 Aug 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4271http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4271 In July, the stock market reached historical highs, with the DJIA closed above 14,000 during the month. However, later in the month, markets retreated posting one of the worst weeks in 2007. Although market volatility was significant, the transfer volumes in 401(k) plans remained low, up only slig ...Sun, 01 Jul 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4179http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4179 June was a very quiet month for 401(k) participants. Although the stock market had a weak month (DJIA had triple digit drops on five days of the month), the 401(k) participants didn't react much to the changes, according to the results of the Hewitt 401(k) Index™. In fact, the average daily net tr ...Fri, 01 Jun 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4146http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4146 Despite of the strong market performance — both DJIA and S&P 500 set new record in May, 401(k) participants traded very modestly throughout the month, according to the results of the Hewitt 401(k) Index™. The daily average net transfer activity was only 0.03% of balances. In addition, none of the ...Tue, 01 May 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4064http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=4064 Although the market hit record levels in April, 401(k) participants continued to move monies towards fixed income investments during the majority of the days (60%) in April, according to the results of the Hewitt 401(k) Index™. For the month, nearly $110 million was shifted from stock investments ...Sun, 01 Apr 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3973http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3973 401(k) participants reacted to market fluctuations by moving monies toward fixed income investments during a majority of the days (68%) in March, according to the results of the Hewitt 401(k) Index™. For the month, a total of more than $572 million was shifted from stock investments into fixed inc ...Thu, 01 Mar 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3904http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3904 According to the Hewitt 401(k) IndexTM 401(k) participants remained calm overall despite the stock market plunge on February 27. Although, the relative net transfer activity was 4.8 times the usual level on that day with monies moving from equities toward fixed income investments, still, only a ve ...Thu, 01 Feb 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3693http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3693 Inspired by the strong equity market performance in late 2006 and early 2007, 401(k) participants started the year by shifting monies into equity investments according to the results of the Hewitt 401(k) Index™. This appeared to reverse the trend of fixed income-oriented transfers as seen through ...Mon, 01 Jan 2007 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3538http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3538 Despite the equity market rally during the second half of 2006, 401(k) participants stayed quiet with very modest transfers throughout the year according to the results of the Hewitt 401(k) Index™. In fact, on average, only 0.034% of balances shifted per day on a net basis in 2006, which was the l ...Fri, 01 Dec 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3231http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3231 In November, the broad fixed income and equity markets rallied with all markets in positive territory. In particular, equity markets continued their climb with the DJIA at new record levels and the S&P 500 at highs not seen since 2000. Participants have begun to respond and net transfers favored e ...Wed, 01 Nov 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3177http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3177 The capital markets continued to broadly rise in October, some reaching record levels.  The DJIA passed the 12,000 mark, the highest in seven years. The result of the Hewitt 401(k) IndexTM indicates a relatively slower shift in participant sentiment. October saw the number of net transfers equally ...Sun, 01 Oct 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3114http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3114 The equity markets in the month of September continued to rise, especially among Large US equities. During the last several days of this month, the DJIA flirted with matching its record close back on January 14, 2000. In spite of this upswing, the Hewitt 401(k) Index results highlights participant ...Fri, 01 Sep 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3030http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=3030 Despite positive returns across all major equity indices for the month, the Hewitt 401(k) Index produced mixed results—the daily transfer activity slightly favored fixed-income funds, however net assets flowed towards equities, particularly International. In August, International and Lifestyle f ...Tue, 01 Aug 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2949http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2949 401(k) participants continued to transfer their balances from equity to fixed-income funds in July, according to the results of the Hewitt 401(k) Index. Stock market volatility has weighed on the minds of 401(k) investors. There have been 13 three-digit swings in the Dow over the past two months ...Sat, 01 Jul 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2887http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2887 401(k) participants focused much of their 401(k) transfer activity on moving from equity to fixed-income funds in June, according to the results of the Hewitt 401(k) Index. In fact, net transfer activity was fixed-income oriented on 86% of the days during the month—the largest percentage of days i ...Thu, 01 Jun 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2797http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2797 401(k) participants' enthusiasm for international and emerging market equity funds ground to a halt in the second half of May as performance of those markets crumbled, according to the results of the Hewitt 401(k) Index™. Since 2003, 401(k) participants who have made transfers in their accounts ...Mon, 01 May 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2585http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2585 Some 401(k) participants headed for shelter in April, while others continued to chase international and emerging market stock fund performance, according to the results of the Hewitt 401(k) Index. On the one hand, 401(k) participants continued their steady march into international and emerging m ...Sat, 01 Apr 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2507http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2507 401(k) participants heavily favored international equity and small U.S. equity funds when transferring money in March and throughout the first quarter of 2006, according to the results of the Hewitt 401(k) Index™. More than $750 million flowed into international and emerging market equity funds ...Wed, 01 Mar 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2466http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2466 401(k) investors continued to shift money into international and emerging market equity funds in February on a net basis -- albeit at a slower pace than in the previous month, according to the results of the Hewitt 401(k) Index™. February saw nearly $150 million flow into international and emerg ...Wed, 01 Feb 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2323http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2323 2006 started off strong for both U.S. and international stock markets -- and 401(k) participants responded by shifting their portfolios toward equity funds, according to the results of the Hewitt 401(k) Index™. Net transfer activity was equity oriented on 70% of the days in January. Still, it wa ...Sun, 01 Jan 2006 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2202http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2202 As the U.S. stock market limped to a close in 2005, 401(k) investors predominantly steered monies into fixed-income and away from equity fund investments. According to the results of the Hewitt 401(k) Index, transfers were primarily fixed-income oriented on 57% of days in December. Transfer activ ...Thu, 01 Dec 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2203http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2203 The November market rally re-ignited interest in stock funds among 401(k) participants, according to the results of the Hewitt 401(k) Index™. Net transfer activity was primarily equity oriented on 76% of days during the month. This is the largest percentage of equity oriented net transfer activity ...Tue, 01 Nov 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2115http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2115 401(k) participants sought a safe haven in GIC/stable value funds in October, according to the results of the Hewitt 401(k) Index . Weakness in both the stock and bond markets resulted in nearly three quarters of transferring 401(k) money moving into GIC/stable value on a net basis last month. For ...Sat, 01 Oct 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2141http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2141 Hurricane Rita was virtually a non-event as far as 401(k) transfer activity was concerned, according to the results of the Hewitt 401(k) Index™. Unlike Katrina -- which sparked high relative transfer activity on three days in late August and early September -- transfer activity on the days leading ...Thu, 01 Sep 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2149http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=2149 401(k) participants reacted to the Hurricane Katrina disaster by shifting money primarily from equity to fixed-income funds at a higher than average volume, according to the results of the Hewitt 401(k) Index™. On August 29, monies moved primarily from equity to fixed-income funds at a rate of nea ...Mon, 01 Aug 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1940http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1940 Positive news on the stock market front sent transferring 401(k) monies largely into stock-oriented funds in July, according to the results of the Hewitt 401(k) Index™. Monies moved primarily into equities on 65% of days during the month. With the Nasdaq climbing more than 6%, small U.S. equity ...Fri, 01 Jul 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1927http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1927 The first half of 2005 was characterized by a gradual move away from stock funds--according to the results of the Hewitt 401(k) Index™. The direction of net transfers was toward fixed income funds on 62% of the days during the first six months of 2005, with more than half a billion dollars flowi ...Wed, 01 Jun 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1938http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1938 401(k) investors generally ignored market strength in May, continuing to pull monies out of their plan's equity investments on a net basis--as they have for much of the year--according to the results of the Hewitt 401(k) Index™. Despite gains in the major domestic stock market indices, 401(k) pa ...Sun, 01 May 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1939http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1939 Stock market weakness resulted in 401(k) monies dribbling out of equity funds in April and into fixed income on a net basis, according to the results of the Hewitt 401(k) Index™. Large U.S. equity funds experienced the largest net outflows, with more than 42% of money that transferred coming out ...Fri, 01 Apr 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1925http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1925 401(k) participant transfer activity started off favoring international and emerging market funds in March--and ended up favoring GIC/stable value funds, according to the results of the Hewitt 401(k) Index™. In the first few weeks of March, 401(k) participants moved more than $140 million on a n ...Tue, 01 Mar 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1926http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1926 February ended with a bit more transfer activity than usual, according to the results of the Hewitt 401(k) Index™. In the final two days of the month, net transfer activity was more than twice the Index's trailing twelve month average.* Otherwise, transfer activity was more modest than usual duri ...Tue, 01 Feb 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1559http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1559 A weak stock market at the outset of 2005 saw 401(k) investors easing balances away from stock investments and into fixed income funds, according to the results of the Hewitt 401(k) Index™. A strong close to 2004--where the S&P 500 rose more than 9% in the year's final quarter--inspired 401(k) in ...Sat, 01 Jan 2005 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=896http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=896 401(k) investors greeted the end-of-year stock market surge with a bit of a yawn, according to the results of the Hewitt 401(k) Index™. On average, about 0.04% of 401(k) balances transferred during the month--compared to historical average daily net transfer activity of 0.065% of balances. In fac ...Wed, 01 Dec 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=894http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=894 The day following the Presidential election set a bullish tone for 401(k) transfer activity during November, according to the Hewitt 401(k) Index™. On November 3rd 0.13% of 401(k) balances transferred on a net basis. This was the largest net daily transfer of money into equity funds since January ...Mon, 01 Nov 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=891http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=891 In the month leading up to the Presidential election, 401(k) participants shifted money gradually out of stock and into fixed income investments. According to the results of the Hewitt 401(k) Index™, money flowed primarily from stock to fixed income funds on 62% of days during the month of October ...Fri, 01 Oct 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=890http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=890 401(k) participants didn't engage in much by way of transfer activity in September, according to the results of the Hewitt 401(k) Index™. Historically, after slowing in August, 401(k) transfer activity has tended to rise in September to slightly above average levels. Not so this year. Daily net t ...Wed, 01 Sep 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=888http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=888 A lackluster stock market sent more 401(k) money into fixed income investments in August, according to the results of the Hewitt 401(k) Index™. As the DJIA vacillated around the 10,000 mark, 401(k) monies shifted away from stock fund investments on most days during the month. This is a continuatio ...Sun, 01 Aug 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=887http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=887 A weak stock market sent some 401(k) participants looking for cover in July, according to the results of the Hewitt 401(k) Index™. 401(k) participant transfer activity was fairly light overall--as it has been for much of the year. On average, 0.04% of balances transferred per day, which compares ...Thu, 01 Jul 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=884http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=884 401(k) participants stayed put in June, according to the results of the Hewitt 401(k) Index™. Transfer activity in June was the lightest it's been in the history of the Index, with an average of less than 0.03 percent of balances transferring per day on a net basis during the month. Transfer activ ...Tue, 01 Jun 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=880http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=880 With the Dow Jones Industrial Average dipping below 10,000 for the first time since 2003, 401(k) participants who transferred money in May headed for cover, according to the results of the Hewitt 401(k) Index™. More than $500 million, or about 75% of total inflows for the month, were directed to G ...Sat, 01 May 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=878http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=878 Despite continued market weakness, 401(k) participants voted in favor of stocks in April according to transfer activity, based on the results of the Hewitt 401(k) Index™. Transferring money headed primarily toward stock investments on a majority of days during the month, even as the major stock ma ...Thu, 01 Apr 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=875http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=875 401(k) participants responded to the market's change in fortune in March by moving money definitively from equity to fixed-income investments, according to the results of the Hewitt 401(k) Index™. Fixed-income oriented transfers dominated on 70% of the days during the month--making March  2004 the ...Mon, 01 Mar 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=874http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=874 Following a bit of portfolio tweaking in January 2004, participants were less prone to make changes to their 401(k) investment allocations in February 2004, according to the results of the Hewitt 401(k) Index™. Daily net transfer activity averaged a very modest 0.047% of total 401(k) plan balances ...Sun, 01 Feb 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=104http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=104 401(k) participants started off 2004 with a bit of a bang, engaging in greater-than-average transfer activity, according to the results of the Hewitt 401(k) Index™. While still very modest, dollars transferred averaged  0.074% of daily balances during the course of the month, with five days clocki ...Thu, 01 Jan 2004 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1137http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1137  Year Average Daily Net Activity % Equity-Oriented Transfer Days 2003 0.069% 55% 2002 0.079% 37% 2001 0.068% 43%   401(k) participants spent much of 2003 easing back into stock investments, according to the results of the Hewitt 401(k) Index™. 401(k) balances shifte ...Mon, 01 Dec 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1126http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1126 Transfer activity was lighter than usual in November, according to the results of the Hewitt 401(k) Index™. However, money that did transfer tended to head into stock investments. During the month, daily net dollars transferred averaged 0.063% of participants' balances. That compares to historica ...Sat, 01 Nov 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1109http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1109 401(k) participants continued to show guarded enthusiasm for stock fund investments in October, according to the Hewitt 401(k) Index™. In the first quarter of 2003, nearly $1 billion moved out of equity and into fixed income funds as the market continued its multi-year decline. Transfers, howeve ...Wed, 01 Oct 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1087http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1087 401(k) participants put the brakes on their move into equity funds in September in response to a weakening stock market. According to the Hewitt 401(k) Index™, since the end of March 2003--as the stock market has rallied--more than a billion dollars in 401(k) assets has shifted out of fixed inco ...Mon, 01 Sep 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1066http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1066 401(k) investors continued to move money into stock investments in August 2003, according to the results of the Hewitt 401(k) Index™. After a year of transferring money primarily into GIC/stable value and bond funds, 401(k) investors reversed course starting in April of 2003, shifting back into ...Fri, 01 Aug 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1048http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1048 What a difference a year makes. In July of 2002, headlines such as Those golden years are turning to lead, Your 401(k) in 401 Chaos, and Employees See Value Of Retirement Savings Plummet, sent a number of 401(k) investors heading for cover. Transfer activity in the Hewitt 401(k) Index™ was above a ...Tue, 01 Jul 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1026http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=1026 As the market completed a strong second calendar quarter in 2003, 401(k) participants responded by shifting monies from fixed income to stock investments, according to the results of the Hewitt 401(k) Index™. Indeed, money moved primarily from fixed income to stock investments on 81% of the days i ...Sun, 01 Jun 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=911http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=911Contribution Allocation YTD Equity Fixed Income 2003 63.6% 36.4% 2002 68.4% 31.6% 2001 75.0% 25.0% 2000 76.7% 23.3% 1999 74.2% 25.8% 1998 72.8% 27.2% 1997 73.2% 26.8% As in April, 401(k) participants continued to demonstrate mild optimism in May ...Thu, 01 May 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=902http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=902 401(k) participants registered optimism in April 2003, according to the pattern of transfer activity in the Hewitt 401(k) Index™. In response to a strong market, transferring 401(k) money moved primarily toward stock investment funds on two-thirds of days during the month. That's the most equity-o ...Tue, 01 Apr 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=889http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=889 Since the start of the war with Iraq on March 19, net daily transfer activity of the Hewitt 401(k) Index™ has been normal, with participants moving about 0.08% of total balances per day through the end of last month. Still, 401(k) participants showed some reaction to changes in the market that ha ...Sat, 01 Mar 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=873http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=873 401(k) participants hunkered down in February, according to the results of the Hewitt 401(k) Index™ . Activity was normal or low throughout the month, with an average of 0.07% of balances shifting on a typical day. That's below the trailing 12-month average (0.08%), though not unusual in relation ...Sat, 01 Feb 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=863http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=863 Weak stock market performance translated into a bearish mood among 401(k) plan participants, according to the Hewitt 401(k) Index™. Transfer-minded 401(k) participants moved strongly into fixed income in January 2003, with roughly 94% of transferring money flowing into GIC/stable value, bond, an ...Wed, 01 Jan 2003 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=702http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=702 2002 ended on a quiet note for 401(k) plan participants, according to the Hewitt 401(k) Index™. Transfer activity was lower than normal in December, with 0.06% of participant balances trading on an average day during the month. There were no high relative transfer activity days during the month, ...Sun, 01 Dec 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=701http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=701 The November stock market rally was greeted with a somewhat lukewarm response from participants in the Hewitt 401(k) Index™ . Most diversified equity funds netted positive net transfers by the end of the month (large and mid U.S. equity investments experienced their first month of net transfer inf ...Fri, 01 Nov 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=700http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=700 Market strength translated into an increased allocation to stock investments for the Hewitt 401(k) Index™. At month end, stock investments rose to 58.4% of balances, from a record low of 57.2 percent of balances at the end of September. This is still off steeply from the beginning of the year, w ...Tue, 01 Oct 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=697http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=697 The allocation of 401(k) balances in stock investments reached a new record low in September 2002 according to the Hewitt 401(k) Index. At month end, stock investments accounted for only 57.2 percent of balances--representing a steep decline from a year ago, when stock investments topped 67 perc ...Sun, 01 Sep 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=694http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=694 While transfer activity eased a bit in August, 401(k) participants continued to shift money at an above average pace, according to the Hewitt 401(k) Index. On average, 0.08% of balances moved daily during the month, compared to typical August average daily transfer activity levels of closer to 0.0 ...Thu, 01 Aug 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=691http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=691 401(k) plan participants were spurred to activity in July. Market volatility and a rash of reported accounting inconsistencies by major U.S. corporations corresponded to higher-than-usual net transfer activity during the month, according to the Hewitt 401(k) Index. On average, 0.11% of participant ...Mon, 01 Jul 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=687http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=687 In June, 401(k) plan participants' allocation to equities slid to the lowest level in the history of the Hewitt 401(k) Index, dipping to 64.9 percent of total balances by month end. At one time, the percent that participants held in stock investments topped 74 percent (in late 2000). Transfer act ...Sat, 01 Jun 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=686http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=686Overall Net Transfer Activity Stock market weakness continued to take its toll on 401(k) participant sentiment in May, according to the Hewitt 401(k) Index, as transferring monies largely headed out of equity investments and into fixed income investments on most business days during the month. T ...Wed, 01 May 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=685http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=685  Year Average Absolute Net Daily Transfer Activity % Days with Net Outflows New Outflows as % of Company Stock Balance 2002 0.08% 48% -1.30% 2001 0.06% 49% -2.58% 2000 0.07% 54% -4.92% 1999 0.08% 52% -3.34% 1998 0.05% 58% -4.14% Overall Net Transfer ...Mon, 01 Apr 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=679http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=679 Equity investments came back into favor with the Hewitt 401(k) Index™ in March 2002, in a month of above-average daily net transfer activity for 401(k) plan participants. With average daily net transfers clocking in at 0.08% of balances, and five above-normal net transfer activity days, last mont ...Fri, 01 Mar 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=675http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=675 Transfer activity in the Hewitt 401(k) Index™ was tinged with conservatism in February 2002. Average net daily transfer activity generally fell within the normal range during the month--there were only a handful of above-normal net activity days.* However, on most days, money that was transferred ...Fri, 01 Feb 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=671http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=671 January 2002 was one of the least active on record as far as transfer activity in the Hewitt 401(k) Index™ goes. There were no above-normal days during the month, and average daily net activity stood at 0.05%--the lowest average daily net transfer activity of any January since 1998.* While partic ...Tue, 01 Jan 2002 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=796http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=796 2001 tested the fortitude of 401(k) plan participants--and the outcome was mixed, according to the results of the Hewitt 401(k) Index™. Despite considerable volatility in the stock markets, participants engaged in only modest transfer activity throughout the year. Even during the very turbulent ...Sat, 01 Dec 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=779http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=779 401(k) plan participants rewarded market strength in November by shifting money from fixed income to equity investments, according to the transfer activity results of the Hewitt 401(k) Index™. Although daily transfers levels were normal to moderate throughout the month, money that did flow betw ...Thu, 01 Nov 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=754http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=754 401(k) plan participants took little interest in their 401(k) portfolios in October 2001, according to the transfer activity results of the Hewitt 401(k) Index™. Average net transfer activity was normal or low each day of the month. In fact, overall, average daily net transfer activity as a per ...Mon, 01 Oct 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=736http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=736 In the face of tremendous political, economic, and market uncertainty, 401(k) plan participants remained remarkably steadfast, according to the September transfer activity results of the Hewitt 401(k) Index™. Net transfer activity exceeded normal levels by a factor of nine when the market reope ...Sat, 01 Sep 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=719http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=719 As they have for most of this year, 401(k) plan participants maintained a hands-off policy when it came to transfers in August 2001, according to the Hewitt 401(k) Index™. On average, daily net transfer activity was 0.05% of balances in August, which is below the historical average of 0.065%, an ...Wed, 01 Aug 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=704http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=704 Net 401(k) transfer activity was modest in July, averaging only 0.05% of balances per day during the month, according to the Hewitt 401(k) Index™. This compares to average daily net transfer activity of 0.09% in July of 2000.* Whereas in July of 2000 there were six above-normal days, last month ...Sun, 01 Jul 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=854http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=854 June proved to be the most tranquil month so far this year in terms of 401(k) transfer activity, according to the Hewitt 401(k) Index™. The chart above shows that daily net transfer activity averaged 0.05% of total balances during the month, with only two above-normal days.* Transfers that occurr ...Fri, 01 Jun 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=688http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=688Transfer Flow   2000 Through April 2001 Through April May 2001 Money Market -0.3% 7.7% 19.8% GIC/Stable Value -60.8% 57.2% 11.4% Value Bond -9.2% 24.8% -32.2% Balanced -16.4% -8.1% 4.2% Lifestyle/Pre-mix 0.4% 9.0% -24.3% Large U.S. Equity -13.4% ...Tue, 01 May 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=674http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=674Standard Deviation Year Dow Jones S&P 500 NASDAQ 2001 1.74% 1.94% 4.17% 2000 1.99% 2.09% N/A 1999 0.74% 1.15% N/A 1998 0.84% 0.69% N/A Transfer activity was generally in line with normal levels in April, according to the Hewitt 401(k) Index, with daily ne ...Sun, 01 Apr 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=664http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=664Standard Deviation Year Dow Jones S&P 500 NASDAQ 2001 1.80% 1.82% 3.26% 2000 1.81% 1.69% N/A 1999 1.19% 1.20% N/A 1998 0.72% 0.70% N/A Participants in 401(k) plans responded to recent market declines with increased investment transfer activity in March, a ...Thu, 01 Mar 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=655http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=655Standard Deviation Year Dow Jones S&P 500 NASDAQ 2001 1.01% 1.08% 2.46% 2000 1.37% 1.25% N/A 1999 1.08% 1.34% N/A 1998 0.76% 0.67% N/A 401(k) plan participants were moving money away from equities in February, according to activity within the Hewitt 401(k ...Thu, 01 Feb 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=646http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=646Standard Deviation Year Dow Jones S&P 500 NASDAQ 2001 1.09% 1.56% 4.32% 2000 1.46% 1.64% N/A 1999 1.37% 1.34% N/A 1998 1.14% 1.14% N/A 401(k) plan participants appeared to be following the market in January 2001, according to the results of the Hewitt 401 ...Mon, 01 Jan 2001 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=961http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=961Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.50% 1.67% 2.41% 1999 0.80% 0.69% 0.83% 1998 1.03% 1.22% 0.90% 1997 1.09% 1.21% 0.91%     Year 2000 Average Daily Net Activity Number of Above Normal Days 1st Quarter 0.10% 2 ...Fri, 01 Dec 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=957http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=957Days Year S&P 500 FI EQ 2000 1.22% 13 8 1999 0.82% 8 13 1998 0.96% 11 9 1997 1.11% 10 9 401(k) plan participants appeared to remain calm in November, despite weakness in the equity markets. Transfer activity in the Hewitt 401(k) Index was consistently norma ...Wed, 01 Nov 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=955http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=955Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.37% 1.63% 1.86% 1999 1.37% 1.53% 1.01% 1998 1.38% 2.36% 2.19% 1997 2.08% 2.15% 1.63% Transfer activity remained sedate in October 2000 according to Hewitt 401(k) Index results. Historically, 4 ...Sun, 01 Oct 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=952http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=952Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 0.90% 0.90% 1.30% 1999 1.00% 1.20% 1.00% 1998 2.20% 2.20% n/a 1997       401(k) plan transfer activity was remarkably calm in September, according to Hewitt 401(k) Index results. S&P 500 returns ...Fri, 01 Sep 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=945http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=945Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 0.66% 0.67% 0.70% 1999 0.94% 1.14% 0.74% 1998 1.94% 2.04% 1.99% 1997       401(k) plan participants took the month off, according to Hewitt 401(k) Index results. August was characterized by no a ...Tue, 01 Aug 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=944http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=944Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 0.81% 1.04% 1.43% 1999 0.74% 0.88% 0.77% 1998 0.98% 1.03% 0.82% Transfer activity calmed down a bit in July after a relatively bumpy June, according to Hewitt 401(k) Index results. Compared to a total ...Sat, 01 Jul 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=942http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=942Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.01% 1.05% 1.74% 1999 0.95% 1.04% 1.19% 1998 1.06% 0.97% 0.92% Transfer activity spiked in the month of June within the Hewitt 401(k) Index. Over half the days during the month were characterized by ...Thu, 01 Jun 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=938http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=938Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.33% 1.57% 2.15% 1999 1.11% 1.27% 0.91% 1998 0.77% 0.70% 1.72% Activity in the Hewitt 401(k) Index heated up at the end of May. Prior to that, 401(k) plan participants appeared to be shrugging off th ...Mon, 01 May 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=933http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=933Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.99% 2.09% 3.33% 1999 0.74% 1.15% 0.99% 1998 0.84% 0.89% 1.49% Participants in 401(k) plans did not react much to the recent roller coaster market ride, showing normal investment transfer activity in ...Sat, 01 Apr 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=932http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=932Standard Deviation Year Dow Jones S&P 500 Russell 2000 2000 1.81% 1.69% 2.06% 1999 1.19% 1.20% 0.92% 1998 0.72% 0.70% 0.89% Participants reacted fairly stoically to the small-cap market's wild gyrations in March. Although average daily net transfer activity wa ...Wed, 01 Mar 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=931http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=931Standard Deviation Year Dow Jones Russell 2000 2000 1.37% 1.13% 1999 1.08% 1.09% 1998 0.76% 0.42% Please note, that in general, 401(k) participants appear to be taking a long-term investment strategy for their 401(k) retirement assets by choosing an asset allocation ...Tue, 01 Feb 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=930http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=930Standard Deviation Year   Dow Jones S&P 500 Russell 2000 2000 1.46% 1.64% N/A 1999 1.37% 1.34% N/A 1998 1.13% 1.14% N/A January was a relatively hectic month for the Hewitt 401(k) Index™. The number of above average relative transfer activity days and the avera ...Sat, 01 Jan 2000 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=635http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=635 Hewitt 401(k) Index participants registered only a mild level of Y2K anxiety as measured by transfer activity levels in December 1999. The average net daily transfer activity for the month was 0.08 percent. That is higher than in prior Decembers, as shown in the chart below. In December of 1998, a ...Wed, 01 Dec 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=626http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=626 Participants in the Hewitt 401(k) Index did not engage in any days of high relative net transfer activity in November. However, average daily transfer activity within the Hewitt 401(k) Index was slightly higher than usual during the month. Since the Index's inception in August of 1997, the typic ...Mon, 01 Nov 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=617http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=617 Transfer activity was up a bit for the Hewitt 401(k) Index in October versus prior months. Although there were no high relative transfer activity days during the month, average daily net transfer activity was higher than the 12-month daily average. In fact, on average, daily transfer activity fo ...Fri, 01 Oct 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=608http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=608 The Hewitt 401(k) Index experienced only one high relative transfer activity day during the month of September. On September 21, daily relative transfer activity exceeded two times the trailing twelve-month average. High relative transfer activity corresponded with stock market weakness: the S&P ...Wed, 01 Sep 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=600http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=600 The Hewitt 401(k) Index experienced its first run of high relative transfer activity of the summer in mid August. On August 12 and 13, daily relative transfer activity exceeded two times the trailing twelve-month average. This marked the highest level of transfer activity experienced by the Inde ...Sun, 01 Aug 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=592http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=592 Transfer activity within the Hewitt 401(k) Index held at normal levels throughout most of July. The highest day of transfer activity during the month was July 27, which was also the day on which the S&P 500 posted its greatest gain of the month. July 20, the greatest loss day of the month, was a ...Thu, 01 Jul 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=583http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=583 June was characterized by normal to low levels of relative transfer activity for participants within the Hewitt 401(k) Index.* It was the only month in the year's first half where there were no above-average relative transfer activity days. The low level of activity mirrored low volume totals f ...Tue, 01 Jun 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=569http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=569 May was characterized by mostly normal levels of relative transfer activity by participants within the Hewitt 401(k) Index. Only one day during the month was characterized by high relative transfer activity. There were four moderate relative transfer activity days during the month.* Activity i ...Sat, 01 May 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=532http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=532 Participants represented in the Hewitt 401(k) Index were active around tax day. On both April 14 and April 15, net relative daily transfer activity was high. The five business days from April 13 to April 19, in fact, were all characterized by moderate to high relative transfer activity.* It is ...Thu, 01 Apr 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=514http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=514 Participants represented in the Hewitt 401(k) Index greeted the Dow 10,000 milestone with modest activity. On March 29 when the DJIA ended the day above 10,000 for the first time in history, the Index's relative transfer activity level was moderate. The days immediately leading up to the crossin ...Mon, 01 Mar 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=480http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=480 February saw an equal number of high and low transfer days in the Hewitt 401(k) Index. A high transfer day is when transfer activity among investment options within the Index is greater than 2 times the average daily activity of the preceding twelve months; a low transfer day is when transfer ac ...Mon, 01 Feb 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=447http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=447 In January, transfer activity continued to decelerate, reaching its lowest level since last summer. Total dollars transferred as a percent of assets in the index was one-third of one percent (0.33%). This is slightly under the trailing one-year average monthly dollars transferred, of 0.35%. Of ...Fri, 01 Jan 1999 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=482http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=482 As all major markets moved upward in December, most 401(k) investors sat tight. Of the assets that moved, Stable Value Funds received the majority of the inflow (91%), followed by Bond Funds (9%). Outflows occurred primarily from U. S. Large-Cap Equity (32%), and company stock (30%). Transfer act ...Tue, 01 Dec 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=479http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=479 In contrast to the month of October, 401(k) investors moved money out of the stable value funds and into large capitalization U.S. equity funds. International funds also experienced a loss in assets, while premixed options picked up some of the transfers. Transfer activity slowed in the month o ...Sun, 01 Nov 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=476http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=476 This month, money continued to move toward stable value and bonds; in addition, some went into small-caps. October showed a continued movement of money out of company stock and some away from international. Money also moved out of money market funds. Overall transfer activity was the second hig ...Thu, 01 Oct 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=475http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=475 Money movement this month was into stable value, bond, and money market funds. All other investment areas lost assets, particularly company stock and international funds. This month's transfer activity was average, compared to other months since the inception of the index. Relative to the ind ...Tue, 01 Sep 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=471http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=471 In sharp contrast to the previous month, participants mainly sold large US stock funds and bought into their company stock. Additionally, they continued to sell other equity asset classes and investing in stable value and money market funds. Monthly transfer activity reached record levels in Au ...Sat, 01 Aug 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=468http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=468 In July, participants sold almost all equity asset classes, mainly company stock, international equity, and small US stock funds, transferring monies it into large capitalization (including Index) funds. Interestingly, during this month participants also transferred assets out of balanced funds, ...Wed, 01 Jul 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=465http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=465 In June, we observed moderate optimism as participants sold money market and stable value holdings, and purchased bond, company stock, and U.S. equities. In this month, trading activity was approximately half of the average observed since the inception of the Hewitt Index. June was characteriz ...Mon, 01 Jun 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=463http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=463 In the month of May, some participants attempted to protect their assets from short-term volatility by selling-off the six most aggressive classes (see asset class definitions) and moving money mainly into money market funds. Studies have shown that most of the time market-timers lose money rela ...Fri, 01 May 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=459http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=459 During the month of April, there was a clear trend in transfers with money flowing out of company stock and moving into virtually all other asset classes. The trading activity during the month was approximately 10% higher than average. On April 27, after three days of losses in the equity mark ...Wed, 01 Apr 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=445http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=445 Trading activity during the month of March was high, at nearly 1.4 times the monthly average recorded by the Hewitt Index. During the month of March, participants moved assets from stable value investments to domestic and international equity investments, indicating a renewed sense of confidenc ...Sun, 01 Mar 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=437http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=437 In this month, some participants moved out of their company stock holdings and into large U.S. equity funds, possibly indicating a desire to diversify. Trading activity was approximately 1/3 higher than average during February. On February 2, as the S&P 500 Index rebounded, the Hewitt Index al ...Sun, 01 Feb 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=425http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=425 The trading activity for the month of January was the highest recorded to date, nearly double the average monthly activity. This could be due to end of the year account rebalancing. Participants moved money from the eight most aggressive asset classes and into the four most conservative ones. T ...Thu, 01 Jan 1998 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=448http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=448 Cash flow between asset classes was mixed, with assets flowing out of stable value, international equity, and company stock, and moving into large U.S. stock, money market, and small U.S. Stock funds. In the month of December, transfer activity was below average, possibly due to the holiday sea ...Mon, 01 Dec 1997 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=446http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=446 The trading activity for the month of November was approximately 40 percent lower than average. Participants moved money from the international and stable value asset classes and into large capitalization domestic stock and money market funds. This trend appears to reflect continued investor's ...Sat, 01 Nov 1997 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=444http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=444 Overall transfer activity for the month of October was only 80 percent of the average typically recorded by the Hewitt Index, despite the volatile market environment. However, there were four days with unusually high trading volume, as the markets became more turbulent towards the end of the mon ...Wed, 01 Oct 1997 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=438http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=438 Trading activity for the month of September was approximately 20% higher than usual. Optimism continued from August as assets were transferred out of stable value and into domestic equity and bonds. Also, the trend in international equity transfers was reversed this month, as 14 percent of the ...Mon, 01 Sep 1997 00:00:00 GMThttp://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=424http://www.hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationDetail.aspx?cid=424 During this month, some participants reacted to disconcerting news about the Asian economies, selling stable value and international asset class funds and buying domestic equity and money market investments. In the month of August, the S&P 500 Index retreated –5.6% after experiencing a gain of ...Fri, 01 Aug 1997 00:00:00 GMT