Plan participants pay a Plan administration flat fee of $1.00 per month. If you also participate in the PERAPlus 457 and/or PERA DC Plan, you will pay an additional $1.00 per month for each plan. Plan participants also pay a Plan administration asset-based fee of 0.03 percent on each PERAdvantage fund. That fee is built into the total asset-based fee
, which is automatically deducted from the investment option’s return.