Investment options of ICON 401K SAVINGS PLAN
Total Available Funds: 23
| Investment Description |
|---|
| American FundsThe Bond Fund of America R6 33,231 shares N/A |
| Fidelity US Bond Index Fund 71,692 shares N/A |
| PIMCO Income Fund Institutional Class 48,083 shares N/A |
| Vanguard Target Ret Income Fund 154,912 shares N/A |
| Vanguard Target Ret 2020 Fund 108,234 shares N/A |
| Vanguard Target Ret 2025 Fund 327,939 shares N/A |
| Vanguard Target Ret 2030 Fund 173,081 shares N/A |
| Vanguard Target Ret 2035 Fund 273,319 shares N/A |
| Vanguard Target Ret 2040 Fund 147,912 shares N/A |
| Vanguard Target Ret 2045 Fund 188,104 shares N/A |
| Vanguard Target Ret 2050 Fund 75,935 shares N/A |
| Vanguard Target Ret 2055 Fund 58,847 shares N/A |
| Vanguard Target Ret 2060 Fund 52,127 shares N/A |
| Vanguard Target Ret 2065 Fund 47,271 shares N/A |
| Vanguard Target Ret 2070 Fund 5,365 shares N/A |
| American Balanced Fund R6 14,486 shares N/A |
| Fidelity 500 Index Fund 30,065 shares N/A |
| Vanguard Equity Income Fund Adm 6,889 shares N/A |
| Fidelity Mid Cap Index Fund 33,742 shares N/A |
| Fidelity Small Cap Index Fund 36,760 shares N/A |
| JP Morgan Large Growth R6 24,372 shares N/A |
| Fidelity International Index Fund 14,239 shares N/A |
| T. Rowe Price Overseas Stock I 25,257 shares N/A |
Investment model portfolios
We provide two types of investment model portfolios for ICON 401K 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 ICON 401K SAVINGS PLAN