The Investment Performance and Fee Disclosure Summary contains important information about funds in the 403(b) retirement plan at Duke.

Current Investment Information

Federal regulation requires that Duke, as the retirement plan sponsor, provide plan participants with fee disclosure information regarding fees and services associated with the Faculty and Staff Retirement Plan.

You should reference this information as you make your investment decisions. In addition to fees and expenses, you should also consider a fund's past performance, your personal risk tolerance and the amount of time until your retirement.

• Investment Reports and Fee Disclosure Information
• Please enter your plan number where it asks for a password:  82205

• Log into your Fidelity account at Fidelity.com/duke to view updated performance and fee information.

The link above provides you with information about investment performance and all the services and fees associated with the investment options available through the Duke University Faculty and Staff Retirement Plan.

You may access the following information:

• An overview of retirement plan fees
• Fee information for available services in the Plan
• Information on expense ratios for each investment option available in the Plan
• A link to the website for each of the investment carriers
• A glossary of financial terms
• Understanding self-directed brokerage account fees
• How to transfer money from the frozen annuity products to the new investment lineup
• A simplified list of investment options available in the plan

Fidelity is the primary retirement service provider for recordkeeping services, including investment options, enrollment, distributions, loans and hardship withdrawals.

New in 2022

Vanguard Announced Fund Merger - February 2022

Vanguard announced the merger of the Vanguard Institutional Target Retirement Funds into the Vanguard Investor Target Retirement Funds (TRFs). This change was effective February, 2022. Vanguard lowered the expense ratio to 0.08% from 0.09% for the Institutional funds.  Click here for more information.

Merging of 2015 Fund into the Target Retirement Fund

The Vanguard Target Retirement 2015 Fund was combined with Vanguard Target Retirement Income Fund in July 2022, as described in the 2015 fund's prospectus, because the 2015 fund reached a target asset allocation that matches the Income fund. Click here for more information.

Addition of the Vanguard 2070 Fund to the Investment Lineup  

The Vanguard Target Retirement 2070 Fund will be added to the investment lineup for the Plan, effective on or around December 15, 2022. This fund will be the default investment option for employees born in 2003 or later, who do not actively designate an investment election.  Click here for more information.

Need Assistance?

Duke is committed to providing you with ongoing support to help you better understand the services, fees, expenses and provisions associated with your Plan. If you have any questions about this information, please contact the Duke HR Benefits Office at (919) 684-5600 or by email at benefits@duke.edu.