RESEARCH |
2024
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Principal Asset Management
| Total DCIO Assets (US only) ($MM) | |
|---|---|
| Year ending 12/31/2023 | $30,189 |
| Year ending 12/31/2022 | $28,380 |
| Total DCIO funds | 61 |
| Number of TDF series | 4 |
| Largest Stand-Alone DCIO Fund ($MM) | |
|---|---|
| Fund name | Principal Morley Stable Value CIT |
| Fund assets | $6,874 |
| Portfolio manager | Perpetua Phillips, Shane Johnston |
| First year managing fund | Phillips 1999, Johnston 2009, |
| DCIO Asset Breakdown, by investment vehicle (does not include “other” categories) | |
|---|---|
| Mutual funds | 55% |
| Collective investment trusts | 45% |
| Separate accounts | 0% |
| DCIO Asset Breakdown, by asset type (does not include “other” categories) | |
|---|---|
| Alternatives | 0% |
| Fixed income | 14% |
| Hybrid/Multi-Asset | 13% |
| International/Global equity | 10% |
| Money market | 0% |
| Stable value | 23% |
| U.S. equity | 40% |
| DCIO Asset Breakdown, by style (does not include “other” categories) | |
|---|---|
| Active management | 86% |
| Passive management | 3% |
| Blend management | 11% |
| Adviser Support/Services | |
|---|---|
| Salespeople focused on retail financial advisers | 9 |
| Salespeople focused on DC specialist financial advisers | 9 |
| Salespeople focused on institutional | 11 |
| Compliance support | |
| Access to ERISA counsel | |
| Conferences for advisers | |
| Plan benchmarking | |
| Lead generation | |
| Investment committee meetings | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| # Recordkeeping Partners | 50 |
| Checkmark = Yes; X = No |