Hi,
I just joined a new company and have been really excited about everything until I ran into the 401k.
For background, I have no debt and max out my Roth IRA each year (and was on track to max out the 401k).
Given the information below, should I be bothering with the 401k at all? Is there another account I should be investing into instead? What are your thoughts?
401k is traditional only and includes the following:
- No Employer Match.
- Unable to perform an In-Service rollover
- 5 Dollar Monthly Maintenance Fee.
- .055% Trust Company Custodial fee Annual.
- .30% Morning Star Fee Quarterly.
Here are a list of funds and associated expense ratios:
| Fund | Ticker | ER |
|---|---|---|
| Aberdeen Global Equity Impact | JETIX | 1.78% |
| Arbitrage I | ARBNX | 1.74% |
| BlackRock Inflation Protected Bond | BPRIX | .50% |
| Calamos Global Equity | CIGEX | 1.15% |
| Champlain Mid Cap Institutional | CIPIX | .87% |
| DoubleLine Total Return Bond I | DBLTX | .48% |
| Edgewood Growth Instl | EGFIX | 1.00% |
| Harbor High-Yield Bon Instl | HYFAX | .61% |
| Harbor International Institutional | HAINX | .77% |
| MainStay CBRE Real Estate A | CLARX | .81% |
| MFS Value | MEIIX | .57% |
| Parnassus Core Equity | PRILX | .63% |
| PIMCO Commodity Real | PCRIX | 1.46% |
| PIMCO Government Money Market Instl | PGYXX | .18% |
| PIMCO Total Return INSTL | PTTRX | .71% |
| T. Rowe Price Captial Appreciation | PRWCX | .59% |
| T. Rowe Price Capital Appreciation I | TRAIX | .71% |
| T. Rowe Price New America Growth | PRWAX | .79% |
| T Rowe Price Short-Term Bond | PRWBX | .44% |
| T. Rowe Price Small-Cap Value I | PRVIX | .73% |
| Templeton Foreign R6 | FTFGX | .70% |
| Templeton Global Bond Adv | TGBAX | .69% |
| Templeton Global Bond R6 | FBNRX | .57% |
| Virtus Vontobel Emerging Markets Opps I | HIEMX | 1.25% |
| Western Asset Core Bond I | WATFX | .45% |
Submitted September 23, 2020 at 06:32PM by Economy_Bodybuilder https://ift.tt/33N5VPK
