Good News - Administration Fee Reduction effective 06/2017
The Trustees of the Entertainment Industry 401(k) Plan are happy to announce that due to growth of the Plan, a decrease in expenses, and favorable market conditions, the Trustees will be decreasing the monthly administration fee and doubling the discount for email delivery of statements and other notices.

Here is the new monthly fee schedule effective 06/2017:
Account Balance Prior
Monthly Fee
New
Monthly Fee
.01 - $99.99 $1.50 $1.00
$100.00 - $199.99 $3.00 $2.00
$200.00 - $499.99 $4.00 $3.00
$500.00 and over $5.00 $4.00

The discount for email delivery will increase from $1.00 to $2.00 per quarter.

For a participant with a balance of $500.00 or more who is on email delivery, this results in a savings of $16.00 per year or 29%.

Important Dates

11/20/2018
Office closed for Staff Meeting
11/22/2018 and 11/23/2018
Office closed for Thanksgiving
12/09/2018 10:00am ET
Teamsters Local 728
A 401(k)/Flex Plan representative and a 401(k) Plan Advisor will be available to answer any questions you may have about the Flex Plan or your 401(k) account
12/11/2018 10:00am - 5:00pm ET
CBS Broadcast Center
A 401(k)/Flex Plan representative and a 401(k) Plan Advisor will be available to answer any questions you may have about the Flex Plan or your 401(k) account
12/24/2018 and 12/25/2018
Office closed for Christmas
01/01/2019 and 01/07/2019
Office closed for New Years

Did you know?

Decrease in Expense Ratios Effective 05/25/2018...
The 2018 Fee Reduction Notice which was included in the 2018 First Quarter Statement shows that the expense ratios of the funds listed have been reduced which will result in a higher return in the fund. You will not see this as a reduction to the returns paid, the returns paid are net of expenses. Therefore, if the expenses decrease the returns increase.

Fee Holiday through the end of 2018
As a result of continued growth, the Trustees are happy to announce another "fee-holiday" for the remainder of 2018. Your account will not charged a monthly Administration Fee for the months of October, November, and December.

Investment Election Changes may be made on-line
Just log in and select "Election Change". The cutoff for completing election changes is 10:30am PT on trading days. Changes completed prior to 10:30am PT generally take place the same day, changes completed after the cutoff will generally trade the next trading day. If you would like to speak to an Advisor prior to making an election change, just call our Member Services Department.

Administration Fees were reduced in 06/2017
The Trustees of the Entertainment Industry 401(k) Plan are happy to announce that due to growth of the Plan, a decrease in expenses, and favorable market conditions, the Trustees decreased the monthly administration fee and doubled the discount for email delivery of statements and other notices.

Here is the monthly fee schedule effective 06/2017:

                             Prior                New
Account Balance          Monthly Fee          Monthly Fee
.01 - $99.99                $1.50               $1.00
$100.00 - $199.99           $3.00               $2.00
$200.00 - $499.99           $4.00               $3.00
$500.00 and over            $5.00               $4.00


The discount for email delivery will increase from $1.00 to $2.00 per quarter.

For a participant with a balance of $500.00 or more who is on email delivery, this results in a savings of $16.00 per year or 29%.

Default Investment Fund
When the Administrative Office has no investment direction (Enrollment/ Beneficiary Form) on file for you, your account balance will be automatically invested in the Qualified Default Investment Alternative (QDIA). In other words, if you don't tell us where to invest your assets, they will be automatically invested in the QDIA until you tell us to differently.

To make your original investment elections, you must complete an "Enrollment/Beneficiary Form". This form allows you to make investment elections, designate a beneficiary and establish a PIN (personal identification member) to access your account. For more information please review the:     2019 Qualified Default Investment Alternative (QDIA) Notice

Log in to our website with your e-mail address
Now you can log in with either your Social Security Number or your e-mail address. The first time you log in, you will be sent a validation e-mail. The e-mail will provide a link to validate your on-line access and you will be asked to enter your PIN.

Each time you change your e-mail address, you will receive a new validation e-mail. We have added these extra layers of protection to enhance the security of your on-line account access.

2016 Fund Line-up Change Notice...
To see the transition from the Fidelity Funds to the new options available, please review the 2016 Fund Line-up Notice.

Welcome

The Entertainment Industry 401(k) Plan was created in 1996 to provide retirement benefits for daily hire and staff Union Members working in the Entertainment Industry.

The Plan has grown to over 21,000 participants nationwide in various union affiliations. As a result, we have learned and therefore refined what we do to continually improve the level of service to our members.


© 2018 Entertainment Industry 401k Plan