Consumers Energy Company 401(k): best low-cost funds
Consumers Energy Company Employees' Savings Plan · Plan #002 · Jackson, MI
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.
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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 |
|---|---|---|---|
| Northern Trust S&P 500 Index Fund index | Northern Trust | Common/collective trust | $827.8M |
| Vanguard TAR RET 2040 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $220.6M |
| Vanguard TAR RET 2045 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $208.0M |
| Vanguard TAR RET 2035 Trust II | Vanguard Fiduciary Trust | Common/collective trust | $205.6M |
| Vanguard TAR RET 2050 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $173.3M |
| Northrn Trust S&P 500 Equity Index index | Northern Trust | Common/collective trust | $166.5M |
| Vanguard TAR RET 2030 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $165.8M |
| Fidelity Managed Income Port II | Fidelity Investments | Common/collective trust | $135.3M |
| Vanguard TAR RET 2055 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $131.5M |
| Vanguard TAR RET 2025 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $112.6M |
| Vanguard TAR RET 2060 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $70.6M |
| Fidelity Inst Asset Mgmt Core Plus | Fidelity Investments | Common/collective trust | $62.3M |
| Vanguard Target Retirement Income | Vanguard Fiduciary Trust Company | Common/collective trust | $31.0M |
| Vvanguard TAR RET 2020 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $29.8M |
| Vanguard TAR RET 2065 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $27.2M |
| Northrn Trust Collective ALL Countr | Northern Trust | Common/collective trust | $24.2M |
| Northern Trust Aggregate Bond Index index | Northern Trust | Common/collective trust | $7.4M |
| Vanguard TAR RET 2070 Trust II | Vanguard Fiduciary Trust Company | Common/collective trust | $3.2M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $201.4M | 7.1% |
| Common/collective trusts | $2.6B | 91.2% |
| Participant loans | $50.2M | 1.8% |
Fees paid from plan assets
| Investment advisory & management fees | $354,718 |
| Other administrative fees | $101,479 |
| Total administrative expenses | $796,387 |
Reported administrative expenses were about 0.030% of average plan assets, or about $80 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 20251002115716NAL0000289827001. EIN 380442310.