Historically, fees for UC Retirement Savings Program administrative and investment management services have been combined and charged to you as a percentage of your assets (referred to as your investment fund’s “expense ratio”).
Beginning June 1, 2017, these fees will be charged separately as follows:
An $8.75 quarterly fee will be deducted from your account balance for administrative services.
Investment Management Services
The expense ratio for each fund’s investment management expense is available on NetBenefits.com.
No action is required on your part.
Fidelity Brokerage Services LLC, member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
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