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 April, 30, 2022.

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 Blend0.1813.8213.6313.640.04
2Fidelity 500 IndexFXAIXLarge Blend0.2013.8313.65113.660.02
3American Funds EuroPacific GrowthAEPGXEAFE-19.384.165.306.160.82
4Vanguard Total Bond Market IndexVBTLXShort/Intermediate Government Bonds-8.650.361.171.680.05
5Vanguard 500 IndexVFIAXLarge Blend0.1713.8113.8113.620.04
6Fidelity ContrafundFCNTXLarge-Growth U.S. Equities-9.5912.4714.3313.730.81
7Vanguard PRIMECAPVPMCXLarge Blend-5.1011.8613.1815.050.38
8Dodge & Cox StockDODGXLarge-Value U.S. Equities0.7112.5411.4213.500.51
9Vanguard Mid Capitalization IndexVIMAXMid Cap U.S. Equities-4.5411.1110.8612.060.05
10Vanguard WellingtonVWELXModerate Allocation-3.218.338.509.130.24
11Vanguard Target Retirement 2030VTHRXModerate Allocation-6.786.617.168.030.08
12Vanguard Target Retirement 2025VTTVXConservative Allocation-6.695.976.657.430.08
13Vanguard Total International Stock IndexVTIAXEAFE-10.534.494.945.310.11
14Vanguard Small Cap IndexVSMAXSmall Cap U.S. Equities-11.208.679.2511.250.05
15Vanguard Target Retirement 2035VTTHXModerate Allocation-6.617.297.778.640.08
16Vanguard Total Stock Market IndexVTSAXLarge Blend-3.3613.0112.9613.240.04
17American Funds Growth Fund of AmericaAGTHXLarge-Growth U.S. Equities-13.2311.9012.9713.580.61
18PIMCO Total ReturnPTTAXShort/Intermediate Government Bonds-9.030.401.151.790.81
19Vanguard Target Retirement 2040VFORXModerate Allocation-6.527.968.389.140.08
20T. Rowe Price Blue Chip GrowthTRBCXLarge-Growth U.S. Equities-18.978.2513.2513.940.69
21MetWest Total Return BondMWTRXShort/Intermediate Government Bonds-9.310.631.322.340.67
22Vanguard Extended Market IndexVEXAXMid-Growth U.S. Equities-18.848.689.3311.170.06
23Vanguard Target Retirement 2020VTWNXConservative Allocation-5.975.355.916.770.08
24Fidelity Freedom 2030FFFEXModerate Allocation-7.737.167.447.980.67
25Vanguard Target Retirement 2045VTIVXAggressive Allocation-6.408.658.899.440.08
26Fidelity Growth CompanyFDGRXLarge-Growth U.S. Equities-14.2720.6320.2017.530.79
27T. Rowe Price Retirement 2030TRRCXModerate Allocation-7.547.637.978.810.58
28Fidelity Freedom 2025FFTWXConservative Allocation-7.646.416.617.240.63
29Vanguard Target Retirement 2050VFIFXAggressive Allocation-6.378.738.949.460.08
30Harbor Capital AppreciationHCAIXLarge-Growth U.S. Equities-17.9212.6115.5014.061.01
31American Funds American BalancedABALXModerate Allocation-1.727.998.179.120.56
32Fidelity Freedom 2040FFFFXModerate Allocation-8.099.198.989.150.75
33Fidelity Freedom 2035FFTHXModerate Allocation-8.008.408.458.840.72
34Fidelity US Bond IndexFXNAXShort/Intermediate Government Bonds-8.560.371.161.700.03
35Vanguard Windsor IIVWNFXLarge-Value U.S. Equities-0.8113.4311.6111.800.34
36Vanguard International GrowthVWIGXEAFE-28.728.7210.409.140.43
37Fidelity Freedom 2020FFFDXConservative Allocation-7.365.846.106.550.59
38Fidelity Extended Market IndexFSMAXMid-Growth U.S. Equities-18.838.659.3411.130.04
39American Funds 2030 Target Date RetirementAAETXModerate Allocation-5.507.297.698.870.66
40Dodge & Cox IncomeDODIXShort/Intermediate Government Bonds-7.681.552.202.790.41
41T. Rowe Price Retirement 2040TRRDXModerate Allocation-8.738.598.889.650.60
42Dodge & Cox International StockDODFXEAFE-4.134.693.545.930.62
43Vanguard Growth IndexVIGAXLarge-Growth U.S. Equities-8.3216.0816.1014.790.05
44MFS ValueMEIAXLarge-Value U.S. Equities0.539.279.0310.980.80
45T. Rowe Price Retirement 2025TRRHXConservative Allocation-6.767.117.408.200.55
46T. Rowe Price Large Cap Growth ITRLGXLarge-Growth U.S. Equities-17.2911.6215.5515.380.56
47Vanguard Developed Markets IndexVTMGXEAFE-8.795.125.236.200.07
48T. Rowe Price Growth StockPRGFXLarge-Growth U.S. Equities-21.118.6112.1613.280.64
49T. Rowe Price Retirement 2020TRRBXConservative Allocation-6.266.446.737.480.53
50T. Rowe Price Mid-Cap GrowthRPMGXMid-Growth U.S. Equities-13.488.0311.0412.640.73
51American Funds 2025 Target Date RetirementAADTXConservative Allocation-4.616.656.858.020.64
52Vanguard Equity-IncomeVEIPXLarge-Value U.S. Equities7.5211.3210.9411.910.28
53T. Rowe Price Retirement 2035TRRJXModerate Allocation-8.228.148.449.280.59
54American Funds Washington MutualAWSHXLarge Blend5.9811.9412.1712.410.58
55American Funds 2035 Target Date RetirementAAFTXModerate Allocation-6.378.398.869.620.67
56American Funds New PerspectiveANWPXWorld Equity-11.5811.7412.1511.560.72
57Fidelity Freedom 2045FFFGXAggressive Allocation-8.109.188.979.200.75
58American Funds 2040 Target Date RetirementAAGTXModerate Allocation-7.168.819.279.920.68
59Fidelity BalancedFBALXModerate Allocation-4.2411.4110.6110.110.51
60Vanguard Value IndexVVIAXLarge-Value U.S. Equities5.9011.0010.9412.270.05
61Fidelity Freedom 2050FFFHXAggressive Allocation-8.079.188.979.220.75
62Fidelity International IndexFSPSXEAFE-8.854.214.695.820.04
63Fidelity Blue Chip GrowthFBGRXLarge-Growth U.S. Equities-15.5717.6918.8516.860.79
64PGIM Total Return BondPDBAXShort/Intermediate Government Bonds-8.730.301.492.580.76
65Vanguard Target Retirement 2055VFFVXAggressive Allocation-6.378.728.939.440.08
66T. Rowe Price New HorizonsPRNHXMid-Growth U.S. Equities-27.3810.0514.8615.050.75
67Vanguard Institutional Total Stock Market IndexVITNXLarge Blend-3.3313.0412.9913.280.03
68Vanguard Balanced IndexVBIAXModerate Allocation-5.318.218.468.730.07
69T. Rowe Price Retirement 2045TRRKXAggressive Allocation-8.838.959.179.820.62
70American Funds 2020 Target Date RetirementAACTXConservative Allocation-3.465.876.006.990.64
71iShares S&P 500 IndexBSPAXLarge Blend-0.1413.4613.2813.260.35
72T. Rowe Price Retirement 2050TRRMXAggressive Allocation-8.888.969.189.820.63
73Janus Henderson EnterpriseJAENXMid-Growth U.S. Equities-8.269.9013.3413.630.91
74Fidelity Diversified InternationalFDIVXEAFE-12.006.756.036.871.01
75American Funds 2045 Target Date RetirementAAHTXAggressive Allocation-7.628.859.3710.020.68
76Vanguard Inflation-Protected SecuritiesVIPSXTIPS0.485.163.652.080.20
77Fidelity Low-Priced StockFLPSXMid-Value U.S. Equities-1.2012.3310.2410.970.65
78Vanguard ExplorerVEXPXSmall-Growth U.S. Equities-14.6410.3912.7912.440.40
79MainStay Winslow Large Cap GrowthMLINXLarge-Growth U.S. Equities-12.7912.3315.5313.531.08
80Invesco Developing MarketsODMAXEmerging Markets-31.11-3.431.592.171.20
81Fidelity Total Market IndexFSKAXLarge Blend-3.3512.9812.9313.210.02
82Vanguard Target Retirement 2015VTXVXConservative Allocation-5.604.214.835.750.08
83American Funds 2050 Target Date RetirementAALTXAggressive Allocation-8.348.749.3510.020.69
84Fidelity PuritanFPURXModerate Allocation-3.8710.8310.289.880.51
85Fidelity Mid Cap IndexFSMDXMid Cap U.S. Equities-6.1310.4810.6511.970.03
86JPMorgan Large Cap GrowthOLGAXLarge-Growth U.S. Equities-11.0518.0619.6115.250.94
87Vanguard Real Estate IndexVGSLXReal Estate7.789.898.708.920.12
88Vanguard Target Retirement IncomeVTINXConservative Allocation-5.663.864.224.440.08
89Schwab S&P 500 IndexSWPPXLarge Blend0.1913.8213.6313.600.02
90American Funds Fundamental InvestorsANCFXLarge Blend-4.3710.2010.6812.150.59
91Vanguard US GrowthVWUSXLarge-Growth U.S. Equities-23.8011.8014.9614.100.38
92JPMorgan Mid Cap ValueJAMCXMid-Value U.S. Equities0.489.048.1010.621.14
93JPMorgan SmartRetirement 2030JSMAXModerate Allocation-8.055.316.077.290.85
94Fidelity Small Cap IndexFSSNXSmall Cap U.S. Equities-16.896.787.3410.210.03
95JPMorgan SmartRetirement 2025JNSAXConservative Allocation-7.894.565.226.520.84
96Vanguard Wellesley IncomeVWINXModerate Allocation-2.835.425.696.310.23
97JPMorgan Equity IncomeOIEIXLarge-Value U.S. Equities4.2710.5010.8211.480.96
98Vanguard Short-Term Bond IndexVBIRXTotal Bond Market-5.090.661.091.130.07
99MassMutual Mid Cap GrowthMEFAXMid-Growth U.S. Equities-14.997.5910.4511.871.20
100Fidelity Freedom Index 2030FXIFXModerate Allocation-6.986.537.407.630.12

* 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

Most Popular

Education is Key: 3 Financial Lessons for Retirees Nearing Retirement
retirement planning

Education is Key: 3 Financial Lessons for Retirees Nearing Retirement

When it comes to retirement planning, educating yourself can keep you from making big mistakes. Here are three key lessons that everyone preparing for…
May 24, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
Why Are Gas Prices Still Going Up?
spending

Why Are Gas Prices Still Going Up?

The cost of a gallon of gas is heading back toward its March highs. What’s driving the resurgence, and will gas prices go down anytime soon?
May 23, 2022

Recommended

Is the Stock Market Closed on Memorial Day 2022?
Markets

Is the Stock Market Closed on Memorial Day 2022?

The stock market gets a full day off for Memorial Day. The bond market gets Monday off too, not to mention an early close ahead of the holiday weekend…
May 27, 2022
4 Keys to Planning Your Hard-Earned Retirement Income Distributions
retirement planning

4 Keys to Planning Your Hard-Earned Retirement Income Distributions

The fear of running out of money in retirement is understandable. When you have a well-thought-out retirement income plan, you can quit worrying.
May 27, 2022
3 Preferred Stock ETFs for High, Stable Dividends
ETFs

3 Preferred Stock ETFs for High, Stable Dividends

While you can easily purchase individual preferred stocks, exchange-traded funds (ETFs) allow you to reduce your risk by investing in baskets of prefe…
May 26, 2022
Short-Term Insurance Plans' Good, Bad and Ugly
retirement

Short-Term Insurance Plans' Good, Bad and Ugly

You'll need a squinty-eyed analysis to gauge the value of short-term care insurance plans and if they're right for you.
May 26, 2022