An Asset Fee Credit will post to your DAP account on or about November 8, 2021 . The Directed Account Plan Board of Directors periodically reviews the growth in assets within the 401(k) Plan’s expense account. During a recent review, the Board determined a portion of these assets could be redistributed to participants’ accounts. The amount to be distributed to your individual account will be pro-rated based on your current account balance and will post to your account in the month of November 2021.
You will see the amount in your 4th Quarter 2021 quarterly account statement under What activity took place this period?; it will be labeled as an “Expense adjustment.”