Among plan participants, 41% held target date funds at the end of 2012, up from 39% in 2011 and 5% in 2006.
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A study by the Investment Company Institute and the Employee Benefit Research Institute has concluded that target date funds are growing increasingly popular in 401(k) plans. So reports Financial Advisor.
Among plan participants, 41% held target date funds at the end of 2012, up from 39% in 2011 and 5% in 2006.