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Banner Health 401(k): best low-cost funds

Banner Health Employees 401(k) Plan · Plan #002 · Phoenix, AZ

Not financial advice. This page is educational and built from public government filings. Confirm every fund and fee in your plan's official materials before acting.
$4.9Bnet assets (end of plan year)
54,905participants with balances
56,849active participants
2024-12-31plan year end

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.

FundManagerTypePlan's holding
Fidelity Growth CO PoolFidelity Management Trust CompanyCommon/collective trust$534.7M
Legal And General S&P 500 DC indexReliance Trust Company Of DelawareCommon/collective trust$521.3M
Comm Pension Trust Fd-dre2035 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$433.3M
Comm Pension Trust Fd-dre2030 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$396.5M
Comm Pension Trust Fd-dre2040 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$360.3M
Comm Pension Trust Fd-dre2025 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$327.8M
Comm Pension Trust Fd-dre2045 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$318.3M
Comm Pension Trust Fd-dre2020 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$228.1M
Comm Pension Trust Fd-2050 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$215.2M
Comm Pension Trust Fd-dre INC JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$159.8M
Legal And General Msci Eafe A indexReliance Trust Company Of DelawareCommon/collective trust$152.5M
Blackrock Total Return Bond FundBlackrock Institutional Trust Company, N.a.Common/collective trust$128.8M
Fidelity Mngd Income Portfolio IIFidelity Management Trust CompanyCommon/collective trust$119.7M
Comm Pension Trust Fd-2055 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$116.4M
Legal And General Russell 2000 indexReliance Trust Company Of DelawareCommon/collective trust$111.6M
OMM Pension Trust Fd-2060 JpmcbJpmorgan Chase Bank, N.a.Common/collective trust$2.0M

How plan assets are invested

Category (Schedule H)AmountShare
Registered investment companies (mutual funds)$466.1M9.5%
Common/collective trusts$4.1B83.9%
Participant loans$56.6M1.2%
Other investments$269.7M5.5%

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.

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