RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Principal Asset Management
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $28,380 |
| Year ending 12/31/2021 | $31,828 |
| Total DCIO funds | 53 |
| Number of TDF series | 4 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | Morley Stable Value CIT |
| Fund assets | $7,829 |
| Portfolio manager | Ron Heath, Perpetua Phillips, Shane Johnston, Gene Lackershire |
| First Year Managing Fund | Ron 2010, Perpetua 1999, Shane 2009, Gene 2011 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 52% |
| Collective investment trusts | 48% |
| Separate accounts | 0% |
| Equity | 46% |
| Hybrid/Multi-Asset | 11% |
| Stable value/Money market | 28% |
| Fixed-Income | 15% |
| % Active Management | 88% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | 9 |
| Salespeople focused on DC specialist financial advisers | 9 |
| Salespeople focused on institutional | 13 |
| Compliance support | Yes |
| Access to ERISA Counsel | Yes |
| Conferences for advisers | Yes |
| Plan benchmarking | Yes |
| Lead generation | Yes |
| Investment committee meetings | Yes |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | Yes |
| # RECORDKEEPING PARTNERS | 50 |