RESEARCH |
2024
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
MFS Investment Management
| Total DCIO Assets (US only) ($MM) | |
|---|---|
| Year ending 12/31/2023 | $110,000 |
| Year ending 12/31/2022 | $94,825 |
| Total DCIO funds | 70 |
| Number of TDF series | 1 |
| Largest Stand-Alone DCIO Fund ($MM) | |
|---|---|
| Fund name | MFS Value Fund |
| Fund assets | $18,145 |
| Portfolio manager | Nevin P. Chitkara;Katherine A. Cannan; |
| First year managing fund | 2006, 2019 |
| DCIO Asset Breakdown, by investment vehicle (does not include “other” categories) | |
|---|---|
| Mutual funds | 75% |
| Collective investment trusts | 18% |
| Separate accounts | 7% |
| DCIO Asset Breakdown, by asset type (does not include “other” categories) | |
|---|---|
| Alternatives | 0% |
| Fixed income | 2% |
| Hybrid/Multi-Asset | 7% |
| International/Global equity | 32% |
| Money market | 0% |
| Stable value | 0% |
| U.S. equity | 59% |
| DCIO Asset Breakdown, by style (does not include “other” categories) | |
|---|---|
| Active management | 100% |
| Passive management | 0% |
| Blend management | 0% |
| Adviser Support/Services | |
|---|---|
| Salespeople focused on retail financial advisers | 0 |
| 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 |
| Checkmark = Yes; X = No |