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Investment options of UNITED FIRE GROUP 401(k) PLAN
Total Available Funds: 16
| Investment Description |
|---|
| Fidelity Investments Fidelity ADV EO Growth Z Fund |
| JP Morgan Funds JP Morgan Mid Cap Growth R6 Fund |
| T. Rowe Price Funds T. Rowe Price Mid-Cap Value I Fund |
| MFS Investment Management MFS Value R6 Fund |
| Fidelity Investments Fidelity ADV FC Emerging Markets Z |
| Cohen & Steers Cohen & Steers Re Est Sec Z Fd |
| Principal Global Investors Trust Company* Principal LifeTime Hyb 2030 CIT X |
| Principal Global Investors Trust Company* Principal LifeTime HB 2040 CIT X |
| Principal Global Investors Trust Company* Principal LifeTime Hy 2050 CIT X |
| Great Gray Trust Company Large Cap Growth Fund II R1 Fund |
| Principal Global Investors Trust Company* Principal LifeTime Hy 2060 CIT X |
| Principal Global Investors Trust Company* Principal LifeTime Hyb 2020 CIT X |
| Great Gray Trust Company International Equity R1 Fund |
| Principal Global Investors Trust Company* Principal LifeTime Hy Inc CIT X |
| Principal Global Investors Trust Company* Principal LifeTime Hyb 2070 CIT X |
| United Fire Group, Inc* United Fire Group Stock Fund |
Investment model portfolios
We provide two types of investment model portfolios for UNITED FIRE GROUP 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 UNITED FIRE GROUP 401(k) PLAN