ProManage, an optional asset allocation program, can help diversify a worker’s investment portfolio to help meet his or her needs. The ProManage PROgram™ constructs an individual portfolio based on the worker’s age, projected Social Security benefits, Concordia Retirement Plan accrued benefits, and CRSP account balance. ProManage does not take into consideration any other individual assets.
For more information, please reference the ProManage e-learning module.
Workers are automatically enrolled in the ProManage advisor program. ProManage will diversify investments into the various funds offered by the CRSP, conduct an annual analysis of the worker's portfolio, and make any necessary adjustments. There is an additional fee for this program.
ProManage does not take into consideration any other individual assets. Workers who already have a financial planner can opt-out of ProManage by calling Fidelity at 800-343-0860. Once a worker has opted out, they can make their own fund selections by visiting Fidelity’s website.
The CRSP offers a variety of investment opportunities. All funding options are evaluated and selected based on expected future performance, past performance vs. peers, category ranking, organizational size and stability, management tenure, expenses, and risk profile. Funds were chosen to offer diversification across a broad spectrum of the investment markets.
All mutual funds are offered through Fidelity Investments.
Workers with a CRSP account can see their account balances and projected benefits by accessing Retirement Connection through the myCPS.org benefits website. An updated snapshot of each fund is also available (courtesy of Google), by clicking on the stock symbol below. This snapshot will provide a fund summary, key statistics, performance, and Morningstar Statistics. Please note: these links are provided solely as a courtesy to Plan members, and are not under the control of Concordia Plan Services. Concordia Plan Services does not monitor or review the information for accuracy.
The funds available include:
* Please carefully consider investment objectives, risks, charges, and expenses before investing. For this and other information about any mutual fund investment, please obtain a prospectus and read it carefully before investing. Investment return and principal will fluctuate with changes in market conditions, such that shares may be worth more or less than their original cost when redeemed. Diversification cannot eliminate the risk of investment loss.
Fixed Interest Account
New York Life Insurance Company Guaranteed Interest Account
PIMCO Real Return Instl (PRRIX)
Vanguard Total Bond Market Index - Instl (VBTIX)
J.P. Morgan Core Bond Fund R6 (JCBUX)
Transamerica High Yield Bond I (TDHIX) (this fund will change to Transamerica High Yield Bond R6 (TAHBX) effective January 17, 2017)
Vanguard Balanced Index Fund Institutional (VBAIX)
Large Cap Funds
Vanguard Institutional Index Fund (VINIX)
JHancock3 Disciplined Value R6 (JDVWX)
T. Rowe Price Instl Large Cap Growth (TRLGX)
Small/Mid Cap Funds
Vanguard Extended Market Idx Instl (VIEIX)
AllianceBernstein Discovery Value Z (ABSZX)
Wells Fargo Advantage Small Co Growth I (WSCGX) (this fund will change to Wells Fargo Advantage Small Co Growth R6 (WSCRX) effective January 17, 2017)
Vanguard Total Intl Stock Index-Instl (VTSNX)
American Funds EuroPacific Growth R6 (RERGX)
Aberdeen Emerging Markets Instl (ABEMX)