Effective October 1, 2024, the Recordkeeping Fee for the Plan was reduced and we made a number of changes to the investment lineup.
Announcing Lower Fees and New Fund Options in the News Corp 401(k) Savings Plan
We’re always looking for ways to help you save money. That’s why after a recent review we made the following changes in the News Corp 401(k) Savings Plan:
The Fidelity Index Funds have changed to the funds listed below. The new funds have similar investment objectives, but with lower overall expenses, as illustrated in the expense information listed in the table below, which is the percentage of assets paid to administer the fund.
- FIAM U.S. Bond Index Commingled Pool Class D
- Spartan® 500 Index Pool Class D
- Spartan® Extended Market Index Pool Class D
The Vanguard Index Funds have been replaced with these lower-cost funds:
- Spartan® Real Estate Index Pool Class D
- Spartan® Total International Index Pool Class D
Two new funds have been added:
- BlackRock Total Return Bond Fund M
- Capital Group 2070 Target Date Retirement TrustSM (US) Class TD3 Fund
Click HERE to log on to Fidelity NetBenefits® and view the notice(s) posted in the Plan Changes section of the Plan Information tab for more detailed information including the associated fees for record keeping and investment services.