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The 401k is tied to a Vanguard fund, which Lee says ultimately leads to higher performance than other funds. ... So there's only one (1) fund to available? I

The 401k is tied to a Vanguard fund, which Lee says ultimately leads to higher performance than other funds. ... So there's only one (1) fund to available? I don't think that's necessarily a bad thing, but, if that's the case, what's the reasoning behind this?

roger_lee 11y ago
Thanks for pointing that out -- we're hoping TechCrunch will fix this shortly. Our 401k actually offers dozens of Vanguard funds, and companies can even customize the investment options if they wish.
- myblake 11y ago
  Can individuals customize their investments as well or is it all set at the company level?
  - psawaya 11y ago
    Individuals are free to invest in any of the low-fee Vanguard index funds we include in our plan as they wish.
clamprecht 11y ago
I wonder if they mean 1 fund, or that it's just tied to Vanguard, and offers a set of Vanguard funds. Either way, good that it's Vanguard. Some other providers' fees are highway robbery.
- erichurkman 11y ago
  Fee rate for my IRA funds in Vanguard funds? Around 0.18% or something close. Fee rate for company 401k? 1.56%. Fee rate for previous company's 401k? 1.8% plus monthly account fees plus rebalancing fees.