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Author: Philv7 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76406  
Subject: No S&P 500 option in my 401(k) plan Date: 12/19/2007 8:45 PM
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I was planning to transfer my 401(k) investments to an S&P 500 index fund. However, I don't see that option in my company's plan, which is managed by Fidelity. Is it "normal" for 401(k) plans to not offer S&P 500 and other index funds?

Hmmm, what to do?

Thanks,
- Phil
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Author: mrparrotfez Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 60452 of 76406
Subject: Re: No S&P 500 option in my 401(k) plan Date: 12/20/2007 1:41 AM
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It is fairly normal (albeit regrettable). In that case the best you can do is whatever core equity funds they have.

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Author: NevadaGolfer Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 60453 of 76406
Subject: Re: No S&P 500 option in my 401(k) plan Date: 12/20/2007 2:12 AM
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It's not uncommon to have no low cost stock index options in 401k plans. They don't make as much money as the 1-2% expensed managed funds and if the servicing company can get away with it they will. It's up to your company to fight for your best interest and demand a good selection of options or switch to a different 401k servicing company.

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Author: Hohum77 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 60454 of 76406
Subject: Re: No S&P 500 option in my 401(k) plan Date: 12/20/2007 3:50 AM
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I was planning to transfer my 401(k) investments to an S&P 500 index fund. However, I don't see that option in my company's plan, which is managed by Fidelity. Is it "normal" for 401(k) plans to not offer S&P 500 and other index funds?

Hmmm, what to do?

Thanks,
- Phil


Just curious, what are your fund options with Fidelity?

It could be you have a Lifecycle/Target-Year fund(s) available in the 401k. Those funds typically have a % of S&P 500 Index Funds in them.

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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 60455 of 76406
Subject: Re: No S&P 500 option in my 401(k) plan Date: 12/20/2007 10:02 AM
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You need to take this up with the folks in HR who administer employee benefits. Ultimately it is they who will have to deal with Fido and get better fund options in there. My 401(k) plan is also with Fido and we actually have quite a few good 4-star and 5-star funds with reasonable expenses, as well as the Fidelity Spartan S&P 500 index fund. So I know it's possible to craft a good 401(k) with Fidelity.

Your HR people just need to get them.

#29

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Author: djpeteski Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 60456 of 76406
Subject: Re: No S&P 500 option in my 401(k) plan Date: 12/20/2007 10:10 AM
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How about posting your choices?

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