Investment options of STEP UP SUNCOAST, INC. 403(B) PLAN
Total Available Funds: 33
| Investment Description |
|---|
| Fixed Account |
| American Funds The Bond Fund of America Class R4 |
| American Funds The Growth Fund of America Class R4 |
| American Funds Washington Mutual Investors Class R4 |
| Fidelity VIP Growth Portfolio |
| Loomis Sayles Small Cap Value Retail |
| Voya Global High Dividend Low Volatility Portfolio Class I |
| Voya Growth and Income Portfolio Class I |
| Voya High Yield Portfolio Class S |
| Voya Large Cap Growth Portfolio |
| Voya Russell Large Cap Value Index Portfolio Class S |
| Voya Solution 2035 Portfolio |
| Voya Solution 2045 Portfolio |
| Voya Solution Aggressive Portfolio I |
| Voya Solution Balanced Portfolio I |
| Voya Global Insights Portfolio |
| VY JPMorgan Emerging Markets Equity Portfolio |
| VY JPMorgan Mid Cap Value Portfolio |
| VY T. Rowe Price Diversified Mid Cap Growth Portfolio |
| Principal Fixed Income Guaranteed Option |
| Fidelity Advisor High Income Advantage Fund |
| Fidelity US Bond Index |
| Fidelity |
| Fidelity Mid Cap |
| Fidelity Small Cap |
| Invesco Small Cap Value Fund |
| JPMorgan Large Cap Growth Fund |
| Neuberger Berman Large Cap Value Fund |
| PGIM Jennison Small Comp Fund |
| Fidelity International |
| New World Fund Inc |
| American Balanced Fund |
| Fidelity Freedom Index 2040 Fund |
Investment model portfolios
We provide two types of investment model portfolios for STEP UP SUNCOAST, INC. 403(B) 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 STEP UP SUNCOAST, INC. 403(B) PLAN