NEPC’s Emma O’Brien was quoted in a recent Pensions & Investments article which focuses on 401(k) lineup changes. View the article on Pensions & Investments’ site here.
More than 60 U.S. corporate 401(k) plans in 2022 made changes in their investment options lineups, down from over 100 plans the previous year.
Slightly less than 8% of 11-K filings showed plans that made at least one investment option change during the year, with the majority affecting individual equity options, a Pensions & Investments analysis of recently released 11-K filings showed.
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Emma O’Brien, Boston-based senior consultant at NEPC LLC, said that such a consolidation of core investment options has been driven by the trend of target-date fund lineups continuing to attract assets, meaning that fewer assets are being invested in core investment options menus.
“Sixty-three percent of all contributions are being invested in target-date funds, which is another indicator that target-date funds will continue to shrink that core menu,” Ms. O’Brien said in a phone interview.
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