Quote:
Originally posted by Mmmm, Burger (C.J.)
Vanguard operates some funds with admin. costs approaching the levels that the federally run TSP does, which has a much larger base (most of the federal pension system).
|
Managed funds, or indexed funds? Indexed funds, which is what Vanguard is famous for, are always insanely cheap to run.
I'm curious what Vanguard/Fidelity/whatever other large mutual fund industry's asset base is as compared to the TSP. TSP is no doubt the largest single retirement plan, but there are a whole lot aggregated w/Vanguard etc. Of course, I guess many of the very largest non-fed-gov't employers don't offer commercial mutual funds as the main investment options b/c the money is too big, so maybe Vanguard/Fidelity don't have as much even in the aggregate.
