Target-date series in large plans
Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.
Filings through .
Target-date dollars
$2.78T
31% of fund dollars
Plans with a series
70%
48,926 of 69,862 plans with fund lines
In collective trusts
53%
of the dollars in each plan's main series
Top 3 series
60%
of target-date dollars
Share of target-date dollars by series
Plans: plans whose largest target-date series it is. Open a series for the plans that hold it.
| Series | Share | Plans |
|---|---|---|
| Vanguard Target RetirementIndex - 8% in trust | 41.8% | 13,782 |
| T. Rowe Price RetirementActive - 19% in trust | 10.8% | 4,955 |
| BlackRock LifePath IndexIndex - 9% in trust | 7.9% | 2,589 |
| American Funds Target DateActive - 2% in trust | 7.5% | 8,696 |
| Fidelity Freedom IndexIndex - 2% in trust | 5.7% | 4,030 |
| Fidelity FreedomActive - 4% in trust | 5.6% | 3,806 |
| SSgA Target RetirementIndex - 39% in trust | 5.5% | 684 |
| Fidelity Freedom BlendBlend - 26% in trust | 2.9% | 398 |
| Principal LifeTimeBlend - 61% in trust | 2.3% | 2,500 |
| T. Rowe Price Retirement BlendBlend - 56% in trust | 2.2% | 790 |
| JPMorgan SmartRetirementActive - 7% in trust | 1.3% | 683 |
| Nuveen Lifecycle IndexIndex - 4% in trust | 1.2% | 2,168 |
| JPMorgan SmartRetirement Passive BlendBlend - 91% in trust | 1.1% | 57 |
| BlackRock LifePathActive - 25% in trust | 1.1% | 216 |
| JPMorgan SmartRetirement BlendBlend - 1% in trust | 0.6% | 204 |
| Nuveen LifecycleActive - 2% in trust | 0.6% | 732 |
| Schwab Indexed RetirementIndex - 90% in trust | 0.4% | 192 |
| Voya Target SolutionActive - 25% in trust | 0.3% | 119 |
| John Hancock Lifetime BlendBlend - 25% in trust | 0.2% | 664 |
| T. Rowe Price TargetActive - 10% in trust | 0.2% | 119 |
| American Century One ChoiceActive - 55% in trust | 0.2% | 103 |
| Putnam Retirement AdvantageActive - 56% in trust | 0.1% | 209 |
| MoA Clear PassageActive - <1% in trust | 0.1% | 661 |
| Schwab Managed RetirementStyle not stated - 77% in trust | 0.1% | 47 |
| MFS LifetimeActive - 0% in trust | 0.1% | 164 |
| Transamerica Target RetirementStyle not stated - 2% in trust | <0.1% | 103 |
| Schwab Target IndexIndex - 3% in trust | <0.1% | 94 |
| Empower LifetimeStyle not stated - 13% in trust | <0.1% | 83 |
| PGIM Target DateStyle not stated - 38% in trust | <0.1% | 16 |
| Great Gray FlexPathIndex - 50% in trust | <0.1% | 20 |
| SEI Target DateStyle not stated - 33% in trust | <0.1% | 3 |
| Schwab TargetActive - 0% in trust | <0.1% | 13 |
| Mercer WiseStyle not stated - 100% in trust | <0.1% | 1 |
| Allspring Dynamic TargetStyle not stated - 0% in trust | <0.1% | 1 |
| Great Gray RetirementStyle not stated - 22% in trust | <0.1% | 9 |
| Voya Index SolutionIndex - 0% in trust | <0.1% | 13 |
| MassMutual RetireSMARTActive - 0% in trust | <0.1% | 2 |
| Franklin LifeSmartActive - - in trust | <0.1% | 0 |
Use by plan size
61% to 72% of plans in every size band hold a named series
| Name | Share | Detail |
|---|---|---|
| Under $5M (8,082) | 61% | 8,082 plans. Average 63% of fund dollars when held. |
| $5M-$50M (42,108) | 72% | 42,108 plans. Average 50% of fund dollars when held. |
| $50M-$250M (14,005) | 70% | 14,005 plans. Average 45% of fund dollars when held. |
| $250M-$1B (3,981) | 69% | 3,981 plans. Average 45% of fund dollars when held. |
| Over $1B (1,686) | 67% | 1,686 plans. Average 44% of fund dollars when held. |