Fidelity Investments reported strong sales growth last year of defined contribution plans to small and midsized employers, the Boston-based retirement services provider reported Thursday.
The company sold more than 1,400 plans with $50 million in retirement assets or less, a 57% jump over the number sold in 2010. Its 2011 sales commitments represented $6.6 billion in assets, up 40% from a year earlier, according to Fidelity.
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