401(k)s

The 100 Most Popular Mutual Funds for 401(k) Retirement Savings

These mutual funds have the most assets under management in 401(k) workplace retirement plans.

There's no denying the importance and popularity of 401(k)s for retirement savers. Americans have $7.3 trillion invested in these tax-deferred workplace savings accounts, according to the Investment Company Institute, and there are roughly 60 million active 401(k) participants.

BrightScope, a financial-information company that rates retirement-savings plans, compiled for Kiplinger this list of the 100 most popular mutual funds in 401(k) plans based on funds' 401(k) assets under management.

Here is the list of the top 100 mutual funds for your 401(k) retirement savings. All figures are as of Oct. 7, 2021.

RankFund NameSymbolFund TypeAnnualized
Total
Return
1-yr
Annualized
Total
Return
3-yr
Annualized
Total
Return
5-yr
Annualized
Total
Return
10-yr
Expense ratio
1Vanguard Institutional IndexVINIXLarge Blend31.7416.8517.2416.410.04
2Fidelity 500 IndexFXAIXLarge Blend31.7516.8617.2616.430.02
3American Funds EuroPacific GrowthAEPGXEAFE21.5813.8111.579.920.82
4Vanguard Total Bond Market IndexVBTLXShort/Intermediate Government Bonds-0.765.713.043.020.05
5Vanguard 500 IndexVFIAXLarge Blend31.7316.8417.2316.400.04
6Fidelity ContrafundFCNTXLarge-Growth U.S. Equities25.9319.6420.8417.770.86
7Vanguard PRIMECAPVPMCXLarge Blend30.7014.3517.3717.480.38
8Dodge & Cox StockDODGXLarge-Value U.S. Equities52.3913.7615.5715.950.52
9Vanguard Mid Capitalization IndexVIMAXMid Cap U.S. Equities35.2916.0615.0615.300.05
10Vanguard WellingtonVWELXModerate Allocation21.1612.4411.7211.400.24
11Vanguard Target Retirement 2030VTHRXModerate Allocation18.0911.1410.5810.560.14
12Vanguard Target Retirement 2025VTTVXConservative Allocation15.7910.489.759.820.13
13Vanguard Total International Stock IndexVTIAXEAFE22.239.058.887.590.11
14Vanguard Small Cap IndexVSMAXSmall Cap U.S. Equities39.6313.5114.3014.920.05
15Vanguard Target Retirement 2035VTTHXModerate Allocation20.3911.7411.3811.300.14
16Vanguard Total Stock Market IndexVTSAXLarge Blend32.9117.0217.2316.370.04
17American Funds Growth Fund of AmericaAGTHXLarge-Growth U.S. Equities30.8620.1419.9117.880.64
18PIMCO Total ReturnPTTAXShort/Intermediate Government Bonds0.035.843.433.600.81
19Vanguard Target Retirement 2040VFORXModerate Allocation22.7112.3312.1811.840.14
20T. Rowe Price Blue Chip GrowthTRBCXLarge-Growth U.S. Equities23.2620.6922.4919.760.68
21MetWest Total Return BondMWTRXShort/Intermediate Government Bonds-0.076.253.353.990.67
22Vanguard Extended Market IndexVEXAXMid-Growth U.S. Equities38.2417.1316.6915.960.06
23Vanguard Target Retirement 2020VTWNXConservative Allocation13.289.588.728.950.13
24Fidelity Freedom 2030FFFEXModerate Allocation20.5811.8111.3910.520.67
25Vanguard Target Retirement 2045VTIVXAggressive Allocation25.0812.9912.7512.140.15
26Fidelity Growth CompanyFDGRXLarge-Growth U.S. Equities31.8030.0929.1122.720.83
27T. Rowe Price Retirement 2030TRRCXModerate Allocation22.5712.8411.9111.750.58
28Fidelity Freedom 2025FFTWXConservative Allocation18.1511.0710.189.700.63
29Vanguard Target Retirement 2050VFIFXAggressive Allocation25.3113.0612.8012.160.15
30Harbor Capital AppreciationHCAIXLarge-Growth U.S. Equities24.1124.8724.2419.441.03
31American Funds American BalancedABALXModerate Allocation17.9410.9110.6711.160.58
32Fidelity Freedom 2040FFFFXModerate Allocation28.4613.8113.3411.910.75
33Fidelity Freedom 2035FFTHXModerate Allocation25.2213.0012.7511.570.72
34Fidelity US Bond IndexFXNAXShort/Intermediate Government Bonds-0.795.693.003.020.03
35Vanguard Windsor IIVWNFXLarge-Value U.S. Equities41.3815.3914.9514.520.34
36Vanguard International GrowthVWIGXEAFE20.3022.6419.2114.090.44
37Fidelity Freedom 2020FFFDXConservative Allocation16.1610.379.438.790.59
38Fidelity Extended Market IndexFSMAXMid-Growth U.S. Equities38.1417.0916.6915.910.04
39American Funds 2030 Target Date RetirementAAETXModerate Allocation18.1011.4610.9411.390.69
40Dodge & Cox IncomeDODIXShort/Intermediate Government Bonds1.636.394.224.320.42
41T. Rowe Price Retirement 2040TRRDXModerate Allocation27.1614.3713.4512.850.60
42Dodge & Cox International StockDODFXEAFE33.276.737.147.520.63
43Vanguard Growth IndexVIGAXLarge-Growth U.S. Equities29.8124.1122.4819.000.05
44MFS ValueMEIAXLarge-Value U.S. Equities31.2811.6511.7313.490.83
45T. Rowe Price Retirement 2025TRRHXConservative Allocation19.9111.9410.9410.910.55
46T. Rowe Price Large Cap Growth ITRLGXLarge-Growth U.S. Equities32.3123.2025.0620.880.56
47Vanguard Developed Markets IndexVTMGXEAFE24.448.789.138.260.07
48T. Rowe Price Growth StockPRGFXLarge-Growth U.S. Equities29.0622.0022.2119.360.64
49T. Rowe Price Retirement 2020TRRBXConservative Allocation17.5711.019.9210.000.53
50T. Rowe Price Mid-Cap GrowthRPMGXMid-Growth U.S. Equities26.8117.1217.4016.770.73
51American Funds 2025 Target Date RetirementAADTXConservative Allocation15.3710.449.5510.330.67
52Vanguard Equity-IncomeVEIPXLarge-Value U.S. Equities31.9911.1112.2513.610.28
53T. Rowe Price Retirement 2035TRRJXModerate Allocation25.0213.6612.7312.370.59
54American Funds Washington MutualAWSHXLarge Blend29.7512.7514.2514.200.58
55American Funds 2035 Target Date RetirementAAFTXModerate Allocation22.0113.1112.6012.310.70
56American Funds New PerspectiveANWPXWorld Equity29.2219.7118.0515.150.76
57Fidelity Freedom 2045FFFGXAggressive Allocation28.4113.8113.3412.010.75
58American Funds 2040 Target Date RetirementAAGTXModerate Allocation24.0913.8913.3112.750.71
59Fidelity BalancedFBALXModerate Allocation24.1715.5313.9912.400.52
60Vanguard Value IndexVVIAXLarge-Value U.S. Equities33.9010.4312.5713.980.05
61Fidelity Freedom 2050FFFHXAggressive Allocation28.4513.8113.3412.080.75
62Fidelity International IndexFSPSXEAFE23.158.268.787.990.04
63Fidelity Blue Chip GrowthFBGRXLarge-Growth U.S. Equities34.1429.4327.5621.960.79
64PGIM Total Return BondPDBAXShort/Intermediate Government Bonds0.526.193.764.260.76
65Vanguard Target Retirement 2055VFFVXAggressive Allocation25.2813.0512.7912.140.15
66T. Rowe Price New HorizonsPRNHXMid-Growth U.S. Equities29.6428.8527.5422.560.75
67Vanguard Institutional Total Stock Market IndexVITNXLarge Blend32.9917.0617.2516.410.03
68Vanguard Balanced IndexVBIAXModerate Allocation18.5012.8711.6811.110.07
69T. Rowe Price Retirement 2045TRRKXAggressive Allocation28.5514.8113.8213.040.62
70American Funds 2020 Target Date RetirementAACTXConservative Allocation13.399.168.188.870.65
71iShares S&P 500 IndexBSPAXLarge Blend31.2616.4916.87 0.35
72T. Rowe Price Retirement 2050TRRMXAggressive Allocation28.6014.8113.8313.040.63
73Janus Henderson EnterpriseJAENXMid-Growth U.S. Equities30.6817.1317.7816.980.91
74Fidelity Diversified InternationalFDIVXEAFE19.8613.6111.2710.161.05
75American Funds 2045 Target Date RetirementAAHTXAggressive Allocation24.7914.1313.5912.910.72
76Vanguard Inflation-Protected SecuritiesVIPSXTIPS5.747.744.292.900.20
77Fidelity Low-Priced StockFLPSXMid-Value U.S. Equities36.2012.3212.4813.160.65
78Vanguard ExplorerVEXPXSmall-Growth U.S. Equities37.9217.5618.9816.690.41
79MainStay Winslow Large Cap GrowthMLINXLarge-Growth U.S. Equities28.3622.5222.9318.241.10
80Invesco Developing MarketsODMAXEmerging Markets12.4210.459.136.781.22
81Fidelity Total Market IndexFSKAXLarge Blend32.9016.9417.1816.330.02
82Vanguard Target Retirement 2015VTXVXConservative Allocation9.558.227.267.740.12
83American Funds 2050 Target Date RetirementAALTXAggressive Allocation25.1614.2913.7613.000.72
84Fidelity PuritanFPURXModerate Allocation20.8213.8613.3812.220.52
85Fidelity Mid Cap IndexFSMDXMid Cap U.S. Equities36.3115.5114.8415.240.03
86JPMorgan Large Cap GrowthOLGAXLarge-Growth U.S. Equities22.7125.7726.5619.540.94
87Vanguard Real Estate IndexVGSLXReal Estate31.0113.809.0511.610.12
88Vanguard Target Retirement IncomeVTINXConservative Allocation8.487.956.336.010.12
89Schwab S&P 500 IndexSWPPXLarge Blend31.7516.8517.2316.360.02
90American Funds Fundamental InvestorsANCFXLarge Blend29.1113.9514.8515.030.61
91Vanguard US GrowthVWUSXLarge-Growth U.S. Equities25.5226.5924.4420.260.38
92JPMorgan Mid Cap ValueJAMCXMid-Value U.S. Equities41.579.939.8712.921.24
93JPMorgan SmartRetirement 2030JSMAXModerate Allocation17.039.819.5210.110.86
94Fidelity Small Cap IndexFSSNXSmall Cap U.S. Equities41.6612.2113.7614.310.03
95JPMorgan SmartRetirement 2025JNSAXConservative Allocation13.998.948.389.170.85
96Vanguard Wellesley IncomeVWINXModerate Allocation11.739.367.538.030.22
97JPMorgan Equity IncomeOIEIXLarge-Value U.S. Equities31.1711.2412.6813.450.98
98Vanguard Short-Term Bond IndexVBIRXTotal Bond Market0.063.642.181.820.07
99MassMutual Select Mid Cap GrowthMEFZXMid-Growth U.S. Equities35.739.7210.2812.170.71
100Fidelity Freedom Index 2030FXIFXModerate Allocation17.3211.2311.059.890.12

* The dollar amounts represent funds' total assets under management held both within 401(k) plans and outside of 401(k)s, according to Morningstar. BrightScope ranked the funds by assets under management held in 401(k)s only, but it did not disclose the precise amounts for proprietary reasons.

Sources: BrightScope, Morningstar

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