No. of Recommendations: 0
I think the "average expense ratio" is supposed to be the average expense ratio of all similar funds. I don't know how it's calculated - it might be in the fine print but it might not, I don't know. It could be anything from a weighted average to just an average of the epxense ratios of all similar funds in existence, regardless of size. Anyways that's not too relevant. I'm sure there's index funds out there with 1.46% expense ratios, but you and I aren't going to invest in them.

I don't know about your plan, but my company's JH 401(k) seems to add about 0.5% in fees on top of what the underlying mutual funds charge. I don't plan on staying here forever so I'm investing in the max the lowest cost fund they have with the plan of rolling it over to an IRA as soon as I leave.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.