On Nov. 3, all retirement savings plan participants were mailed a letter regarding changes to Fermilab’s retirement saving plans. Effective Feb. 2, 2015, Fidelity will be the sole provider of retirement savings plan administration and record-keeping services; this includes the 401a, 403b and 457b plans. A new menu of well-diversified investment options in our retirement plans will be available. The new investment menu is not limited to the Fidelity family of mutual funds.
These retirement plan changes will take a few months to implement. During this time you are invited to attend on-site town hall meetings and schedule a one-on-one appointment with a Fidelity consultant. A transition guide and schedule of events was mailed to your home today. Please review the transition guide and schedule of events that was mailed to you or visit the Fidelity transition website.