Wife's 401k plan

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indexonlyplease
Posts: 778
Joined: Thu Apr 30, 2015 12:30 pm
Location: Pembroke Pines, FL

Wife's 401k plan

Post by indexonlyplease » Sun Jul 16, 2017 3:54 pm

As recommended here we started maxing out my wife's bad 401k. We were taking the 3% match now max out.

The choices for her to stay inline with our 60/40 portfolio are the 3 indexes they offer yes only 3.

When I look no ticker symbol states n/a. Also, on the Ameritas website under her account it states er are lower than plan statement. So, I guess they charge more in the 401k plan.
Calvert VP SP 500 .40-.28 on website (this is were we put the money now)
Calvert VP Mid cap .41-.30 on website
Calvert VP Small Cap .53-.38 on website

Question: should we just keep the SP 500 or spread the money into all 3.

I have the international and fix income covered in my 457 fund. I will rebalance yearly when needed.

Reminder I have the 3 fund 60/40 between my 457 and our Roth IRA. Roths still being maxed out also.

retiredjg
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Joined: Thu Jan 10, 2008 12:56 pm

Re: Wife's 401k plan

Post by retiredjg » Sun Jul 16, 2017 4:18 pm

I'd probably just use the 500 index and add on an extended market index or small cap in another account just because I like to hold the entire market. In reality, the 500 index performs so much like the total market, it probably does not matter much.

indexonlyplease
Posts: 778
Joined: Thu Apr 30, 2015 12:30 pm
Location: Pembroke Pines, FL

Re: Wife's 401k plan

Post by indexonlyplease » Sun Jul 16, 2017 6:12 pm

retiredjg wrote:I'd probably just use the 500 index and add on an extended market index or small cap in another account just because I like to hold the entire market. In reality, the 500 index performs so much like the total market, it probably does not matter much.
I have the schwab total stock fund in my 457 fund. Would it make sense to purchase some mid,small in her account. In smaller percent since she is adding new money?? In my account I would have to move money out of fixed account which I can do 4 times a year to keep with the balance.

Also, do you know why there is no ticker symbol??

retiredjg
Posts: 30060
Joined: Thu Jan 10, 2008 12:56 pm

Re: Wife's 401k plan

Post by retiredjg » Sun Jul 16, 2017 6:22 pm

The fact that there is no ticker is not worrisome. It is likely a trust. https://www.bogleheads.org/wiki/Collect ... ent_Trusts

It would be fine to hold some mid and small cap in her plan. Or not.

As for the extra charges, they are apparently passing on the cost of plan administration to the employees. This is not unusual. Don't worry about it - those costs are still very reasonable.

indexonlyplease
Posts: 778
Joined: Thu Apr 30, 2015 12:30 pm
Location: Pembroke Pines, FL

Re: Wife's 401k plan

Post by indexonlyplease » Sun Jul 16, 2017 6:25 pm

retiredjg wrote:The fact that there is no ticker is not worrisome. It is likely a trust. https://www.bogleheads.org/wiki/Collect ... ent_Trusts

It would be fine to hold some mid and small cap in her plan. Or not.

As for the extra charges, they are apparently passing on the cost of plan administration to the employees. This is not unusual. Don't worry about it - those costs are still very reasonable.
I guess the correct way would be to look at Schwab or Vanguard Total stock fund and follow that in percent breakdown of large, med, small index??
If that is possible.

Thank You,

Cliff

retiredjg
Posts: 30060
Joined: Thu Jan 10, 2008 12:56 pm

Re: Wife's 401k plan

Post by retiredjg » Wed Jul 19, 2017 9:38 am

indexonlyplease wrote:
retiredjg wrote:The fact that there is no ticker is not worrisome. It is likely a trust. https://www.bogleheads.org/wiki/Collect ... ent_Trusts

It would be fine to hold some mid and small cap in her plan. Or not.

As for the extra charges, they are apparently passing on the cost of plan administration to the employees. This is not unusual. Don't worry about it - those costs are still very reasonable.
I guess the correct way would be to look at Schwab or Vanguard Total stock fund and follow that in percent breakdown of large, med, small index??
If that is possible.

Thank You,

Cliff
If you want to use 3 funds to achieve Total Stock, here is a Wiki page that might help you.

Don't worry about being exact. I'd probably just use 80% large cap and 20% small cap and call it good enough.

https://www.bogleheads.org/wiki/Approxi ... ock_market

indexonlyplease
Posts: 778
Joined: Thu Apr 30, 2015 12:30 pm
Location: Pembroke Pines, FL

Re: Wife's 401k plan

Post by indexonlyplease » Wed Jul 19, 2017 10:00 am

retiredjg wrote:
indexonlyplease wrote:
retiredjg wrote:The fact that there is no ticker is not worrisome. It is likely a trust. https://www.bogleheads.org/wiki/Collect ... ent_Trusts

It would be fine to hold some mid and small cap in her plan. Or not.

As for the extra charges, they are apparently passing on the cost of plan administration to the employees. This is not unusual. Don't worry about it - those costs are still very reasonable.
I guess the correct way would be to look at Schwab or Vanguard Total stock fund and follow that in percent breakdown of large, med, small index??
If that is possible.

Thank You,

Cliff
If you want to use 3 funds to achieve Total Stock, here is a Wiki page that might help you.

Don't worry about being exact. I'd probably just use 80% large cap and 20% small cap and call it good enough.

https://www.bogleheads.org/wiki/Approxi ... ock_market
perfect. That will be easy to keep balanced.

Thanks,

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