Investment options of LUMIN8 TRANSPORTATION TECHNOLOGIES, LLC 401(K) PLAN
Total Available Funds: 23
| Investment Description |
|---|
| T. Rowe Price Blue Chip Growth |
| Fidelity 500 Index |
| JPMorgan Equity Income |
| MassMutual MassMutual Mid cap growth I |
| Fidelity Mid Cap Index |
| Fidelity Small Cap Index |
| Fidelity US Bond Index |
| American Century Small Cap Value |
| Invesco International Diversified |
| Principal Small-Cap Growth I |
| MFS Mid Cap Value |
| BlackRock Strategic Income Opps |
| Putnam** Retirement Advantage 2030X |
| Putnam** Retirement Advantage Mat X |
| Putnam** Retirement Advantage 2040X |
| Putnam** Retirement Advantage 2035X |
| Putnam** Retirement Advantage 2045X |
| Putnam** Retirement Advantage 2055X |
| Putnam** Retirement Advantage 2025X |
| Putnam** Retirement Advantage 2050X |
| Putnam** Retirement Advantage 2060X |
| Putnam** Retirement Advantage 2065X |
| through July 2030 – |
Investment model portfolios
We provide two types of investment model portfolios for LUMIN8 TRANSPORTATION TECHNOLOGIES, LLC 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 LUMIN8 TRANSPORTATION TECHNOLOGIES, LLC 401(K) PLAN