{"id":509224,"date":"2026-06-24T19:22:19","date_gmt":"2026-06-24T19:22:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/509224\/"},"modified":"2026-06-24T19:22:19","modified_gmt":"2026-06-24T19:22:19","slug":"pontera-turns-to-washington-insiders-in-a-backdoor-plan-to-shake-loose-fidelitys-file-sharing-ban-after-401k-king-slapped-down-its-frontal-assault-that-accused-fidelity-of-an-anti-competitiv","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/509224\/","title":{"rendered":"Pontera turns to Washington insiders in a backdoor plan to shake loose Fidelity&#8217;s file-sharing ban, after &#8216;401(k) king&#8217; slapped down its &#8216;frontal assault,&#8217; that accused Fidelity of &#8216;an anti-competitive power grab&#8217;"},"content":{"rendered":"<p>Defining <a href=\"https:\/\/riabiz.com\/tags\/fidelity\/page\/1\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">Fidelity<\/a>&#8216;s 401(k) and DC dominance<\/p>\n<p>An estimated 70 million Americans hold a combined $10 trillion in 401(k) plans.An estimated 730,000 plans are in operation, Including small 401(k) plans.Fidelity is the largest 401(k) recordkeeper in the country, administering 47%, or 33 million of all plan participants.\u00a0It administers around $4.65 trillion, or 33% of the total $13.95 trillion of domestic DC assets, including other plan types, like 403(b)s.Over 24,300 of the largest 401(k) plans in the country use its services.<\/p>\n<p>* Source: <a href=\"https:\/\/www.ici.org\/resource-hubs\/401k\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">The Investment Company Institute<\/a>, <a href=\"www.pionline.com\/institutional-investors\/defined-contribution\/pi-record-keeper-cerulli-voya-empower-fidelity-vanguard-nepc\/\">Pensions &amp; Investments<\/a>, <a href=\"https:\/\/www.fidelityworkplace.com\/s\/401k\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">Fidelity<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Defining Fidelity&#8216;s 401(k) and DC dominance An estimated 70 million Americans hold a combined $10 trillion in 401(k)&hellip;\n","protected":false},"author":2,"featured_media":509225,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[233865,233864,114,268,85,46,266,267,233863],"class_list":["post-509224","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-alex-barned","tag-ari-sonneberg","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance","tag-pontera"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/509224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=509224"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/509224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/509225"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=509224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=509224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=509224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}