George Hartzman's City of Greensboro 457 Plan Proposal; $572,328 less per year = $27,862,535.61 Potential Raise for Participants @ 3% in 30 years

 

 

Current Estimated Investment Expenses = $635,825 per year

 

Record Keeping and Contract Fees = $143,292

 

*City of Greensboro 457 Plan Total Annual Fees = $788,920

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Hartzman's Proposal; $572,328 less per year

 

*Current...........; $788,920 per year

*Proposed........; $216,592 per year

Difference.....; $572,328 per year
.
.
$572,328 / 12 months = $47,694

*30 year results; $27,862,535.61

*The estimated fees are illustrated for a twelve month period. Fees in the above tables are provided as an estimate based on current fund balances and participant counts provided.  This estimate is for illustration purposes only and was prepared based upon information provided.  Actual fees may vary.  For more complete information on management fees and other charges and expenses, please consult the fund's prospectus and other comparable documents.