5  Sarah Holden and Jack VanDerhei (2004), “401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2003,” ICI Perspective (August). 6  Brigitte Madrian and Dennis Shea (2001), “The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior,” Quarterly Journal of Economics.
7  James Choi, David Laibson, and Brigitte Madrian (2004), “Plan Design and 401(k) Plan Savings Outcomes,” NBER Working Paper W10486. 8  Shlomo Benartzi and Richard Thaler (2004), “Save More Tomorrow: Using Behavioral Economics to Increase Employee Saving,” Journal of Political Economy. BIS Review 3/2005  5  instituted to promote financial security.