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Having recently added one of the (MSU-led) information sessions with some of those same concerns, it was suggested to compare the expense ratios of funds available through your current provider vs Fidelity vs TIAA-CREF. For example, I checked the Vanguard Target Date X retirement funds and at least in the range i checked (2030-2050), all the funds had the same expense ratio (at least to two significant figures since that's all I could find on the web sites) with Vanguard directly or via the same funds offered by Fidelity or TIAA-CREF (Yes, you will still get Vanguard Target Date Retirement Funds even though we no longer have Vanguard as an option. Conspiracy theorists, have at it...) Beyond that, you could go to StraightLine or any other investment agency (on your own dime) to get an outside opinion. Whether MSU is receiving any added value/benefits or the nature of such, I couldn't say. The official party line seems to be compliance with new federal regulations (although I have not seen actual documentation of said regulations), with a mix of "most people didn't even know we had 6 vendors" (the merit of which as a reason for eliminating 4 of them, I will leave to the reader). Carl Carl Bussema III Information Technologist Michigan State University Outreach & Engagement Phone: (517) 353-8977 • Fax: (517) 432-9541 [log in to unmask] On Tue, Nov 15, 2011 at 7:52 AM, Laurence Bates <[log in to unmask]> wrote: > ** ** ** ** ** > > A number of people have raised concerns about the MSU Retirement > Consolidation Changes such as the added value that MSU is receiving in > either goods or services to limit the number of retirement vendors, and the > costs for faculty and staff who wish to retain their previously preferred > vendor. Since this involves money that belongs to current and future MSU > retirees and not MSU, I wondered if there was a non-MSU affiliated web site > that I could point people to who wanted to consider these issues.**** > > ** ** > > Laurence**** > > ** ** > > ** ** > ------------------------------ > > *From:* [log in to unmask] [mailto:[log in to unmask]] *On Behalf Of *Rich > Tibbals > *Sent:* Monday, November 14, 2011 5:50 PM > *To:* **Laurence Bates** > *Cc:* [log in to unmask] > *Subject:* Re: [MSUNAG] MSU Retirement Consolidation Changes**** > > ** ** > > Laurence, > > What do you mean by objective source? What are you hearing in your > college? > > --Rich**** > > On Mon, Nov 14, 2011 at 4:12 PM, **Laurence Bates** <[log in to unmask]> > wrote:**** > > I have been reviewing the MSU Retirement Consolidation Changes and > wondered if anyone is receive requests from faculty about a more objective > source of information. What advice are you giving?**** > > **** > > Laurence**** > > **** > > **** > > Laurence A. Bates**** > > ****College** of **Education******** > > ****Michigan** **State** **University******** > > 217E Erickson Hall**** > > ****East Lansing******** > > MI 48824**** > > 517-355-2178**** > > [log in to unmask]**** > > **** > > An exuberant rationalist...**** > > **** > > > > > -- > Rich > > Richard C. Tibbals > Director of Technology and ****Facilities** > **College**** of Communication Arts and Sciences > ****Michigan** **State** **University**** > 287 Comm Arts Bldg. > ****East Lansing****, Mi 48824-1212 > > Voice: 517-432-5674 > Fax:517-432-1244 > > infotech.cas.msu.edu**** >