My DH just started a new job with CACI. Their 401(k) plan is called the "CACI $mart Plan" - it looks like it's administered by T Rowe Price. There is a flat annual fee of $32. There is matching - for every dollar he contributes (up to 6% of his pay), CACI will contribute another 50 cents for a maximum match of 3%. The company match is given on an annual basis.
Quick background - he is 35 y/o, no significant savings or investments but no debt. He is also a Reservist with 11+ years of service and plans to continue through to year 20 or beyond. I have significant retirement savings and investments. I think he/we could afford for him to be more aggressive with his 401(k).
Below are the options I think he should consider (all Vanguard):
Stocks: VINIX, VIMSX, VSCIX, VGTSX
Bonds: VBTIX
I want him to take full advantage of the match but any thoughts RE mix etc? We were talking about him contributing up to the CACI match, matching out his Roth IRA and then topping off his TSP and or non-retirement investment account?
Final note: it has taken quite some time for him to get on the savings bandwagon, not a full-blown MMM yet but I am very encouraged by his initiative RE saving, hoping to build on positive momentum.