Changes to Your Retirement Plan
In an effort to provide you with the best chance for retirement success, OneBeacon recently reviewed the investments and structure of the OneBeacon 401(k) Savings and Employee Stock Ownership Plan. With that in mind, OneBeacon decided to make a number of changes to the Plan.
These changes will take place during the third and fourth quarters of 2015:
- Two funds will be added August 7, 2015, after 4 p.m., Eastern time.
- Seven funds will close August 31, 2015, at 4 p.m., Eastern time.
- A number of investment options will be offered at lower costs starting August 31, 2015, at 4 p.m., Eastern time.
- A quarterly fee will be taken from all Plan accounts starting fourth quarter 2015.
To read the full communication regarding these changes click here.