The Department of Labor just came out with more guidance on Target Date Funds late last week. Plan sponsors should follow best practices by understanding the glide path, composition of the underlying assets, fees and risk of target date funds.

“It’s no longer OK for a plan sponsor to take a TDF just because it’s the only one offered by that plan’s vendors,” says Mark Davis of CAPTRUST in L.A. As an advisor to plan sponsors, he’s in a position to help them compare their options. But they also need to read and understand TDF prospectuses, look on Morningstar’s rankings and visit the websites of the TDF itself.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.