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

12/08/2019 10:00 am ET
Membership Meeting at Teamsters 728
12/10/2019 10:00 am - 4:00 pm ET
Membership Meeting at CBS Broadcast Center, New York, NY
12/13/2019 10:00 am - 4:00 pm ET
Membership Meeting at ABC, New York, NY
12/25/2019 and 12/26/2019
Office closed for Christmas
01/01/2020 and 01/10/2020
Office closed for New Years

Did you know?

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 22,000 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.


© 2019 Entertainment Industry 401k Plan