Exchange-traded funds haven't made a lot of headway into 401(k) plans, but Tom Lydon of ETF Trends reports on one that focuses on small businesses with less than 50 employees. It's ING Direct's ShareBuilder 401(k) plan, and it offers a menu of 16 funds and five model portfolios. The all-ETF advantage? It's a low-expense product that eliminates transaction fees, according to the head of ING Direct's 401(k) unit.
WisdomTree and iShares also offer all-ETF 401(k) plans.
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TOm of CO 1:52PM December 16, 2008