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More Than Two-Thirds of DC Plans Offer Target Date Funds
Pensions & Investments 
Sept. 17, 2012 "Target Date funds were offered by 68.6% of defined contribution plans in 2011, up from 63.6% a year earlier and 33.4% in 2006, according to an annual Plan Sponsor Council of America survey.... The PSCA survey found that the largest plans -- those with at least 5,000 participants -- had the highest rate of offering target-date funds at 74.8%. The smallest plans -- those with fewer than 50 participants -- had the lowest offering rate at 58%." MORE >> |
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