401(k) participants move to equity in Dec.

A total of $50 million in 401(k) assets moved into diversified equities from fixed-income investments during December, according to the Hewitt 401(k) Index. Transfer activity was deemed above normal only one day during the month.
For all of 2007, international equity was the top gaining asset class, taking in $1.2 billion during the year.
As a result, the average allocation to international equity rose to 9.8% as of Dec. 31, a 2% increase from 2006. Since 2002, $4.2 billion had gone to international equity. The Hewitt Index tracks $90 billion in assets.