Federal National Mortgage Association 401(k): best low-cost funds
Federal National Mortgage Association Retirement Savings Plan For Employees · Plan #001 · Washington, DC
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 |
|---|---|---|---|
| VG Inst 500 Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $1.3B |
| VG Inst TOT Intl STK | Vanguard Fiduciary Trust Company | Common/collective trust | $405.9M |
| FID Contra Pool CL D | Fidelity Management Trust Company | Common/collective trust | $358.3M |
| VG Inst TOT BD MKT | Vanguard Fiduciary Trust Company | Common/collective trust | $341.4M |
| FID OTC Pool A | Fidelity Management Trust Company | Common/collective trust | $268.4M |
| Vanguard Target 2045 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $148.4M |
| Vanguard Target 2040 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $137.6M |
| Vanguard Target 2035 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $124.3M |
| Vanguard Target 2050 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $108.7M |
| Vang RET SAV TR III | Vanguard Fiduciary Trust Company | Common/collective trust | $97.0M |
| Vanguard Target 2030 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $95.3M |
| Vanguard Target 2055 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $75.1M |
| Vanguard Target 2025 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $54.0M |
| Vanguard Target 2060 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $52.7M |
| Vanguard Target 2020 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $22.6M |
| Vanguard Target 2065 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $21.9M |
| Vanguard Target INC Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $17.6M |
| Vanguard Target 2070 Trust Plus | Vanguard Fiduciary Trust Company | Common/collective trust | $1.2M |
| FID Contra Pool CL A | Fidelity Management Trust Company | Common/collective trust | $0 |
| Vanguard Target 2065 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2060 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2050 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2040 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2045 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2020 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target INC | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2030 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2025 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2055 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2035 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| Vanguard Target 2070 | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
| VG Inst 500 Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $807.5M | 17.5% |
| Common/collective trusts | $3.6B | 79.0% |
| Participant loans | $32.2M | 0.7% |
Fees paid from plan assets
| Contract administrator fees | $900 |
| Investment advisory & management fees | $1.5M |
| Other administrative fees | $11,856 |
| Total administrative expenses | $1.5M |
Reported administrative expenses were about 0.035% of average plan assets, or about $125 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 20251007092002NAL0002339267001. EIN 520883107.