To view this fund's performance and other information, log in to NetBenefits.
To view this fund's performance and other information, log in to NetBenefits.
457(b) Deferred Compensation Plan
If your employer has adopted FPPA's 457(b) Deferred Compensation plan, you can enroll in the Plan at any time, effective with your first pay period or as soon as administratively feasible.
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 |
|||
|
VANGUARD TARGET 2020
Inception Date 06/22/2007 |
Blended Investments* |
N/A |
-7.99% |
3.14% |
3.73% |
5.77% |
4.89% |
-0.45% |
3.39% |
02/28/2023 |
|
VANGUARD TARGET 2025
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-8.25% |
4.06% |
4.20% |
6.40% |
5.10% |
-0.47% |
3.45% |
02/28/2023 |
|
VANGUARD TARGET 2030
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-8.33% |
4.93% |
4.58% |
6.94% |
5.28% |
-0.49% |
3.47% |
02/28/2023 |
|
VANGUARD TARGET 2035
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-8.20% |
5.94% |
5.01% |
7.51% |
5.57% |
-0.42% |
3.47% |
02/28/2023 |
|
VANGUARD TARGET 2040
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-8.10% |
6.90% |
5.41% |
7.99% |
5.92% |
-0.40% |
3.44% |
02/28/2023 |
|
VANGUARD TARGET 2045
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-7.95% |
7.88% |
5.83% |
8.29% |
6.08% |
-0.37% |
3.40% |
02/28/2023 |
|
VANGUARD TARGET 2050
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
-7.88% |
8.01% |
5.91% |
8.32% |
6.13% |
-0.34% |
3.36% |
02/28/2023 |
|
VANGUARD TARGET 2055
Inception Date 08/31/2010 |
Blended Investments* |
N/A |
-7.87% |
8.01% |
5.91% |
8.31% |
9.57% |
-0.35% |
3.37% |
02/28/2023 |
|
VANGUARD TARGET 2060
Inception Date 03/01/2012 |
Blended Investments* |
N/A |
-7.83% |
8.04% |
5.93% |
8.34% |
8.51% |
-0.35% |
3.39% |
02/28/2023 |
|
VANGUARD TARGET 2065
Inception Date 07/17/2017 |
Blended Investments* |
N/A |
-7.81% |
8.03% |
5.94% |
-- |
7.63% |
-0.36% |
3.40% |
02/28/2023 |
|
VANGUARD TARGET 2070
Inception Date 04/07/2022 |
Blended Investments* |
N/A |
-- |
-- |
-- |
-- |
-7.85% |
-0.38% |
-- |
02/28/2023 |
|
VANGUARD TARGET INC
Inception Date 06/22/2007 |
Blended Investments* |
N/A |
-7.75% |
1.18% |
2.79% |
3.69% |
4.33% |
-0.44% |
3.36% |
02/28/2023 |
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 |
|||
|
ABF LG CAP VALUE R6
Inception Date 07/17/1987 |
Stock Investments |
Large Cap |
-0.87% |
13.80% |
8.01% |
10.09% |
9.36% |
-1.97% |
-4.27% |
02/28/2023 |
|
FID GROWTH CO K
Inception Date 01/17/1983 |
Stock Investments |
Large Cap |
-15.68% |
14.91% |
12.81% |
16.67% |
13.67% |
-0.33% |
12.52% |
02/28/2023 |
|
FID TOTAL MKT IDX
Inception Date 11/05/1997 |
Stock Investments |
Large Cap |
-8.22% |
11.66% |
9.31% |
11.79% |
7.91% |
-1.65% |
3.43% |
02/28/2023 |
|
ARTISAN MID CAP INST
Inception Date 06/27/1997 |
Stock Investments |
Mid-Cap |
-17.51% |
7.49% |
9.25% |
10.71% |
12.72% |
2.48% |
7.80% |
02/28/2023 |
|
JH DSCPL VAL MDCP R6
Inception Date 06/02/1997 |
Stock Investments |
Mid-Cap |
-0.47% |
14.62% |
8.06% |
11.37% |
9.98% |
1.15% |
-2.91% |
02/28/2023 |
|
BNYM SM CAP VAL I
Inception Date 02/01/2000 |
Stock Investments |
Small Cap |
-0.89% |
14.31% |
8.18% |
9.34% |
10.83% |
0.58% |
-3.63% |
02/28/2023 |
|
HOOD RIVER SMCP GR I
Inception Date 01/02/2003 |
Stock Investments |
Small Cap |
-10.82% |
17.91% |
11.71% |
13.60% |
12.25% |
-0.22% |
1.33% |
02/28/2023 |
|
AF EUROPAC GROWTH R6
Inception Date 04/16/1984 |
Stock Investments |
International |
-8.47% |
4.73% |
2.16% |
5.57% |
9.92% |
1.38% |
5.57% |
02/28/2023 |
|
AF NEW PERSPECT R6
Inception Date 03/13/1973 |
Stock Investments |
International |
-9.89% |
9.96% |
8.10% |
10.47% |
12.00% |
0.65% |
6.42% |
02/28/2023 |
|
FID INTL SM CAP OPP
Inception Date 08/02/2005 |
Stock Investments |
International |
-10.45% |
5.74% |
2.57% |
7.55% |
6.25% |
1.73% |
4.00% |
02/28/2023 |
|
FID TOTAL INTL IDX
Inception Date 06/07/2016 |
Stock Investments |
International |
-7.36% |
5.21% |
1.75% |
-- |
5.12% |
1.69% |
3.25% |
02/28/2023 |
|
INVS DEVELOP MKT R6
Inception Date 11/18/1996 |
Stock Investments |
International |
-9.63% |
-1.38% |
-1.35% |
2.21% |
9.80% |
2.72% |
9.08% |
02/28/2023 |
|
TRP STABLE VALUE A
Inception Date 09/12/1988 |
Bond Investments |
Stable Value |
1.79% |
1.83% |
1.96% |
1.94% |
4.44% |
0.51% |
0.47% |
02/28/2023 |
|
DODGE & COX INCOME X
Inception Date 01/03/1989 |
Bond Investments |
Income |
-6.62% |
-1.50% |
1.62% |
2.19% |
5.96% |
1.00% |
3.03% |
02/28/2023 |
|
FID US BOND IDX
Inception Date 03/08/1990 |
Bond Investments |
Income |
-9.68% |
-3.77% |
0.51% |
1.08% |
5.08% |
-0.10% |
3.50% |
02/28/2023 |
|
MKS HIGH YIELD BOND
Inception Date 02/28/2017 |
Bond Investments |
Income |
-3.47% |
2.46% |
3.64% |
-- |
3.82% |
1.95% |
2.20% |
02/28/2023 |
|
PIM GLB BD OP US$H I
Inception Date 10/02/1995 |
Bond Investments |
Income |
-3.21% |
0.18% |
1.73% |
2.65% |
5.56% |
0.95% |
1.97% |
02/28/2023 |
|
FIMM GOVT CL I
Inception Date 07/25/1985 7 day yield % as of 02/28/2023: 4.46 ** 7 day restated yield % as of 02/28/2023: 4.42 *** |
Short-Term Investments |
N/A |
2.18% |
0.76% |
1.23% |
0.73% |
3.29% |
1.02% |
0.99% |
02/28/2023 |
Are you interested in investing in options beyond what your plan offers?
A self-directed brokerage account allows you to make investments beyond those offered in your workplace retirement savings plan.
For more information or to open a self-directed brokerage account, first enroll in your Fidelity workplace retirement savings plan. Then visit www.netbenefits.com > Quick Links > BrokerageLink where you can open an account or review additional information, including the commission schedule for applicable fees and risks.
BrokerageLink includes investments beyond those in your plan's lineup. You should compare investments and share classes that are available in your plan's lineup with those available through BrokerageLink, and determine the available investment and share class that is appropriate for your situation. The plan fiduciary neither evaluates nor monitors the investments available through BrokerageLink. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance.
Learn the plan basics - including eligibility - of each retirement savings plan offered by FPPA.
If your employer has adopted FPPA's 457(b) Deferred Compensation plan, you are eligible to enroll in the plan on the first day of the month following your hire date. To determine if your employer participates, please click the reach out to FPPA directly. To enroll, simply complete the FPPA Deferral Election form and return it to your employer. Your enrollment becomes effective once you return your completed Deferral Election form to your employer. You will generally begin to see your contributions deducted from your paycheck in the next pay period, or as soon as administratively possible.
Next, please choose your investments and designate your Fidelity account beneficiary(ies) by logging into your account at Fidelity NetBenefits®.
Through automatic payroll deduction you can contribute between 1% and 100% of your eligible pay on a pretax basis, up to the annual IRS dollar limits. Use the link below to see how much you can contribute to the plan this year.
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
Although your plan account is intended for the future, you may borrow from your account for any reason. Generally, the Deferred Compensation Plan allows 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 over the previous 12 months may reduce the amount you have available to borrow. You then pay the money back into your account, plus interest, on a monthly basis using the Automated Clearing House (ACH). Loan payments are made electronically by transferring funds from a personal bank or credit union account.
You may have one loan outstanding at a time. The cost to initiate a loan is $75.00, and there is a quarterly maintenance fee of $6.25. The initiation and maintenance fees are deducted directly from your plan account. We encourage you to contact a Fidelity Service Center Representative at 1-800-343-0860 to discuss the impacts of taking a loan from your 457(b) 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. Be sure you understand the Plan guidelines before you initiate a loan from your plan account.
FPPA has teamed up with Fidelity to offer a valuable managed account service that lets you delegate the day to day management of your workplace savings plan account to professional investment managers. Fidelity's experienced professionals evaluate the investment options available in your plan and identify a model portfolio of investments appropriate for an investor like you. The service then invests your account to align with this model portfolio and provides ongoing management of your account to address changes in the markets, your plan's investment lineup, and changes in your personal or financial situation. With a managed account, you can take advantage of Fidelity's resources and experience to help ensure that:
To see if Fidelity® Personalized Planning & Advice is right for you, log on to your NetBenefits® account at the top of the page where you can easily enroll in the Service and learn more.
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 and 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 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.
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'.
If you do not have access to the Internet or prefer to complete your beneficiary information by paper form, please call 1-800-343-0860. Please note, beneficiary designations made with Fidelity are only valid for your FPPA accounts with Fidelity. You must contact FPPA directly to change your beneficiary for any of your other FPPA-related benefits.
Withdrawals from the Plan are generally permitted when you separate from service, become disabled, attain age 72, have an unforeseeable emergency or death (payment is made to your beneficiary). You may request an unforeseeable emergency withdrawal for you or your dependents to cover expenses associated with a sudden and unexpected illness or accident, a casualty property loss, imminent foreclosure of or eviction from your primary residence, the need to pay for medical expenses (including nonrefundable deductibles and prescription medicine), the need to pay funeral expenses for a family member, or other similar extraordinary or unforeseeable circumstances arising from events beyond your control. It's important to note that a loan must be taken from your 457(b) Plan prior to eligibility for an emergency hardship withdrawal.
Requests for emergency hardship withdrawals must be submitted to and approved by FPPA. Any assets distributed from your 457(b) Deferred Compensation plan will be taxed as ordinary income in the year withdrawn. If you are under age 59½ at the time of the distribution, a 10% early withdrawal penalty may apply to any amounts which were rolled into the plan from an IRA or a plan other than another 457(b) Deferred Compensation plan (as withdrawals from Governmental Deferred Compensation Plans are not subject to a 10% early withdrawal penalty). If the distribution is eligible to be rolled over, but is not directly rolled over to an eligible plan or IRA, 20% mandatory withholding of federal income tax applies.
Federal income tax will not be withheld if an eligible plan-to-plan transfer is made to another employer's 457(b) plan that accepts the transfer. Be sure you understand the federal and state tax consequences of any distribution before you initiate one. You may want to consult your tax adviser about your situation. To learn more about and/or to request a withdrawal, log on to Fidelity NetBenefits® by clicking the Fidelity button at www.FPPAco.org or call the Fidelity Retirement Benefits Line at 1-800-343-0860.
You may use your 457(b) Deferred Compensation plan balance to purchase service credit in a defined benefit plan. Please contact FPPA at 1-800-332-3772 for more information.
The 457(b) Plan accepts rollovers from other eligible workplace savings plans. If you have other workplace savings plan accounts, or if you have IRAs, you may be able to transfer your balances directly into your 457(b) Plan account. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets. Of course, you should consult your tax advisor and carefully consider the impact of making a rollover contribution to your FPPA plan, because it could affect your eligibility for future special tax treatments. Call the Fidelity Retirement Benefits Line at 1-800-343-0860 or log on to Fidelity NetBenefits for details.
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®.
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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.
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