red hearts on dark red background (Photo: Shutterstock)

Nearly all defined contribution (DC) plans use target funds as their default investment option, and about 44 percent of plan assets were invested in TDFs in 2021, up from 28 percent in 2011. This is according to the latest version of NEP’s annual Defined Contribution Plan Trends and Fee Survey.

NEPC, an independent, research-driven investment consulting firm, studies DC funds each year, including plan investment trends, features, and innovations across major sectors, and how these plans have evolved over the years. The 2021 survey studied 137 DC plans with $230 billion in aggregate assets and 1.6 million participants. About two-thirds of the plans studied were corporate plans, while one-fourth were health care plans and 8 percent were not-for-profit plans. The average plan had $1.7 billion in assets and 12,200 participants.

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

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

  • Critical BenefitsPRO.com 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 BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.