Investment Mix Alignment

Campaign details


What are the goals of this campaign?

The goals are to raise awareness for employees who are invested conservatively or aggressively for their age compared to Fidelity’s equity glide path assessment and provide resources to help them find a more balanced investment mix.

How does the equity glide path assessment work?

An employee’s current investment mix is evaluated against Fidelity’s equity glide path to determine if they’re invested conservatively or aggressively for their age.
  • Conservatively invested: Equity percentage within their investment mix is 10% or more below what the equity glide path suggests for their age
  • Aggressively invested: Equity percentage within their investment mix is 10% or more above what the equity glide path suggests for their age

Employees enrolled in a managed account or who are 80% or more invested in a single target date fund will not be assessed and therefore will not receive the campaign.

What messages are available?

This is a single-touch email campaign consisting of 2 versions based on how an employee’s investment mix is assessed compared to the equity glide path:

  • Invested conservatively
  • Invested aggressively

Each version also includes a link to a short video that provides more detail around what it means to be invested conservatively or aggressively:

What’s included as part of the assessment?

The assessment considers only assets recordkept by Fidelity in eligible qualified defined contribution (DC) plans, including 401(k), 401(a), 403(b), 457(b) government, and tax-exempt pooled plan types. It does not include other accounts or assets, such as IRAs, pensions, company stock, or plans with a former employer.

Participants who have a balance in one qualified DC plan receive an assessment based on that plan only. Participants with a balance in more than one qualified DC plan with the same employer receive an assessment based on those multiple plans.

When will this communication be sent?

There are 3 primary calls to action based on plan design and participant preference.

1. Do it myself: Review and adjust using available investment options in the plan.

2. Do it for me: Open a managed account or invest in a target date fund.

3. Get more information: A video explains in more detail what it means to be invested conservatively or aggressively.

Live guidance will also be provided for participants in advice plans. Participants in education-only plans will not see any live guidance calls to action.

SAMPLE COMMUNICATIONS

Sample communications

Advice

Education

Investing involves risk, including risk of loss.

Diversification and asset allocation do not ensure a profit or guarantee against loss.

Your employees may receive this message if their stock holdings are more than plus or minus 10% off from what the age-based stock holding would suggest. Their current age and stock holdings are compared with Fidelity's equity glide path (i.e., a range of age-based equity allocations that may be generally appropriate for many investors saving for retirement and planning to retire around ages 65 to 67.) Fidelity's equity glide path is reflective of the equity glide path of a typical target date mutual fund and is designed to become more conservative (or to decrease) as investors approach retirement and beyond. The glide path allocations begin with 90% stock holdings within a retirement portfolio at age 25, continuing down to 19% stock holdings 10–19 years after retirement. Stocks are defined as domestic equity, international equity, company stock, and the stock portion of blended investment options. In assessing their investment mix, this report considers only the percentage of stock holdings within eligible defined contribution plans associated with their employer and does not consider other investment types. The report does not take into consideration stock or other investments they may hold in other workplace savings plan accounts or in other accounts they may hold at Fidelity or elsewhere. It also does not consider other factors, such as risk tolerance, that may affect their retirement mix decision. If they have gone through an online planning experience and received a recommended target asset mix, this assessment may not apply to them. If their planned retirement age is outside the range of 55 to 75, that is, +/- 10 years from age 65, this assessment also may not apply.

Fidelity® Personalized Planning & Advice at Work is a service of Strategic Advisers LLC, a registered investment adviser and a Fidelity Investments company, and may be referred to as "Fidelity," "we," or "our" within. For more information, refer to the Terms and Conditions of the Program. When used herein, Fidelity Personalized Planning & Advice refers exclusively to Fidelity Personalized Planning & Advice at Work. This service provides advisory services for a fee.

Target date funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

© 2026 FMR LLC. All rights reserved.

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