For the eighth year, data and analytics provider Brightscope hasreleased its year-end ranking of the “Top30 401(k) Plans List,” which recognizes companies with the best401(k)plans containing more than $1 billion in assets.
Average plan ratings have been on the rise, Brightscope says,demonstrating “that America's employees and employers recognize howcritical a high-quality 401(k) plan is to maintaining an acceptablestandard of living in retirement.”
The list found, among other things, that target-date fundsrepresent more than 10% of assets in the top 30 plans. In addition,index funds have increased 6% from last year and now make up nearly41% of plan assets for the top 30.
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