Breadcrumb Home SPECIAL REPORT November 02, 2022 12:17 PM The largest managers of proprietary mutual funds most used by DC plans 2022 Tweet Share Share Email More Ranked by total U.S. defined contribution assets, in millions, as of June 30, 2022. RankManagerAssets 1Vanguard Group$978,556 2Fidelity Investments$735,362 3Capital Group$458,840 4T. Rowe Price Group$233,019 5J.P. Morgan Asset Mgmt.$107,411 6BlackRock$106,119 7Nuveen$88,423 8Dodge & Cox$77,761 9MFS Investment$63,539 10PIMCO$57,161 11Invesco$53,600 12Federated Hermes$51,432 13John Hancock Funds$46,595 14Dimensional Fund Advisors$45,417 15Franklin Templeton$38,678 16American Century$29,321 17Prudential Financial$23,104 18Principal$22,283 19Voya Investment Mgmt.$19,363 20Allspring Global Investments$19,043 21AllianceBernstein Invest.$12,177 22State Street Global$11,493 23Putnam Investments$9,692 24Neuberger Berman$9,464 25Loomis, Sayles$8,871 26Charles Schwab$7,788 27Amundi U.S.$6,782 28Artisan Partners$5,585 29BNY Mellon$5,523 30Harris Associates$4,973 31Northern Trust Asset Mgmt.$2,866 32DWS$2,302 33Ariel Investments$1,507 34GAMCO Investors$1,290 35Russell Investments$409 36Manning & Napier$164 37Sit Investment$65 Recommended for You Mutual funds most used by DC plans, by asset class 2022 Graphic: DC mutual funds/target-date funds by the numbers AUM rises 10.2%, but high-growth era could be over Sponsored Content: Private Markets: A Thriving Space Sponsored White Papers A Guide to Home Equity Investments: The Untapped Real Estate Asset Class Modernize your K-12 retirement plan with vendor consolidation 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 Private Credit Insights: Every Problem Is an Opportunity in Disguise 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