people at computer looking at symbols and chart (Photo: Shutterstock)

Nearly all defined contribution plans offer a target date fund, a trend that is continuing to shrink the core menu, according to new research from research-driven investment advisory firm NEPC.

The data is part of NEPC’s 2022 DC Plan Trends & Fees Survey, which examines current plan investment trends, features and innovations across major sectors and how these plans have evolved over the years. The 17th annual survey included 207 DC plans across 119 clients with a total of 2.2 million participants and $283 billion in aggregate assets. Twelve recordkeepers also responded to the survey. The average plan represented survey participants who had $1.9 billion in assets and 13,452 participants.

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.