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To view this fund's performance and other information, log in to NetBenefits.
Texas Health 401(k) Retirement Plan
The 401(k) plan allows eligible employees to save on a tax-deferred or Roth 401(k) after-tax 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 |
|||
|
JPMCB SR PB 2020 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
-0.14% |
2.90% |
3.24% |
4.78% |
5.93% |
1.88% |
5.05% |
05/31/2023 |
|
JPMCB SR PB 2025 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
-0.09% |
4.35% |
3.97% |
5.54% |
6.59% |
1.96% |
5.91% |
05/31/2023 |
|
JPMCB SR PB 2030 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
0.06% |
5.70% |
4.54% |
6.21% |
7.16% |
1.98% |
6.85% |
05/31/2023 |
|
JPMCB SR PB 2035 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
0.36% |
7.23% |
5.17% |
6.78% |
7.64% |
2.07% |
7.82% |
05/31/2023 |
|
JPMCB SR PB 2040 CFB
Inception Date 03/15/2010 |
Blended Investments* |
N/A |
0.40% |
8.28% |
5.58% |
7.19% |
8.00% |
2.01% |
8.45% |
05/31/2023 |
|
JPMCB SR PB 2045 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
0.55% |
9.25% |
5.99% |
7.43% |
8.15% |
2.02% |
8.98% |
05/31/2023 |
|
JPMCB SR PB 2050 CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
0.50% |
9.22% |
5.98% |
7.43% |
8.18% |
2.04% |
9.07% |
05/31/2023 |
|
JPMCB SR PB 2055 CFB
Inception Date 02/08/2013 |
Blended Investments* |
N/A |
0.52% |
9.20% |
5.99% |
7.54% |
7.82% |
2.07% |
9.09% |
05/31/2023 |
|
JPMCB SR PB 2060 CFB
Inception Date 11/30/2016 |
Blended Investments* |
N/A |
0.53% |
9.24% |
6.01% |
-- |
7.92% |
2.03% |
9.06% |
05/31/2023 |
|
JPMCB SR PB INC CFB
Inception Date 03/12/2010 |
Blended Investments* |
N/A |
-0.12% |
2.65% |
3.08% |
3.92% |
4.79% |
1.88% |
5.02% |
05/31/2023 |
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 |
|||
|
FID 500 INDEX
Inception Date 02/17/1988 |
Stock Investments |
Large Cap |
2.91% |
12.91% |
11.00% |
11.98% |
10.41% |
5.75% |
11.98% |
05/31/2023 |
|
VANG EQUITY INC ADM
Inception Date 03/21/1988 |
Stock Investments |
Large Cap |
-5.73% |
12.11% |
8.13% |
9.64% |
9.99% |
-3.59% |
-1.12% |
05/31/2023 |
|
VANG US GROWTH ADM
Inception Date 01/06/1959 |
Stock Investments |
Large Cap |
9.24% |
5.71% |
10.28% |
13.22% |
10.58% |
13.09% |
24.28% |
05/31/2023 |
|
FID MID CAP IDX
Inception Date 09/08/2011 |
Stock Investments |
Mid-Cap |
-4.47% |
10.19% |
6.89% |
9.30% |
11.22% |
-4.78% |
5.17% |
05/31/2023 |
|
ABF SM CAP VALUE R6
Inception Date 12/31/1998 |
Stock Investments |
Small Cap |
-5.98% |
17.28% |
3.68% |
7.33% |
9.37% |
-10.88% |
5.93% |
05/31/2023 |
|
ARTISAN SMALL CAP IS
Inception Date 03/28/1995 |
Stock Investments |
Small Cap |
5.65% |
-1.42% |
5.71% |
10.02% |
8.94% |
-4.50% |
4.93% |
05/31/2023 |
|
FID SM CAP IDX
Inception Date 09/08/2011 |
Stock Investments |
Small Cap |
-4.46% |
9.32% |
2.84% |
7.53% |
9.81% |
-7.30% |
8.06% |
05/31/2023 |
|
AF EUROPAC GROWTH R6
Inception Date 04/16/1984 |
Stock Investments |
International |
1.10% |
5.88% |
2.91% |
5.51% |
9.92% |
2.41% |
9.97% |
05/31/2023 |
|
FID GLB EX US IDX
Inception Date 09/08/2011 |
Stock Investments |
International |
-0.95% |
7.27% |
2.36% |
3.95% |
4.67% |
1.07% |
7.97% |
05/31/2023 |
|
STABLE VALUE
Inception Date 04/02/2019 |
Bond Investments |
Stable Value |
2.18% |
1.85% |
-- |
-- |
1.98% |
0.65% |
1.14% |
04/30/2023 |
|
BAIRD AGGR BOND INST
Inception Date 09/29/2000 |
Bond Investments |
Income |
-1.76% |
-3.25% |
1.11% |
1.78% |
4.29% |
1.88% |
2.05% |
05/31/2023 |
|
FID US BOND IDX
Inception Date 03/08/1990 |
Bond Investments |
Income |
-2.18% |
-3.73% |
0.83% |
1.36% |
5.10% |
2.00% |
1.92% |
05/31/2023 |
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 your employer.
You are eligible to enroll in the 401(k) Retirement Plan at anytime. To enroll, click on Enroll Now button on the top or call 800-343-0860.
Your enrollment becomes effective once you indicate how much you'd like to contribute, also known as the deferral. You will generally begin to see your contributions deducted from your paycheck in the next pay period, or as soon as administratively possible.
Through automatic payroll contributions, you can contribute a minimum of 2% up to 100% of your salary on a pretax and/or Roth 401(k) after-tax basis to the 401(k) Retirement Plan, up to the IRS contribution limit of $19,000 for 2019.
Texas Health will match a portion of each dollar you save, up to the first 6% of pay. The match is made each pay period and depends on your length of service. To receive the match, you must contribute at least 2% up to 6% to get a matching contribution.
You must contribute at least 2% of your pay each payroll period to receive the match each pay period.
|
1 but less than 5 years of service |
$0.75 for each dollar you contribute up to 6% |
|
5 but less than 10 years of service |
$1.00 for each dollar you contribute up to 6% |
|
10 or more years of service |
$1.25 for each dollar you contribute up to 6% |
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 401(k) 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.
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 employee contributions to your plan, as well as any earnings on them.
The matching contributions will become vested according to the following schedule:
|
Years of Service |
Percent Vested |
|
Less than 2 |
0% |
|
2 but less than 3 |
25% |
|
3 but less than 4 |
50% |
|
4 but less than 5 |
75% |
|
5 or more |
100% |
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. Beneficiary designations from Empower Financial or previous employer plans will not transfer to Fidelity.
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 and, if they occur prior to you becoming age 59˝, a 10% early withdrawal tax penalty.
For more information, call the Fidelity Retirement Service Center at 1-800-343-0860.
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 payroll deductions.
You may have one loan outstanding at a time. The cost to initiate a loan is $50, and is 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®.
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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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