First of all, congratulations on starting investing at such an early age. With just a little knowledge, you will be WELL on your way to a happy retirement. A few suggestions:
What are the Expense Ratios (ER) for your mutual funds? Some of them seem to me like they may be expensive. While you are at it, you may want to list all the funds available in your 401k as well as their expense ratios.
I encourage you to invest in a taxable account, but special attention should be paid to the funds held in a taxable account. I wouldn't put a Target Retirement fund in taxable. The problem isn't the expense of taxes NOW, while you have $5k in it. The problem is that in 20 years, the fund will have grown considerably AND it will have SIGNIFICANTLY more bonds (due to being closer to retirement). Then you are left either paying extremely high capital gains taxes to get out of the tax inefficient fund, or living with the tax consequences.
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