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, 2021.
RankManagerAssetsNumber of series
1Vanguard Group$832,96512
2BlackRock$356,2614
3Fidelity Investments$351,70011
4T. Rowe Price Group$330,0084
5Capital Group$198,8001
6State Street Global$135,8853
7J.P. Morgan Asset Mgmt.$115,6246
8Principal$87,9244
9Nuveen$56,4584
10American Century$24,8952
11John Hancock Funds$16,8813
12Voya Investment Mgmt.$14,5386
13Charles Schwab$14,1114
14Wells Fargo Asset Mgmt.$12,8553
15Russell Investments$11,7614
16Prudential Financial$10,6034
17Putnam Investments$8,3973
18Northern Trust Asset Mgmt.$7,0701
19Great-West Investments$6,5353
20PIMCO$4,0481
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