RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Federated Hermes, Inc.
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $53,400 |
| Year ending 12/31/2021 | $63,167 |
| Total DCIO funds | 82 |
| Number of TDF series | 0 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | Federated Hermes Government Obligations Fund |
| Fund assets | $7,395 |
| Portfolio manager | Deborah A. Cunningham, CFA; Susan R. Hill, CFA |
| First Year Managing Fund | 1994, 1994 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 91% |
| Collective investment trusts | 7% |
| Separate accounts | 2% |
| Equity | 32% |
| Hybrid/Multi-Asset | 1% |
| Stable value/Money market | 37% |
| Fixed-Income | 29% |
| % Active Management | 100% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | 5 |
| Salespeople focused on DC specialist financial advisers | 5 |
| Salespeople focused on institutional | *N/A |
| Compliance support | No |
| Access to ERISA Counsel | Yes |
| Conferences for advisers | Yes |
| Plan benchmarking | No |
| Lead generation | Yes |
| Investment committee meetings | Yes |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | Yes |
| # RECORDKEEPING PARTNERS | Not Reported |
| *N/A: Institutional Sales is covered by DC Specialist adviser sales team |