Tracking a decade of change in defined contribution investment menus, this resource documents the significant shift toward passive investment options between 2013 and 2023. It provides data-driven insight into how plan sponsor priorities and participant behavior have reshaped core lineups.

In this second installment of a series, we explore changes in the availability and utilization of passive investment strategies over the last decade, focusing on both the core menu and target date funds (TDFs).

March 2026: The RRC brought members together in Newport Beach, CA for a Summit filled with stand-ups highlights from the most recent research across the industry.

A broader companion to the passive-focused report, this piece surveys general trends in DC core menu construction over the past decade. It covers changes in asset class inclusion, menu simplification, and the evolving role of target-date funds.

In this first piece of a series, we provide information about shifts in asset weights, plan menu sizes, and fund availability. In future pieces we plan to explore other shifts, such as changes in the utilization of index funds, investment expenses, fund quality, etc.