RESEARCH |
2024
PLANADVISER DCIO Survey
Reported by PLANADVISER
Top 10 Providers
| DCIO Managers, by Assets ($MM as of 12/31/23) | ||
|---|---|---|
| 1 | BlackRock, Inc. | $1,442,168 |
| 2 | Vanguard | $1,382,191 |
| 3 | T. Rowe Price | $506,911 |
| 4 | Capital Group, home of American Funds | $445,913 |
| 5 | Fidelity Investments | $210,638 |
| 6 | PGIM | $169,579 |
| 7 | PIMCO | $115,613 |
| 8 | MFS Investment Management | $110,000 |
| 9 | AllianceBernstein (AB) | $108,786 |
| 10 | Allspring Global Investments | $102,469 |
| Largest DCIO Standalone Funds, by Assets ($MM as of 12/31/23) | ||
|---|---|---|
| 1 | Equity Index (BlackRock, Inc.) | $491,800 |
| 2 | Target Retirement Funds (Vanguard) | $239,483 |
| 3 | EuroPacific Growth Fund® (Capital Group, home of American Funds) | $70,984 |
| 4 | Fidelity 500 Index (Fidelity Investments) | $70,881 |
| 5 | Stable Return Fund (Allspring Global Investments ) | $20,168 |
| 6 | MFS Value Fund (MFS Investment Management) | $18,145 |
| 7 | PIMCO Total Return Fund (PIMCO) | $17,995 |
| 8 | Blue Chip Growth Fund (T. Rowe Price) | $13,237 |
| 9 | PGIM Total Return Bond Fund (PGIM) | $9,552 |
| 10 | AB Large Cap Growth (AllianceBernstein (AB)) | $8,594 |
| Number of DCIO Funds Available on Recordkeeping Platforms | ||
|---|---|---|
| 1 | Fidelity Investments | 480 |
| 2 | BlackRock, Inc. | 238 |
| 3 | Franklin Templeton | 144 |
| 4 | Vanguard | 139 |
| 5 | T. Rowe Price | 125 |
| 6 | Nuveen | 122 |
| 7 | Columbia Threadneedle Investments | 110 |
| 8 | Allspring Global Investments | 93 |
| 9 | PIMCO | 92 |
| 10 | Dimensional Fund Advisors | 88 |
| Number of Recordkeeping Partners | ||
|---|---|---|
| 1 | DoubleLine | 150 |
| 2 | Franklin Templeton | 111 |
| 3 | AllianceBernstein (AB) | 92 |
| 4 | Hartford Funds | 79 |
| 5 | Nuveen | 75 |
| 6 | BlackRock, Inc. | 61 |
| 7 | Capital Group, home of American Funds | 60 |
| 8 | PGIM | 55 |
| 9 | Dimensional Fund Advisors | 50 |
| 9 | John Hancock Investment Management | 50 |
| 9 | MFS Investment Management | 50 |
| 9 | Principal Asset Management | 50 |
| 9 | T. Rowe Price | 50 |
| Largest DCIO Target-Date Funds, by Assets ($MM as of 12/31/23) | ||
|---|---|---|
| 1 | Target Retirement Trusts (Vanguard) | $667,630 |
| 2 | LifePath Index (BlackRock, Inc.) | $330,248 |
| 3 | T. Rowe Price Retirement Date Funds (T. Rowe Price) | $254,585 |
| 4 | American Funds Target-Date Retirement Series (Capital Group, home of American Funds) | $188,771 |
| 5 | AB Customized Retirement Strategies (AllianceBernstein (AB)) | $67,652 |
| 6 | Principal Lifetime Hybrid CIT (Principal Asset Management) | $56,596 |
| 7 | Nuveen Lifecycle Index Mutual Fund (Nuveen) | $28,024 |
| 8 | Fidelity Freedom Index (Fidelity Investments) | $25,214 |
| 9 | PIMCO RealPath Blend Target Date Funds (PIMCO) | $7,836 |
| 10 | Retirement Advantage - CIT (Franklin Templeton) | $5,377 |
| Largest Increase in DCIO Assets (2022 vs. 2023) | ||
|---|---|---|
| 1 | Nuveen | 47% |
| 2 | Fidelity Investments | 42% |
| 3 | BlackRock, Inc. | 24% |
| 4 | John Hancock Investment Management | 23% |
| 5 | Vanguard | 19% |
| 6 | AllianceBernstein (AB) | 18% |
| 7 | T. Rowe Price | 18% |
| 8 | Wellington Management | 17% |
| 9 | MFS Investment Management | 16% |
| 10 | Dimensional Fund Advisors | 15% |