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Staying on track. Review your statement.

Read your 401(k) statements. It’s the key tool in keeping your investments on track.

  • Intro


If you’re like most people, you may glance at your 401(k) statement before tossing it aside. Maybe you don’t even look at those statements. That’s a mistake. Your statements provide a valuable snapshot of your 401(k) account and how it is performing. Reading your statements is the first step in making changes to your investments over time, so you have more money when you retire. Most plan providers allow you to view and manage your 401(k) account online.

The federal government requires your employer to provide you with a 401(k) account statement at least once a quarter.

The statement should include: your starting balance, ending balance, contributions from your salary and from the employer match, and any withdrawals taken.

It should also clearly state all the fees and costs you are paying. If you have an employer match, it may show your vesting.

Your statement should also list the mutual funds you are invested in, the number of shares of each, and the value of each, so that you can track each fund’s performance. New rules require employers to provide annual statements showing investment returns over one, five and ten years and to include a benchmark fund, so you can see how your investments are doing against the competition.

A new kind of retirement savings benefit.

Icon works like a 401k plan but without the cost, complexity, and administrative burden. We’ve unified workplace savings, personal retirement, and portfolio management into a single solution.

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  • Radically less expensive

    Employers pay a small one-time set up fee, and no ongoing plan administration fees.

  • We do all the work

    It takes minutes to set up, no plan design required, no federal filing requirements.

  • Investor focused

    Our portfolios are built with low-cost funds from leading asset managers. Icon acts as a fiduciary to our clients.

Getting started is easy.

We’ll help you every step of the way.