Breadcrumb Home DC Mutual Funds October 25, 2023 04:46 PM The largest managers of proprietary target-date strategies used by DC plans Tweet Share Share Email More Ranked by total U.S. defined contribution assets, in millions, as of June 30, 2023. RankManagerAssetsNumber of series 1Vanguard Group$833,90312 2BlackRock$389,9844 3Fidelity Investments$372,78011 4T. Rowe Price Group$336,1744 5Capital Group$228,2522 6State Street Global$170,5973 7Principal$85,7894 8AllianceBernstein Invest.$73,6673 9Nuveen$58,1384 10American Century$20,4284 11Voya Investment Mgmt.$15,3027 12Charles Schwab$13,2564 13John Hancock Funds$12,898N/A 14PIMCO$6,5531 15Prudential Financial$5,5554 16Putnam Investments$5,3503 17MFS Investment$3,3081 18Northern Trust Asset Mgmt.$1,840N/A 19Dimensional Fund Advisors$1,3331 20Manning & Napier$5941 Recommended for You ETFs most used by DC plans The largest managers of proprietary mutual funds most used by DC plans DC mutual fund/target-date manager stats at a glance Sponsored Content: Open Window of Opportunity in Real Estate Sponsored White Papers What a Fed pivot and ‘higher for longer’ mean for emerging markets A Guide to Home Equity Investments: The Untapped Real Estate Asset Class How to Modernize a School District Retirement Plan Q4 2023 Credit Outlook: Price Is What You Pay, Value Is What You Get There's More Than One Way to Be a Climate Investor Exploring the Commercial Application of Artificial Intelligence View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More