RESEARCH |
PLANA
DVISER’s 2014 DCIO Survey
<div id="summary" title="summary">DCIO providers’ assets and services flourish</div>
Reported by PLANADVISER
| Art by Christian Northeast
Providers
Fidelity Investments
| TOTAL DCIO ASSETS ($MM) | |
|---|---|
| Q1 2014 | $69,599 |
| Year ending 12/31/2013 | $72,758 |
| Year ending 12/31/2012 | $68,321 |
| TOP DCIO FUND | |
|---|---|
| Fund name | Fidelity Contrafund |
| Fund assets ($MM) | $17,513 |
| Portfolio manager | Will Danoff |
| Start date | 1990 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 88%^ |
| Collectives | 2% |
| Separate accounts | 5% |
| Stocks | 81% |
| Bonds (excluding stable value) | 9% |
| Stable value | 1% |
| Money market | 4% |
| Asset allocation* | 5% |
| % Active/Passive | |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on advisers | 15 |
| Salespeople focused on institutional | 5 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| Investment committee meetings | |
| # OF RK SELLING AGREEMENTS | 75 |
|---|
| *Target-date, target-risk, balanced. ^An additional 5% is non-mutual funds. |