The Lafayette College Retirement Plan Committee (the “Committee”), which includes faculty and staff who represent a cross-section of the College’s constituencies, meets on a quarterly basis along with Fiducient Advisors, the College’s investment consultant, to review the Lafayette College Retirement Plan (the “Plan”) investment options, fees and its recordkeepers. We are pleased to announce that the Committee has initiated the following two changes to the investment lineup of the Plan offered on both recordkeeper platforms (TIAA and Fidelity):
Going forward, the TIAA and Fidelity platforms will include a parallel lineup of eleven (11) mutual funds, and TIAA also includes five (5) TIAA and CREF annuity investments. Investments continue to include a mix of index and actively managed funds, mutual funds and annuity offerings, and a selection of investments from various well-known financial institutions across the industry, including Vanguard, TIAA and CREF, MetWest, and The Hartford. A suite of Vanguard Target Date Funds are included with each line-up.
The changes described above will take place without any action required on your part. You will receive a personalized communication from your current record keeper, either TIAA and/or Fidelity in the next several days. You may also refer to your dedicated retirement plan website at TIAA, https://www.tiaa.org/lafayette or Fidelity, https://www.netbenefits.com/lafayette.
For more information on the Lafayette College Retirement Plan, including how to access your account, administrative fees, your ability to change your Plan investments, and scheduling an individual counseling session with TIAA and/or Fidelity, please refer to our HR webpage, https://hr.lafayette.edu/retirement-savings-plan/.