To view this fund's performance and other information, log in to NetBenefits.
401(a) University Pension Plan (UPP) and Clinical Retirement Plan (CRP)
The 401(a) UPP/CRP is a tax-deferred defined contribution plan that helps you save for retirement. Enrollment eligibility is determined by OHSU. Upon enrollment, contributions will be made on your behalf by OHSU. Employee contributions are not allowed in this plan.
Choose from the tiers of investments below. Tiers are distinct categories designed to simplify your investment choices. At any time, you may use investments from any and all tiers.
When and Why:
For help building your portfolio, consider using Fidelity's online planning tools or contacting a Fidelity workplace financial consultant at 1-800-642-7131.
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 |
|||
VANG TARG 2020 PLUS
Inception Date 06/22/2007 |
Blended Investments* |
N/A |
10.44% |
2.04% |
5.65% |
5.71% |
5.38% |
2.84% |
0.80% |
03/31/2024 |
VANG TARG 2025 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
12.97% |
2.79% |
6.66% |
6.42% |
5.72% |
3.85% |
1.59% |
03/31/2024 |
VANG TARG 2030 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
14.82% |
3.45% |
7.46% |
6.97% |
6.00% |
4.54% |
2.09% |
03/31/2024 |
VANG TARG 2035 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
16.39% |
4.12% |
8.27% |
7.53% |
6.36% |
5.19% |
2.67% |
03/31/2024 |
VANG TARG 2040 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
17.95% |
4.78% |
9.04% |
8.05% |
6.77% |
5.83% |
3.24% |
03/31/2024 |
VANG TARG 2045 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
19.46% |
5.42% |
9.81% |
8.49% |
7.01% |
6.41% |
3.79% |
03/31/2024 |
VANG TARG 2050 PLUS
Inception Date 06/28/2007 |
Blended Investments* |
N/A |
20.51% |
5.77% |
10.08% |
8.62% |
7.12% |
6.86% |
4.21% |
03/31/2024 |
VANG TARG 2055 PLUS
Inception Date 08/31/2010 |
Blended Investments* |
N/A |
20.50% |
5.78% |
10.08% |
8.61% |
10.52% |
6.87% |
4.21% |
03/31/2024 |
VANG TARG 2060 PLUS
Inception Date 03/23/2012 |
Blended Investments* |
N/A |
20.50% |
5.78% |
10.10% |
8.63% |
9.66% |
6.87% |
4.21% |
03/31/2024 |
VANG TARGET INC PLUS
Inception Date 06/22/2007 |
Blended Investments* |
N/A |
8.45% |
1.26% |
4.18% |
4.20% |
4.73% |
2.11% |
0.23% |
03/31/2024 |
VANGUARD TARGET 2065
Inception Date 07/24/2017 |
Blended Investments* |
N/A |
20.48% |
5.78% |
10.09% |
-- |
9.80% |
6.87% |
4.20% |
03/31/2024 |
VANGUARD TARGET 2070
Inception Date 04/06/2022 |
Blended Investments* |
N/A |
20.50% |
-- |
-- |
-- |
6.85% |
6.84% |
4.17% |
03/31/2024 |
When and Why:
This tier consists of a range of index mutual funds. Index funds seek to match the performance of a market benchmark at a lower cost than actively managed funds. You may want to consider these options if you are comfortable diversifying your investments on your own. These options provide the flexibility to build your own strategy to meet your needs and are for those people who want to assume a greater involvement in the management of their investments than is possible in Tier 1.
Indexes are unmanaged. It is not possible to invest directly in an index.
For help building your portfolio using Tier 2 options, consider using Fidelity's online planning tools or contacting a Fidelity workplace financial consultant at 1-800-642-7131.
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 |
29.87% |
11.48% |
15.04% |
12.95% |
10.90% |
10.55% |
7.38% |
03/31/2024 |
VANG MIDCAP IDX INST
Inception Date 05/21/1998 |
Stock Investments |
Mid-Cap |
20.45% |
5.72% |
10.94% |
9.90% |
10.03% |
7.86% |
3.79% |
03/31/2024 |
VANG SM CAP IDX INST
Inception Date 10/03/1960 |
Stock Investments |
Small Cap |
22.53% |
3.81% |
10.00% |
8.95% |
10.61% |
7.52% |
1.81% |
03/31/2024 |
VANG TOT INTL STK IS
Inception Date 04/29/1996 |
Stock Investments |
International |
13.00% |
1.91% |
6.19% |
4.48% |
4.89% |
4.32% |
2.61% |
03/31/2024 |
VANG TOT WLD STK IS
Inception Date 06/24/2008 |
Stock Investments |
International |
22.73% |
6.61% |
10.90% |
8.76% |
7.49% |
7.81% |
5.06% |
03/31/2024 |
VANG TOT BD MKT INST
Inception Date 12/11/1986 |
Bond Investments |
Income |
1.67% |
-2.41% |
0.39% |
1.53% |
5.13% |
-0.79% |
-3.11% |
03/31/2024 |
When and Why:
This tier consists of a range of actively managed mutual funds. Actively managed funds typically have higher fees than index funds, and seek to outperform the market (though they may also underperform the market). You may want to consider these options if you are comfortable diversifying your investments on your own among potentially more segmented parts of the market. These options provide the flexibility to build your own strategy to meet your needs and are for those people who want to assume a greater involvement in the management of their investments than is possible in Tier 1.
For help building your portfolio using Tier 3 options, consider using Fidelity's online planning tools or contacting a Fidelity workplace financial consultant at 1-800-642-7131.
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 CONTRAFUND K6
Inception Date 05/25/2017 |
Stock Investments |
Large Cap |
45.98% |
12.86% |
16.97% |
-- |
16.19% |
17.73% |
14.52% |
03/31/2024 |
FID GROWTH CO K6
Inception Date 06/13/2019 |
Stock Investments |
Large Cap |
47.36% |
10.98% |
-- |
-- |
23.15% |
16.53% |
12.52% |
03/31/2024 |
FID US SUSTN IDX
Inception Date 05/09/2017 |
Stock Investments |
Large Cap |
33.35% |
12.24% |
15.76% |
-- |
14.73% |
11.72% |
8.19% |
03/31/2024 |
MFS VALUE R6
Inception Date 01/02/1996 |
Stock Investments |
Large Cap |
19.56% |
8.65% |
10.84% |
9.57% |
10.23% |
8.84% |
5.38% |
03/31/2024 |
CONESTOGA SM CAP IS
Inception Date 10/01/2002 |
Stock Investments |
Small Cap |
12.71% |
1.00% |
9.01% |
10.56% |
11.55% |
3.62% |
-1.82% |
03/31/2024 |
NORTHERN SM CAP VAL
Inception Date 03/31/1994 |
Stock Investments |
Small Cap |
18.78% |
4.31% |
7.57% |
6.64% |
9.27% |
3.13% |
-0.98% |
03/31/2024 |
AF EUROPAC GROWTH R6
Inception Date 04/16/1984 |
Stock Investments |
International |
13.49% |
-0.16% |
6.91% |
5.58% |
10.11% |
7.44% |
5.63% |
03/31/2024 |
DFA INTL SMALL CO I
Inception Date 09/30/1996 |
Stock Investments |
International |
11.03% |
1.83% |
6.66% |
4.84% |
6.68% |
3.21% |
0.93% |
03/31/2024 |
DODGE & COX INT SK X
Inception Date 05/01/2001 |
Stock Investments |
International |
13.49% |
5.21% |
7.34% |
4.04% |
6.97% |
3.17% |
2.66% |
03/31/2024 |
FID INTL SUSTN IDX
Inception Date 05/09/2017 |
Stock Investments |
International |
10.81% |
0.15% |
5.56% |
-- |
4.96% |
4.02% |
2.56% |
03/31/2024 |
C&S INST REALTY SHS
Inception Date 02/14/2000 |
Stock Investments |
Specialty |
9.51% |
3.48% |
5.88% |
7.84% |
10.64% |
-0.49% |
-7.23% |
03/31/2024 |
VANG WELLINGTON ADM
Inception Date 07/01/1929 |
Blended Investments* |
N/A |
16.85% |
6.00% |
9.02% |
8.29% |
8.28% |
5.53% |
3.49% |
03/31/2024 |
NYL GUAR INT ACCOUNT
Inception Date 01/02/2013 |
Bond Investments |
Stable Value |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
BAIRD CORE PLUS INST
Inception Date 09/29/2000 |
Bond Investments |
Income |
3.56% |
-1.71% |
1.23% |
2.29% |
4.74% |
-0.18% |
-2.44% |
03/31/2024 |
FID SUSTN BOND IDX
Inception Date 06/19/2018 |
Bond Investments |
Income |
1.58% |
-2.56% |
0.19% |
-- |
1.00% |
-0.79% |
-3.14% |
03/31/2024 |
VAN ST INF PS IDX IS
Inception Date 10/17/2012 |
Bond Investments |
Income |
3.16% |
2.23% |
3.16% |
2.01% |
1.68% |
0.85% |
0.77% |
03/31/2024 |
VANG VMMR-FED MMKT
Inception Date 07/13/1981 7 day yield % as of 03/31/2024: 5.28 ** |
Short-Term Investments |
N/A |
5.32% |
2.64% |
1.98% |
1.34% |
3.91% |
1.32% |
1.73% |
03/31/2024 |
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.
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 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.
Learn the plan basics - including eligibility - of each retirement savings plan offered by your employer.
UPP enrollment is offered to employees who work 600 or more hours (an average of 50 hours per month) in a qualifying position. CRP enrollment is offered to members of the OHSU Practice Plan (OPP) whose FTE is .3 or greater. Employees are eligible beginning the month following three full calendar months of employment (six full calendar months for OHSUPA-represented employees).
Eligible employees will receive notification to their OHSU email address from the OHSU Retirement Team approximately 6-8 weeks before becoming eligible. No enrollment election is required because the UPP and CRP are the plans that employees are enrolled in unless the Oregon PERS plan is chosen.
Employees enrolled in the UPP or CRP will participate in this plan for the entire time they work at OHSU, including re-employment. House Officers, Postdoctoral Scholars, student workers, and employees who received payment through a layoff or severance agreement that excludes plan participation, are ineligible to participate in the UPP and CRP.
OHSU contributes 12% to the "Employer" account for the CRP. OHSU makes contributions to the 401(a) UPP according to employee type, as follows:
AFSCME-represented and OHSUPA-represented employees receive a pre-tax contribution equal to 6% of pay, which is subject to a vesting schedule based on years of service (see Vesting tab below).
Faculty members receive a pre-tax contribution equal to 6% of pay to an "employee" account, even though the contribution is paid by OHSU. This account is not subject to vesting, meaning you are entitled to 100% of the account regardless of years of service. Plus, a pre-tax contribution equal to 6% of pay to an "employer" account that IS subject to a vesting schedule based on years of service (see Vesting tab below).
ONA-represented employees hired prior to 7/1/17 receive the same benefit as faculty members listed above.
ONA-represented employees hired 7/1/17 or later receive a pre-tax contribution equal to 5% pay at the time of enrollment. After 3 years of service, the contribution increases to 6% of pay. Contributions are subject to a vesting schedule based on years of service (see Vesting tab below).
ONA-represented employees participating in the 401(a) UPP AND who are NOT contributing to the UVSP 403(b) Plan will be automatically enrolled in the 403(b) plan at the time of UPP enrollment contributing 6% of pay. To ensure you get the full match, be sure to contribute at least 6%. Matching contributions will be allocated to the 403(b) plan for ONA employees hired July 1, 2017, or later as follows:
Research & Unclassified Administrative employees hired prior to 7/1/17 receive the same benefit as faculty members listed above.
Research and Unclassified Administrative employees hired 7/1/17 or later receive a pre-tax contribution equal to 6% of pay, which is subject to a vesting schedule based on years of service (see Vesting tab below).
For Research and Unclassified Administrative employees participating in the 401(a) UPP AND the UVSP 403(b) Plan, matching contributions will be allocated to the 403(b) plan for Research and Unclassified Administrative employees hired July 1, 2017, or later as follows:
To ensure you get the full match, be sure to contribute at least 6%.
As a courtesy, a statement is printed on the back (second page) of the Earnings Statement (paystub) which lists the total amount paid on the employee's behalf. Contributions stop once an employee's salary reaches the IRS annual compensation limit. The CRP and UPP are employer paid retirement plans, therefore contributions don't affect employee deferrals to the University Voluntary Savings Program (UVSP). However, 403(b) matching contributions reduce the maximum voluntary amount available in the 403(b) UVSP plan if the matching contributions plus the IRS limit is greater than the employee's annual earnings. If necessary the voluntary contribution will be adjusted to comply with the limit.
A recordkeeping fee of $44 per year ($11 per quarter) will be assessed for all participants with an account balance of $5,0001 or greater.
There will be no recordkeeping fee charged for active participants with an account balance of $4,9992 or less.
1You will only be charged the recordkeeping fee once if you have a balance of $5,000 or greater in multiple plans individually. To determine from which plan the fee is deducted, a plan hierarchy has been established and is as follows: 401(a), 403(b), then 457(b).
2If you have a balance of $4,999 or less in multiple plans individually and you are an active participant, you will not be charged a recordkeeping fee until your balance in one plan individually reaches $5,000.
When you are "vested" in your savings, it means the money is yours to keep.
UPP contributions to the "Employee Account" are immediately 100% vested as well as any earnings. Contributions to the "Employer Account" vest according to the following which is based on original hire date and nonunion or union status:
Unclassified employees hired before 1/1/2009, AFSCME-represented employees hired before 1/1/2010 and ONA-represented employees hired before 1/1/2011:
0% vested |
before the completion of one plan anniversary year |
40% vested |
on the 1st plan anniversary year |
60% vested |
on the 2nd plan anniversary year |
80% vested |
on the 3rd plan anniversary year |
100% vested |
on the 4th plan anniversary year or upon reaching age 50 |
Unclassified employees hired on or after 1/1/2009, AFSCME-represented employees hired on or after 1/1/2010 and ONA-represented employees hired on or after 1/1/2011:
0% vested |
less than 3 years* |
100% vested |
3 or more years or upon reaching age 50 |
CRP contributions are 100% vested.
* Beginning 1/1/15, all active time counts toward vesting after enrollment, even if working in a non-qualifying position.
If you have retirement savings in another employer's plan or in an IRA, you can generally roll it to the 401(a) plan. Employees who have elected to transfer a PERS balance need to complete the Fidelity Investments Transfer/Rollover/Exchange Form when they receive their check so it can be correctly posted to the 401(a) plan.
Note: You are permitted to roll over eligible pretax contributions from another 401(k) plan, 401(a) plan, 403(b) plan, governmental 457(b) retirement plan account, or eligible pretax contributions from conduit individual retirement accounts (rollover IRAs) and certain non-conduit individual retirement accounts (traditional IRAs, Simplified Employee Pension plans, and "SIMPLE" IRA distributions made more than two years from the date you first participated in the SIMPLE IRA). A conduit IRA is one that contains only money rolled over from an employer sponsored retirement plan that has not been mixed with regular IRA contributions.
Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.
Although your plan account is intended for the future, you may borrow up to 50% of your vested account balance (excluding Oregon PERS) for any reason.
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 from 1 to 5 years, plus interest, through Automatic Clearing House (ACH) deductions from your bank account.
You may have two loans outstanding at a time. The cost to initiate a loan is $75. and there is a quarterly maintenance fee of $6.25. The initiation and maintenance fees are deducted directly from your plan account.
An employee who has two outstanding loans and who prepays one loan (that is, pay off a loan before it is due) will not be approved for another loan until:
An employee who has two outstanding loans and who prepays both loans (that is, pay off both loans before they are due) will not be approved for another loan until:
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 for employees under age 59˝. 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.
If your employment with OHSU terminates before your loan matures the entire principal and interest is immediately due and payable no later than the last day of the calendar quarter following the calendar quarter in which you leave OHSU employment.
You are allowed to withdraw your vested balance when you leave OHSU, retire, reach age 59˝, or become permanently disabled. Amounts rolled in (excluding Oregon PERS) may be withdrawn at any time. Once you reach age 59˝ you may withdraw at any time. Also, you may be eligible for a distribution if you have a financial hardship as defined by the IRS. Withdrawals may be subject to income taxes and, if they occur prior to you becoming age 59˝, a 10% early withdrawal tax penalty applies.
Once you leave OHSU employment, you may either keep your account in the OHSU plan, roll your account balance to another employer plan or IRA,or take the money in cash. If you decide to leave your account in the OHSU plan, be sure to keep your mailing address current with Fidelity so they can stay in contact with you. There is no deadline for making a withdrawal decision.
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'.
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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