Investment options of ASCENSION HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN
Total Available Funds: 17
| Investment Description |
|---|
| VANGUARD VANGUARD INSTITUTIONAL INDEX INSTL PLUS |
| BAIRD BAIRD AGGREGATE BOND INSTL 7 |
| AMERICAN FUNDS AMERICAN FUNDS EUROPACIFIC GROWTH FUND 6 |
| PRINCIPAL PRINCIPAL LARGE CAP GROWTH I INST FUND 5 |
| DODGE & COX DODGE & COX STOCK FUND 5 |
| VANGUARD VANGUARD EXTENDED MARKET INDEX FUND INST PLUS 3 |
| PRUDENTIAL PGIM JENNISON SMALL COMPANY FUND 3 |
| HARTFORD HARTFORD SCHRODERS EMERG MKT EQ SDR 2 |
| LEGG MASON/WESTERN ASSET WESTERN ASSET GL STRATEGIC INC I 1 |
| VANGUARD VANGUARD REIT INDEX INSTL |
| DIMENSIONAL DFA INTERNATIONAL SMALL COMPANY I FUND |
| FIDELITY FIDELITY INFLATION-PROT BD IDX PREM |
| VARIOUS SCHWAB PERSONAL CHOICE RETIREMENT ACCOUNT |
| EMPOWER FUTUREFUNDS SERIES ACCOUNTS |
| EMPOWER GUARANTEED FIXED FUND |
| TRANSAMERICA LIFE INS. CO. GENERAL ACCOUNT |
| TRANSAMERICA CAPITAL PRESERVATION OPTION |
Investment model portfolios
We provide two types of investment model portfolios for ASCENSION HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN participants. You can customize and follow a model portfolio in your plan account.
Types of portfolio strategies
- Strategic asset allocation portfolio: It invests in a diversified portfolio of multiple assets, buy-and-hold without frequently changing the asset allocation weights.
- Suitable: For long-term (more than 15 years, preferably more than 20 years), want to be tax efficient and can withstand interim drawdown or loss as high as 50% or more.
- Pros:
- Less error-prone
- Infrequent rebalancing or transactions
- Tax efficient for taxable brokerage investments
- Cons:
- Interim loss or drawdown can be substantial
- Possible low returns for an extended period, such as 10 years or longer
- Tactical asset allocation portfolio: it invests in a diversified portfolio of multiple assets, dynamically adjust stock and bond allocations to minimize losses during market stress.
- Suitable: For long-term (more than 10 years or preferably longer) capital. Investors are willing to rebalance as frequent as monthly.
- Pros:
- Reduce large interim loss or drawdown
- Less sensitive to investment entry point
- Likely to improve returns
- Cons
- Demand more frequent rebalancing or transactions
- Less tax efficient — more suitable in a tax-deferred account such as 401(k) or IRA
- Can experience a period of lower returns compared to a broad-based strategic allocation or a buy-and-hold benchmark, especially in some bull markets
These portfolios are proactively monitored and rebalanced on a monthly basis when needed, ensuring it remains in line with its target allocation.
Let us know (Email us) if you need help to create a custom model portfolio for your plan.
Retirement Plan (401(k)) Info for ASCENSION HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN