North Carolina's Stable Value Fund

The 0.44 could/should be about 0.15%.

$1,877,694,648 X 0.0044 = $8,261,856.45

$1,877,694,648 X 0.0015 = $2,816,541.97

By lowering fees, the fund could save;

$8,261,856.45 - $2,816,541.97 = $5,445,314.48 per year