N.C. Dept. of State Treasurer: Fee Holiday Saves NC 401(k) and NC 457 Plan Participants $1.6 Million
February 23, 2024
February 23, 2024
RALEIGH, North Carolina, Feb. 23 -- North Carolina State Treasurer Dale R. Folwell issued the following news release on Feb. 22, 2024:
Treasurer Dale R. Folwell, CPA, and the North Carolina Supplemental Retirement Plans Board of Trustees (Board) unanimously approved a 12-month waiver of its administrative fee at the regularly scheduled quarterly Board meeting held on Feb. 22, saving NC 401(k) Plan and NC 457 Plan (Plans) participants approximately $1.6 million over the next year.
Treasurer Dale R. Folwell, CPA, and the North Carolina Supplemental Retirement Plans Board of Trustees (Board) unanimously approved a 12-month waiver of its administrative fee at the regularly scheduled quarterly Board meeting held on Feb. 22, saving NC 401(k) Plan and NC 457 Plan (Plans) participants approximately $1.6 million over the next year.