The Total Asset-Based Fee paid by participants in the far right column is the total of the Investment Management Fee and the Plan Administration Asset-Based Fee. All fees displayed are annualized, and represent an estimate of the total annual fees paid by a participant. Participants will also pay a Plan Administration Flat Fee of $1.00 per month per plan (401[k], DC, and 457).
This schedule is current as of September 30, 2021, and may change at any time.
| Fund Name |
Target
Allocation |
Investment
Management
Fee |
Plan
Administration
Asset-Based Fee |
Total
Asset-Based
Fee
Percentage |
Total
Asset-Based
Fee
Per $1,000 |
| PERAdvantage Target Retirement Date Funds |
|
|
|
0.10% |
$1.00 |
| BlackRock Lifepath® Index Target Retirement Date Funds (CF) |
100% |
0.07% |
0.03% |
|
|
| PERAdvantage Capital Preservation Fund |
|
|
|
0.24% |
$2.40 |
| Great-West Stable Value Fund (SA) |
100% |
0.21% |
0.03% |
|
|
| PERAdvantage Fixed Income Fund |
|
|
|
0.21% |
$2.10 |
| Wells Fargo Core Bond Portfolio (SA) |
50% |
0.22% |
0.03% |
|
|
| BlackRock U.S. Debt Index (CF) |
25% |
0.02% |
0.03% |
|
|
| BlackRock CoreAlpha Bond Fund (CF) |
25% |
0.26% |
0.03% |
|
|
|
PERAdvantage Real Return Fund |
|
|
|
0.20% |
$2.00 |
| State Street Real Assets Fund (CF) |
70% |
0.22% |
0.03% |
|
|
| State Street U.S. Inflation Protected Bond Index Fund (CF) |
30% |
0.06% |
0.03% |
|
|
| PERAdvantage U.S. Large Cap Stock Fund |
|
|
|
0.08% |
$0.80 |
| PERA Large Cap Core Fund (SA) |
40% |
0.10% |
0.03% |
|
|
| PERA Large Cap Index Fund (SA) |
60% |
0.01% |
0.03% |
|
|
| PERAdvantage U.S. Small and Mid Cap Stock Fund |
|
|
|
0.18% |
$1.80 |
| Dimensional Fund Advisors Mid Cap Core Fund |
50% |
0.17% |
0.03% |
|
|
| PERA Small Cap Core Fund (SA) |
50% |
0.13% |
0.03% |
|
|
| PERAdvantage International Stock Fund |
|
|
|
0.29% |
$2.90 |
| Schroders International Alpha Fund (SA) |
60% |
0.41% |
0.03% |
|
|
| PERA International Multi-Factor Fund (SA) |
40% |
0.04% |
0.03% |
|
|
| PERAdvantage SRI Fund |
|
|
|
0.22% |
$2.20 |
| BlackRock MSCI ACWI ESG Focus Index Fund (CF) |
60% |
0.08% |
0.03% |
|
| TIAA-CREF Core Impact Bond Fund (TSBIX) (MF) |
40% |
0.35% |
0.03% |
| |
Self-Directed Brokerage Through TD AmeritradeParticipants are required to keep $500 invested in the above PERAdvantage Funds in order to trade within the TD Ameritrade brokerage window. The investments in the PERAdvantage Funds are subject to a $50 annual fee.
There is no Asset-Based Fee because PERA receives revenue sharing from TD Ameritrade. Amounts received from Revenue Sharing and Plan Administration Flat Fees are used by PERA to pay plan expenses.
Loans
If you take a loan from your PERAPlus 401(k) or PERAPlus 457 Plan account, you will pay a $75 non-refundable loan application fee for each loan.
Professional Management
If you enroll in Voya Retirement Advisors' Professional Management, you will pay a fee of approximately $5 for every $10,000 in your account. Fees are proportionately lower for accounts with balances over $50,000.
(CF)–Commingled Fund–Funds consisting of assets from several accounts that are blended together.
(SA)–Separate Account–Privately managed investment accounts that use pooled money to buy individual assets.
(MF)–Mutual Fund–Investment account funded by shareholders that trades in diversified holdings and is professionally managed.