The largest managers of proprietary target-date strategies used by DC plans

Ranked by total U.S. defined contribution assets, in millions, as of June 30, 2017.
RankManagerAssets
1Vanguard Group$379,140
2Fidelity Investments$188,559
3T. Rowe Price Group$173,466
4BlackRock$167,275
5J.P. Morgan Asset Mgmt.$101,018
6Capital Group$58,723
7Principal$54,417
8AllianceBernstein$36,365
9Nuveen$34,500
10American Century$19,024
11John Hancock Funds$15,900
12Wells Fargo Asset Mgmt.$10,918
13Northern Trust Asset Mgmt.$9,265
14Russell Investments$8,320
15Voya Investment Mgmt.$8,071
16Great-West Financial$7,506
17Charles Schwab$6,820
18Prudential Financial$5,501
19Putnam Investments$3,460
20MFS Investment$2,024

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