401K Rollover options.

I recently changed jobs and have about 55K in my old 401K (Fidelity).

I am trying to figure out the best option for this account.
So far, the options Ive looked at:

1) Let it sit where it is. I dont like this option because I'm afraid I wont keepo track of it like I should and I basically dont want to leave anything in the hands of my old employer.

2) Roll over to new employers 401K (Principle) - No cost to rollover. Decent group of funds, but would be putting all of my eggs in one basket. This 401K is not actively managed, meaning I will have to track and re-allocate myself. It does have "automatic" or suggested investing plans/ outlines.

3) I am also looking to purchase Life Insurance - previously had through employer - looks like Im going with Northwest Mutual - They, of course, also want me to rollover the 401K into an IRA with them. This has a 4.5% rollover fee, but is actively managed.

4)??? any suggestions.