[quote=ucodegen][quote=flu]Agreed, but in my case, the fund choices are all vanguard index and select fidelity funds, the same I put my own money into elsewhere.
Also since my average job expectancy is 2-3 years per employer, they’ll get rolled over anyway.[/quote]
Your employer’s choices were much better than average. Do you mind telling me who was the managing firm for the 401k (curiousity).[/quote]
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.
The plan I’m specifically talking about was Broadcom Ltd’s 401k. It was actually Avago’s 401k plan, but since Avago bought Broadcom Corporation, and then changed their name to Broadcom Limited, the 401k was converted to Avago’s old 401k.
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”…
FID CONTRAFUND POOL
FID GROWTH CO POOL
VANG INST 500 IDX TR
JH DSCPL VAL MDCP R6 (JVMRX)
MM SEL MID CAP GR I (MEFZX)
VANG MD CP IDX IS PL (VMCPX)
VANG SM CAP IDX INST (VSCIX)
AF EUROPAC GROWTH R6 (RERGX)
VANG TOT INTL STK IS (VTSNX)
VANG REIT IDX INST (VGSNX)
VANG TOT WLD STK INV (VTWSX)
VANGUARD TARGET 2065
VANGUARD TARGET 2015
VANGUARD TARGET 2020
VANGUARD TARGET 2025
VANGUARD TARGET 2030
VANGUARD TARGET 2035
VANGUARD TARGET 2040
VANGUARD TARGET 2045
VANGUARD TARGET 2050
VANGUARD TARGET 2055
VANGUARD TARGET 2060
VANGUARD TARGET RET
METWEST TOT RTN BD P (MWTSX)
PIM HIGH YIELD INST (PHIYX)
VANG ST BD IDX IS PL (VBIPX)
VANG TOT BD MKT INST (VBTIX)
FIMM TREAS ONLY INST (FRSXX)
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.
