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Author: W401K Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79718  
Subject: Re: Simple 401k Part 2 Date: 3/20/2004 4:41 PM
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The reason you can not find these funds on Morningstar, is that they are not mutual funds, They are insurance company separate accounts that are designed to mimic the mutual funds they are named after. For instance, you mentioned the American Funds Insurance Series. American funds is one of the best mutual fund families out there, superior performance and below average expenses. They have created a series of options that are sold via an insurance company. They may have similar names as the actual mutual funds, but they can have different managers, different holdings, and they do have different expenses. They do not have ticker symbols, so you can not track them on a third party web site or in the newspaper. You can try to track the fund it is named after to give a general idea of how your fund should be doing.
The advisor who sold this to your company really did a disservice by going into a group annuity with a retirement plan. You should inquire as to how much he was paid, vs how much he would have been paid if he offered a mutual fund based solution.
If you provide a list of the funds offered, I'm sure some Fools will offer assistance in asset allocation. The good news is that American Funds is one of the top money managers in the country, there insurance labled options should be superior to others, again, a list of the specific funds offered via American and the others will be helpful

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