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 2023
Investment Fund Changes
The following fund changes occurred on/around July 21, 2023. For more information about these fund changes, please visit 2023 Fund changes
- Janus Henderson Triton N Fund was removed from the plan and balances in the Janus Henderson Triton N Fund were mapped to the existing Fidelity Small Cap Growth K6 Fund.
- Goldman Sachs Small Cap Value R6 was removed from the plan and balances in the Goldman Sachs Small Cap Value R6 were mapped to the existing Fidelity Small Cap Value Fund.
- The JP Morgan Large Cap Growth Fund Class R6 was added to the Plan as a new fund option.
- T Rowe Price Growth Stock I Fund was removed from the plan and balances in the T Rowe Price Growth Stock I fund were mapped to the newly added JP Morgan Large Cap Growth Fund.
SECURE Act 2.0
Minimum Distribution Age Changes
The SECURE Act 2.0 increases the required minimum distribution age further to 73 starting on January 1, 2023 and increases the age further to 75 starting on January 1, 2033.
Elimination of Required Minimum Distributions on Roth Contributions
SECURE 2.0 eliminates required minimum distributions for Roth accounts in employer plans, effective for taxable years beginning after December 31, 2023. For questions about how these legislative changes might impact your retirement planning, please consult with your tax advisor or financial planner.
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 Human Resources Information Center at (919) 684-5600 or by email at email@example.com.