Investment options of SUMMIT 7 SYSTEMS 401(K) PLAN
Total Available Funds: 39
| Investment Description |
|---|
| Fidelity Investments FA International Capital Appreciation Class I |
| Fidelity Investments FA Growth Opportunities Class I |
| Fidelity Investments FA Value Strategies Fund – Class A |
| Fidelity Investments FA Small Cap Growth Fund – Class A |
| Fidelity Investments FID US Bond |
| Fidelity Investments FA Asset Manager 50% Class I |
| Fidelity Investments FA Asset Manager 70% Class I |
| Fidelity Investments FA Asset Manager 85% Class I |
| Fidelity Investments FA Stock Selector Small Cap Class I |
| Fidelity Investments FA Stock Selector Mid Cap Class I |
| Fidelity Investments FID Small Cap Value |
| Fidelity Investments FID Large Cap Value |
| Fidelity Investments FID Mid Cap Value |
| Fidelity Investments FID Large Cap Growth |
| Fidelity Investments FID |
| Fidelity Investments FID Freedom Index 2025 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2030 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2035 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2040 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2045 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2050 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2055 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2060 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2065 Fund Investor Class |
| Fidelity Investments FID Freedom Index 2070 Fund Investor Class |
| American Century AC Small Cap Value Fund R5 Class |
| American Century AC Large Cap Equity Class I |
| American Funds AF Fundamental Investors Class R-5E |
| American Funds AF The Growth Fund of America Class R-5E |
| American Funds AF Capital World Growth and Income Fund |
| American Funds AF New World Fund R4 |
| Allspring AS Special Mid Cap Value Fund Class R6 |
| BlackRock Equity Dividend Fund |
| BlackRock Global Allocation Fund Class I |
| Franklin Mutual Franklin Mutual Global Discovery Fund Class Z |
| Janus Henderson Enterprise Fund Class I |
| MFS Investments MFS Value Fund Class R4 |
| MFS Investments MFS Mid Cap Growth Fund Class R4 |
| PIMCO Income Fund Institutional Class |
Investment model portfolios
We provide two types of investment model portfolios for SUMMIT 7 SYSTEMS 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 SUMMIT 7 SYSTEMS 401(K) PLAN