New 401k plan, questions on "funds"

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date New 401k plan, questions on "funds" jIM 10-30-2007  Re: New 401k plan, questions on "funds" rick++ 10-30-2007  Re: New 401k plan, questions on "funds" kastnna 10-30-2007  Re: New 401k plan, questions on "funds" joetaxpayer 10-30-2007  Re: New 401k plan, questions on "funds" kastnna 10-30-2007
Posted by jIM on October 30, 2007, 9:44 am My company was bought out by Siemens earlier this year. For the first time I can see the detailed info of funds in 401k. It's not managed by a single company (like T Rowe Price or Vanguard), it appears each asset class has multiple managers. I have not seen funds like this before. No ticker symbols. We have a single "domestic large cap fund", we have another "domestic small cap fund", we have another "foreign large cap fund" and a "non us emerging markets fund", among a few other choices. In the prospectus for the domestic large cap, it suggests the fund is managed by the following companies State Street Global Advisors...............................................61% Legg Mason........................................................................ 17% Capital Guardian...........................................................12% Barclays Global Investors.............................................10% Anyone know of information about which State street fund this might be, or how I would figure this out? I am looking for a ticket symbol which mimics that portion of fund performance. non US developed markets fund is managed by Grantham, Mayo, Van Otterloo........................................... 42% Capital Guardian........ ...................................................33% Barclays Global Investors ............................................25% small cap fund is managed by AXA Rosenberg.................................................................. 28% State Street Global Advisors...............................................25% Wellington Management................................................25% Peregrine Capital Management......................................22% non us emerging markets fund is managed by SSgA/Rexiter.................................................................47% Capital International, Inc. ...... ......................................43% Barclays Global Investors ............................................10% 3 of the 4 funds trail their indexes for short term by small percentages, the fourth trails 5 year, but exceeds 3 month and 1 year benchmarks. I am choosing between these 4 funds and a self directed brokerage option. If anyone has seen plans like this before, please chime in. Thank You. Posted by rick++ on October 30, 2007, 11:26 am I've seen generic asset funds in many 401K plans including my own and the largest pne ion thcountry - the federal employees Thrifty Saving Plan. Posted by kastnna on October 30, 2007, 5:47 pm jIM, Its not uncommon (yet unfortunate) that 401k providers use institutional funds that don't have ticker symbols. Many of these funds may closely resemble a listed fund, but I can't say how closely the relationship will be. The only consistent way to get info on these funds is from the prospectus, fund provider, and/or perhaps the plan advisor (if one even exists). I don't recall EVER meeting someone that preferred the funds that didn't have tickers. Posted by joetaxpayer on October 30, 2007, 7:06 pm kastnna wrote: > I don't recall EVER meeting someone that preferred the funds that > didn't have tickers. Well, it's splitting hairs, but since my S&P fund costs 5 basis points, I don't care about the ticker. It wouldn't bring me any increase to my happiness if it did, no difference to me, really. A ticker isn't worth even an extra basis point. JOE Posted by kastnna on October 30, 2007, 8:11 pm > Well, it's splitting hairs, but since my S&P fund costs 5 basis points, > I don't care about the ticker. It wouldn't bring me any increase to my > happiness if it did, no difference to me, really. A ticker isn't worth > even an extra basis point. > JOE Touche. Similar Threads Posted 401k HCE and followup questions February 4, 2007, 5:44 pm 401k, 403b Questions September 18, 2008, 11:55 am 401k plan April 23, 2008, 5:16 am 401K Plan Conversion - What Should I Do? June 22, 2007, 4:17 pm can someone help me locate tickers for 401k plan? May 14, 2007, 10:51 am 401k Plan Distribution Rights? April 21, 2008, 5:24 pm 401k into non-dollar funds April 9, 2007, 12:27 pm sovereign wealth funds vs. hedge funds June 21, 2007, 4:06 pm tax questions February 23, 2007, 4:50 pm 2 beginner questions on CDs January 18, 2007, 1:57 pm