Discover Financial Services 401(k): best low-cost funds
Discover Financial Services 401k Plan · Plan #003 · Riverwoods, IL
Suggested simple Boglehead mix
- US stocks (~60%): SS S&P 500 Index SEC C-ii
- International stocks (~20-30%): SSG ALL CAP Equity Ex-us Index SEC
- Bonds (~10-20%): U.s. Bond Index Sec- C XIV
Example built from fund names in the filing. Confirm these are on your current menu and check their expense ratios. Adjust the bond share for your age and risk tolerance.
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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 |
|---|---|---|---|
| SS S&P 500 Index SEC C-ii index | State Street Global Advisors Trust Company | Common/collective trust | $778.3M |
| Jpmcb U.s. Analyst Fund Cf-a Class | JP Morgan Chase Bank | Common/collective trust | $332.1M |
| SSG ALL CAP Equity Ex-us Index SEC index | State Street Global Advisors Trust Company | Common/collective trust | $297.0M |
| Russell Small/mid CAP Index SEC CII index | State Street Global Advisors Trust Company | Common/collective trust | $221.7M |
| U.s. Bond Index Sec- C XIV index | State Street Global Advisors | Common/collective trust | $218.3M |
| Target Retirement 2035 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $140.0M |
| Invesco Stable Value Trust, Clss B1 | Invesco Trust Company | Common/collective trust | $124.5M |
| Target Retirement 2045 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $119.9M |
| Target Retirement 2055 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $119.3M |
| Target Retirement 2050 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $113.0M |
| Target Retirement 2040 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $108.9M |
| Target Retirement 2030 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $85.0M |
| Loomis Sayles Core Plus Fixd Incm C | Loomis, Sayles Trust CO, LLC | Common/collective trust | $69.2M |
| Target Retirement 2060 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $65.3M |
| Jennison Small/mid CAP Equity Fund | Prudential TR CO Collective TR | Common/collective trust | $56.7M |
| Target Retirement SEC Incm C-V | State Street Global Advisors | Common/collective trust | $54.9M |
| Target Retirement 2025 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $49.2M |
| Target Retirement 2020 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $17.7M |
| Target Retirement 2065 SEC C-V | State Street Global Advisors Trust Company | Common/collective trust | $15.2M |
| Mellon EB Temporary Investmnt FD II | The Bank Of NEW York Mellon | Common/collective trust | $123,463 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $122.6M | 3.8% |
| Common/collective trusts | $3.0B | 93.1% |
| Participant loans | $41.9M | 1.3% |
Fees paid from plan assets
| Investment advisory & management fees | $2.4M |
| Total administrative expenses | $2.4M |
Reported administrative expenses were about 0.079% of average plan assets, or about $88 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 20251006083617NAL0001926915001. EIN 362517428.