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Hy-vee, Inc. 401(k): best low-cost funds

The Hy-vee And Affiliates 401(k) Plan · Plan #002 · West DES Moines, IA

Not financial advice. This page is educational and built from public government filings. Confirm every fund and fee in your plan's official materials before acting.
$3.1Bnet assets (end of plan year)
57,133participants with balances
55,933active participants
2025-09-28plan year end

Suggested simple Boglehead mix

The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.

Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.

Pooled funds named in the filing (Schedule D)

These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.

FundManagerTypePlan's holding
Prin Lifetime HY 2030 CIT TPrincipal Global Investors Trust COCommon/collective trust$444.9M
Prin Lifetime HY 2050 CIT TPrincipal Global Investors Trust COCommon/collective trust$398.0M
Prin Lifetime HY 2040 CIT TPrincipal Global Investors Trust COCommon/collective trust$312.7M
Prin Lgcp S&P 500 Index Sa-z indexPrincipal Life Insurance CompanyPooled separate account$211.0M
Prin Lifetime HY 2020 CIT TPrincipal Global Investors Trust COCommon/collective trust$177.0M
Prin Midcap Sa-classicPrincipal Life Insurance CompanyPooled separate account$148.8M
Clearbridge LR CP Grwth CIT R3Great Gray Trust CompanyCommon/collective trust$107.1M
Prin Lifetime HY 2060 CIT TPrincipal Global Investors Trust COCommon/collective trust$102.0M
Principal Stable Value Z FundPrincipal Global Investors Trust COCommon/collective trust$88.3M
Prin Smcap S&P 600 Index Sa-z indexPrincipal Life Insurance CompanyPooled separate account$88.2M
Prin Lifetime HY 2055 CIT TPrincipal Global Investors Trust COCommon/collective trust$81.4M
Prin Lifetime HY INC CIT TPrincipal Global Investors Trust COCommon/collective trust$64.2M
Prin Lifetime HY 2045 CIT TPrincipal Global Investors Trust COCommon/collective trust$60.8M
Prin Lifetime HY 2035 CIT TPrincipal Global Investors Trust COCommon/collective trust$59.5M
Principal U.s. Property Sa-zPrincipal Life Insurance CompanyPooled separate account$54.4M
Prin Lifetime HY 2025 CIT TPrincipal Global Investors Trust COCommon/collective trust$47.3M
Prin Intl EQ Separate Acct-zPrincipal Life Insurance CompanyPooled separate account$44.3M
Prin Lifetime HY 2065 CIT TPrincipal Global Investors Trust COCommon/collective trust$43.0M
Prin Midcap Value I Sa-zPrincipal Life Insurance CompanyPooled separate account$34.9M
Core Plus Bond SEP Act-classicPrincipal Life Insurance CompanyPooled separate account$33.8M
Prin Smcap Growth I SEP Acct-zPrincipal Life Insurance CompanyPooled separate account$30.4M
Prin Midcap S&P 400 IDX Sa-z indexPrincipal Life Insurance CompanyPooled separate account$19.4M
Prin Smcap Value II SEP Acct-zPrincipal Life Insurance CompanyPooled separate account$16.6M
Prin Lifetime HYB 2070 CIT TPrincipal Global Investors Trust COCommon/collective trust$7.6M
Prin Lifetime HY 2015 CIT TPrincipal Global Investors Trust COCommon/collective trust$7.0M
Principal LT ST INC CIT TR VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2020 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2030 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2040 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2050 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2060 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2025 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0
Principal LT 2070 CIT Tier VPrincipal Global Investors Trust COCommon/collective trust$0

How plan assets are invested

Category (Schedule H)AmountShare
Registered investment companies (mutual funds)$141.1M4.5%
Common/collective trusts$2.0B64.4%
Pooled separate accounts$681.8M21.9%
Employer securities (company stock)$153.9M5.0%
Participant loans$51.6M1.7%
Other investments$40.8M1.3%

Fees paid from plan assets

Contract administrator fees$3.4M
Other administrative fees$10,545
Total administrative expenses$3.4M

Reported administrative expenses were about 0.113% of average plan assets, or about $60 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.

Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20260211093024NAL0006601170001. EIN 420325638.

FAQ

What are the best low-cost funds in the Hy-vee, Inc. 401(k)?

The free public data doesn't list enough of the Hy-vee, Inc. plan's index funds to say. Look in your plan's fee disclosure (404a-5 notice) for a US stock index fund, an international index fund and a bond index fund with low expense ratios.

Can I build a three-fund portfolio in the Hy-vee, Inc. 401(k)?

Possibly. Many large plans offer the three building blocks, but the public data for this plan doesn't confirm it. A low-cost target-date index fund is a common one-fund alternative.

How big is the Hy-vee, Inc. 401(k) plan?

The plan reported about $3.1B in net assets and 57,133 participants with balances for plan year 2024, according to its DOL Form 5500 filing.

Where does this data come from?

From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.

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