SAS Institute Inc. 401(k): best low-cost funds
SAS Retirement Plan · Plan #001 · Cary, NC
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 |
|---|---|---|---|
| Vang Inst Index Plus index | Vanguard Fiduciary Trust Company | Common/collective trust | $496.9M |
| Jpmcb SR PB 2030 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $404.2M |
| TRP Growth Stock C | T. Rowe Price Trust Company | Common/collective trust | $219.8M |
| Jpmcb SR PB 2040 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $216.2M |
| Jpmcb SR PB 2035 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $208.4M |
| Jpmcb SR PB 2020 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $206.3M |
| Vang IS EXT MKT IDX | Vanguard Fiduciary Trust Company | Common/collective trust | $205.5M |
| MIP II CL 3 | Fidelity Management Trust Company | Common/collective trust | $158.7M |
| Jpmcb SR PB 2045 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $128.0M |
| Jpmcb SR PB 2025 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $116.9M |
| VG IS TOT BD MKT IDX | Vanguard Fiduciary Trust Company | Common/collective trust | $109.9M |
| Jpmcb SR PB 2050 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $102.3M |
| BP MD CAP VAL EQ CIT | Boston Company Asset Mgmt, LLC | Common/collective trust | $93.7M |
| WA Core Plus Bond R3 | Hand Benefits & Trust Company | Common/collective trust | $69.1M |
| Vang DEV MKT IDX TR | Vanguard Fiduciary Trust Company | Common/collective trust | $63.9M |
| Jpmcb SR PB INC CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $60.6M |
| Jpmcb SR PB 2055 CFB | JP Morgan Chase Bank, N.a. | Common/collective trust | $57.3M |
| RT GQG Intl EQ CIT D | Reliance Trust Company | Common/collective trust | $55.7M |
| Jpmcb SR PB 2060 CFB | Jpmorgan Chase Bank, N.a. | Common/collective trust | $37.8M |
| VG IS TL Intl STK MK | Vanguard Fiduciary Trust Company | Common/collective trust | $17.0M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $628.8M | 17.1% |
| Common/collective trusts | $3.0B | 82.5% |
| Participant loans | $15.3M | 0.4% |
Fees paid from plan assets
| Contract administrator fees | $4,800 |
| Investment advisory & management fees | $0 |
| Other administrative fees | $0 |
| Total administrative expenses | $-954,340 |
Reported administrative expenses were about -0.027% of average plan assets, or about $-114 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 20251001145816NAL0031932674001. EIN 561133017.