You choose how to invest the money in your Participant Directed Account (which does not include your Employee Vacation contributions or the earnings attributable to them) from among the investment fund options. You may invest your Participant Directed Account among any of the funds offered using increments of 1% — with the total amount equaling 100%. You may change how this account is invested daily.
The investment fund options have a variety of investment objectives. These are:
Growth and Income
Life Stage Asset Allocation Portfolios
If you do not make an election, your Participant Directed Account will be invested in a money market fund.
More specific information concerning investment fund options is provided by the investment provider.
Your Participant Directed Account is adjusted for investment earnings or losses on a daily basis. Investment income includes interest, dividends and other earnings and also gains and losses in the market value of the investment funds you select.
Investment fund options available to Participants are subject to change by the Trustees on a periodic basis.
The Plan recordkeeper and custodian charges fees for its services. In addition, the Fund Office charges a monthly fee to defray its administrative costs. Such fees are charged to your Participant Directed Account. All fees are subject to change.