A new Fidelity 401k plan record has been set in the third quarter of 2019. With 200,000 accounts reaching one million, the count is up 7% from last year. While the national average account balance fell by 1%, almost one third of account holders increased their savings rate. The average savings rate is 13.4%, including employer contribution. The accounts in the millions saving an average of 20% or higher. However, the accounts with more equity are also more at risk if the stock market crashes.