Investment options of SPS 401(K) PLAN
Total Available Funds: 26
| Investment Description |
|---|
| AB Small Cap Growth Portfolio Class I |
| BlackRock LifePath Index 2065 Fund Institutional Shares |
| BlackRock LifePath Index 2060 Fund Class K Shares |
| BlackRock LifePath Index 2055 Fund Class K Shares |
| BlackRock LifePath Index 2050 Fund Class K Shares |
| BlackRock LifePath Index 2045 Fund Class K Shares |
| BlackRock LifePath Index 2040 Fund Class K Shares |
| BlackRock LifePath Index 2035 Fund Class K Shares |
| BlackRock LifePath Index 2030 Fund Class K Shares |
| BlackRock LifePath Index 2025 Fund Class K Shares |
| BlackRock Commodity Strategies Portfolio Institutional Shares |
| Dodge & Cox Stock Fund Class I |
| Dodge & Cox Income Fund Class I |
| Eaton Vance Floating- Protected Bond |
| Fidelity International |
| Fidelity Emerging Markets |
| Fidelity Inflation-Protected Bond |
| Goldman Sachs Small Cap Value Insights Fund Class R6 |
| Harbor Capital Appreciation Fund Institutional Class |
| iShares U.S. Aggregate Bond Index Fund Class K |
| Principal Short Term Income Fund Institutional Class |
| Vanguard Large Cap Index Fund Admiral Shares |
| Vanguard Value Index Fund Admiral Shares |
| Vanguard Small Cap Index Fund Admiral Shares |
| Vanguard Stock Maret Index Fund Admiral Shares |
| Voya High Yield Bond Fund Class I |
Investment model portfolios
We provide two types of investment model portfolios for SPS 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 SPS 401(K) PLAN