MissionSquare Retirement assists state and local governments in establishing and maintaining retirement plans for their employees. They offer services to participants in retirement plans and individual retirement accounts, including managed accounts (ongoing investment management) and fund advice (point-in-time investment recommendations). Morningstar Investment Management LLC serves as the Independent Financial Expert, developing asset allocation models and fund-specific investment portfolios.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 0.50% |
| $100K - $300K | 0.40% |
| $300K - $500K | 0.30% |
| $500K+ | 0.20% |
The standard Managed Accounts Fee Schedule may be waived or discounted by agreement between MissionSquare and your Plan Sponsor. Certain legacy clients of Managed Accounts service pay fees lower than the standard Fee Schedule. If you enroll multiple accounts in Managed Accounts, the lowest Fee Schedule available to you will apply to all of your enrolled Managed Accounts.