A wide array of core investment options is available through your Plan. Each option is explained in further detail below. Investment option information is also available through KeyTalk® toll free, at 1-800-701-8255.
Fund Overview – Provides the investment objective, holdings, a breakdown of the fund's assets by industry, the risk level, and the fund manager for each of your available investment options.
Fund Performance – Lists all of the available investment option returns for: year to date, one year, three years, five years, 10 years or since inception.
Online Prospectuses – The most up-to-date regulatory documents associated with your Plan, including fund prospectuses, annual reports and semi-annual reports.
Your Plan offers access to three different levels of investment advisory tools and services called Reality Investing® Advisory Services (Advisory Services). You can have Advised Assets Group, LLC (AAG), a federally registered investment adviser and a wholly owned subsidiary of Great-West Life & Annuity Insurance Company and affiliate of Great-West Life & Annuity Insurance Company of New York, manage your retirement account for you. Or if you prefer to manage your retirement account on your own, you can use the Online Investment Guidance and Online Investment Advice tools. These services provide a retirement strategy based on your investment goals, time horizon and tolerance for risk.
There is no guarantee that participation in Advisory Services will result in a profit or that your account will outperform a self-managed portfolio.
What fees do I pay to participate in Advisory Services?
While there is no cost to use Online Investment Guidance, there is a $25 annual fee, assessed at $6.25 quarterly, for Online Investment Advice. If you choose to have AAG manage your account for you, the annual Managed Account fee will be based on your account balance, as follows:
|
Participant Account Balance |
Annual Managed Account Fee |
Less than $100,000 |
0.60% |
Next $150,000 |
0.50% |
Next $150,000 |
0.40% |
|
Greater than $400,000 |
0.30% |
For example, if your account balance is $50,000, the maximum annual fee will be 0.60% of the account balance. If your account balance is $500,000, the first $100,000 will be subject to a maximum annual fee of 0.60%; the next $150,000 will be subject to a maximum annual fee of 0.50%; the next $150,000 will be subject to a maximum annual fee of 0.40%; and any amounts over $400,000 will be subject to a maximum annual fee of 0.30%.
How can I get additional help choosing my investment options?
Empower Retirement provides you financial calculators and tools on this website that can help you determine which investment options might be best for you if you would like to construct your Plan account(s) yourself. However, employees of Empower Retirement cannot give investment advice.1
How can I get assistance with a retirement income strategy?
When you participate in any of the Advisory Services options (Online Investment Guidance, Online Investment Advice or the Managed Account), you are provided with the added benefit of Spend-Down Advice at no additional charge, which helps you determine how much to withdraw from each of your retirement accounts each year during retirement.
How do I enroll in Advisory Services?
Log in to this website and select Advisory Services, or call KeyTalk® toll free at 1-800-701-8255 for more information.
1Representatives of GWFS Equities, Inc. are not registered investment advisers and cannot offer financial, legal or tax advice. Please consult with your financial planner, attorney and/or tax adviser as needed.
Managed account, guidance and advice services are offered by Advised Assets Group, LLC (AAG), a federally registered investment adviser and wholly owned subsidiary of Great-West Life & Annuity Insurance Company and affiliate of Great-West Life & Annuity Insurance Company of New York. Reality Investing® is a registered trademark of Great-West Life & Annuity Insurance Company.