Question: Value This dashboard has three visualizations that show the average amount of assets within a retirement plan per person in that plan, the balance

Value This dashboard has three visualizations that show the average amount of

Value This dashboard has three visualizations that show the average amount of assets within a retirement plan per person in that plan, the balance of total assets of defined benefit and defined contribution plans, and the relative contributions to each plan by year. Use it to answer the following questions. Retirement Plan Assets per Participating Person 100K Definded Benefit Assets per Person Defined Contribution Assets per Person BOK Measure Names Defined Benefit Defined Contribution DB per Person 40K 60K 20K Total Defined Contribution Assets and Defined Benefit Assets by Year 2019 2014 2009 1981 1986 1991 1996 2001 2006 2011 2016 2021 Year Annual Contributions to Defined Benefit Plans and Defined Contribution Plans (in millions) 2004 500K 400K 300K 200K 100K 1999 1994 1989 1984 0% 20% 40% 60% 80% 100% 1. How much money was invested into defined contribution plans in 2010 (assume the last year shown is 2019)? (3 points) 2. The average assets per person are growing at a faster rate for defined benefit plans even though contributions have been relatively flat while defined contribution plans have had contributions rising steadily. Why might this be the case? Explain your answer. (7 points)

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