Hello. Ive been trying to learn a lot more about investing lately. I'm looking for help in relation to my 3% company match IRA that I've been participating in for about a year and a half now. When first becoming eligible to participate, I was all about it and invested as aggressively as I could. however, after the first year, and very disappointing results, I decided to get more involved. When the adviser comes to our office, he seems to want to overwhelm everyone with so much information about how great the fund is and all the technical jargon he can so people ask as few questions as possible. Then, when a question is posed, he acts as though its ridiculous and we should just trust him and keep sending more money. Its probably obvious that I've never cared for the guy. Personal feelings for him aside though, if he's worth what seem to be the very high fees associated, then I'll stay. However, since researching and looking around at other funds, I feel I'm not getting the full value of my money with him. My current fund is as follows:
Primerica SIMPLE IRA
100% in FKINX
initial sales charge of 4.25%
overall expense ratio of .61%
I cant get into any growth fund on my list of options for any cheaper. In fact, the growth funds are more expensive with around a 5-5.5% sales charge and .90% ER. I really hate to give up a 3% employer match, but it seems like i could come out better with a Roth through vanguard or fidelity. It seems as though the match plus some of my contribution is getting eaten up by the fees. I'm very new to this, so sorry for any ignorance. Any advice is greatly appreciated. I'm trying to get my retirement on track.