Wednesday, October 30, 2013

An Evaluation of Target-Date Funds for 401(k) Plan

Presented at the Association for Financial Professionals (AFP) National Conference in Las Vegas, NV

Presented by:

Randy Murphy
Senior Manager, Equity Compensation, Inc.

Linda Ruiz-Zaiko

Target-date funds (TDFs) are the most popular QDIA and have become one of the largest plan investment options for DC plans. As a fiduciary, plan sponsors should have a selection and monitoring discipline for TDFs in place. Panelists discuss how the plan sponsor conducted a detailed evaluation of their plan’s current target-date fund suite and conducted a search to make a side-by-side analysis of those funds. TDFs were reviewed for asset allocation, performance and fees.