- Money Market Fund
- Target Retirement Date Funds
- Bond Fund
- Global Equity Fund
- Environmentally and Socially Conscious Fund
Let's assume an employee saves and invests $5,000 per year for 20 years in a target date retirement fund earning 11% per year:
Here is what that investment looks like if you pay 75 basis points in CalSavers administrative fees yearly
Here is how much better the same investment does if you pay only 25 basis points in Mrs401k administrative fees yearly
The investment in CalSavers yields a retirement account worth $693,537.40 after 20 years. The investment in a Mrs401k.com at TD Ameritrade yields a retirement account worth $766,862.79 after 20 years. This is a difference of $73,325.39 or $3,666.27 per year.