Retirement plan disclosure fee to be distributed Oct. 15

On Oct. 15, Fidelity will send the government-required retirement plan participant fee disclosure to employees who are eligible to participate in the Vanderbilt University 403(b) Retirement Plan. Even if you don’t participate in the plan, but are eligible, you will receive the notice. Former employees with retirement plan accounts also will receive the notice.

You do not need to take any action. The disclosure is for your information only.

If you are an active employee with a valid email address on file, you will receive an email from Fidelity with a link to the disclosure. Fidelity will send the disclosure via regular mail to employees and formerly employed participants with no email address on file.

The document is currently posted on the HR website and will be posted on Fidelity NetBenefits®.

Although the communication is from Fidelity, the disclosure includes information about all investment companies and funds in the Vanderbilt Retirement Plan, including TIAA-CREF and VALIC. You will receive the entire document, including funds you may not be invested in.

The disclosure includes the following plan-related information:

  • general information
  • administrative expenses
  • individual expenses
  • investment information

The disclosure is intended to help you make informed investment decisions by providing a complete, accurate picture of your plan’s investment options, fees and expenses. You do not need to take any action, but you can use the document as a resource for managing your account.

For additional information, visit NetBenefits or the HR fee disclosure page.