Inova Health System Foundation 401(k): best low-cost funds
Inova Health System Retirement Savings Plan · Plan #002 · Fairfax, VA
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.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| FID Growth CO Comm Pool | Fidelity Management Trust Company | Common/collective trust | $316.9M |
| Blackrock Lifepath Index 2050 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $256.2M |
| Blackrock Lifepath Index 2045 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $226.8M |
| Blackrock Lifepath Index 2040 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $206.3M |
| Blackrock Lifepath Index 2035 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $192.1M |
| Blackrock Lifepath Index Retirement index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $192.0M |
| Blackrock Lifepath Index 2055 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $191.1M |
| Blackrock Lifepath Index 2030 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $165.4M |
| Fiam Core Plus CL K | Fidelity Institutional Asset Management Trust Company | Common/collective trust | $111.4M |
| Blackrock Lifepath Index 2060 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $110.3M |
| FID MGD INC Port 4 | Fidelity Management Trust Company | Common/collective trust | $101.9M |
| MID CAP Growth Fund II | Great Gray Trust Company, LLC | Common/collective trust | $73.2M |
| MID CAP Value Fund II | Great Gray Trust Company, LLC | Common/collective trust | $72.7M |
| Blackrock Lifepath Index 2065 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $31.0M |
| Small CAP VAL Fund II | Great Gray Trust Company, LLC | Common/collective trust | $24.9M |
| FID MGD INC Port II | Fidelity Management Trust Company | Common/collective trust | $0 |
| Blackrock Lifepath Index 2025 Fund index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $0 |
| Wilmington Trust CIT Janus Henderso | Wilmington Trust, N.a. | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $1.2B | 33.9% |
| Common/collective trusts | $2.3B | 65.0% |
| Participant loans | $33.7M | 1.0% |
Fees paid from plan assets
| Investment advisory & management fees | $1.4M |
| Total administrative expenses | $1.1M |
Reported administrative expenses were about 0.035% of average plan assets, or about $39 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 20250924113851NAL0002990851001. EIN 541071867.
FAQ
What are the best low-cost funds in the Inova Health System Foundation 401(k)?
The free public data doesn't list enough of the Inova Health System Foundation 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 Inova Health System Foundation 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 Inova Health System Foundation 401(k) plan?
The plan reported about $3.5B in net assets and 29,419 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.
Other health care employers
- Kaiser Foundation Health Plan, Inc.
- Advocate Aurora Health, INC
- Laboratory Corporation Of America Holdings
- Davita Inc.
- HCA Inc.
- Kaiser Foundation Health Plan, Inc.