fidelity netbenefits

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marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

fidelity netbenefits

Post by marino138 » Fri Oct 13, 2017 9:18 pm

hello bogleheads,

I am currently have a fidelity netbenefits 401k through my employer with a company match up of up to 3%...im contributing 10%, they have a limited set of funds, I currently have a 80/20 asset allocation as follows:
(50/30/20)
fid. 500 index pr. (fusvx) 0.035%
intl. index pr. (fsivx) 0.06%
fid. us. bond index pr. (fsitx) 0.045%

other options:

eaten lg. cap value a (ehstx) 1.06%
fid. blue chip gr. (fbgrx) 0.7%
fid. contrafund (fcntx) 0.68%
fid. fidelity fund (ffidx) 0.52%
invs divrs divd r5 (ddfix) 0.54%
artisan mid cap value (artqx) 1.16%
fid. mid cap index pr. (fsckx) 0.05%
fid. value (fdvlx) 0.67%
jh. enterprise t. (jaenx) 0.93%
msif mid cap growth a. (macgx) 1%
fid. small cap discovery (fscrx) 0.87%
fid. small cap index pr. (fssvx) 0.05%
fid. diversified intl. (fdivx) 1.05%
oakmark intl. inv. (oakix) 1.05%
fid. intermed. bond (fthrx) 0.45%
pimco tot. return adm. (ptrax) 0.76%
fid. govt. mmkt. (spaxx) 0.42%

I am needing an extra set of (expert) eyes to tell me if I have a good plan or need to make some changes for the better to get the most ($) out of my 401k, while cutting costs/taxes.do I need to incorporate any mid or small cap index funds into my asset allocation or keep it a 3 fund and save the hassell when I have to rebalance my portfolio?...I transitioned out of a fid. freedom 2040 fund (ffffx) 0.75%...thanks again for all your imput....bill

livesoft
Posts: 56522
Joined: Thu Mar 01, 2007 8:00 pm

Re: fidelity netbenefits

Post by livesoft » Fri Oct 13, 2017 9:22 pm

I had a Fidelity 401(k). Your plan looks great because you have access to low-expense-ratio, passively-managed index funds.

If you wish to mimic a Total US Stock Market index fund instead of just a Large Cap S&P500 index fund, then you will have to add the Mid and the Small-cap index funds to your portfolio. See this wiki article: https://www.bogleheads.org/wiki/Approxi ... ock_market
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marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

Re: fidelity netbenefits

Post by marino138 » Fri Oct 13, 2017 9:53 pm

livesoft wrote:
Fri Oct 13, 2017 9:22 pm
I had a Fidelity 401(k). Your plan looks great because you have access to low-expense-ratio, passively-managed index funds.

If you wish to mimic a Total US Stock Market index fund instead of just a Large Cap S&P500 index fund, then you will have to add the Mid and the Small-cap index funds to your portfolio. See this wiki article: https://www.bogleheads.org/wiki/Approxi ... ock_market
thanks, livesoft

whats the best approach for finding out how much of my asset allocation should be made up of small/midcap funds?

livesoft
Posts: 56522
Joined: Thu Mar 01, 2007 8:00 pm

Re: fidelity netbenefits

Post by livesoft » Fri Oct 13, 2017 9:54 pm

The best approach is probably to click on that link I just gave and read what it says.
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JBTX
Posts: 1522
Joined: Wed Jul 26, 2017 12:46 pm

Re: fidelity netbenefits

Post by JBTX » Fri Oct 13, 2017 10:06 pm

marino138 wrote:
Fri Oct 13, 2017 9:18 pm
hello bogleheads,

I am currently have a fidelity netbenefits 401k through my employer with a company match up of up to 3%...im contributing 10%, they have a limited set of funds, I currently have a 80/20 asset allocation as follows:
(50/30/20)
fid. 500 index pr. (fusvx) 0.035%
intl. index pr. (fsivx) 0.06%
fid. us. bond index pr. (fsitx) 0.045%

other options:

eaten lg. cap value a (ehstx) 1.06%
fid. blue chip gr. (fbgrx) 0.7%
fid. contrafund (fcntx) 0.68%
fid. fidelity fund (ffidx) 0.52%
invs divrs divd r5 (ddfix) 0.54%
artisan mid cap value (artqx) 1.16%
fid. mid cap index pr. (fsckx) 0.05%
fid. value (fdvlx) 0.67%
jh. enterprise t. (jaenx) 0.93%
msif mid cap growth a. (macgx) 1%
fid. small cap discovery (fscrx) 0.87%
fid. small cap index pr. (fssvx) 0.05%
fid. diversified intl. (fdivx) 1.05%
oakmark intl. inv. (oakix) 1.05%
fid. intermed. bond (fthrx) 0.45%
pimco tot. return adm. (ptrax) 0.76%
fid. govt. mmkt. (spaxx) 0.42%

I am needing an extra set of (expert) eyes to tell me if I have a good plan or need to make some changes for the better to get the most ($) out of my 401k, while cutting costs/taxes.do I need to incorporate any mid or small cap index funds into my asset allocation or keep it a 3 fund and save the hassell when I have to rebalance my portfolio?...I transitioned out of a fid. freedom 2040 fund (ffffx) 0.75%...thanks again for all your imput....bill
Depending on how much money you have in there (I'd say $50,000 or more), about the only change I'd recommend is take 20% of your fidelity S&P 500 and replace it will fidelity small cap index. Or perhaps take that 20% and split between midcap index and small cap index, but Otherwise looks great.

marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

Re: fidelity netbenefits

Post by marino138 » Fri Oct 13, 2017 10:08 pm

livesoft wrote:
Fri Oct 13, 2017 9:54 pm
The best approach is probably to click on that link I just gave and read what it says.
:oops:

Tal-
Posts: 182
Joined: Fri Apr 22, 2016 10:41 pm

Re: fidelity netbenefits

Post by Tal- » Fri Oct 13, 2017 11:38 pm

I've been pleased with Fidelity as a 401k provider. They typically provide some good fund options, very good reporting and functionality, and adequate service. It looks like you got yourself a decent plan.

I'm not an expert in asset allocations, but I'd probably add the small and mid-cap index funds - maybe around 8% to each with that coming out of your large cap.
Debt is to personal finance as a knife is to cooking.

mega317
Posts: 1097
Joined: Tue Apr 19, 2016 10:55 am

Re: fidelity netbenefits

Post by mega317 » Sat Oct 14, 2017 12:26 am

In my opinion this is about the best you could possibly do. Good work.

Now, unless you make 180k, work on getting that contribution rate up.

marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

Re: fidelity netbenefits

Post by marino138 » Sun Oct 15, 2017 2:07 pm

JBTX wrote:
Fri Oct 13, 2017 10:06 pm
marino138 wrote:
Fri Oct 13, 2017 9:18 pm
hello bogleheads,

I am currently have a fidelity netbenefits 401k through my employer with a company match up of up to 3%...im contributing 10%, they have a limited set of funds, I currently have a 80/20 asset allocation as follows:
(50/30/20)
fid. 500 index pr. (fusvx) 0.035%
intl. index pr. (fsivx) 0.06%
fid. us. bond index pr. (fsitx) 0.045%

other options:

eaten lg. cap value a (ehstx) 1.06%
fid. blue chip gr. (fbgrx) 0.7%
fid. contrafund (fcntx) 0.68%
fid. fidelity fund (ffidx) 0.52%
invs divrs divd r5 (ddfix) 0.54%
artisan mid cap value (artqx) 1.16%
fid. mid cap index pr. (fsckx) 0.05%
fid. value (fdvlx) 0.67%
jh. enterprise t. (jaenx) 0.93%
msif mid cap growth a. (macgx) 1%
fid. small cap discovery (fscrx) 0.87%
fid. small cap index pr. (fssvx) 0.05%
fid. diversified intl. (fdivx) 1.05%
oakmark intl. inv. (oakix) 1.05%
fid. intermed. bond (fthrx) 0.45%
pimco tot. return adm. (ptrax) 0.76%
fid. govt. mmkt. (spaxx) 0.42%

I am needing an extra set of (expert) eyes to tell me if I have a good plan or need to make some changes for the better to get the most ($) out of my 401k, while cutting costs/taxes.do I need to incorporate any mid or small cap index funds into my asset allocation or keep it a 3 fund and save the hassell when I have to rebalance my portfolio?...I transitioned out of a fid. freedom 2040 fund (ffffx) 0.75%...thanks again for all your imput....bill
Depending on how much money you have in there (I'd say $50,000 or more), about the only change I'd recommend is take 20% of your fidelity S&P 500 and replace it will fidelity small cap index. Or perhaps take that 20% and split between midcap index and small cap index, but Otherwise looks great.
30% large cap
30% intl.
10% midcap
10% small cap
20% bonds

I have 2 questions...do I want to keep as much in international as large cap...small cap is waited with mid cap, is it necessary to split small & mid cap @ 10% each?....thanks for your advice.

Dottie57
Posts: 2241
Joined: Thu May 19, 2016 5:43 pm

Re: fidelity netbenefits

Post by Dottie57 » Sun Oct 15, 2017 2:11 pm

Add Fidelity mid caps index.

Post above me is good.

marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

Re: fidelity netbenefits

Post by marino138 » Sun Oct 15, 2017 2:21 pm

Dottie57 wrote:
Sun Oct 15, 2017 2:11 pm
Add Fidelity mid caps index.

Post above me is good.
:happy

JBTX
Posts: 1522
Joined: Wed Jul 26, 2017 12:46 pm

Re: fidelity netbenefits

Post by JBTX » Sun Oct 15, 2017 4:52 pm

marino138 wrote:
Sun Oct 15, 2017 2:07 pm
JBTX wrote:
Fri Oct 13, 2017 10:06 pm
marino138 wrote:
Fri Oct 13, 2017 9:18 pm
hello bogleheads,

I am currently have a fidelity netbenefits 401k through my employer with a company match up of up to 3%...im contributing 10%, they have a limited set of funds, I currently have a 80/20 asset allocation as follows:
(50/30/20)
fid. 500 index pr. (fusvx) 0.035%
intl. index pr. (fsivx) 0.06%
fid. us. bond index pr. (fsitx) 0.045%

other options:

eaten lg. cap value a (ehstx) 1.06%
fid. blue chip gr. (fbgrx) 0.7%
fid. contrafund (fcntx) 0.68%
fid. fidelity fund (ffidx) 0.52%
invs divrs divd r5 (ddfix) 0.54%
artisan mid cap value (artqx) 1.16%
fid. mid cap index pr. (fsckx) 0.05%
fid. value (fdvlx) 0.67%
jh. enterprise t. (jaenx) 0.93%
msif mid cap growth a. (macgx) 1%
fid. small cap discovery (fscrx) 0.87%
fid. small cap index pr. (fssvx) 0.05%
fid. diversified intl. (fdivx) 1.05%
oakmark intl. inv. (oakix) 1.05%
fid. intermed. bond (fthrx) 0.45%
pimco tot. return adm. (ptrax) 0.76%
fid. govt. mmkt. (spaxx) 0.42%

I am needing an extra set of (expert) eyes to tell me if I have a good plan or need to make some changes for the better to get the most ($) out of my 401k, while cutting costs/taxes.do I need to incorporate any mid or small cap index funds into my asset allocation or keep it a 3 fund and save the hassell when I have to rebalance my portfolio?...I transitioned out of a fid. freedom 2040 fund (ffffx) 0.75%...thanks again for all your imput....bill
Depending on how much money you have in there (I'd say $50,000 or more), about the only change I'd recommend is take 20% of your fidelity S&P 500 and replace it will fidelity small cap index. Or perhaps take that 20% and split between midcap index and small cap index, but Otherwise looks great.
30% large cap
30% intl.
10% midcap
10% small cap
20% bonds

I have 2 questions...do I want to keep as much in international as large cap...small cap is waited with mid cap, is it necessary to split small & mid cap @ 10% each?....thanks for your advice.
Your allocation looks good. There are no exact rules on this. If you wanted to tweak your allocations one way or other that is fine. In terms of international that is highly debated here and some will say no international and some will say make international half of your stocks (which would be 40% in your above allocation). I think what you have strikes a good balance.

As to small and mid, those allocations may have a slight tilt towards small and mid, again which is fine. If you wanted to make them a little lower that is ok too.

MrPotatoHead
Posts: 18
Joined: Sat Oct 14, 2017 10:41 pm

Re: fidelity netbenefits

Post by MrPotatoHead » Sun Oct 15, 2017 7:39 pm

Your allocation looks fine to me, depending on what you are striving for.

Fidelity's 401K services come in many flavors with varying degrees of involvement by Fidelity. That being said, over the last several years I have had the opportunity to assist acquaintances with their 401K plans at Fidelity. These were for large employers but all of them had a Stable Value (GIC) available at .30 to .50 and all had relatively good yields that exceeded the 10 year treasury and CD rates by good margin. You might want to double check and see if your plan offers one or suggest it. My plan did not offer one and after I made the suggestion and they added one. It is a personal preference and also depends on what role you feel bonds play in your portfolio; I would rather be in a stable value fund than an intermediate general bond fund in a rising rate environment. That aside FSITX is a good offering with an ER to smile at.

Good luck.

marino138
Posts: 11
Joined: Sun Sep 17, 2017 9:00 am

Re: fidelity netbenefits

Post by marino138 » Sun Oct 15, 2017 9:52 pm

I used the Morningstar x-ray tool using these percentages:

large cap (fusvx) 34%
mid cap (fsckx) 8%
small cap (fssvx) 8%
international (fsivx) 30%
bonds (fsitx) 20%

and heres the results:http://portfolio.morningstar.com/Rtport ... oductcode=
these percentages are pretty close to these: https://www.bogleheads.org/wiki/Approxi ... ock_market

what do my fellow bogleheads think of these percentages?....critique my results...thanks again...bill

User avatar
Majormajor78
Posts: 894
Joined: Mon Jan 31, 2011 9:13 pm
Location: Chicagoish

Re: fidelity netbenefits

Post by Majormajor78 » Mon Oct 16, 2017 2:06 pm

marino138 wrote:
Sun Oct 15, 2017 9:52 pm
I used the Morningstar x-ray tool using these percentages:

large cap (fusvx) 34%
mid cap (fsckx) 8%
small cap (fssvx) 8%
international (fsivx) 30%
bonds (fsitx) 20%

and heres the results:http://portfolio.morningstar.com/Rtport ... oductcode=
these percentages are pretty close to these: https://www.bogleheads.org/wiki/Approxi ... ock_market

what do my fellow bogleheads think of these percentages?....critique my results...thanks again...bill
As others already stated, it looks quite reasonable. Looking at just the domestic stock portion of your portfolio you have about 32% as small/mid cap stocks. The U.S. market as a whole has about 20% small/mid. If you like the idea of "tilting" your portfolio this is just fine. Personally I aggressively tilt towards small value but it's completely unnecessary to tilt in a well constructed portfolio.

More on Value tilting: https://www.bogleheads.org/wiki/Value_tilting_-_stock
If you choose to tilt know why you are tilting and the risks involved. Otherwise just emulate the total market.

Out of your total stock portion you have 37.5% going towards international. As someone stated above people argue anywhere from 0-50% international. Personally I do 30% but this is just an arbitrary number I picked as somewhat middle of the road so that I could re-balance whenever either domestic or international out-performed the other.

20% bonds is quite reasonable assuming you are not approaching retirement.

BTW, that 50/30/20 portfolio you listed in your first post was perfectly acceptable as well. I like small caps but I don't know that they will do better than large in the long term. If you don't want to deal with tilting that first portfolio was a model of simplicity and reasonableness.
"Oh, M. le Comte, it is only a loss of money which I have sustained... nothing worth mentioning, I assure you."

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Christine_NM
Posts: 2562
Joined: Tue Feb 20, 2007 1:13 am
Location: New Mexico

Re: fidelity netbenefits

Post by Christine_NM » Mon Oct 16, 2017 2:22 pm

If you are eligible for a Roth, you could start one with a completion fund like VEXMX or a small or midcap fund.

This would mean saving more. If you are relatively new to all this, it may not be a bad idea. You don't have to max everything out immediately but it is more potential tax-advantaged space.
10% cash 45% stock 45% bond. Retired, w/d rate 1.5%

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