Northwestern Memorial Healthcare 401(k): best low-cost funds
Northwestern Memorial Employee 401(k) Pre-tax Savings Plan · Plan #003 · Chicago, IL
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 |
|---|---|---|---|
| Target Retirement 2035 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $514.6M |
| Growth Company Commingled Pool | Fidelity Management Trust Company | Common/collective trust | $502.6M |
| Target Retirement 2030 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $494.5M |
| Target Retirement 2040 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $482.2M |
| Target Retirement 2050 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $470.9M |
| Target Retirement 2045 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $464.8M |
| Target Retirement 2055 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $382.4M |
| Target Retirement 2025 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $334.8M |
| Target Retirement 2060 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $203.4M |
| Target Retirement 2020 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $156.4M |
| Large CAP Value Equity Fund | Boston Partners Trust Company | Common/collective trust | $72.1M |
| Target Retirement Income TR Select | Vanguard Fiduciary Trust Company | Common/collective trust | $66.7M |
| Target Retirement 2065 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $66.6M |
| Diversified Real Asset CIT | Principal Global Investors Trust Company | Common/collective trust | $15.7M |
| Insight NSL Global Core Plus-us HED | The Bank Of NEW York Mellon | Common/collective trust | $6.5M |
| Target Retirement 2070 Trust Select | Vanguard Fiduciary Trust Company | Common/collective trust | $3.4M |
| Wtc-ctf II MID CAP Opportunities S3 | Wellington Trust Company, NA | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $988.0M | 18.2% |
| Common/collective trusts | $4.2B | 78.0% |
| Participant loans | $54.3M | 1.0% |
| Other investments | $154.7M | 2.8% |
Fees paid from plan assets
| Investment advisory & management fees | $70,000 |
| Total administrative expenses | $2.4M |
Reported administrative expenses were about 0.047% of average plan assets, or about $45 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 20250813083153NAL0007958803001. EIN 363152959.