401k help - I don't know anything

[junkmail3]

Two possibilities for fees of the aggressive allocation fund (just as a note):

(on a summary page)

Expenses: Total annual expenses are expected to be approximately .065% of Fund assets.

-or-

Investment Management: 0.015% of fund assets

[gull]

Neither of those look like the expense ratio.

[junkmail3]

[ QUOTE ]
Neither of those look like the expense ratio.

[/ QUOTE ]

The summary sheet lists the following:
Manager
Category
Objective
Composition and Strategy
Expenses

The morningstar has a dash+footnote in the admin expenses for the fund and says to see the summary sheet. So, the expenses on the summary sheet are all I can find.

It does seem low though ...

[DesertCat]

[ QUOTE ]
Two possibilities for fees of the aggressive allocation fund (just as a note):

(on a summary page)

Expenses: Total annual expenses are expected to be approximately .065% of Fund assets.

-or-

Investment Management: 0.015% of fund assets

[/ QUOTE ]

It sounds like they are adding a very thin layer of fees in exchange for putting you into other funds they offer. An additional 0.1% isn't much, but they aren't really doing anything you can't do yourself. And if you do it yourself, you get to adjust the allocations to whatever you choose.

It's really your choice whether you want to choose this fund and avoid hassles, or design your own allocations and save a little bit each year.

[junkmail3]

Okay, that makes sense. I think I'll allocate it myself, taking the advice in this thread - especially since no one thinks that overloading at 50% in the S&P index is the best idea.

Thanks for your help everyone - reading and working my way through this has taken me from knowing NOTHING, to knowing almost nothing. Heh, but at least a few things make sense now.

[pig4bill]

[ QUOTE ]
no problem.

I wouldnt personaly never own my company's stock (I would not own any single stock holding for that matter). Forget all the risks associated with owning a single stock for a second and think about what happens if you company has a terrible few years where they lay you off and their share price plumets.

[/ QUOTE ]

Uhh, you sell it.

If it's a good company, owning stock in your employer can be a very good idea. You get to learn one stock's movements very well because you're always aware of where it's trading. Depending on where you work, you can see if shipments are dropping or sales are slipping, and most people are not legally insiders, so have no worries about trading it.

ESOP's are usually a nice benefit too. Unless the stock is sliding slowly into the toilet, you can take advantage of some kind of discount, and it's free money. Talk to someone that's worked there for a few years and ask if they like the plan.