WDC Program Fees
The cost to save for retirement with the WDC depends on your account balance. No state tax dollars may be used to run the WDC. Employees using the plan fund it.
As of January 1, 2024, the costs are:
| If Participant Balance is Between: | Fee Per Month | Fee Per Year |
|---|---|---|
| $0 to $5,000 | $0.00 | $0.00 |
| $5,001 to $25,000 | $0.75 | $9.00 |
| $25,001 to $50,000 | $1.75 | $21.00 |
| $50,001 to $100,000 | $4.00 | $48.00 |
| $100,001 to $150,000 | $5.00 | $60.00 |
| $150,001 to $250,000 | $7.00 | $84.00 |
| Over $250,000 | $10.25 | $123.00 |
Investment Management Fees (Expense Ratios)
An investment management fee is deducted by each investment option’s management company (not by the WDC) before the daily price or performance is calculated. These fees are used to pay for securities trading in the underlying funds and other management expenses. Investment management fees vary by investment option. You can find the WDC’s investment option expense ratios on the wdc457.org website. Go to Investing, then Investment Information, and click Wisconsin Deferred Compensation Program Investment Performance.
WDC Management
The Deferred Compensation Board oversees the WDC. This Board maintains the Plan and Trust document, which governs the WDC. The Board also has a written Investment Policy Statement that explains how investment options are selected and monitored. Options that do not meet the Board’s standards may be removed and other options added.
For more information on the WDC, see the WDC Fact Sheet, the WDC website, or contact the WDC at:
Wisconsin Deferred Compensation Program
5325 Wall Street, Suite 2755
Madison, WI 53718-7982
Phone: toll-free 1-877-457-9327, M-F 7am-9pm and Sat. 8am-4:30pm CST
Email: wdcquestions@empower-retirement.com
TTY: 1-800-766-4952