What is the name of the J&J 401k MANAGEMENT COMPANY?

[anonymous]

Why isn't the name found on any documentation?
Also, the plan is so poorly designed.
No normal ETFs that follow S&P 500, no good index funds.
The target funds underperform compared to regular S&P 500. Why not create normal plans with great choices that Vanguard or Fidelity can provide?

 

[anonymous]

Go to your investments and click on a fund you are invested in. It will pull up the prospectus for that asset and list the fund manager(s). Most offerings under the JnJ savings plan include multiple managers unfortunately. This not only causes higher fees and expenses but the fund itself changes investment holdings often. I’ve found that you really need to track and stay informed vs holding investments at other firms like vanguard. It is NOT set it and forget it.

 

[anonymous]

Bernie Madoff & Sons

Why isn't the name found on any documentation?
Also, the plan is so poorly designed.
No normal ETFs that follow S&P 500, no good index funds.
The target funds underperform compared to regular S&P 500. Why not create normal plans with great choices that Vanguard or Fidelity can provide?

 

[anonymous]

Why isn't the name found on any documentation?
Also, the plan is so poorly designed.
No normal ETFs that follow S&P 500, no good index funds.
The target funds underperform compared to regular S&P 500. Why not create normal plans with great choices that Vanguard or Fidelity can provide?

Because JnJ HR getting better kickbacks from State Street than from vanguard or Fidelity

 

[anonymous]

Just checking a box