RESEARCH |
2017
PLANADVISER DCIO Survey
Now in its sixth year of publication, the PLANADVISER Defined Contribution Investment Only (DCIO) Survey continues its trend of finding a steady increase in DC plan assets among the survey’s 41 participating providers.
Reported by PLANADVISER
Top 10 Providers
| DCIO MANAGERS BY ASSETS ($MM as of Q1 2017) | ||
|---|---|---|
| 1 | BlackRock | $756,724 |
| 2 | Nuveen | $458,966 |
| 3 | State Street Global Advisors | $321,492 |
| 4 | Capital Group/American Funds | $311,728 |
| 5 | T. Rowe Price | $267,672 |
| 6 | J.P. Morgan Asset Management | $183,655 |
| 7 | Wells Fargo Asset Management | $134,592 |
| 8 | PIMCO | $102,458 |
| 9 | Invesco | $101,061 |
| 10 | Dodge & Cox | $96,714 |
| TOP DCIO FUNDS BY ASSETS ($MM as of Q1 2017) | ||
|---|---|---|
| 1 | T. Rowe Price Retirement Date Funds | $170,398 |
| 2 | BlackRock LifePath Target Date Fund | $164,063 |
| 3 | State Street Global Advisors S&P 500 | $91,162 |
| 4 | American Funds EuroPacific Growth Fund | $73,262 |
| 5 | JPMorgan SmartRetirement | $62,004 |
| 6 | AB Target-Date Strategies | $36,468 |
| 7 | Dodge & Cox Stock Fund | $34,861 |
| 8 | PIMCO Total Return Fund | $33,604 |
| 9 | Wells Fargo Stable Return Fund | $29,169 |
| 10 | John Hancock Multimanaged Lifestyle | $28,606 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPER PLATFORMS | ||
|---|---|---|
| 1 | Fidelity Investments | 228 |
| 1 | T. Rowe Price | 228 |
| 3 | BlackRock | 175 |
| 4 | J.P. Morgan Asset Management | 129 |
| 5 | Nuveen | 115 |
| 6 | PIMCO | 114 |
| 7 | Charles Schwab Investment Management, Inc. | 113 |
| 8 | Franklin Templeton Investments | 112 |
| 9 | Wells Fargo Asset Management | 106 |
| 10 | Invesco | 93 |
| NUMBER OF TARGET-DATE AND TARGET-RISK FUND SERIES | ||
|---|---|---|
| 1 | Manning & Napier Advisors, LLC (Manning & Napier) | 13 |
| 2 | Capital Group/American Funds | 12 |
| 3 | Allianz Global Investors | 10 |
| 3 | Voya | 10 |
| 5 | Franklin Templeton Investments | 9 |
| 6 | Great-West Financial | 8 |
| 7 | Nuveen | 7 |
| 8 | AB | 5 |
| 8 | BlackRock | 5 |
| 8 | Charles Schwab Investment Management, Inc. | 5 |
| LARGEST INCREASE IN DCIO ASSETS (2015 vs. 2016) | ||
|---|---|---|
| 1 | J.P. Morgan Asset Management | 18.9% |
| 2 | Loomis, Sayles & Co., L.P. | 16.8% |
| 3 | State Street Global Advisors | 15.5% |
| 4 | BlackRock | 15.1% |
| 5 | Dodge & Cox | 11.9% |
| 6 | American Century Investments | 11.8% |
| 7 | Allianz Global Investors | 11.5% |
| 8 | Great-West Financial | 11.1% |
| 9 | Voya | 10.4% |
| 10 | MFS Investment Management | 9.7% |
| LARGEST INCREASE IN DCIO ASSETS (12/31/2016 vs. Q1 2017) | ||
|---|---|---|
| 1 | Janus | 15.0% |
| 2 | First Eagle Investment Management | 11.5% |
| 3 | State Street Global Advisors | 8.4% |
| 4 | Capital Group/American Funds | 8.0% |
| 5 | Legg Mason | 7.7% |
| 6 | T. Rowe Price | 7.2% |
| 7 | MFS Investment Management | 6.6% |
| 8 | Charles Schwab Investment Management, Inc. | 6.4% |
| 9 | AB | 6.1% |
| 10 | Morgan Stanley Investment Management | 6.0% |