January 12, 2011
401ks and the Financial Crisis
James Pilcher of the Cincinnati Enquirer does not take data journalism lightly. Over the past year he compiled the 401k performance of every company with a qualifying plan in southwestern Ohio. His findings were not surprising: more and more corporations are cutting contributions. Take a look at a visualization of his data below:
James Pilcher of the Cincinnati Enquirer does not take data journalism lightly. Over the past year he compiled the 401k performance of every company with a qualifying plan in southwestern Ohio. His findings were not surprising: more and more corporations are cutting contributions. Take a look at a visualization of his data below:
Click on the "Select a Measure" bar on the top right to select a different metric to view, like Net Value or Percent Participation. You will notice if you select Change in Net Value that only 6 plans were positive in 2008- luckily things have turned up since then!