Page 115 - DCAC May 2024 Files
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Do-it-yourself strategy equity exposure                            As of 3/31/2024








                                                             Overview

                                                             Each shape on the graph
                                                             represents participants of a
                                                             certain age that are at a certain
                                                             level of total equity exposure
                                                             from all of their funds. The size
                                                             of the shape indicates the
                                                             number of participants.


                                                             The black line displays the equity
                                                             exposure, by age, for a
                                                             representative target date glide
                                                             path. The glide path was derived
                                                             in conjunction with Morningstar
                                                             Investment Management LLC
                                                             and is for illustrative purposes
                                                             only.


                                                             The red outlined boxes are areas
                                                             of market exposure extremes.


                                                             ¹Participants with equity risk are age
                                                             50 or older with 75% or more of
                                                             their balance allocated to equities
                                                             ²Participants with inflation risk have
                                                             10% or less of their balance
                                                             allocated to equities, regardless of
                                                             their age



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