RESEARCH |
2024
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
PGIM
| Total DCIO Assets (US only) ($MM) | |
|---|---|
| Year ending 12/31/2023 | $169,579 |
| Year ending 12/31/2022 | $155,818 |
| Total DCIO funds | 64 |
| Number of TDF series | 2 |
| Largest Stand-Alone DCIO Fund ($MM) | |
|---|---|
| Fund name | PGIM Total Return Bond Fund |
| Fund assets | $9,552 |
| Portfolio manager | Robert Tipp, Richard Piccirillo, Gregory Peters, Matthew Angelucci, Tyler Thorn |
| First year managing fund | 2002, 2012, 2014, 2023, 2023 |
| DCIO Asset Breakdown, by investment vehicle (does not include “other” categories) | |
|---|---|
| Mutual funds | 36% |
| Collective investment trusts | 22% |
| Separate accounts | 42% |
| DCIO Asset Breakdown, by asset type (does not include “other” categories) | |
|---|---|
| Alternatives | 0% |
| Fixed income | 47% |
| Hybrid/Multi-Asset | 0% |
| International/Global equity | 2% |
| Money market | 1% |
| Stable value | 16% |
| U.S. equity | 34% |
| 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 | 5 |
| Salespeople focused on DC specialist financial advisers | 5 |
| Salespeople focused on institutional | 2 |
| Compliance support | No |
| Access to ERISA counsel | No |
| Conferences for advisers | No |
| Plan benchmarking | Yes |
| Lead generation | Yes |
| Investment committee meetings | No |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | Yes |
| # Recordkeeping Partners | 55 |
| Checkmark = Yes; X = No |