The participant account maintenance fee is decreasing. All participants are charged an asset-based participant account maintenance fee to pay for administration expenses. This fee is evaluated by the board. In December, the board determined that the participant account maintenance fee should be decreased, taking into consideration current plan assets, and expenses. On March 1st, the annual participant account maintenance fee decreased to 0.16% or 16 basis points. This fee is deducted from your account balance on a monthly basis at a rate of 0.013% or 1.33 basis points. The participant account maintenance fee compares favorably to the 0.50% to 2.0% asset-based annual fee from financial advisers to provide similar services. Participants receive a notice in the mail from the DAP thirty days in advance of any change in the account maintenance fee. The Investment Manager Fees are a separate fee charged to you through your investment return. These fees are listed under the Resources & Planning tab on this web site.