"According to the [DOL], it is prudent to consider custom target date funds as an alternative to 'pre-packaged' target date funds. According to the regulatory authority, custom target date solutions may be able to provide benefits by incorporating the plan's existing core funds and adding opportunities to further diversify the investment lineup. However, it is important for plan sponsors to consider the cost and administrative tasks involved in creating a custom, or non-proprietary, target date fund solution."  MORE >>