Rates of Return & Annual Fees

The URS rates of return displayed are after the Administrative and Investment Management fees have been deducted (i.e., returns are net of fees). **Each URS fund is followed by a corresponding index for comparative purposes only. Indexes are unmanaged, do not incur management fees, and cannot be invested directly. For additional information, click on the URS fund or index to view the fund fact sheet.

Core Fund Performance - As of 12/31/2013

Investment Fund Quarter Year to Date One Year Three Years Five Years Ten Years
Income 0.42% 1.85% 1.85% 1.88% 2.03% 3.23%
90-day T-Bill Index** 0.01% 0.07% 0.07% 0.10% 0.12% 1.68%
Bond 1.18% 0.53% 0.53% 4.40% 7.29% 5.16%
Barclays Aggregate Index -0.14% -2.02% -2.02% 3.26% 4.44% 4.55%
Balanced 7.89% 23.16% 23.16% 12.62% 15.08% 7.60%
Balanced Index 6.25% 17.73% 17.73% 11.24% 12.84% 6.66%
Large Cap Stock Value 11.79% 40.41% 40.41% 17.90% 19.49% 7.81%
Russell 1000 Value Index 10.01% 32.53% 32.53% 16.06% 16.67% 7.58%
Large Cap Stock Index 10.12% 32.64% 32.64% 15.89% 17.66% 7.16%
Large Cap Blended Index* 10.23% 33.11% 33.11% 16.17% 17.94% 7.40%
Large Cap Stock Growth 11.73% 36.18% 36.18% 17.01% 19.48% 8.50%
Russell 1000 Growth Index 10.44% 33.48% 33.48% 16.45% 20.39% 7.83%
International 4.73% 15.81% 15.81% 5.19% 10.48% 5.71%
Intl. Blended Index* 4.75% 15.82% 15.82% 5.17% 10.56% 6.01%
Small Cap Stock 10.26% 41.94% 41.94% 17.44% 23.51% 9.88%
Russell 2000 Index 8.72% 38.82% 38.82% 15.67% 20.08% 9.07%
Short Horizon 2.90% 7.60% 7.60% 6.02% 9.14% 5.31%
Short Horizon Index* 1.91% 5.15% 5.15% 4.93% 7.03% 4.71%
Medium Horizon 4.53% 12.55% 12.55% 7.75% 11.70% 6.25%
Medium Horizon Index* 3.41% 10.22% 10.22% 7.06% 10.10% 5.92%
Long Horizon 5.80% 17.95% 17.95% 8.89% 13.36% 6.46%
Long Horizon Index* 4.81% 15.70% 15.70% 8.43% 12.34% 6.29%
Tier 2 Nonvested 4.53% 12.55% 12.55% n/a n/a n/a
Medium Horizon Index* 3.41% 10.22% 10.22% n/a n/a n/a
Administrative/Investment Management fees*
% of Account Dollars per $1000
0.50% $5.00
n/a** n/a**
0.32% $3.20
n/a n/a
0.46% $4.60
n/a n/a
0.62% $6.20
n/a n/a
0.23% $2.30
n/a n/a
0.49% $4.90
n/a n/a
0.27% $2.70
n/a n/a
0.57% $5.70
n/a n/a
0.41% $4.10
n/a n/a
0.42% $4.20
n/a n/a
0.44% $4.40
n/a n/a
0.42% $4.20
n/a n/a

PCRA Brokerage Option - For PCRA information, click on the PCRA link to the left.

The Schwab PCRA brokerage option allows eligible members to invest in stocks, bonds, mutual funds, and other investment alternatives. URS does not charge an asset-based fee on funds transferred to the PCRA. The member is charged a flat $25 per quarter fee (regardless of account value) by URS for administration. Charles Schwab may charge certain fees and transaction costs. A schedule of these fees is available here.

Special Service Fees

URS charges fees for certain individual transactions. These fees are known as special service fees and are listed separately on your statement.

Loan set-up $60 per loan
Inactive small balance $15 per year/per account
Short-term trading 2% of the amount transferred

Investment Transfer/Trading Policy

You are allowed to submit one transfer request (whether electronically, by fax, mail, or hand delivered) for your vested core fund balances every seven (7) days. This applies separately to each plan in which you participate--the 401(k), 457, Roth IRA, and traditional IRA each constitutes a separate plan. In addition, if you transfer any or all of your current accounts between core investment options more often than once every 30 days, you will be charged a 2% fee on amounts transferred. Each transfer, after being processed, will start a new 30-day period. The fees generated by this policy are used to reduce the administrative expenses for all plan participants. Changes to the investment allocation of future deposits and future deferral amounts are allowed as often as daily.

Important Information

The investments described are not FDIC insured; not deposits or obligations of, or guaranteed by, any financial institution; and not guaranteed by the Utah Retirement Systems or any government agency.

The past performance of any of these funds does not guarantee future results.

URS employees are not registered securities advisors. They cannot offer investment advice or make recommendations. Because you make the investment decisions about your vested account, the plan's sponsor, trustees, and others associated with the investments may be relieved of liability for investment performance.

Additionally, URS reserves the right to change investment managers or Horizon Fund allocations as needed.

While fees and expenses are important factors in investing your retirement savings and can significantly reduce the growth of your investment funds, they are only one factor you should consider when making investment decisions. Other factors to consider are risk tolerance and the appropriateness of the investment to your goals.

For more information and demonstrations showing the effects of fees and expenses, you may visit the
Employee Benefit Administration’s (EBSA) website.

Other Information

Additional information on Plans: 401 (k) Plan, 457 Plan, IRAs.

For a glossary of investment terms, click on the following link. Investment Terms Glossary.

* For additional information on benchmarks, fees, and investment details, click on the investment fund name for access to the fund fact sheet.

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