Inova Health System Foundation 401(k): best low-cost funds
Inova Health System Retirement Savings Plan · Plan #002 · Fairfax, VA
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 |
|---|---|---|---|
| FID Growth CO Comm Pool | Fidelity Management Trust Company | Common/collective trust | $316.9M |
| Blackrock Lifepath Index 2050 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $256.2M |
| Blackrock Lifepath Index 2045 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $226.8M |
| Blackrock Lifepath Index 2040 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $206.3M |
| Blackrock Lifepath Index 2035 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $192.1M |
| Blackrock Lifepath Index Retirement index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $192.0M |
| Blackrock Lifepath Index 2055 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $191.1M |
| Blackrock Lifepath Index 2030 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $165.4M |
| Fiam Core Plus CL K | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $111.4M |
| Blackrock Lifepath Index 2060 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $110.3M |
| FID MGD INC Port 4 | Fidelity Management Trust Company | Common/collective trust | $101.9M |
| MID CAP Growth Fund II | Great Gray Trust Company, LLC | Common/collective trust | $73.2M |
| MID CAP Value Fund II | Great Gray Trust Company, LLC | Common/collective trust | $72.7M |
| Blackrock Lifepath Index 2065 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $31.0M |
| Small CAP VAL Fund II | Great Gray Trust Company, LLC | Common/collective trust | $24.9M |
| FID MGD INC Port II | Fidelity Management Trust Company | Common/collective trust | $0 |
| Blackrock Lifepath Index 2025 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $0 |
| Wilmington Trust CIT Janus Henderso | Wilmington Trust, N.a. | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $1.2B | 33.9% |
| Common/collective trusts | $2.3B | 65.0% |
| Participant loans | $33.7M | 1.0% |
Fees paid from plan assets
| Investment advisory & management fees | $1.4M |
| Total administrative expenses | $1.1M |
Reported administrative expenses were about 0.035% of average plan assets, or about $39 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 20250924113851NAL0002990851001. EIN 541071867.