Page 75 - DCAC February 2025 Files

Equity exposure As of 12/31/2024

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.

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