The stock market had a pretty volatile third quarter this year. As a result, 401(k) balances were down at the end of the third quarter of 2023 compared to the second quarter, reports Fidelity.

As of the end of September, the average 401(k) plan saver had $107,700. That's a drop from $112,400 during the second quarter of the year, but it's a nice improvement from the third quarter of 2022, when the average 401(k) sat at $97,200.

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Source Fool.com