iQ401k https://iq401k.com/

Investment Options

Because of our open architecture setup, we are able to select from over 10,000 investments.  We design investment lineups that consist of about 30 to 40 low-cost institutional class funds with an average expense ratio of about 0.10% to 0.15%.  We generally exclude funds that charge commissions or participate in revenue sharing.  We aim to design well-diversified fund lineups that represent most major asset classes, but selection varies with each plan.

We use fiduciary software to monitor funds we select.  Funds receive a Fiduciary Score that evaluates funds on nine different criteria across the spectrum of quantitative data points to determine a minimum fiduciary standard of care is being met.  The nine criteria include:

  • Regulatory oversight
  • Track record
  • Assets in the investment
  • Stability of the organization
  • Composition consistency with asset class
  • Style consistency
  • Expense ration/fees relative to peers
  • Risk-adjusted performance relative to peers
  • Performance relative to peers

DIMENSIONAL MUTUAL FUNDS

Select List of Dimensional Funds Made Available Through iQ401k Platform

Fund NameTickerFund ClassExpense Ratio
Dimensional US Equity Funds
Dimensional US Large ValueDFLVXInstitutional Class Shares0.21%
Dimensional US High ProfitabilityDURPXInstitutional Class Shares0.23%
Dimensional US Targeted ValueDFFVXInstitutional Class Shares0.29%
Dimensional US Smal Cap GrowthDSCGXInstitutional Class Shares0.31%
Dimensional Internationl and Emerging Markets Equity Funds
Dimensional International ValueDFIVXInstitutional Class Shares0.28%
Dimensional International High ProfitabilityDIHRXInstitutional Class Shares0.30%
Dimensional International Small Cap ValueDISVXInstitutional Class Shares0.44%
Dimensional International Small Cap GrowthDISMXInstitutional Class Shares0.50%
Dimensional Emerging Markets ValueDFEVXInstitutional Class Shares0.44%
Dimensional Global Equity Funds
Dimensional Global EquityDGEIXInstitutional Class Shares0.25%
Dimensional Global 60/40 AllocationDGSIXInstitutional Class Shares0.24%
Dimensional Global Real EstateDFGEXInstitutional Class Shares0.22%
Dimensional Fixed Income Funds
Dimensional Investment GradeDFAPXInstitutional Class Shares0.19%

TARGET DATE FUNDS

Select List of Target Date Funds Made Available Through iQ401k Platform

Fund NameTickerFund ClassExpense Ratio
Vangaurd Target Retirement 2045VTIVXInstitutional Class Shares0.08%
Vanguard Target Retirement 2050VFIFXInstitutional Class Shares0.08%
Vanguard Target Retirement 2055VFFVXInstitutional Class Shares0.08%
Vanguard Target Retirement 2060VTTSXInstitutional Class Shares0.08%

VANGUARD FUNDS

Select List of Vanguard Funds Made Available Through iQ401k Platform

Fund NameTickerFund ClassExpense Ratio
Vanguard US Equity Funds
Vanguard Dividend Apreciation IndexVDADXAdmiral Class Shares0.08%
Vanguard 500 IndexVFIAXAdmiral Class Shares0.04%
Vanguard Value IndexVVIAXAdmiral Class Shares0.05%
Vanguard Growth IndexVIGAXAdmiral Class Shares0.05%
Vanguard Mid Cap IndexVIMAXAdmiral Class Shares0.05%
Vanguard Mid Cap Value IndexVMVAXAdmiral Class Shares0.07%
Vanguard Small Cap IndexVSMAXAdmiral Class Shares0.05%
Vanguard Small Cap Value IndexVSIAXAdmiral Class Shares0.07%
Vanguard REIT IndexVGSLXAdmiral Class Shares0.12%
Vanguard International and Emerging Markets Equity Funds
Vanguard Developed Markets IndexVTMGXAdmiral Class Shares0.07%
Vanguard International ExplorerVINEXInvestor Class Shares0.41%
Vanguard International Value PortfolioVTRIXInvestor Class Shares0.38%
Vanguard Emerging Markets Stock IndexVEMAXAdmiral Class Shares0.14%
Vanguard Fixed Income Funds
Vanguard Short Term Invesment GradeVFSUXAdmiral Class Shares0.10%
Vanguard Intermediate Term TreasuryVFIUXAdmiral Class Shares0.10%
Vanguard Intermediate Term Bond IndexVBILXInvestor Class Shares0.07%
Vanguard High Yield CorporateVWEAXAdmiral Class Shares0.13%
Vanguard Core Funds
Vanguard Total International Bond IndexVTABXAdmiral Class Shares0.11%
Vanguard Total Bond IndexVBTLXAdmiral Class Shares0.05%
Vanguard Total Int’l Stock Market IndexVTIAXAdmiral Class Shares0.11%
Vanguard Total Stock Market IndexVTSAXAdmiral Class Shares0.04%
Vanguard Money Market Fund
Vanguard Federal Money Market FundVMFXXInvestor Class 0.11%

Why We Include Dimensional

Dimensional’s investment solutions are designed to help investors achieve their long-term goals.  They focus on adding value over the benchmark indices with an investment style that is active and systematic, but different than conventional active management.  Their investment approach is to structure their strategies around sources of higher expected returns—size, value, and profitability—that have been shown through rigorous theoretical and empirical research to be pervasive across markets, persistent over time, and cost-effective to capture in a live portfolio.  Through a systematic and transparent investment process, Dimensional pursues better outcomes by using information in market prices and company fundamentals to identify securities with higher expected returns while skillfully managing the tradeoffs between premiums and costs.

They also share many of the benefits of indexing—low cost, low turnover, high diversification, and transparency—without the constraints and price impacts around rebalancing events.  By taking the best aspects of indexing and active management and merging them with robust, innovative implementation, they aim to beat benchmarks and the funds and investment vehicles that track them.