Thanks terran. So I'm actually scrolling through her available options now..after setting filters to show only mutual funds with U.S. equities with <.2% expense ratio, I am seeing:
- Vanguard Institutional Index Fund Institutional Plus (VIIIX), a Large Blend with .02% expense
- Vanguard Mid-Cap Index Fund Institutional (VMCIX), a Mid-Cap Blend with .04% expense
- Vanguard Small Cap Index Fund Institutional Plus Class (VSCPX), a Small Blend with .03% expense
Questions:
1) When I pull up these funds on Vanguard's site, they're all showing a minimum investment of 10 to 100 MILLION dollars(?!). Does this mean those minimums are being waived simply because the funds are being offered through her employer?
2) Since most of our portfolio is invested in VTSAX and we'd like to stay as close to that as possible within her 403b, sounds like VIIIX - the Large Blend one with the lowest expense ratio that tracks the S&P 500 - is the obvious choice, yes?