Human Resources

Retirement Plan Vendor Fee Disclosure

Willamette University changed to a single vendor, single plan arrangement effective January 1, 2012.  New federal fee disclosure requirements effective this year require that fees associated with any assets in the plan be disclosed to participants through an annual fee disclosure process. Fee disclosure documents are distributed annually in August.  You may also find fee disclosure information by logging into your account through Transamerica Retirement Solutions.  Transamerica assists Willamette in distributing all fee disclosures in a single envelope, including those from "legacy vendors" that still hold assets for the Plan.  

The Retirement Plan Advisory Committee monitors fees on a regular basis, but fees are just one of many factors considered in selecting funds for the plan.  If you are interested in learning more about the criteria used for investment selection, contact the RPAC chair.

Should you have any questions concerning this information, please don't hesitate to contact Human Resources at ext. 6210.