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, 2018.
RankManagerAssetsNo. series
1 Vanguard Group$469,58512
2 Fidelity Investments$211,094
3T. Rowe Price Group$205,2885
4 BlackRock (BLK)$203,2264
5J.P. Morgan Asset Mgmt.$114,1525
6Capital Group$86,7311
8 AllianceBernstein (AB) Invest.$37,6115
9 Nuveen$36,660
10American Century$19,8061
11John Hancock Funds$15,5243
12Northern Trust Asset Mgmt.$9,7602
13Voya Investment Mgmt.$9,7046
14 Russell Investments$9,3634
15Wells Fargo Asset Mgmt.$8,9613
16 Great-West Financial$7,6795
17Charles Schwab$7,5134
18 Prudential Financial$6,8174
19 Putnam Investments$4,7572
20MFS Investment$2,2101