Fees & Expenses

The information below describes the fees and expenses that you would pay if you contributed to a particular investment portfolio in the Edvest 529 College Savings Plan. These fees are indirectly paid out of the assets of your account. Except for the fees listed below, there are currently no other fees, charges or penalties imposed by or payable to the Plan in connection with opening or maintaining an account.

Investment Portfolios Estimated Underlying Investments Expense(1) Plan Manager Fee(2) State Administrative Fee(3) Total Annual Asset-Based Fees(4)
2042/2043 Enrollment Portfolio 0.06% 0.02% 0.00% 0.08%
2040/2041 Enrollment Portfolio 0.07% 0.02% 0.00% 0.09%
2038/2039 Enrollment Portfolio 0.07% 0.02% 0.00% 0.09%
2036/2037 Enrollment Portfolio 0.07% 0.02% 0.00% 0.09%
2034/2035 Enrollment Portfolio 0.08% 0.02% 0.00% 0.10%
2032/2033 Enrollment Portfolio 0.09% 0.02% 0.00% 0.11%
2030/2031 Enrollment Portfolio 0.08% 0.02% 0.00% 0.10%
2028/2029 Enrollment Portfolio 0.07% 0.02% 0.00% 0.09%
2026/2027 Enrollment Portfolio 0.06% 0.02% 0.00% 0.08%
In School Portfolio 0.05% 0.02% 0.00% 0.07%
  1. 1Estimated Underlying Investments Expense represents a weighted average of the expenses of the Investment Portfolio's Underlying Investments. Expense ratios are derived from each Underlying Investment's prospectus on or about the date of the Plan Description. The fees and expenses of the underlying investments may change over time. Although these expenses are not deducted from an Investment Portfolio's assets, each Investment Portfolio (other than the Principal Plus Interest Portfolio) indirectly bears its pro rata share of the expenses of the funds in which it invests as these expenses reduce such fund's return.↩
  2. 2Each Investment Portfolio, other than the Principal Plus Interest Portfolio, pays the Plan Manager Fee at an annual rate of 0.02% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Manager Fee by each Investment Portfolio is already reflected in the Investment Portfolio's net asset value ("NAV").↩
  3. 3The State Administrative Fee is a fee the Board may collect for its services to the Plan. The Board has waived the State Administrative Fee for this Plan. If the waiver was no longer in effect, each Investment Portfolio, other than the Principal Plus Interest Portfolio, would pay the State Administrative Fee at an annual rate of 0.10% of the average daily net assets held by that Investment Portfolio.↩
  4. 4Total Annual Asset-Based Fee reflects the total asset-based fees assessed against net assets annually. Refer to the table that shows the total approximate costs for a hypothetical $10,000 investment over 1-, 3-, 5-, and 10-year periods.↩

Investment Portfolios Estimated Underlying Investments Expense(1) Plan Manager Fee(2) State Administrative Fee(3) Total Annual Asset-Based Fees(4)
Index-Based Aggressive Portfolio 0.05% 0.02% 0.00% 0.07%
Index-Based Moderate Portfolio 0.06% 0.02% 0.00% 0.08%
Index-Based Conservative Portfolio 0.04% 0.02% 0.00% 0.06%
Active-Based Aggressive Portfolio 0.25% 0.02% 0.00% 0.27%
Active-Based Moderate Portfolio 0.29% 0.02% 0.00% 0.31%
Active-Based Conservative Portfolio 0.20% 0.02% 0.00% 0.22%
Balanced Portfolio 0.05% 0.02% 0.00% 0.07%
  1. 1Estimated Underlying Investments Expense represents a weighted average of the expenses of the Investment Portfolio's Underlying Investments. Expense ratios are derived from each Underlying Investment's prospectus on or about the date of the Plan Description. The fees and expenses of the underlying investments may change over time. Although these expenses are not deducted from an Investment Portfolio's assets, each Investment Portfolio (other than the Principal Plus Interest Portfolio) indirectly bears its pro rata share of the expenses of the funds in which it invests as these expenses reduce such fund's return.↩
  2. 2Each Investment Portfolio, other than the Principal Plus Interest Portfolio, pays the Plan Manager Fee at an annual rate of 0.02% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Manager Fee by each Investment Portfolio is already reflected in the Investment Portfolio's net asset value ("NAV").↩
  3. 3The State Administrative Fee is a fee the Board may collect for its services to the Plan. The Board has waived the State Administrative Fee for this Plan. If the waiver was no longer in effect, each Investment Portfolio, other than the Principal Plus Interest Portfolio, would pay the State Administrative Fee at an annual rate of 0.10% of the average daily net assets held by that Investment Portfolio.↩
  4. 4Total Annual Asset-Based Fee reflects the total asset-based fees assessed against net assets annually. Refer to the table that shows the total approximate costs for a hypothetical $10,000 investment over 1-, 3-, 5-, and 10-year periods.↩

Investment Portfolios Estimated Underlying Investments Expense(1) Plan Manager Fee(2) State Administrative Fee(3) Total Annual Asset-Based Fees(4)
Small-Cap Index Portfolio 0.05% 0.02% 0.00% 0.07%
U.S. Equity Active Portfolio 0.15% 0.02% 0.00% 0.17%
Large-Cap Stock Index Portfolio 0.05% 0.02% 0.00% 0.07%
Large Cap Responsible Equity Portfolio 0.17% 0.02% 0.00% 0.19%
International Equity Index Portfolio 0.05% 0.02% 0.00% 0.07%
Bond Index Portfolio 0.07% 0.02% 0.00% 0.09%
Money Market Portfolio 0.07% 0.02% 0.00% 0.09%
  1. 1Estimated Underlying Investments Expense represents a weighted average of the expenses of the Investment Portfolio's Underlying Investments. Expense ratios are derived from each Underlying Investment's prospectus on or about the date of the Plan Description. The fees and expenses of the underlying investments may change over time. Although these expenses are not deducted from an Investment Portfolio's assets, each Investment Portfolio (other than the Principal Plus Interest Portfolio) indirectly bears its pro rata share of the expenses of the funds in which it invests as these expenses reduce such fund's return.↩
  2. 2Each Investment Portfolio, other than the Principal Plus Interest Portfolio, pays the Plan Manager Fee at an annual rate of 0.02% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Manager Fee by each Investment Portfolio is already reflected in the Investment Portfolio's net asset value ("NAV").↩
  3. 3The State Administrative Fee is a fee the Board may collect for its services to the Plan. The Board has waived the State Administrative Fee for this Plan. If the waiver was no longer in effect, each Investment Portfolio, other than the Principal Plus Interest Portfolio, would pay the State Administrative Fee at an annual rate of 0.10% of the average daily net assets held by that Investment Portfolio.↩
  4. 4Total Annual Asset-Based Fee reflects the total asset-based fees assessed against net assets annually. Refer to the table that shows the total approximate costs for a hypothetical $10,000 investment over 1-, 3-, 5-, and 10-year periods.↩

Investment Portfolio Estimated Underlying Investments Expense Plan Manager Fee State Administrative Fee Total Annual Asset-Based Fees
Principal Plus Interest Portfolio(1) N/A N/A N/A N/A
  1. 1The Principal Plus Interest Portfolio is not subject to a Plan Manager Fee or a State Administrative Fee. TIAA, which is the parent of TFI, is the issuer of the funding agreement in which this Investment Portfolio invests and makes payments to the Plan Manager. These payments, among many other factors, are considered by the issuer when determining the interest rate(s) credited under the funding agreement.↩