[UCRDBR] Retirement Savings Program - Administrative fee reduction in July 2024

[Departmental Benefits Representatives]

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July 8, 2024
To:
Department Benefits Representatives (DBRs)
From:
Central HR Benefits Office on behalf of UC Office of the President
Re:
Retirement Savings Program - Administrative fee reduction in July 2024

DBRs, please share this information via your internal listserv.  Do not reply to this email.  Please
send a separate email with questions to benefits at ucr.edu<mailto:benefits at ucr.edu>.

Effective July 1, 2024, the administrative fee for UC's 403(b), 457(b) and DC Plans was reduced from $31 to $29 annually ($7.25 quarterly).
Participants do not need to take any action-the $7.25 administrative fee deduction dated July 1, 2024 will show on account statements.
Questions about the fee reduction may be directed to Fidelity at 1-866-682-7787, Monday-Friday, 5:00 a.m. - 9:00 p.m. Pacific Time.



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