Banner Health 401(k): best low-cost funds
Banner Health Employees 401(k) Plan · Plan #002 · Phoenix, AZ
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| Fidelity Growth CO Pool | Fidelity Management Trust Company | Common/collective trust | $534.7M |
| Legal And General S&P 500 DC index | Reliance Trust Company Of Delaware | Common/collective trust | $521.3M |
| Comm Pension Trust Fd-dre2035 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $433.3M |
| Comm Pension Trust Fd-dre2030 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $396.5M |
| Comm Pension Trust Fd-dre2040 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $360.3M |
| Comm Pension Trust Fd-dre2025 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $327.8M |
| Comm Pension Trust Fd-dre2045 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $318.3M |
| Comm Pension Trust Fd-dre2020 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $228.1M |
| Comm Pension Trust Fd-2050 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $215.2M |
| Comm Pension Trust Fd-dre INC Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $159.8M |
| Legal And General Msci Eafe A index | Reliance Trust Company Of Delaware | Common/collective trust | $152.5M |
| Blackrock Total Return Bond Fund | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $128.8M |
| Fidelity Mngd Income Portfolio II | Fidelity Management Trust Company | Common/collective trust | $119.7M |
| Comm Pension Trust Fd-2055 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $116.4M |
| Legal And General Russell 2000 index | Reliance Trust Company Of Delaware | Common/collective trust | $111.6M |
| OMM Pension Trust Fd-2060 Jpmcb | Jpmorgan Chase Bank, N.a. | Common/collective trust | $2.0M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $466.1M | 9.5% |
| Common/collective trusts | $4.1B | 83.9% |
| Participant loans | $56.6M | 1.2% |
| Other investments | $269.7M | 5.5% |
Fees paid from plan assets
| Investment advisory & management fees | $1.7M |
| Other administrative fees | $300,570 |
| Total administrative expenses | $4.0M |
Reported administrative expenses were about 0.086% of average plan assets, or about $72 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251002143859NAL0000370131001. EIN 450233470.