Benefits Handbook

When you invest in a fund other than the MMC Stock Fund, there is a fee charged as a percentage of assets invested. That fee is reflected as an offset to the fund's investment returns. The fees charged by each fund are shown in the fund's Fund Fact Sheet. That fee covers the fund's investment management expenses. Since the fee offsets the investment returns you receive, this fee commensurately lowers your investment returns and thus your total account value.