By Brittany R. Ballenstedt
Assets in the Thrift Savings Plan grew $6.4 billion in September, the largest increase this year,
officials with the retirement savings program said Monday.
At a monthly Federal Retirement Thrift Investment Board meeting, officials overseeing the 401(k)-style plan said last month's growth brought total assets to $231 billion. September's growth was comparable to that of the top 20 private sector 401(k) plans, said Gregory Long, the plan's executive director.
"Over $5 billion [of the growth] was made because of the increase in participants' investments," said Andrew Saul, chairman of the board. "That's huge."
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