I've had my 401k allocation though my company in a "moderate" ("balanced growth") fund which is a combination of 7 of the other funds that they offer. Expenses are per each of the funds and vary from 0.28% to 0.84% (OMG). In addition, cumulatively, the "moderate" fund is around 27% bonds, almost 7% cash, and 2% of some mysterious category caled "other" (??), with the rest in a variety of stock types (including a not-insignificant percentage of non-US stock). I've been doing ok, but obviously could have been doing better.
This sucks and I am so mad at myself for not paying attention.
I have 100% of my other investments (IRA and taxable) in Vanguard admiral index funds (VBIAX, VTIAX, VTSAX). I think I would be happier with everything in an index fund (with maybe an 80/20 or 85/15 stock/bond split). The only index fund available in my 401K appears to be WF/Blackrock S&P 500 Index. Is this a reasonable fund to invest in? I was looking for Vanguard funds, but they only have one, and it isn't an index. I suspect I would split my current 401k between the index fund (if it seems reasonable) and I guess the Wells Fargo Core Bond I fund. Or else, but everything in the index fund here and move some of my other investments into the bond fund over at Vanguard.
Please help!
Note: I am a bit confused about the expenses. Is the expense listed here (in terms of gross % per $1000) the same as Vanguard's expense ratio (which is, for example, 0.04% for VTSAX)? (In other words, why are they expressed in terms per $1000?) I think they are but wanting to confirm.
Here is what is available to me (with returns listed in the line below each name).
Last Mo 3 Mo YTD 1-yr 3yr 5-yr 10-yr Since Incep Total Annual Expense (Gross % per $1,000)
American Funds American Balanced R6 (RLBGX)
0.34 -3.93 -0.82 9.05 7.78 9.26 N/A 12.12* 0.28%
American Funds Capital World Gr&Inc R6 (RWIGX)
1.35 -4.01 1.79 16.15 8.29 9.57 N/A 12.17* 0.45%
American Funds Fundamental Investors R6 (RFNGX)
0.23 -6.09 -0.23 14.33 11.63 13.31 N/A 15.20* 0.30%
American Funds Growth Fund of Amer R6 (RGAGX)
1.49 -3.36 4.54 19.87 13.10 15.16 N/A 15.69* 0.33%
AMG Managers Fairpointe Mid Cap Fund I (ABMIX)
-1.24 -10.57 -5.66 0.37 4.19 10.30 9.46 9.86 0.89%
First Eagle Global I (SGIIX)
0.51 -4.19 -0.57 7.00 6.13 6.82 6.65 10.72 0.84%
Franklin Mutual Quest R6 (FMQRX)
2.73 -0.61 2.21 8.39 5.08 N/A N/A 7.47* 0.73%
Franklin US Government Secs Adv (FUSAX)
-0.40 -0.53 -1.42 -1.12 0.07 0.77 2.84 4.40 0.62%
Invesco American Franchise R5 (VAFNX)
0.48 -4.75 4.57 16.66 12.10 15.10 N/A 12.21* 0.72%
Invesco Mid Cap Growth R5 (VGRJX)
-0.53 -2.51 3.19 14.44 7.06 11.69 N/A 11.87* 0.83%
Invesco Small Cap Growth R5 (GTSVX)
0.90 -1.58 3.78 20.09 11.19 14.25 11.28 9.42 0.82%
Mairs & Power Growth Inv (MPGFX)
0.02 -6.86 -4.05 5.26 8.03 10.29 9.15 11.25 0.64%
Putnam International Equity Y (POVYX)
0.57 -5.31 0.45 14.81 4.25 6.58 2.14 6.86 0.98%
T. Rowe Price Capital Appreciation (PRWCX)
0.32 -2.80 0.74 8.76 8.83 10.78 9.10 11.27 0.71%
TIAA-CREF Instl Mid-Cap Value Inst (TIMVX)
0.86 -2.95 -0.30 7.43 6.35 10.13 7.99 11.77 0.41%
Vanguard Mid Cap Growth Inv (VMGRX)
0.29 -1.57 4.35 18.10 6.81 11.35 9.23 10.18 0.36%
Wells Fargo Core Bond I (MBFIX)
-0.75 -1.17 -2.29 -0.48 0.98 1.50 4.31 4.63 0.50%
Wells Fargo Stable Return I
0.17 N/A N/A N/A N/A N/A N/A 0.46* 0.384%
WF/BlackRock S&P 500 Index CIT N
-2.55 -0.76 -0.76 14.00 10.80 13.31 9.58 11.02 0.034%