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Financial Planning / Foolish 401(k)s
|Subject: Fund prospectus disclosure||Date: 6/8/2001 4:04 PM|
|Author: pbreyer||Number: 12203 of 25223|
I've recently changed jobs and my new employer's 401(k) administrator
MetLife has so far refused to send any fund prospectuses (prospectii?)
to me. They have provided little two page blurbs that cover much of
what the prospectus does, but I was under the impression that they
were legally obligated to provide the prospectus. Am I mistaken?
There are 12 funds to choose from, and some of them have these
qualifying statements on them stating what the "underlying" fund was
and there is a column listing the operating expenses of the
I can search out and find prospectuses on the web of 8 of the 12
funds, but 4 are listed as MetLife/UAM and I can find neither hide
nor hair of them.
I'm sorry to report that there are no index funds listed, not very
Foolish, I'm afraid.
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