International Business Machines Corporation 401(k): best low-cost funds
IBM 401(k) Plan · Plan #005 · Armonk, NY
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 |
|---|---|---|---|
| Vanguard Employee Benefit Index FND index | Vanguard Fiduciary Trust Company | Common/collective trust | $9.3B |
| Vanguard Russell 1000 Growth Indx T index | Vanguard Fiduciary Trust Company | Common/collective trust | $3.1B |
| Vanguard Russell 1000 Value Indx TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $1.1B |
| Vanguard Russell 2000 Growth Indx T index | Vanguard Fiduciary Trust Company | Common/collective trust | $663.6M |
| Vanguard Russell 2000 Value Indx TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $570.1M |
| Bridgewater ALL Weather Portfolio | Bridgewater Associates, LP | 103-12 investment entity | $500.7M |
| State Street Msci India Index Non-l index | State Street Bank And Trust Company | Common/collective trust | $319.9M |
| AQR Global Risk Parity Enhanced LIQ | AQR Capital Management | Common/collective trust | $300.4M |
| Privest | Prudential Insurance CO. | Pooled separate account | $295.8M |
| State Street TRL Msci Emerging Mkts index | State Street Bank And Trust Company | Common/collective trust | $13.0M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $9.2B | 15.5% |
| Common/collective trusts | $15.3B | 25.8% |
| Pooled separate accounts | $295.8M | 0.5% |
| Employer securities (company stock) | $1.3B | 2.1% |
| Common stock (direct) | $19.5B | 32.9% |
| Participant loans | $147.3M | 0.2% |
| Other investments | $493.0M | 0.8% |
Fees paid from plan assets
| Investment advisory & management fees | $29.9M |
| Other administrative fees | $4.5M |
| Total administrative expenses | $36.1M |
Reported administrative expenses were about 0.062% of average plan assets, or about $244 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 20250718120137NAL0000793987001. EIN 130871985.