As of June 30, a surprisingly low 0.3 percent of defined contribution plan assets were directly invested in emerging market equity strategies. And only 6.6 percent went into non-U.S. equity strategies (not inclusive of target date fund allocations).
So reports Callan Associates in its DC Index, which tracks equal weighted performance and cash flows of defined contribution plans. The index encompasses more than 800,000 plan participants and $100-plus billion in assets.
Here’s a recap of asset allocation of DC plans by fund type: