MARE Welcomes CSD Retirement Trust as New Associate Member
MARE is very pleased to welcome CSD Retirement Trust as a new Associate Member. For more information on the organization and the services that they provide, please see the information below:
What is the CSD Retirement Trust?
An Educated Choice for School Districts and Their Employees
The Trust was created for educators by educators to provide the best Supplemental Retirement Program, 403(b) & 457(b), for K-12 Employees. The Trust is a consortium of school districts that have joined together to improve retirement planning and outcomes for their employees and to reduce employee fees. As the plan sponsor, the Trust also saves districts time and money while ensuring compliance with 403(b) and 457(b) regulations. Over 6,800 active and retired employees from 54 districts/charters with $160M in plan assets make up the Trust.
Since launching in January 2010 through December 31, 2018:
• Investment options have outperformed their peer benchmark in 100% of investment categories
• Investment management fees have decreased in 94% of the Trust’s investment options
• Participant fees have decreased 63%...annual fees for a participant with a $10,000 account balance have decreased to $52 from $140
To View a short video a short video about the Trust, click on this link