[quote=flu]Sure. The managing firm I don’t think really matters. I think it has to do with what the employer and managing firm’s agreement.[/quote]
True, but I have seen situations where the employer places someone with no investment knowledge in charge of negotiating the agreed upon plans with the manager of the company’s 401k plan. The result is a bunch of high fee crap. In one company I was with, a group of employees had to get together and strong arm the company to negotiate better offerings with the manager of the 401k plan.
I have also seen managers of a company’s 401k plan advocate constant re-balancing – not telling the employees that every time the account gets ‘touched’ by a transaction(ie re-balancing), there is actually a transaction fee – it ain’t free. Re-balancing can help returns – but not at the frequency the 401k managers propose.
[quote=flu]Broadcom Limited’s 401k is managed by Fidelity. There are a total of 28 different investment options, and there’s an option to do a self directed brokerage account (which I would never do, since I don’t want to screw up what’s suppose to be a “safer” retirement account.
Within the plan, there are the typical Fidelity funds (such as Contrafund, etc)… And there are also Vanguard funds. There’s a vanguard index fund for S&P500, small cap, mid cap, international, reit, and world index. And there’s the N different “target blend funds”…
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Considerably better than several of the companies I was with. They only had from 6 to 8 funds to choose from… and the company stock. A lot of the funds you listed are good funds, I think I have 2 of them in my Roth and direct taxed investment accounts (vanguard small and mid cap index)
[quote=flu]
My current employer’s 401k is through Schwab, and a small administrator. Fund selection is roughly the same. I kinda want to roll that out because I don’t trust that plan administrator, for some reason. YTD on that account so far is 9.84%.. Slightly lower, because I left a bigger portion in money market… The former 401k, so far is 11.2%, with about 1/3 left in cash.[/quote]
Trust is important. To what account/brokerage are you going to roll it over to? I don’t know if you can roll it into a previous employers 401k. It may depend upon that plan. Note that when you roll it out to a brokerage held 401k, you loose the option of the institutional funds (note that there may be exceptions on this). Vanguard had non-institutional versions of many of its funds, though the load is a little bit higher due to handling more (in count not dollars) transactions. I see the Vanguard small cap index institutional(VSCIX) listed above, that would not be available on a roll-over to a standard brokerage roll-over account. The rough equivalent to VSCIX is NAESX (and yes it is a Vanguard fund).
