More than 70 percent of 401(k) investment lineups included target-date funds at the end of 2014, according to data from the Employee Benefits Research Institute and the Investment Company Institute.
The EBRI/ICI study can be accessed here.
All told, TDFs hold 18 percent of assets tracked in the EBRI/ICI database, and 48 percent of all participants hold some assets in TDFs.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
