Penn State Health 401(k): best low-cost funds
Penn State Health 401(k) Savings Plan · Plan #001 · Hershey, PA
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 |
|---|---|---|---|
| T.rowe Price RET 2030 SA | Empower Annuity Insurance Company | Pooled separate account | $241.9M |
| T.rowe Price RET 2035 SA | Empower Annuity Insurance Company | Pooled separate account | $238.9M |
| T.rowe Price RET 2040 SA | Empower Annuity Insurance Company | Pooled separate account | $232.0M |
| T.rowe Price RET 2045 SA | Empower Annuity Insurance Company | Pooled separate account | $229.6M |
| T.rowe Price RET 2050 SA | Empower Annuity Insurance Company | Pooled separate account | $204.5M |
| Tiaa Real Estate | Tiaa-cref | Pooled separate account | $177.6M |
| T.rowe Price RET 2025 SA | Empower Annuity Insurance Company | Pooled separate account | $148.7M |
| T.rowe Price RET 2055 SA | Empower Annuity Insurance Company | Pooled separate account | $141.5M |
| TCW Metwest Total Return Bond C | TCW Investment Management Company | Common/collective trust | $89.0M |
| Jpmcb Large CAP Growth CF2 | JP Morgan Funds | Common/collective trust | $87.8M |
| T.rowe Price RET 2060 SA | Empower Annuity Insurance Company | Pooled separate account | $70.1M |
| T.rowe Price RET 2020 SA | Empower Annuity Insurance Company | Pooled separate account | $69.4M |
| Jpmcb Core Plus Bond Fund CF | JP Morgan Funds | Common/collective trust | $65.8M |
| T.rowe Price RET 2015 SA | Empower Annuity Insurance Company | Pooled separate account | $21.6M |
| T.rowe Price RET 2065 SA | Empower Annuity Insurance Company | Pooled separate account | $21.1M |
| American Century US MID CAP Value | SEI CT OR SVF | Common/collective trust | $12.6M |
| T.rowe Price RET 2010 SA | Empower Annuity Insurance Company | Pooled separate account | $11.1M |
| T.rowe Price RET 2005 SA | Empower Annuity Insurance Company | Pooled separate account | $7.2M |
| T.rowe Price RET 2055 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2035 Trust B | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2060 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2030 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2040 Trust B | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2050 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2015 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2035 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2065 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2005 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2025 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2040 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2045 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2020 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
| T.rowe Price RET 2010 Tr-c | T.rowe Price Collective Trust | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $651.9M | 22.3% |
| Common/collective trusts | $255.3M | 8.7% |
| Pooled separate accounts | $1.8B | 62.0% |
| Insurance co. general account | $146.0M | 5.0% |
| Participant loans | $22.0M | 0.8% |
| Other investments | $35.2M | 1.2% |
Fees paid from plan assets
| Investment advisory & management fees | $396,961 |
| Total administrative expenses | $751,094 |
Reported administrative expenses were about 0.027% of average plan assets, or about $35 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 20250729100026NAL0007067362001. EIN 473769205.