Average Plan Assets in 2008 = 740,472,568
Total Operating Expenses = 956,543
- Recordkeeping
- Trustee
- Administration
- Personnel
- Communication
Operating Expenses as a percent of assets = 13
Approximate investment manager fees * = 32
Other Mutual Fund Expenses ** = 5
Total Plan Fees and Expenses as a percent of assets = 50 basis points
________________________________________________________________________________________________________________________________
* Mutual fund Investment Management Fee Avg.
** Includes Mutual Fund Transaction Fees, 12b-1 Fees, Administrative Fees, and all other Asset-based costs incurred by the funds. Does not include transaction costs of participant activity, which is reflected in each BGI NAV lowering BGI fund performance.
*** Expense ratio includes operating expenses and investment manager fees.
| Option *** (Basis Points) |
Morningstar Average (Basis Points) |
||||||
| Stable Value | 31 | n/a | |||||
| Value Stock | 94 | 94 LV, 108 MV | |||||
| Equity Index | 21 | n/a | |||||
| Growth Stock | 88 | 103 LG, 118 MG | |||||
| International Stock | 114 | 119 | |||||
| Diversified Small Co. Stock | 90 | 104 | |||||
| Models: | |||||||
| Conservative | 41 | 64* | |||||
| Moderate | 62 | 65* | |||||
| Aggressive | 72 | 97* | |||||
| * From Morningstar models | |||||||