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San Diego County Schools Fringe Benefits Consortium 403(b) Plan
Product ID: 233

Vendor:
Empower
Type:
Mutual Fund 


$58
0.43%
None
No
Roth Eligible



Enrollment and Questions

Use the following contact information to enroll or ask questions.

Website:
Visit Website
Phone:
(855) 756-4738
 E-mail:
Send Email
Mailing Information  Address:
8515 East Orchard Road
Greenwood Village, CO 80111
  In-person:
Questions about enrollment?
View the Contact Information tab on the Vendor Details page for a list of office locations.


The Fringe Benefits Consortium Deferred Compensation Program (FBC), serving member districts in San Diego County, Riverside County, and Imperial County, is a retirement program designed to help educators build and grow their savings in order to achieve their retirement dreams. It is offered through the San Diego County Office of Education and has one of the largest and diverse investment program lineups available.

Select the topics below to expand and view additional product details


The San Diego County Schools Fringe Benefits Consortium 403(b) Plan is provided with commission free advice and services.
The San Diego County Schools Fringe Benefits Consortium 403(b) Plan has investment options with no front or back end load fees. Every dollar of your contribution gets invested and there is no charge to liquidate those investments.
The Self-Directed Brokerage Account option is offered through Empower Brokerage.
Our advisers are licensed to provide personal, specific advice on your investment portfolio.
Our website allows you to automatically rebalance your portfolio on a quarterly, semi-annual, or annual basis.
Every pay period your contributions are used to purchase investments at different prices, so you are automatically dollar cost averaging through your payroll deductions.
San Diego County Schools Fringe Benefits Consortium 403(b) Plan participants are not charged to switch between funds or transfer money between funds.

San Diego County Schools Fringe Benefits Consortium 403(b) Plan participants are permitted to take loans on their account balance. There is a $95 one-time loan origination fee and a $50 annual loan maintenance fee. Maximum loan amounts are generally the lesser of 50% of your vested account balance or $50,000.00 reduced by the highest outstanding loan balance during the previous 12 months. Minimum loan amount is $1000. The interest rate is the Prime Rate published in the Wall Street Journal on the first business day of the month the loan is originated plus 2% and is fixed for the life of the loan.

Hardship withdrawals are allowed by the San Diego County Schools Fringe Benefits Consortium 403(b) Plan.

You may set up your account to automatically distribute your required minimum distributions at the beginning of each year.

Yes


All 403(b) products contain fees. The amount of fees varies greatly depending on the product. A slight increase in fees can substantially reduce the growth in your account which will reduce your income in retirement. To learn more about the impact of fees, and the different types of fees please refer to the Explanation of Fees piece located in the Help & Resources.

Fees

0.12% Annually Percentage of Annual Assets No No No

$75.00 At the time funds are withdrawn Flat Dollar Amount No No Yes

$95.00 At the time of loan origination Flat Dollar Amount No No Yes

0.03% Annually Percentage of Annual Assets No No No

$50.00 Annually Flat Dollar Amount No No Yes

Funding Options


Fixed Investment Options

Variable Investment Options


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