Microsoft Corporation 401(k): best low-cost funds
Microsoft Corporation Savings Plus 401k Plan · Plan #001 · Redmond, WA
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 |
|---|---|---|---|
| Fidelity Growth CO. Commingled Pool | Fidelity Management Trust Company | Common/collective trust | $7.2B |
| BLK Lifepath Index 2050 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $5.1B |
| Fidelity Contrafund Commingled Pool | Fidelity Management Trust Company | Common/collective trust | $4.4B |
| BLK Lifepath Index 2040 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $4.3B |
| Vanguard Russell 1000 GR Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $3.7B |
| Vanguard Russell 1000 VAL Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $2.1B |
| BLK Lifepath Index 2060 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $2.0B |
| BLK Lifepath Index 2030 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $2.0B |
| Vanguard Russell 2000 GR Index TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $1.6B |
| BLK Lifepath Index 2055 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.5B |
| BLK Lifepath Index 2045 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.2B |
| Short-term Investment Fund | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.1B |
| BLK Lifepath Index Retirement FD F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $764.1M |
| BLK Lifepath Index 2035 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $733.3M |
| BLK Lifepath Index 2065 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $479.6M |
| Spartan Small- MID CAP Value Index index | Geode Capital Management Trust Company, LLC | Common/collective trust | $268.6M |
| Pimco Inflation Response CIT Class | SEI Trust Company | Common/collective trust | $112.1M |
| BLK Lifepath Index 2025 Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $12.8B | 19.5% |
| Common/collective trusts | $38.7B | 59.0% |
| Employer securities (company stock) | $5.1B | 7.7% |
| Common stock (direct) | $7.7B | 11.7% |
| Participant loans | $255.8M | 0.4% |
| Other investments | $24.1M | 0.0% |
Fees paid from plan assets
| Contract administrator fees | $95,850 |
| Investment advisory & management fees | $31.8M |
| Other administrative fees | $611,947 |
| Total administrative expenses | $32.3M |
Reported administrative expenses were about 0.054% of average plan assets, or about $181 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 20250627162504NAL0005423731001. EIN 911144442.