J.P. Morgan Retirement Link℠ Competitive Pricing
Experience competitive pricing with JPMorgan SmartRetirement®
Retirement Link, our full-service retirement plan solution puts the breadth of our investment capabilities, thought leadership and best-in-class1 service at your fingertips to deliver stronger plans at lower costs.
DETERMINE YOUR RETIREMENT PLAN’S COMPETITIVE PRICE
RECORDKEEPING FEES WITH RE-ENROLLMENT2
RECORDKEEPING ONLY FEES
OUR SMARTRETIREMENT® RESULTS SPEAK FOR THEMSELVES
1Chatham Partners Satisfaction Survey, 2017. When evaluating DC providers, a top 2 box rating of 85% or greater corresponds to best-in-class rating. 8 out of the top 14 DC providers are incorporated into this survey. Best-in-class rating for Overall Satisfaction, Relationship Management, Account Management. The eight categories where J.P. Morgan beat the benchmark include Overall Satisfaction, Treats me as an important client, Easy to do business with, Would recommend, Good value for the money, Accommodating in meeting my needs, Reputation as retirement provider, and Offers innovative solutions. One category in the survey (Offers state-of-the-art technology) was on par with the benchmark.
2A plan re-enrollment is a process by which participants are notified that their existing assets and future contributions will be invested in the plan’s qualified default investment alternative (QDIA), in the event they don’t make an affirmative election, as defined in ERISA regulations. All participant assets are automatically moved into the QDIA on a certain date unless they make a new investment election during a specified time. The initial price is based on average participant balances, calculated at the time of sale. Pricing is only valid for plans with a 60%+ participation rate.
3Additional participant education days in English: $1,500 per day for in-person; $750 per day for plan-specific webcasts. All plans have access to ongoing participant education via live webinars and recorded presentations.
4Requires adoption of certain services. Includes Safe Harbor, QACA, ACA, EACA, QDIA, 404(a)(5). Includes the creation of Fund Change notices and Sarbanes-Oxley (SOX) notices but not the distribution of stated notices. Summary Plan Description (SPD), Summary of Material Modification (SMM) and Summary Annual Review (SAR) mailings not included. Safe Harbor notice mailing not included if using a third party plan document.
5Source: Morningstar; as of 09/30/18. Based on percentile rankings for the R6 share class of each vintage in JPMorgan SmartRetirement Funds series with a 10-year track record versus their relevant Morningstar target date category. Different share classes may have different rankings. Rankings do not take sales load into account. Excludes the SmartRetirement 2055 and 2060 Funds which are not yet ranked for the 10-year period.
6Morningstar® Awards 2014. Morningstar, Inc. All rights reserved. The 2014 U.S. Allocation Fund Manager of the Year was awarded to the SmartRetirement team for the management of the JPMorgan SmartRetirement Target Date Series (Institutional shares). Subsequent winners in the Allocation category were not target date funds. In 2015, Michael Reckmeyer and John Keogh won in the Allocation category for Vanguard Wellesley Income Fund. In 2016, the Equity and Fixed Income Investment Policy Committees won the Allocation and Alternatives (combined) category for Dodge & Cox Balanced Fund. Nominations in Morningstar's Allocation or Allocation/Alternatives categories were announced in 2012, 2014 and 2017.
7Source: Morningstar. Analyst rating as of 2/1/18 applies to the actively-managed SmartRetirement Funds.
This website is a general communication being provided for informational purposes only. It is educational in nature and not designed to be a recommendation for any specific investment product, strategy, plan feature or other purposes. By receiving this communication you agree with the intended purpose described above. Any examples used in this material are generic, hypothetical and for illustration purposes only. None of J.P. Morgan Asset Management, its affiliates or representatives is suggesting that the recipient or any other person take a specific course of action or any action at all. Communications such as this are not impartial and are provided in connection with the advertising and marketing of products and services. Prior to making any investment or financial decisions, an investor should seek individualized advice from personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor’s own situation.
Contact JPMorgan Distribution Services, Inc. at 1-800-480-4111 for a fund prospectus. You can also visit us at jpmorganfunds.com. Investors should carefully consider the investment objectives and risks as well as charges and expenses of the mutual fund before investing. The prospectus contains this and other information about the mutual fund. Read the prospectus carefully before investing.
Directed trustee services are provided by Reliance Trust Company and is included within the pricing. Optional services include Morningstar Associates, LLC 3(21) Advisory Services and 3(38) Advisory Services for fees of 2 and 5 basis points of plan assets, respectively. Self-directed brokerage services offered by Charles Schwab & Co., Inc. for an annual fee of $100/participant. Directed QDRO review services are available for $500/review. Discretionary plan amendments for $500/amendment.
Certain recordkeeping and administrative services for plans may be provided on behalf of JPMorgan Invest Holdings LLC (J.P. Morgan) by FASCore, LLC (FASCore). If retirement brokerage services are available in the plan, those services are offered by Charles Schwab & Co, Inc. (Schwab). Schwab receives fees for providing these services and is not affiliated with J.P. Morgan, FASCore or GWFS.
Target Date Funds: Target date funds are funds with the target date being the approximate date when investors plan to start withdrawing their money. Generally, the asset allocation of each fund will change on an annual basis with the asset allocation becoming more conservative as the fund nears the target retirement date. The principal value of the fund(s) is not guaranteed at any time, including at the target date.
Risks Associated with Investing in the Funds: Certain underlying J.P. Morgan Funds may invest in foreign/emerging market securities, small capitalization securities and/or high-yield fixed income instruments. There may be unique risks associated with investing in these types of securities. International investing involves increased risk and volatility due to possibilities of currency exchange rate volatility, political, social or economic instability, foreign taxation and differences in auditing and other financial standards. The Fund may invest a portion of its securities in small-cap stocks. Small-capitalization funds typically carry more risk than stock funds investing in well-established "blue-chip" companies since smaller companies generally have a higher risk of failure. Historically, smaller companies' stock has experienced a greater degree of market volatility than the average stock. Securities rated below investment grade are called "high yield bonds," "non-investment grade bonds," "below investment-grade bonds," or "junk bonds." They generally are rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investor Service. Although these securities tend to provide higher yields than higher rated securities, there is a greater risk that the Fund's share price will decline. Real estate funds may be subject to a higher degree of market risk because of concentration in a specific industry, sector or geographical sector. Real estate funds may be subject to risks including, but not limited to, declines in the value of real estate, risks related to general and economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrower.
There may be additional fees or expenses associated with investing in a Fund of Funds strategy.
MORNINGSTAR DISCLOSURE: The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10- year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Rankings do not take sales loads into account.
The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the manager research analysts of Morningstar. Morningstar evaluates funds based on five key pillars: process, performance, people, parent and price. Analysts use this five-pillar evaluation to determine how they believe funds are likely to perform over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, Negative. A Morningstar Analyst Rating of Gold, Silver or Bronze reflects an Analyst’s conviction in a fund’s prospects for outperformance. Analyst Ratings are continuously monitored and reevaluated at least every 14 months. For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to http://corporate1.morningstar.com/AnalystRating/ The Morningstar Analyst Rating should not be used as the sole basis in evaluating a mutual fund. Morningstar Analyst Ratings involve unknown risks and uncertainties that may cause Morningstar’s expectations not to occur or to differ significantly from what we expected.
J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services Inc. is a member of FINRA.
J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide.
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