RESEARCH | June 1, 2016

2016
PLANADVISER Defined Contribution Investment Only (DCIO) Survey

Reported by PLANADVISER

Top 10 Providers

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Top 10 Providers

DCIO MANAGERS BY ASSETS ($MM as of Q1 2016)
1	BlackRock	$630,161
2	TIAA Global Asset Management – Nuveen	$450,950
3	Capital Group/American Funds	$274,345
4	State Street Global Advisors	$263,170
5	T. Rowe Price	$233,612
6	J.P. Morgan Asset Management	$141,508
7	Wells Fargo Asset Management	$138,478
8	PIMCO	$103,835
9	Invesco	$101,139
10	Charles Schwab Investment Management, Inc.	$83,344

NUMBER OF RECORDKEEPER SELLING AGREEMENTS
1	Capital Group/American Funds	277
2	Janus	225
3	Lord Abbett	126
4	American Century Investments	114
5	Ivy Investments	107
6	AB	105
7	Federated Investors	87
8	TIAA Global Asset Management – Nuveen	79
9	OppenheimerFunds	78
10	Franklin Templeton	75

LARGEST INCREASE IN DCIO ASSETS (2014 vs. 2015)
1	American Beacon Advisors, Inc.	33.4%
2	Prudential Investments	28.7%
3	AB	24.6%
4	Principal	22.9%
5	J.P. Morgan Asset Management	21.3%
6	Charles Schwab Investment Management, Inc.	13.6%
7	T. Rowe Price	9.9%
8	TIAA Global Asset Management – Nuveen	4.6%
9	Goldman Sachs Asset Management	4.4%
10	BlackRock	3.6%

TOP DCIO FUNDS BY ASSETS ($MM as of Q1 2016)
1	T. Rowe Price Retirement Date Funds	$146,539
2	BlackRock LifePath Target Date Fund	$129,288
3	JP Morgan SmartRetirement Funds	$78,786
4	State Street Global Advisors S&P 500	$74,429
5	American Funds EuroPacific Growth Fund	$69,742
6	John Hancock Lifestyle Portfolios	$63,030
7	PIMCO Total Return Fund	$41,470
8	AB Target-Date Strategies	$34,815
9	Wells Fargo Stable Return Fund	$29,920
10	Dodge & Cox Stock Fund	$28,889

NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPER PLATFORMS
1	Fidelity Investments	214
2	BlackRock	150
3	Franklin Templeton	134
4	Wells Fargo Asset Management	110
5	J.P. Morgan Asset Management	108
6	PIMCO	107
7	TIAA Global Asset Management – Nuveen	105
8	Charles Schwab Investment Management, Inc.	99
9	Invesco	95
10	American Century Investments	89

LARGEST INCREASE IN DCIO ASSETS (12/31/15 vs. Q1 2016)
1	Charles Schwab Investment Management, Inc.	28.5%
2	Allianz Global Investors	12.5%
3	J.P. Morgan Asset Management	10.4%
4	Janus	6.7%
5	Principal	5.6%
6	American Beacon Advisors, Inc.	4.4%
7	American Century Investments	3.6%
8	MFS Investment Management	3.5%
9	Prudential Investments	3.3%
10	Putnam Investments	3.2%