"'For the fifth year in a row since Morningstar's first annual target-date survey, the industry's average asset-weighted fee has come down. It stood at 0.84% at the end of 2013, down from 1.04% in 2008.... Morningstar's figures suggest that open-architecture funds on average provide a performance advantage before fees, but the higher costs needed to gain access to those strategies have generally negated those gains.... Combined with an additional $18 billion in new assets in 2014's first quarter plus market appreciation, target-date mutual funds now hold more than $650 billion in assets.'"  MORE >>