Investment options of MAGNA MACHINE CO. 401(K) PLAN
Total Available Funds: 30
| Investment Option List |
|---|
| ABF Small Cap Val Inv 4 90 shares (SWSMX) |
| Baird Core Plus Bond 13,156 shares (BCOIX) |
| Cohen & Steers Realty 1,186 shares (CSRIX) |
| Fidelity Contrafund 46,378 shares (FCNTX) |
| Fidelity Low Priced Stock Fund 3,741 shares (FLPSX) |
| Harbor International Fund 1,559 shares (HAINX) |
| Janus Balanced Fund Class 1,614 shares (JBALX) |
| Janus Henderson Enterprise Fund Class 2 18 shares (JMGRX) |
| PIMCO Real Return Fund Bond Adm 3,378 shares |
| PGIM High Yield R4 6,602 shares (PHYEX) |
| Virtus Ceredex Mid Cap Value Equity Fund Cla 2,061 shares (SMVTX) |
| Fidelity 500 Index Fund 1,997 shares (FUSEX) |
| Fidelity Ext Market Index Adv 8 88 shares |
| Fidelity Intermediate Treasury Bond 7,425 shares (FIBAX) |
| Fidelity International Index Fund 7 78 shares (FDIVX) |
| Fidelity International Capital Appreciation Fund 1,086 shares (FIVFX) |
| Fidelity Small Cap Growth Fund 6,342 shares (FCIGX) |
| Fidelity International Value 11,224 shares (FIVLX) |
| Fidelity Equity Inc 2,563 shares (FEQIX) |
| T. Rowe Price Dividend Growth Adv 2,568 shares (PRDGX) |
| T. Rowe Price Retirement 2010 4 00 shares (TRRAX) |
| T. Rowe Price Retirement 2020 5,484 shares (TRRBX) |
| T. Rowe Price Retirement 2025 62,538 shares (TRRHX) |
| T. Rowe Price Retirement 2030 35,408 shares (TRRCX) |
| T. Rowe Price Retirement 2035 52,273 shares (TRRJX) |
| T. Rowe Price Retirement 2040 15,070 shares (TRRDX) |
| T. Rowe Price Retirement 2045 9,338 shares (TRRKX) |
| T. Rowe Price Retirement 2050 15,472 shares (TRRMX) |
| T. Rowe Price Retirement 2055 18,805 shares (TRRNX) |
| T. Rowe Price Retirement Balanced Fund 6,083 shares (TRRIX) |
Investment model portfolios
We provide two types of investment model portfolios for MAGNA MACHINE CO. 401(K) 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 MAGNA MACHINE CO. 401(K) PLAN