The Differences Between Fidelity, Vanguard, and Charles Schwab Target Retirement Funds

There are two different types of target retirement funds in general. There are the ones that are actively managed and there's actually a manager choosing to actively manage those. I think you're going to find the delta between the performance over the long term is probably not as big as you think it is. If your employer has a Fidelity 401k, it might make sense because everything shows up on the same mobile app.