Investment options of NORTHERN HUMAN SERVICES 403(B) PLAN
Total Available Funds: 41
| Investment Description |
|---|
| American Funds 2010 Target Date Retirement R6 |
| American Funds 2015 Target Date Retirement R6 |
| American Funds 2020 Target Date Retirement R6 |
| American Funds 2025 Target Date Retirement R6 |
| American Funds 2030 Target Date Retirement R6 |
| American Funds 2035 Target Date Retirement R6 |
| American Funds 2040 Target Date Retirement R6 |
| American Funds 2045 Target Date Retirement R6 |
| American Funds 2050 Target Date Retirement R6 |
| American Funds 2055 Target Date Retirement R6 |
| American Funds 2060 Target Date Retirement R6 |
| American Funds 2065 Target Date Retirement R6 |
| American Funds American Balanced R6 |
| American Funds Bond Fund R6 |
| American Funds EUPAC Fund Class R6 |
| American Funds New World R6 |
| Blackrock 80/20 Target Allocation Institutional |
| Calvert Equity I |
| Carillon Clarivest Capital Appreciation Fund – Class I |
| DFA US Core Equity I |
| DFA US Large Cap Value Institutional |
| Federated Hermes Government Obligations Premier |
| Fidelity VIP Growth Port I |
| Fidelity VIP Contrafund Pt I |
| MFS International Diversification Fund R6 |
| MFS Mid Cap Growth R6 |
| PGIM High Yield R6 |
| Pimco International Bond USD-Hedged Instl |
| Principal Short-Term Income Institutional |
| Putnam Small Cap Growth Y |
| T. Rowe Price Dividend Growth |
| T. Rowe Price Spectrum Moderate Growth Allocation |
| Vanguard Inflation Protected Securities Admiral |
| Vanguard Mid Cap Index Fund Admiral |
| Vanguard Small Cap Index Fund Admiral |
| Vanguard Strategic Equity Investor |
| Vanguard Value Index Fund Admiral |
| Vanguard Wellesley Income Admiral |
| Voya T. Rowe Price Divers Mid Cap Growth Pt I |
| Voya Fixed Plus Acct II |
| Voya International High Div Low Volatility Portfolio |
Investment model portfolios
We provide two types of investment model portfolios for NORTHERN HUMAN SERVICES 403(B) 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 NORTHERN HUMAN SERVICES 403(B) PLAN