Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Regional Sales Director (West)

July Business Services
(CA)

July Business Services logo

Retirement Plan Consultant

July Business Services
(Remote)

July Business Services logo

Compliance Officer

New York City District Council of Carpenters Benefit Funds
(New York NY)

New York City District Council of Carpenters Benefit Funds logo

Senior Specialist 401k Recordkeeping

T Bank N.A.
(Dallas TX)

T Bank N.A. logo

Retirement Account Manager

Fringe Benefit Group
(Remote / Austin TX)

Fringe Benefit Group logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

Defined Contributions Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D. Stark Company (LDSCO) logo

Client Service Manager

July Business Services
(Remote)

July Business Services logo

TPA Retirement Plan Consultant

EPIC RPS (TPA/DPS)
(Remote)

EPIC RPS (TPA/DPS) logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Retirement Plan Administrator

Retirement Solutions Specialists
(Remote / Jacksonville FL / Hybrid)

Retirement Solutions Specialists logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

New CREF Fund Structure Could Trigger Significant Increase in Expense Ratios for Some Smaller Plans
Asset Strategy Advisors Link to more items from this source
May 12, 2015
"College Retirement Equities Fund (CREF) ... rolled out new multi-share class versions of their eight investment portfolios.... The new class designation is based on an institution's total assets in CREF Accounts across all plans. Smaller plans, with total CREF assets ... less than $20M, will bear the brunt of the expense change.... The average participant in a retirement plan that has less than $20M in CREF assets are now paying 50-60% more for the same CREF funds they owned before April 24th. TIAA, as the administrator of these 'smaller' plans, has also increased what they receive internally by 45%."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.