ronocnikral
Full time employment: Posting here.
- Joined
- Apr 26, 2010
- Messages
- 853
I've switched to a different overlord, an overlord with what seems to offer piss poor 401k options.
Former overlord ran their 401k through Vanguard and everything was peachy keen, but now I have some Wilmington Trust with funds I can't find on Morningstar? Even more squirrelly is how they report fees. e.g. Their Balanced portfolio fund has the last 10 years of gross returns and "Net of trust and investment mgmt fees". 2003 gross was 20.57% and "net" 19.08%. So, the fees are roughly 1.49% for that year? Fees seem to change year to year, but fluctuate within 0.3%, with some bigger swings where I assume the fund manager divorced his current 20 something wife.
I'm used to seeing a constant fee with Vanguard like 0.3%, can they report the fund's fees either way? I have no ticker symbols or anything...
Current overlord has even offered to allow me to roll previous overlord's 401k funds into their's, but I think I will keep my ~$200k with Vanguard. I've been wanting to get a taxable portfolio going, I guess now is my chance! The writing on the wall is I will put minimum in to get the 6% match with the fund with lowest fees, invest difference elsewhere and adjust portfolio allocations accordingly across 5 accounts? Talking with HR is like talking to a coconut.
Former overlord ran their 401k through Vanguard and everything was peachy keen, but now I have some Wilmington Trust with funds I can't find on Morningstar? Even more squirrelly is how they report fees. e.g. Their Balanced portfolio fund has the last 10 years of gross returns and "Net of trust and investment mgmt fees". 2003 gross was 20.57% and "net" 19.08%. So, the fees are roughly 1.49% for that year? Fees seem to change year to year, but fluctuate within 0.3%, with some bigger swings where I assume the fund manager divorced his current 20 something wife.
I'm used to seeing a constant fee with Vanguard like 0.3%, can they report the fund's fees either way? I have no ticker symbols or anything...
Current overlord has even offered to allow me to roll previous overlord's 401k funds into their's, but I think I will keep my ~$200k with Vanguard. I've been wanting to get a taxable portfolio going, I guess now is my chance! The writing on the wall is I will put minimum in to get the 6% match with the fund with lowest fees, invest difference elsewhere and adjust portfolio allocations accordingly across 5 accounts? Talking with HR is like talking to a coconut.