RESEARCH |
2024
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Franklin Templeton
| Total DCIO Assets (US only) ($MM) | |
|---|---|
| Year ending 12/31/2023 | *$83,908 |
| Year ending 12/31/2022 | $79,146 |
| Total DCIO funds | 144 |
| Number of TDF series | 6 |
| Largest Stand-Alone DCIO Fund ($MM) | |
|---|---|
| Fund name | Western Asset US Core Plus |
| Fund assets | $5,121 |
| Portfolio manager | Team led by Ken Leetch |
| First year managing fund | 2013 |
| DCIO Asset Breakdown, by investment vehicle (does not include “other” categories) | |
|---|---|
| Mutual funds | 52% |
| Collective investment trusts | 46% |
| Separate accounts | 2% |
| DCIO Asset Breakdown, by asset type (does not include “other” categories) | |
|---|---|
| Alternatives | 0% |
| Fixed income | 23% |
| Hybrid/Multi-Asset | 12% |
| International/Global equity | 7% |
| Money market | 0% |
| Stable value | 20% |
| U.S. equity | 38% |
| 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 | 19 |
| Salespeople focused on DC specialist financial advisers | 13 |
| Salespeople focused on institutional | 2 |
| Compliance support | Yes |
| Access to ERISA counsel | No |
| Conferences for advisers | Yes |
| Plan benchmarking | Yes |
| Lead generation | Yes |
| Investment committee meetings | No |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | No |
| # Recordkeeping Partners | 111 |
| *Total AUM is as of December 31, 2023 and has been restated to include AUM from Putnam Investments at the same date. Franklin Templeton acquired Putnam Investments on January 2, 2024.
Checkmark = Yes; X = No |