Employee Fiduciary gives employers the freedom to offer the lowest-cost index funds on the market thru a preset fund menu called the EF Smart Plan.*

The EF Smart Plan is modeled after the federal Thrift Savings Plan (TSP), which covers 3.6 million federal employees. The TSP has six types of investments: a fixed income fund, a bond fund, an S&P 500 index fund, a small-cap index fund, an international index fund, and low cost lifestyle funds. As the largest defined-contribution plan in America, the TSP has the lowest investment costs (0.06%) in the nation.

The EF Smart Plan offers the same investment categories as the TSP and has the lowest average expense ratio (0.20%) of any diversified mutual fund line-up offered to small business in the nation.

 
 

 

  
 


Sample EF Smart Plan Low-Cost Investments (w/ Index Funds)

Investment Categories

Symbol

Expense Ratio

Turnover

 

Benchmark


         

 Fixed Income/Money Market:

         
    Vanguard Prime Money Market
VMMXX
0.30%
NA

NA
         

 Bond Index Funds:

    Dreyfus Bond Index Basic Shares

DBIRX

0.15%

45%

 

Barclay's Capital Aggregate

    Vanguard Total Bond Market Index

VBMFX

0.20%

64%

 
Barclay's Capital Aggregate

    Vanguard Long Term Treasury

VUSTX

0.24%

25%

 

Barclay's Long Treasury Index

           

 S&P 500/Large Cap Index Funds:

    Fidelity Spartan 500 Equity Index

FUSEX

0.10%

4%

 

S&P 500 Index

    Vanguard 500 Index

VFINX

0.18%

2%

 

S&P 500 Index

       

  Small Cap Index Funds:

    Fidelity Spartan Ext. Mrkt. Index

FSEMX

0.10%

18%

 

Wilshire 4500 Comp. Index

    Vanguard Ext. Mrkt. Index

VEXMX

0.25%

27%

 

Wilshire 4500 Comp. Index

 

 International Equity Index Funds:

    Fidelity Spartan Int'l Index

FSIIX

0.10%

31%

 

EAFE

    Vanguard Developed Markets Index Fund

VDMIX

0.15%

14%

 

EAFE

 

 Lifecycle Funds:

    Vanguard Target Retirement 2005 (income)

VTOVX

0.21%

19%

NA

    Vanguard Target Retirement 2010
VTENX
0.20%
NA

NA

    Vanguard Target Retirement 2020
VTWNX
0.20%
NA

NA

    Vanguard Target Retirement 2030
VTHRX
0.21%
NA

NA

    Vanguard Target Retirement 2040
VFORX
0.21%
NA

NA

 
  * This is an illustration of a diversified set of low-cost investments, consistent with the requirements of Section 404(c). Other mutual funds are available. Employers may add or substitute any open, NSCC compliant, publically traded mutual funds and share classes on the major U.S. exchanges (36,000+ choices) without any loads, transaction costs or additional fees.
 

 

 Employee Fiduciary does not offer investment advice and makes no representation, either explicit or implied, regarding the suitability of specific investments, funds or family of funds for individual investors. Employee Fiduciary has no affiliation with any fund, including those mentioned, and accepts no revenue from these vendors or any other vendor with whom it works.