Custom Target Date Funds


Background:

  • BPG created and maintained custom target date portfolios for the Client since 2007. The unitized separate accounts were record-kept by the 401(k) record-keeper and the 5 different “sleeves” showed good risk-adjusted performance based on Blue Prairie Group’s due diligence.  However, with advances in the technology there was an opportunity to move the custom target date funds to the Alliance Bernstein platform to allow for greater investment flexibility, lower institutional pricing, and an opportunity to reduce the overall fiduciary risk profile of the company.

Result:

  • BPG helped to create a more efficient investment portfolio using the core funds from the Plan’s lineup through Alliance Bernstein’s custom target date platform, saving the client $211,275 in total fees.