Investment Fees & Expenses

Administrative Fee
Each participant shares in the costs of the services the Plan offers. The annual administrative fee is based on your account balance. This fee is deducted monthly from your account balance.

Plan Fees

Account Balance
Up to $10,000
$10,000.01 to $30,000
$30,000.01 to $90,000
Over $90,000

Monthly Fee



Annual Investment Expenses
The annual investment expenses are charged by the State Board of Investment (SBI) and are subject to change. This fee is deducted before the calculation of the daily price per share or the fund's performance return. The investment expenses are disclosed on the Investment Performance report.