Page 80 - DCAC February 2025 Files

Do-it-yourself strategy 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.

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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