> Investment Choices
Fidelity Investments is the sole recordkeeper for the University’s retirement plan for all contributions made to the plan. Fidelity Investments was selected by the plan’s retirement investment committee after a careful and thorough review of several very qualified retirement providers. Fidelity stood apart from other bidding firms in the following ways:
- Customer-centered communications and education resources – personally relevant information that will help you make informed retirement savings and investment decisions.
- Local representation – three investor centers in the Seattle area and a commitment to providing dedicated representatives on campus for one-on-one assistance.
- Innovative and incisive planning tools – technology that simplifies the process of formulating and acting on your personal retirement plan.
- Reliable and responsive customer service – experienced Fidelity representatives who are ready to answer your questions.
The committee’s objective was to establish a partnership that provides faculty and staff with enhanced support for their retirement needs as well as access to best-in-class investment options. Fidelity offers upgraded services at a competitive cost to plan participants. Generally, Fidelity receives compensation as a percentage of assets held within custodial accounts at Fidelity. That fee is paid to Fidelity by the by the investment products available within those accounts. If Fidelity receives more than the contracted amount of compensation from the investment products, the excess may be returned as an earnings adjustment for all plan participants.