Anyone see the email about the 401k funds changing names?

[ManInBrown]

What does this mean in English? I’m 100% in the S&P and now the fund isn’t called S&P anymore. Is it still S&P and they just changed the name. Column on left is old fund name, column on right new name.

This is one of the lines in the email. Should we take this as everything is still the same, just new name?

“The names of the funds are changing but will retain similar investment strategies and objectives”

 

[over9five]

Besides the fund name changes, I think it means we just pay more in fees.

 

[Thebrownblob]

Besides the fund name changes, I think it means we just pay more in fees.

Blackrock taking over

 

[ManInBrown]

Besides the fund name changes, I think it means we just pay more in fees.

Yeah we’ll see. I called when it first got switched to Empower and after being passed thru to 5 different people I was told the fees stayed the same.

 

[I have NOT been lurking]

Blackrock taking over

We're ed