Need help -- messed up retirement plan

[jsk]

Hi

I was working with company A and set up the retirement plan with X. Later i moved on to company B and "A" has switched to Transamerica for retirement plan. During the switching, i had left the auto select option and the i hadn't checked this account for quite sometime. I logged into the account after a long time today and had shock of my self. The account is doing bad. I am comfortable playing around with shares in regular market. However, when it comes to retirement funds, i get lost. Can the kind souls here help me rebalance this account: I am looking at 15-20 years to retire...

This is my current plan:
Eaton Vance High Income Opportunities Ret Acct -- 20%
Transamerica Partners Stock Index Ret Acct -- 30%
SSgA S&P Mid Cap Index Ret Acct -- 10%
TA Vanguard Small-Cap Growth Index Ret Acct -- 10%
Oakmark International Ret Acct -- 30%

These are the funds that are supported by TA:

State Street Russell Large Cap Growth Index Ret Acct
Fidelity Advisor Leveraged Company Stock Ret Acct
Invesco American Value Ret Acct
State Street S&P Mid Cap Index Ret Acct
Franklin Small-Mid Cap Growth Ret Acct
Franklin Small Cap Value Ret Acct
State Street Russell Small Cap Index Ret Acct
TA Vanguard Small-Cap Growth Index Ret Acct
TA Vanguard REIT Index Ret Acct
American Funds New Perspective Ret Acct
MFS International Value Ret Acct
Oakmark International Ret Acct
State Street International Index Ret Acct
Oppenheimer International Small-Mid Company Ret Acct
State Street Emerging Markets Index Ret Acct
BlackRock Health Sciences Ops Ret Acct
Ivy Science & Technology Ret Acct
MFS Utilities Ret Acct
Prudential Jennison Natural Resources Ret Acct
American Funds Balanced Ret Acct
BlackRock Global Allocation Ret Acct
BlackRock Lifepath Index Retirement Ret Acct (Perf. Incp.: 05/30/2011)
BlackRock Lifepath Index 2040 Ret Acct (Perf. Incp.: 05/30/2011)
BlackRock Lifepath Index 2045 Ret Acct (Perf. Incp.: 05/30/2011)
BlackRock Lifepath Index 2050 Ret Acct (Perf. Incp.: 05/30/2011)
BlackRock Lifepath Index 2055 Ret Acct (Perf. Incp.: 05/30/2011)

Thanks much
Jay

[jsk]

or should i consider rolling over to Roth account with TDAmeri or CapitalOne ?
Appreciate any pointers. Thanks

[snafu]

The information offered suggests you are in your 40's. I wish I knew what words I should use that might encourage you to review your holding and Net Worth monthly or even quarterly.

It will take some research but you need to know what are fees overlaid by former employer and Transamerica as well as the fees {MER} from each of the individual MFs you currently hold. They significantly impact increased value and affect compounding. How do these choices mesh with other/current retirement holdings and anything in taxable investments? Do you need 5 funds or are you satisfied with a low fee comprehensive equity [Index], Income/Bond type and comprehensive International MFs or ETFs?

What is company's A's policy, procedure to transfer retirement holdings from Transamerica directly to a retirement program with a low fee like that offered by Vanguard for example. The process of changing providers is wrought with problematic details and each must be done correctly to avoid tax consequences and penalties no matter who makes the error.

[AnotherReader]

Call Vanguard or Fidelity and tell them you want to roll an old 401(k) into a traditional IRA. They will walk you through the necessary paperwork. You are overpaying for poor quality funds with Transamerica and I'm sure their fees are high as well.

A traditional IRA is pre-tax, which your 401(k) likely is as well (i.e. not a Roth 401(k)). If you roll a traditional 401(k) into a Roth, you will have to pay income tax on the total to do so.

[Jluke]

If you haven't already, this would be a good thread to post on bogleheads...

[jsk]

Thank you for taking to respond. I don't have any other retirement funds setup. I have an year's expense in bank account for emergency. And a small amount in stocks

I will reach out to TA as well as Fidelity to help rollover. I will also check Bogleheads.

Thanks. Much appreciated.

[jsk]

It will take some research but you need to know what are fees overlaid by former employer and Transamerica as well as the fees {MER} from each of the individual MFs you currently hold. They significantly impact increased value and affect compounding. How do these choices mesh with other/current retirement holdings and anything in taxable investments? Do you need 5 funds or are you satisfied with a low fee comprehensive equity [Index], Income/Bond type and comprehensive International MFs or ETFs?

I don't need 5 funds. And ok with MFs and index funds. Like you recommended, I will do some research to understand the fees before i roll it over.