Breadcrumb Home SPECIAL REPORT November 02, 2022 12:17 PM The largest managers of proprietary mutual funds most used by DC plans 2022 Tweet Share Share Email More Reprints Print Ranked by total U.S. defined contribution assets, in millions, as of June 30, 2022. RankManagerAssets 1Vanguard Group$978,556 2Fidelity Investments$735,362 3Capital Group$458,840 4T. Rowe Price Group$233,019 5J.P. Morgan Asset Mgmt.$107,411 6BlackRock$106,119 7Nuveen$88,423 8Dodge & Cox$77,761 9MFS Investment$63,539 10PIMCO$57,161 11Invesco$53,600 12Federated Hermes$51,432 13John Hancock Funds$46,595 14Dimensional Fund Advisors$45,417 15Franklin Templeton$38,678 16American Century$29,321 17Prudential Financial$23,104 18Principal$22,283 19Voya Investment Mgmt.$19,363 20Allspring Global Investments$19,043 21AllianceBernstein Invest.$12,177 22State Street Global$11,493 23Putnam Investments$9,692 24Neuberger Berman$9,464 25Loomis, Sayles$8,871 26Charles Schwab$7,788 27Amundi U.S.$6,782 28Artisan Partners$5,585 29BNY Mellon$5,523 30Harris Associates$4,973 31Northern Trust Asset Mgmt.$2,866 32DWS$2,302 33Ariel Investments$1,507 34GAMCO Investors$1,290 35Russell Investments$409 36Manning & Napier$164 37Sit Investment$65 Recommended for You Mutual funds most used by DC plans, by asset class 2022 Graphic: DC mutual funds/target-date funds by the numbers DC assets slide in year ended June 30 Sponsored Content: The Plan Sponsor’s Guide to Retirement Income Reader Poll April 26, 2023 What do you think will happen to First Republic? SEE MORE POLLS > Sponsored White Papers 2023 Global Climate Survey - Are investors moving from aspiration to implementa… The Value of Value is Still Compelling Valuing Banks: Hidden Losses Versus Assets Research for Institutional Money Management Targeting Impact with Indexes Global Fixed Income: Volatility and Uncertainty Here to Stay View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More