To view this fund's performance and other information, log in to NetBenefits.
Auburn University Retirement 403(b) Plan
A 403(b) plan allows eligible employees to save on a tax-deferred basis through salary deduction.
Explore your investment options below based on your desired level of investment involvement. At any time, you may use investments from any and all categories below.
When and Why:
Depending on your plan, there are two options to consider: Target Date Funds which are based on an anticipated retirement date and Target Allocation Funds that are based on a risk tolerance and time horizon.
Note: The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate, therefore you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. Click on an investment to view quarter end returns, risk, fees and expenses. 1,2,3,4.
INVESTMENTS | ASSET CLASS | CATEGORY | AVERAGE ANNUAL TOTAL RETURNS | CUMULATIVE RETURNS | ||||||
---|---|---|---|---|---|---|---|---|---|---|
1 Yr |
3 Yr |
5 Yr |
10 Yr |
Life |
3 Mon |
YTD |
As of Date |
|||
FID FREEDOM 2010 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
7.61% |
-0.06% |
3.98% |
4.39% |
5.98% |
0.87% |
4.21% |
06/30/2024 |
FID FREEDOM 2015 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
8.86% |
0.26% |
4.85% |
5.07% |
5.63% |
1.01% |
5.11% |
06/30/2024 |
FID FREEDOM 2020 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
10.15% |
0.57% |
5.68% |
5.66% |
6.56% |
1.06% |
5.99% |
06/30/2024 |
FID FREEDOM 2025 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
11.34% |
1.03% |
6.44% |
6.17% |
6.45% |
1.18% |
6.69% |
06/30/2024 |
FID FREEDOM 2030 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
12.63% |
1.64% |
7.41% |
6.98% |
7.01% |
1.30% |
7.49% |
06/30/2024 |
FID FREEDOM 2035 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
14.87% |
2.62% |
9.01% |
7.97% |
7.40% |
1.50% |
8.86% |
06/30/2024 |
FID FREEDOM 2040 K6
Inception Date 09/06/2000 |
Blended Investments* |
N/A |
17.41% |
3.76% |
10.33% |
8.62% |
5.47% |
1.84% |
10.62% |
06/30/2024 |
FID FREEDOM 2045 K6
Inception Date 06/01/2006 |
Blended Investments* |
N/A |
18.34% |
4.15% |
10.57% |
8.74% |
7.26% |
1.98% |
11.14% |
06/30/2024 |
FID FREEDOM 2050 K6
Inception Date 06/01/2006 |
Blended Investments* |
N/A |
18.22% |
4.11% |
10.55% |
8.73% |
7.15% |
1.90% |
11.17% |
06/30/2024 |
FID FREEDOM 2055 K6
Inception Date 06/01/2011 |
Blended Investments* |
N/A |
18.24% |
4.12% |
10.56% |
8.74% |
9.02% |
1.93% |
11.17% |
06/30/2024 |
FID FREEDOM 2060 K6
Inception Date 08/05/2014 |
Blended Investments* |
N/A |
18.24% |
4.14% |
10.56% |
-- |
9.09% |
1.92% |
11.18% |
06/30/2024 |
FID FREEDOM 2065 K6
Inception Date 06/28/2019 |
Blended Investments* |
N/A |
18.21% |
4.12% |
10.52% |
-- |
10.52% |
1.88% |
11.19% |
06/30/2024 |
FID FREEDOM INC K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
6.45% |
-0.29% |
2.78% |
3.22% |
4.43% |
0.83% |
3.37% |
06/30/2024 |
A managed account is designed for people who prefer to have Fidelity manage their money for them, so they can focus on other aspects of their life.
Your employer gives you the opportunity to have a team of Fidelity professionals propose an investment strategy aligned to your personal goals and situation. Fidelity Personalized Planning & Advice monitor your investments, and make adjustments as your life and the world around you changes-helping to keep you on track to retirement. This service provides discretionary money management for a fee and you may cancel at any time with no cancellation fee.
Learn more and get a free review of your portfolio by speaking with a Fidelity representative at 866-811-6041.
Fidelity® Personalized Planning & Advice at Work is a service of Fidelity Personal and Workplace Advisors LLC and Strategic Advisers LLC. Both are registered investment advisers, are Fidelity Investments companies and may be referred to as "Fidelity," "we," or "our" within. For more information, refer to the Terms and Conditions of the Program. When used herein, Fidelity Personalized Planning & Advice refers exclusively to Fidelity Personalized Planning & Advice at Work. This service provides advisory services for a fee.
When and Why:
Do you have time and interest in choosing your own investments and managing your portfolio's diversification on an ongoing basis?
Each investment option is managed to achieve specific objectives, including a certain balance of risk and potential returns. For more information on any investment option listed below, simply click on its name.
Note: The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate, therefore you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. Click on an investment to view quarter end returns, risk, fees and expenses. 1,2,3,4.
You may lose money by investing in a money market fund. Not all money market funds operate the same way and depending on the fund, you may be subject to certain operating policies and risks not applicable to other money market funds. Please click on the name of the fund below for risks specific to that fund.
INVESTMENTS | ASSET CLASS | CATEGORY | AVERAGE ANNUAL TOTAL RETURNS | CUMULATIVE RETURNS | ||||||
---|---|---|---|---|---|---|---|---|---|---|
1 Yr |
3 Yr |
5 Yr |
10 Yr |
Life |
3 Mon |
YTD |
As of Date |
|||
FID 500 INDEX
Inception Date 02/17/1988 |
Stock Investments |
Large Cap |
24.56% |
10.00% |
15.03% |
12.85% |
10.95% |
4.28% |
15.33% |
06/30/2024 |
FID CONTRAFUND K6
Inception Date 05/25/2017 |
Stock Investments |
Large Cap |
39.45% |
11.13% |
17.22% |
-- |
16.64% |
6.68% |
22.21% |
06/30/2024 |
INVS DIVRS DIVD R5
Inception Date 12/31/2001 |
Stock Investments |
Large Cap |
11.93% |
6.38% |
8.25% |
7.70% |
8.00% |
-1.71% |
9.66% |
06/30/2024 |
MFS MA INV TRUST R6
Inception Date 07/15/1924 |
Stock Investments |
Large Cap |
22.75% |
8.01% |
12.87% |
11.74% |
9.43% |
3.50% |
14.39% |
06/30/2024 |
BLKRK MD CP GR EQ K
Inception Date 12/27/1996 |
Stock Investments |
Mid-Cap |
11.23% |
-4.89% |
6.96% |
11.35% |
9.85% |
-5.76% |
0.72% |
06/30/2024 |
FID EXTD MKT IDX
Inception Date 11/05/1997 |
Stock Investments |
Mid-Cap |
14.95% |
-2.46% |
8.69% |
8.26% |
8.26% |
-3.42% |
9.43% |
06/30/2024 |
VRTS C MDCP VL EQ R6
Inception Date 11/30/2001 |
Stock Investments |
Mid-Cap |
12.89% |
2.97% |
7.65% |
7.46% |
9.28% |
-3.58% |
8.40% |
06/30/2024 |
FID SM CAP DISCOVERY
Inception Date 09/26/2000 |
Stock Investments |
Small Cap |
11.48% |
3.52% |
10.02% |
7.34% |
10.15% |
-7.22% |
6.58% |
06/30/2024 |
FID SM CAP IDX
Inception Date 09/08/2011 |
Stock Investments |
Small Cap |
10.17% |
-2.47% |
7.04% |
7.16% |
10.44% |
-3.25% |
12.37% |
06/30/2024 |
LOOMIS SM CP GRTH N
Inception Date 12/31/1996 |
Stock Investments |
Small Cap |
9.16% |
-1.84% |
7.23% |
9.23% |
7.59% |
-0.35% |
11.36% |
06/30/2024 |
FID INTL INDEX
Inception Date 11/05/1997 |
Stock Investments |
International |
11.37% |
3.07% |
6.65% |
4.47% |
5.19% |
-0.27% |
7.11% |
06/30/2024 |
HARBOR INTL INST
Inception Date 12/29/1987 |
Stock Investments |
International |
10.08% |
1.65% |
6.78% |
3.12% |
9.55% |
-1.17% |
7.44% |
06/30/2024 |
INVS DEVELOP MKT R6
Inception Date 11/18/1996 |
Stock Investments |
International |
3.20% |
-9.10% |
0.28% |
1.58% |
9.59% |
0.63% |
2.44% |
06/30/2024 |
INVS EQV INTL EQ R5
Inception Date 04/07/1992 |
Stock Investments |
International |
7.21% |
-0.48% |
5.04% |
3.92% |
7.21% |
-1.51% |
3.61% |
06/30/2024 |
COHEN & STEERS RLTY
Inception Date 07/02/1991 |
Stock Investments |
Specialty |
6.85% |
-0.25% |
5.15% |
7.00% |
10.68% |
0.61% |
5.25% |
06/30/2024 |
OAKMARK EQ & INC INV
Inception Date 11/01/1995 |
Blended Investments* |
N/A |
10.71% |
2.93% |
7.99% |
6.45% |
9.51% |
-2.19% |
5.70% |
06/30/2024 |
AC SD INFL PR BD R6
Inception Date 05/31/2005 |
Bond Investments |
Income |
5.19% |
1.82% |
3.06% |
2.06% |
3.09% |
1.44% |
2.63% |
06/30/2024 |
FID INTL BOND INDEX
Inception Date 10/10/2019 |
Bond Investments |
Income |
4.47% |
-1.34% |
-- |
-- |
-0.54% |
0.03% |
1.46% |
06/30/2024 |
FID US BOND IDX
Inception Date 03/08/1990 |
Bond Investments |
Income |
2.68% |
-3.03% |
-0.22% |
1.33% |
5.00% |
0.16% |
0.84% |
06/30/2024 |
FID GOVT MMKT
Inception Date 02/05/1990 7 day yield % as of 06/30/2024: 4.97 ** |
Short-Term Investments |
N/A |
5.09% |
2.85% |
1.92% |
1.26% |
2.64% |
1.24% |
2.86% |
06/30/2024 |
Learn the plan basics - including eligibility - of each retirement savings plan offered by your employer.
You are eligible to enroll in the plan immediately. Please note that your plan number is 58180.
Your enrollment becomes effective once you have set up your Fidelity account and indicated how much you'd like to contribute, also known as the deferral. To set up your deferral, please complete the Salary Reduction Agreement Form. Once you have completed the Salary Reduction Agreement Form, you will generally begin to see your contributions deducted from your paycheck in the next pay period, or as soon as administratively possible.
The completed Salary Reduction Agreement Form should be mailed to the following address:
Human Resources Auburn University 1550 East Glenn Avenue Auburn, AL 36849
You can contribute between 0% and 100% of your eligible pay, up to the annual IRS dollar limits. Please contact the Auburn University Payroll & Employee Benefits Office to determine if you are allowed to contribute more than 50% of your salary to the Plan. Click here to view the current year's contribution limit.
With Roth contributions, you can make after-tax payroll contributions to your plan and withdraw those contributions tax-free (subject to the terms of the plan). Your earnings may also be withdrawn tax-free if you have a qualified distribution. A qualified distribution, in this case, is one that is taken five tax years after the year of your first Roth contribution and after you have reached age 59˝, become disabled, or died.
Unlike a Roth IRA, there are no income limits to be eligible for a Roth 403(b) option within an employer-sponsored retirement plan. Generally, a Roth contribution may be beneficial if you expect your tax rate in retirement will be higher than it had been during the years you contributed.
For information about a Roth conversion, please call a financial professional at 1-800-343-0860.
If you are age 50 or older, you have the ability to make additional contributions to your plan, up to the current IRS dollar limits. View the limits here: IRS DOLLAR LIMITS
When you are "vested" in your savings, it effectively means the money is yours to keep. You are always 100% vested in all contributions you make to your plan, as well as any earnings on them. Contact the Payroll & Employee Benefits office for details on the vesting schedule of any contributions your employer makes to your savings.
Your beneficiary or beneficiaries will inherit your account in the event of your death. You should consider identifying a beneficiary when you enroll in your plan, and updating the information if you experience a life-changing event such as a marriage, divorce, birth of a child, or death in the family.
Fidelity's Online Beneficiaries Service, available through NetBenefits® offers a straightforward, convenient process that takes just minutes.
Go to 'Profile' in the navigation bar at the top of your NetBenefits® page and click on the 'Summary tab' and then 'Beneficiaries'.
You are generally allowed to withdraw money from your plan when you leave your employer, retire, reach age 59˝ or become permanently disabled. Also, you may be eligible for a distribution if you have a financial hardship as defined by your plan. Withdrawals may be subject to income taxes.
For more information, call the Fidelity Retirement Services Center at 1-800-343-0860. You may also review the Rollover Education document for additional information regarding items to consider when taking a withdrawal. Auburn University requires that you complete the Distribution Acknowledgement Form when you request a withdrawal. This form is located under Tools & Resources. Next, click on Forms & Documents.
Note: The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer's retirement plan is subject to 20% mandatory federal income tax withholding, unless it is directly rolled over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59˝, the taxable portion of your withdrawal is also subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule. The plan document and current tax laws and regulations will govern in case of a discrepancy. Be sure you understand the tax consequences and your plan's rules for distributions before you initiate a distribution. You may want to consult your tax advisor about your situation.
Although your plan account is intended for the future, you may borrow from your account for any reason. Generally, plan rules allow you to borrow up to 50% of your vested account balance.
The minimum loan amount is $1,000, and a loan must not exceed $50,000. Any outstanding loan balances from the previous 12 months may reduce the amount you have available to borrow. You then pay the money back into your account, plus interest, through ACH deductions from your bank account.
You may have one loan outstanding at a time. The cost to initiate a loan is $50, and there is a quarterly maintenance fee of $6.25. The initiation and maintenance fees are deducted directly from your plan account.
Note: If you fail to repay your loan (based on the original terms of the loan), it will be considered in "default" and treated as a distribution, making it subject to income tax and possibly to a 10% early withdrawal tax penalty. Defaulted loans may also impact your eligibility to request additional loans.
If you have retirement savings in another employer's plan or in an IRA, consolidating accounts may help make it easier to manage your savings but there are several options. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.
If you're not sure about the best option for you, talk to a Fidelity representative today. They can explain each option in greater detail so you can make the best choice for your specific needs.
Online, on the phone, or in person, you have access to your account the way you want it. Log in online to NetBenefits® virtually 24/7 or call Fidelity at 1-800-343-0860 to speak with a representative or use the automated voice response system.
Fidelity financial professionals provide complimentary one-on-one consultations for participants in your plan. You can also contact Fidelity for a statement of your account by calling 1-800-343-0860 or visiting NetBenefits®.
A little extra saved today could make a big difference in retirement.
Update my fund choices or provider to help meet my financial goals. Login now.
It's complimentary, thanks to your employer. Talk with a financial professional to get help with your financial goals.
Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
** The current yield of the money market mutual fund listed above reflects the current earnings of the fund, while the total return refers to a specific past holding period.
*** The yield without applicable waivers or reimbursements, whenever Fidelity is subsidizing all or a portion of the fund's expenses as of the current reporting period. Absent such waivers or reimbursements, the returns would have been lower. Waivers and/or reimbursements may be discontinued any time.
Investing involves risk, including risk of loss.
Footnotes 1, 2, 3 and 4 below pertain to the performance tables located on the Investment Options tab:
1 Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.
2 Total returns are historical and include change in share price and reinvestment of dividends and capital gains, if any. These figures do not include the effect of sales charges, if any, as these fees are waived for contributions made through your retirement plan. If sales charges were included, returns would have been lower. Life of fund figures are from the inception date to the period shown. For unitized funds, the inception date shown may be that of the fund's underlying investment option. For non-mutual fund pools and trusts whose strategies may be offered to multiple clients, and whose returns may be based on a composite, the inception date shown may be the beginning date of the composite's returns.
3In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible.
4Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917