The overwhelming majority of investors continued to fund their 401(k)s in the first quarter, Fidelity reports, citing an analysis of the 11.3 million participants it serves through 17,500 defined contribution plans.

A full 97% of investors continued to make contributions averaging $1,700, only slightly down from the average $1,860 invested in the first quarter of 2008. Combined with employersÂ’ contributions, the average total amount invested in 401(k)s in the first quarter was actually much higher, $2,780, only slightly down from the combined total of $3,080 in the first quarter of 2008.

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