Firms Unveil Target-Date Fund Index

BrightScope, a 401(k) data and analytics firm, and Target Date Analytics LLC, a consulting and research firm, unveiled the BrightScope On Target Index to help measure the risk and performance of target-date funds.

According to a news release, the offering gives participants the ability to see how accurately a target-date fund lives up to its stated goals as outlined in the prospectus.

Unlike other target-date indexes, the BrightScope On Target Index considers participant behavior when determining the appropriate asset allocation for participants approaching retirement, according to the release.

More information is available at or