THE PROGRAM’S COST ADVANTAGE

* Eligibility of a plan to invest in a particular Unit Class will be determined each year, as of 12/31, based on the aggregate value of the assets of each plan invested in the Funds, excluding assets in Personal Choice Retirement Accounts, and take effect in May of the following year.
1 Total Annual Fund Operating Expenses for the Stable Asset Return Fund and the Capital Preservation Fund do not include 0.162% (as of December 31, 2023) in annual wrap contract fees; these fees are charged against the crediting rate of the Fund.
Please read the Annual Disclosure Document (April 2024) carefully before investing. This Disclosure Document contains important information about the Program and investment options. For email inquiries, contact us at: [email protected].

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OPTIONAL PARTICIPANT SERVICES AND PRICING

We understand that different participants have different needs when it comes to their retirement plan. The Program offers the following optional services to meet the unique needs of your participants.

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Self-Directed Brokerage services

The participant who wants more control over the selection of individual stocks, bonds or mutual funds can take advantage of the self-directed brokerage window offered by Schwab.

Investors should consider carefully information contained in the securities’ prospectus, including investment objectives, risks, trading policies, charges, and expenses. You can request a prospectus by calling Schwab’s dedicated PCRA Call Center at 1-888-393-PCRA (7272). You may also request a prospectus online at schwab.com/prospectus. Please read the prospectus carefully before investing.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

investment advisory services

Participants looking for investment advice can take advantage of the advisory services provided by Voya Retirement Advisors, LLC (“VRA”), powered by Edelman Financial Engines,† either Online Advice (no charge to you) or via Professional Management. Participants electing to receive Professional Management services will incur a monthly charge payable directly from their account based upon the following fee schedule:

If you’d like to hear more about the Program and how we can help you and your employees to a secure retirement, please use the form below and one of our representatives will call you personally to discuss.

† Advisory Services provided by Voya Retirement Advisors, LLC (“VRA”). For more information, please read the Voya Retirement Advisors Disclosure Statement, Advisory Services Agreement and your plan’s Fact Sheet.

‡ Financial Professionals are Investment Adviser Representatives and Registered Representatives of, and offer securities and investment advisory services through, Voya Financial Advisors, Inc. (member SIPC).

Charles Schwab & Co., Inc., Voya, Mercer Trust Company, and the ABA Retirement Funds are separate, unaffiliated companies and not responsible for one another’s products and services. Schwab Personal Choice Retirement Account (“PCRA”) is offered through Charles Schwab & Co., Inc. (Member SIPC), the registered broker/dealer, which also provides other brokerage and custody services to its customers.
¹  All service fees subject to change. Schwab reserves the right to pass through Regulatory Fees, foreign transaction taxes, and other fees to client accounts, which may be assessed under various US regulations or imposed by foreign governments. Fees may include any of the following: a sales fee on certain sell transactions (assessed at a rate consistent with Section 31 of the Securities Exchange Act of 1934), the Options Regulatory Fee (applicable to options transactions), Trading Activity Fee and foreign transaction taxes and fees, among other charges.
^²Excluding mutual funds, commissionable trades that execute over more than one day will be charged a separate commission for each additional day; each separate commission will apply to the portion of the trade executed on the corresponding additional day. Electronic trade orders for which price or quantity are changed by the client, and as a result execute over multiple trades on the same day, are each charged a separate commission.
³  The standard electronic $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, and fixed-income investments. Options trades will be subject to the standard $0.65 per-contract fee. Service charges apply for trades placed through a broker ($25). Exchange process, and ADR fees still apply. See the Charles Schwab Pricing Guide for Retirement Plan Accounts for full fee and commission schedules.
⁴  Limited to National Market System (NMS) securities, excluding standardized options.
⁵  Trades placed through Schwab’s electronic channels, such as Schwab.com, mobile applications, and automated phone services. Certain securities may not be available through all electronic trading channels. Up to 999,999 shares can be placed per trade.
⁶ For participants who utilize the PCRA, the following fees and conditions may apply:
Trades in no-load mutual funds available through Mutual Funds OneSource service (including Schwab Funds) as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Funds are also subject to management fees and expenses. Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies for record keeping, shareholder services and other administrative services for shares purchased through its Mutual Fund OneSource service. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
⁷ Standard fees apply on both transactions when placing simultaneous orders to sell one or more transaction-fee fund(s) and purchase additional transaction-fee fund(s) with the proceeds.
⁸ Automatic Investment Plan (AIP) transaction fees apply to AIP-enrolled mutual funds.