2022
PLANADVISER DCIO Survey

Top 10 Providers

Top 10 Providers

DCIO MANAGERS, BY ASSETS ($MM AS OF 12/31/21)
1BlackRock$1,390,708
2The Vanguard Group$1,157,900
3State Street Global Advisors$638,448
4T. Rowe Price$557,431
5Cap Group/American Funds$474,909
6J.P. Morgan Asset Management$277,609
7PGIM$219,695
8Fidelity$157,527
9John Hancock Investment Management$138,033
10Allspring Global Investments$127,998
LARGEST DCIO STANDALONE FUNDS, BY ASSETS ($MM AS OF 12/31/21)
1BlackRock Equity Index (BlackRock)$431,730
2S&P 500® Index Strategy (State Street Global Advisors)$186,664
3Institutional Index Fund All Classes (The Vanguard Group)$105,966
4EuroPacific Growth Fund® (Cap Group/American Funds)$102,167
5Dodge & Cox Stock Fund (Dodge & Cox)$51,229
6Fidelity 500 Index (Fidelity)$48,649
7T. Rowe Price Blue Chip Growth Fund (T. Rowe Price)$36,935
8PIMCO Total Return Fund (PIMCO)$26,624
9Stable Return Fund (Allspring Global)$22,525
10JPM Large Cap Growth Fund (J.P. Morgan Asset Management)$20,039
NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS
1Fidelity475
2BlackRock210
3Dimensional Fund Advisors200
4Franklin Templeton149
5The Vanguard Group124
6Nuveen122
7T. Rowe Price119
8Columbia Threadneedle Investments110
9Allspring Global Investments96
10J.P. Morgan Asset Management88
NUMBER OF RECORDKEEPING PARTNERS
1Cap Group/American Funds206
2DoubleLine150
3AllianceBernstein (AB)100
4Hartford Funds92
5Dimensional Fund Advisors80
6First Eagle Investments75
6Nuveen75
8BlackRock61
9PGIM55
10John Hancock Investment Management50
LARGEST DCIO TARGET-DATE FUNDS, BY ASSETS ($MM AS OF 12/31/21)
1LifePath Index (BlackRock)$288,508
2Target Retirement Fund (The Vanguard Group)$233,734
3 T. Rowe Price Retirement Date Funds (T. Rowe Price)$225,031
4American Funds Target-Date Retirement Series (Cap Group/American Funds)$173,181
5 Multi-Index 2035 Lifetime (John Hancock Investment Management)$139,525
6Target Date Non- Lending CITs (State Street Global Advisors)$69,220
7AB Customized Retirement Strategy (AllianceBernstein (AB))$57,263
8One Choice Portfolios (American Century)$25,246
9TIAA-CREF Lifecycle Index (Nuveen)$24,000
10Schwab Managed Retirement Trust Funds (CIT) (Schwab Asset Management)$12,287
LARGEST INCREASE IN DCIO ASSETS (2020 VS. 2021)
1Columbia Threadneedle Investments41.92%
2Fidelity38.08%
3State Street Global Advisors32.71%
4Cohen & Steers32.22%
5Nuveen31.15%
6AllianceBernstein (AB)28.64%
7John Hancock Investment Management26.06%
8Principal Global Investors24.15%
9MFS Investment Management21.40%
10American Century19.46%