I'm about to become a profit sharing member of a large multispecialty clinic and will become eligible for their 401k. The service is run by Prudential. Looking through the prospectus on their relatively limited investments, they have essentially zero low-cost options. The lowest cost option is 0.32% for thee Dryden S&P 500 Index Fund. Everything else is up around 1% or even up to 2.5%. I feel like this is absolutely ridiculous but nobody else seems to think it is a big deal. When asked if they think the 401k is good, they typically say they think so because they are getting between 5-8% annual growth. I just want to grab them and shake them.
What options do I have as a W2 employee with no 1099 income?
What options do I have as a W2 employee with no 1099 income?
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