Research firm BrightScope announced Tuesday the top 15 mid-cap funds in the defined contribution industry.
BrightScope, based in San Diego, studied its databases of more than 50,000 plans, representing nearly 90% of all assets in the 401(k) and DC universe, to come up with a list of the top mid-cap funds by total distribution.
"Mid-cap funds often receive little attention from plan sponsors when reviewing their retirement plan's investment menu with consultants and advisors," Mike Alfred, co-founder and CEO of BrightScope, said in a statement. "Despite a general perception that mid-cap funds may have peaked in terms of distribution in retirement plans, opportunistic investment managers are still pursuing new mandates in this asset class as vigorously as ever."
The top 15 mid-cap funds by total distribution are:
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