Accenture 401k offers “vanguard institutional 500 index trust” instead of just VFIAX or the VOO equivalent. What’s the difference with institutional shares? Same with the international option, it’s an “institutional trust” and not VTIAX or the VXUS equivalent. Neither option have a ticker symbol?

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My understanding is that, since ACN has a large pool of money collectively invested, employees are offered institutional shares. The expense ratios are lower, which is good, and I think that’s the only material difference, but I could be missing something.

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Inbeleive this is correct. Most of our fund options are trusts now. I believe that they function the same as mutual funds but are lower fees.

It’s fine. My gf has the same thing. It’s the same exposure, but lower fees. Only the largest employers can negotiate these deals - it’s a benefit. Buy it

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