No. of Recommendations: 2
It homework time!

Our 401(k) is changing plan administrators and we have mostly all new investment options to consider. What you need to do is get the prospectuses(?) for each of the funds, or you can try looking them up at www.morningstar.com . Check out the longer term returns (5 and 10 year). Definately check out the expenses, loads, 12b-1 fees, etc. Read up on the investment strategies for each of the funds. Check out the top holdings and asset allocation for each of your choices. I built a spreadsheet summarizing all this information side by side. This let me narrow down my choices and do "what if" calculations showing my historical returns, total costs, and asset mix for different percentage allocations for my short list of funds and see what comes closer to my idea asset allocation.

Pay particular attention to the expenses. It looks like most of your choices are load funds (hint: if the name ends in A or B, then there are loads). However, this may not be all grim. Check with your plan administrator to see if the loads are waived for these funds. This is sometimes the case, especially with larger company 401(k)s.

It looks like you've given a good deal of thought with already about your asset allocation. It then becomes a research task to pick which specific funds you want to be in. Kudos for starting to save at your age. I wish I had done so at 29. I would be a lot closer to retirement by now. Good luck to you.

foolazis

- cooling down to 110 today
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