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
Russell Investments
| TOTAL DCIO ASSETS ($MM) | |
|---|---|
| Q1 2014 | $13,000 |
| Year ending 12/31/2013 | $13,400 |
| Year ending 12/31/2012 | $11,300 |
| TOP DCIO FUND | |
|---|---|
| Fund name | LifePoints Target Date Funds |
| Fund assets ($MM) | $2,600 |
| Portfolio manager | John Greves, Brian Meath |
| Start date | 2010, 2014 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 30% |
| Collectives | 70% |
| Separate accounts | 0% |
| Stocks | 40% |
| Bonds (excluding stable value) | 15% |
| Stable value | 0% |
| Money market | 0% |
| Asset allocation* | 45% |
| % Active/Passive | |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on advisers | 5 |
| Salespeople focused on institutional | 3 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| Investment committee meetings | |
| # OF RK SELLING AGREEMENTS | 30 |
|---|
| *Target-date, target-risk, balanced. |