Loading...

Important investment change information

We’re updating the plan’s investment options. While this is important to know, no action is required.

Upcoming changes: What's next

We’re making some updates to the investment options, and while this is important information to know, no action from you is required.

As noted when we introduced the fund changes below, earlier this year, we regularly review and adjust our fund lineup to make sure we’re providing you with investment options that are in your best interests. With these latest changes, we’ll be able to reduce our overall fees on the underlying investments, which means more of your contributions will be invested for potential growth. To keep you updated on the upcoming changes, we’ve created this dedicated fund-change webpage. We encourage you to bookmark this webpage, as it will be updated regularly with detailed information, including frequently asked questions (FAQs), insights into new investment options, and timelines.

No action is required by you. These changes will happen automatically and won’t impact your current investment objectives or financial goals. If you want to review your current investment strategy, log in to your account.

Information on the recent changes (Effective June 20, 2025)

Earlier this year, Savings Plus made updates to the investment lineup to better serve participants:

  • Target Date Funds Transitioned:
    • Savings Plus Target Date Funds were replaced with State Street Target Date Funds. You can learn more about the State Street target date funds by reviewing the fund fact sheet.

  • Fund Closures:
    • The Savings Plus Target Date 2020 Fund and Short Term Investment Fund were removed. Assets from closed funds were automatically redirected to age-appropriate State Street Target Date Funds.

  • New Fund Added:
    • The State Street Target Date 2070 Fund is now available.
We regularly review and adjust our fund lineup to align with market trends, reduce fees, and better meet participant needs. These updates reflect our commitment to industry best practices and help ensure more of your contributions are invested for long-term growth.

If you had assets in the Savings Plus Target Fund on or around June 20, 2025, they were moved according to the table below:

Current funds Receiving fund
Savings Plus Target Date Fund 2065 State Street Target Retirement 2065
Savings Plus Target Date Fund 2060 State Street Target Retirement 2060
Savings Plus Target Date Fund 2055 State Street Target Retirement 2055
Savings Plus Target Date Fund 2045 State Street Target Retirement 2045
Savings Plus Target Date Fund 2040 State Street Target Retirement 2040
Savings Plus Target Date Fund 2035 State Street Target Retirement 2035
Savings Plus Target Date Fund 2030 State Street Target Retirement 2030
Savings Plus Target Date Fund 2025 State Street Target Retirement 2025
Savings Plus Target Date Fund 2020 State Street Target Retirement Income
Savings Plus Target Date Income Fund State Street Target Retirement Income

If you have assets in the Short Term Investment Fund on or around June 20, 2025, they will be moved according to the table below:

Fund elimination Birth year range Receiving fund
Short Term Investment Fund 2006+ State Street Target Retirement 2070
Short Term Investment Fund 2001-2005 State Street Target Retirement 2065
Short Term Investment Fund 1996-2000 State Street Target Retirement 2060
Short Term Investment Fund 1991-1995 State Street Target Retirement 2055
Short Term Investment Fund 1986-1990 State Street Target Retirement 2050
Short Term Investment Fund 1981-1985 State Street Target Retirement 2045
Short Term Investment Fund 1976-1980 State Street Target Retirement 2040
Short Term Investment Fund 1971-1975 State Street Target Retirement 2035
Short Term Investment Fund 1966-1970 State Street Target Retirement 2030
Short Term Investment Fund 1961-1965 State Street Target Retirement 2025
Short Term Investment Fund 1961-1965 State Street Target Retirement 2025
Short Term Investment Fund 1960 < = State Street Target Retirement — Income
Questions? Contact us
If you have questions or need further information, please schedule an appointment with a Retirement Specialist or call the Solutions Center at 1-855-616-4776.

Target Date Funds invest in a wide variety of underlying funds to help reduce investment risk. So, in addition to the expenses of the Target Date Funds, you pay a proportionate share of the expenses of the underlying funds. Like other funds, Target Date Funds are subject to market risk and loss. Loss of principal can occur at any time, including before, at or after the target date. There is no guarantee that target date funds will provide enough income for retirement.