Originally Posted by
Tranquility
The fund choices are decent ( about 1 choice per category; large growth, large value, mid-cap growth...etc.). I was impressed with the Institutional Index fund, only has a 0.04% expense ratio (lowest I've ever seen). When I was hired, I rolled my old 401k into a rollover & Roth IRA. More fund choices and I trade stocks and options on the side, so it made more sense for me.
Just keep in mind that the funds offered, altough they have the same name as the real fund, have a different 5 letter code. That is because there are additional management fees so Schwab can get their kickback. It may sound petty but remember you are paying those fees even on a down year. The management fees are charged on the entire principle not just the gain, year after year.