September 28, 2018
This information was provided by TIAA. Fidelity Investments is not responsible for its content.
September 28, 2018
University of North Texas is pleased to announce important changes to the Retirement Program
University of North Texas is committed to providing you with competitive retirement benefits. Based on this commitment, they recently conducted a review of the retirement program. The resulting updates are intended to give you the investments, services and tools you need to help you pursue your retirement savings goals. At this point in time, no action is required from you. But, you may want to consider reviewing your investments to make sure they align with your goals, and your beneficiaries to make sure they're up to date. To review your investments and beneficiaries, log in to unt.
Please review this letter carefully to learn how your account may be affected. On behalf of the University of North Texas, TIAA will implement these changes starting in September:
Investment changes. Retirement Plan's recordkeeping and fund management fees. New Retirement Choice (RC) and Retirement Choice Plus (RCP) contracts will be issued along with a plan
consolidation Managed Account ? Retirement Plan Portfolio Manager
Lower cost share class
Some of the TIAA investment options will be directed to a lower cost share class of the same fund, which will reduce your investment expenses. The affected investments are shown as follows. There is no investment strategy difference between different classes fund. Investing in a lower cost share class means that less of your money goes toward fees. On or about September 27, 2018, your future contributions and allocations will be transferred to your new investment option as shown below.
Current option American Funds EuroPacific Growth Fund R4
Ticker REREX
Replacement option American Funds EuroPacific Growth Fund - R6
Ticker RERGX
Your new investment options
On or about September 28, 2018, new investment options will be added to the investment lineup. These new choices offer you flexibility to select a range of investments that matches your preferences and goals. Visit to view a listing of all TIAA investments or enter a ticker symbol in the site's search feature for all non-TIAA investments.
Ticker VITRX VWENX VITVX VITWX VRIVX VTTWX VITFX VIRSX
VITLX
New investment option Vanguard Institutional Target Retirement Income Inst Vanguard Wellington Fund Admiral Vanguard Institutional Target Retirement 2015 Fund Institutional Vanguard Institutional Target Retirement 2020 Fund Institutional Vanguard Institutional Target Retirement 2025 Fund Institutional Vanguard Institutional Target Retirement 2030 Fund Institutional Vanguard Institutional Target Retirement 2035 Fund Institutional Vanguard Institutional Target Retirement 2040 Fund Institutional Vanguard Institutional Target Retirement 2045 Fund Institutional
Ticker VTRLX VIVLX VILVX VBTIX VINIX VSXFX VIEIX VTSNX VMFXX RERGX PTRQX GSSUX GINUX OTCKX MEIKX TBCIX JMVYX
New investment option Vanguard Institutional Target Retirement 2050 Fund Institutional Vanguard Institutional Target Retirement 2055 Fund Institutional Vanguard Institutional Target Retirement 2060 Fund Institutional Vanguard Total Bond Market Index Fund Institutional Vanguard Institutional Index Fund Institutional Vanguard Institutional Target Retirement 2065 Fund Institutional Vanguard Extended Market Index Fund Institutional Vanguard Total International Stock Index Fund Institutional Vanguard Federal Money Market Fund Investor American Funds EuroPacific Growth Fund - R6 Prudential Total Return Bond Fund Class Q Goldman Sachs Small Cap Value Fund Class R6 Goldman Sachs Small Cap Insights Fund Class R66 MFS Mid Cap Growth Fund Class R6 MFS Value Fund Class R6 T. Rowe Price Blue Chip Growth Fund Class I JPMorgan Mid Cap Value Fund Class R6
How your future contributions and current account balances will be affected
On or about January 2, 2019, your future contributions will be transferred to your new account and the new investment options as shown below.
Current option
Ticker
Replacement option
Ticker
Columbia Acorn International Class Z AdvisorOne CLS Growth and Income N AdvisorOne CLS International Equity N AdvisorOne CLS Global Diversified Equity N Columbia Small Cap Value I Z
ACINX CLERX CLHAX CLSAX CSCZX
Age-related Vanguard Target-date fund
VARIOUS
Age-related Vanguard Target-date fund
VARIOUS
American Funds EuroPacific Growth Fund - R6 RERGX
Age-related Vanguard Target-date fund
VARIOUS
Goldman Sachs Small Cap Value Fund Class R6 GSSUX
Eaton Vance Large Cap Value A Lazard Emerging Markets Equity Open Columbia Mid Cap Index Fund - Class A
EHSTX LZOEX NTIAX
MFS Value Fund Class R6
Age-related Vanguard Target-date fund Vanguard Extended Market Index Fund
Institutional
MEIKX VARIOUS
VIEIX
Prudential Jennison Mid-Cap Growth Fund Inc. Z PEGZX MFS Mid Cap Growth Fund Class R6
Prudential Jennison Small Company Fund Inc. - PGOAX Goldman Sachs Small Cap Insights Fund Class
Class A
R66
OTCKX GINUX
American Funds Growth Fund of America R4
RGAEX T. Rowe Price Blue Chip Growth Fund Class I
TBCIX
American Funds Capital World Growth & Income RWIEX Age-related Vanguard Target-date fund Fund R4
VARIOUS
2
Current option
Ticker
TIAA-CREF Bond Index Fund - Retirement Class TBIRX
Replacement option
Vanguard Total Bond Market Index Fund Institutional
Ticker VBTIX
TIAA-CREF Lifecycle 2010 Fund - Retirement Class
TCLEX
TIAA-CREF Lifecycle 2025 Fund - Retirement Class
TCLFX
TIAA-CREF Lifecycle 2015 Fund - Retirement Class
TCLIX
TIAA-CREF Lifecycle 2030 Fund - Retirement Class
TCLNX
TIAA-CREF Lifecycle 2040 Fund - Retirement Class
TCLOX
TIAA-CREF Lifecycle 2035 Fund - Retirement Class
TCLRX
TIAA-CREF Lifecycle 2020 Fund - Retirement Class
TCLTX
TIAA-CREF High-Yield Fund - Retirement Class TIHRX
TIAA-CREF Short-Term Bond Fund - Retirement TISRX Class
TIAA-CREF Lifecycle 2050 Fund - Retirement Class
TLFRX
TIAA-CREF Lifecycle Retirement Income Fund - TLIRX Rtmt Class
TIAA-CREF Lifecycle 2060 Fund - Retirement Class
TLXRX
Templeton Global Bond Class A
TPINX
TIAA-CREF Small-Cap Blend Index Fund Retirement Class
TRBIX
TIAA-CREF Growth & Income Fund - Retirement TRGIX Class
TIAA-CREF International Equity Index Fund Retirement Class
TRIEX
TIAA-CREF S&P 500 Index Fund - Retirement Class
TRSPX
TIAA-CREF Mid-Cap Value Fund - Retirement Class
TRVRX
TIAA-CREF Lifecycle 2045 Fund - Retirement Class
TTFRX
TIAA-CREF Lifecycle 2055 Fund - Retirement Class
TTRLX
Vanguard Institutional Target Retirement Income VITRX Fund Institutional
Vanguard Institutional Target Retirement 2025 Fund Institutional
VRIVX
Vanguard Institutional Target Retirement 2015 Fund Institutional
VITVX
Vanguard Institutional Target Retirement 2030 Fund Institutional
VTTWX
Vanguard Institutional Target Retirement 2040 Fund Institutional
VIRSX
Vanguard Institutional Target Retirement 2035 Fund Institutional
VITFX
Vanguard Institutional Target Retirement 2020 Fund Institutional
VITWX
Prudential Total Return Bond Fund Class Q
PTRQX
Vanguard Federal Money Market Fund Investor VMFXX
Vanguard Institutional Target Retirement 2050 Fund Institutional
VTRLX
Vanguard Institutional Target Retirement Income VITRX Inst
Vanguard Institutional Target Retirement 2060 Fund Institutional
VILVX
Prudential Total Return Bond Fund Class Q
PTRQX
Vanguard Extended Market Index Fund Institutional
VIEIX
T. Rowe Price Blue Chip Growth Fund Class I
TBCIX
Vanguard Total International Stock Index Fund Institutional
Vanguard Institutional Index Fund Institutional
VTSNX VINIX
JPMorgan Mid Cap Value Fund Class R6
JMVYX
Vanguard Institutional Target Retirement 2045 Fund Institutional
Vanguard Institutional Target Retirement 2055 Fund Institutional
VITLX VIVLX
3
How your future contributions will be affected
On or around January 2, 2019, your future contributions will be transferred to your new account and the new investment options as shown below. Any account balance(s) you have with TIAA will remain in your existing account(s); however, no new contributions, rollovers or transfers can be made to these accounts.
Current option
CREF Bond Market R2 (Variable annuty)
CREF Equity Index R2 (Variable annuity)
CREF Global Equities R2 (Variable annuity)
CREF Growth R2 (Variable annuity)
CREF Inflation-Linked Bond R2 (Variable annuity)
CREF Money Market R2 (Variable annuity)
Ticker QCBMPX QCEQPX QCGLPX QCGRPX QCILPX QCMMPX
Replacement option Prudential Total Return Bond Fund Class Q Vanguard Institutional Index Fund Institutional Age-related Vanguard Target-date fund T. Rowe Price Blue Chip Growth Fund Class I Prudential Total Return Bond Fund Class Q Vanguard Federal Money Market Fund Investor
Ticker PTRQX VINIX VARIOUS TBCIX PTRQX VMFXX
Target-date fund birth chart for all participants
University of North Texas has selected the target-date funds* below as the plan's default investment options. If you don't choose any investment option(s), your future contributions will be directed to your new account and invested in the plan's default option, which is a lifecycle fund that corresponds to the year you turn 65.
Investment Name Vanguard Institutional Target Retirement Income Fund Institutional Vanguard Institutional Target Retirement 2015 Fund Institutional Vanguard Institutional Target Retirement 2020 Fund Institutional Vanguard Institutional Target Retirement 2025 Fund Institutional Vanguard Institutional Target Retirement 2030 Fund Institutional Vanguard Institutional Target Retirement 2035 Fund Institutional Vanguard Institutional Target Retirement 2040 Fund Institutional Vanguard Institutional Target Retirement 2045 Fund Institutional Vanguard Institutional Target Retirement 2050 Fund Institutional Vanguard Institutional Target Retirement 2055 Fund Institutional Vanguard Institutional Target Retirement 2060 Fund Institutional Vanguard Institutional Target Retirement 2065 Fund Institutional
Ticker VITRX VITVX VITWX VRIVX VTTWX VITFX VIRSX VITLX VTRLX VIVLX VILVX VSXFX
DOB-From year Before 1948 1953 1958 1963 1968 1973 1978 1983 1988 1993 1998
DOB-To year 1947 1952 1957 1962 1967 1972 1977 1982 1987 1992 1997
Present
* Target-date funds share the risks associated with the types of securities held by each of the underlying funds in which they invest. In addition to the fees and expenses associated with the Lifecycle funds, there is exposure to the fees and expenses associated with the underlying mutual funds as well.
4
Understanding your University of North Texas retirement plan fees Important update on your retirement plan's recordkeeping and investment management fees When making decisions about your University of North Texas retirement program account, it's important to know there are fees associated with many of the plan's services and investments. Some fees may be paid by your employer; others may be paid by you, based on the services and investments you choose. A recent change impacts how your plan administration costs will be assessed.
General administrative services Your plan charges an annual Administrative Fee to cover services such as recordkeeping, legal, accounting, investment advisory and other plan and participant services.* University of North Texas will make the following change. Please review this information on how your account may be affected. No action is required. Your plan will assess an annual fee of 0.12% ($1.20 per $1,000 invested), which will be divided into quarterly payments. The first fee will be deducted proportionally from each investment in your account on the last business day of each quarter and identified as "TIAA Plan Servicing Fee" on your quarterly statements. Investment-specific services Each of the plan's investment options has a fee for investment management and associated services. Plan participants generally pay for these costs through what is called an expense ratio. Expense ratios are displayed as a percentage of assets. For example, an expense ratio of 0.50% means a plan participant would pay $5 annually for every $1,000 in assets. Taking the expense ratio into consideration helps you to compare investment fees so you can make informed investment decisions. You can find the expense ratios, as well as investment-specific purchase, withdrawal and redemption fees and expenses at unt or in the prospectus at performance.
Fees are important and help ensure that regardless of the investments selected, all plan participants share in the cost of retirement plan administration. As you plan your financial goals, keep in mind that fees are just one factor in the decision-making process. If you have questions about any of the fees associated with your retirement plan, you can visit unt or call TIAA at 800-842-2252, weekdays, 7 a.m. to 9 p.m. (CT) and Saturday 8 a.m. to 5 p.m. (CT).
* Plan servicing fees can be deducted from Retirement Choice and Retirement Choice Plus contracts. However, plan servicing fees cannot be deducted from Retirement Annuity, Group Retirement Annuity, Supplemental Retirement Annuity and Group Supplemental Retirement Annuity contracts.
5
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- plan and investment notice
- september 28 2018
- investment policy research comparing dfa vs
- commonwealth of virginia defined contribution plans
- reporting global developments private equity and green
- plan and investment notice princeton university
- start investing in the new investment lineup
- vanguard reit index fund
- vanguard windsor ii fund
- supplement to the prospectus
Related searches
- september themes for toddlers
- today in history september 27 msn
- september party themes for adults
- sure dividend september 2019
- september theme ideas
- day in history september 27
- september curriculum for toddlers
- september themes for preschool
- september equinox
- today in history september 6
- september health observances 2019
- september preschool lesson plans themes