Skip to main content

New investments

Image
By scooby
Can someone explain in simple English what is actually happening to the 401(K) plan? Looks to me like we lose, again. It's hard to tell if we have the option to keep our funds with Fidelity-there is some verbage about "if you do not want your existing balances and future contributions to transfer to the similar investment options... contact Fidelity Investments before 4:00 pm..."

Comments

Anonymous said…
Fidelity is still trustee of the accounts. I'm actually less unhappy now that I've read much of the booklet. The 'target retirement' funds are still going to be using the Vanguard funds currently available. But it appears that rather than each individual having their own Vanguard account of record, the 'commingled pool' has a single account and in essence someone is tracking our fractional shares therein. The pool looks like a mega customer to Vanguard so they give it their lowest cost ratio.

I'd probably prefer to have an individual Vanguard account, given the cost difference is only like 0.1%. But at this stage it doesn't appear to be something to howl about.
10/16/2011 9:59 PM
Anonymous said…
Take a look at the "performance" of the new investment options. Truly pitiful. It's no wonder they would not provide this information in advance of stealing our retirement. I wonder how many pals of the LANS Board of Governers are getting rich off of this raid. I'm also appalled at the lack of outrage on the hill. BOHICA!
11/03/2011 7:31 PM
Post a Comment

Popular posts from this blog

Plutonium Shots on NIF.

By scooby
Tri-Valley Cares needs to be on this if they aren't already. We need to make sure that NNSA and LLNL does not make good on promises to pursue such stupid ideas as doing Plutonium experiments on NIF. The stupidity arises from the fact that a huge population is placed at risk in the short and long term. Why do this kind of experiment in a heavily populated area? Only a moron would push that kind of imbecile area. Do it somewhere else in the god forsaken hills of Los Alamos. Why should the communities in the Bay Area be subjected to such increased risk just because the lab's NIF has failed twice and is trying the Hail Mary pass of doing an SNM experiment just to justify their existence? Those Laser EoS techniques and the people analyzing the raw data are all just BAD anyways. You know what comes next after they do the experiment. They'll figure out that they need larger samples. More risk for the local population. Stop this imbecilic pursuit. They wan...
155 comments
Read more

Trump is to gut the labs.

By scooby
The budget has a 20% decrease to DOE office of science, 20% cut to NIH. NASA also gets a cut. This will  have a huge negative effect on the lab. Crazy, juts crazy. He also wants to cut NEA and PBS, this may not seem like  a big deal but they get very little money and do great things.
124 comments
Read more

LLNL un-diversity

By scooby
Actual post from Dec. 15 from one of the streams. This is a real topic. As far as promoting women and minorities even if their qualifications are not as good as the white male scientists, I am all for it. We need diversity at the lab and if that is what it takes, so be it.  Quit your whining. Look around the lab, what do you see? White male geezers. How many African Americans do you see at the lab? Virtually none. LLNL is one of the MOST undiverse places you will see. Face it folks, LLNL is an institution of white male privilege and they don't want to give up their privileged positions. California, a state of majority Hispanics has the "crown jewel" LLNL nestled in the middle of it with very FEW Hispanics at all!
79 comments
Read more