RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
MFS Investment Management
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $88,261 |
| Year ending 12/31/2021 | $105,864 |
| Total DCIO funds | 77 |
| Number of TDF series | 1 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | MFS Value Fund |
| Fund assets | $18,773 |
| Portfolio manager | Nevin P. Chitkara, Katherine A. Cannan |
| First Year Managing Fund | 2006, 2019 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 75% |
| Collective investment trusts | 14% |
| Separate accounts | 11% |
| Equity | 89% |
| Hybrid/Multi-Asset | 8% |
| Stable value/Money market | 0% |
| Fixed-Income | 3% |
| % Active Management | 100% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | Not Reported |
| Salespeople focused on DC specialist financial advisers | 15 |
| Salespeople focused on institutional | 6 |
| Compliance support | No |
| Access to ERISA Counsel | No |
| Conferences for advisers | No |
| Plan benchmarking | Yes |
| Lead generation | Yes |
| Investment committee meetings | Yes |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | No |
| # RECORDKEEPING PARTNERS | 50 |