June 24 is Last Day for Trades before SDBA Transition

NRECA Employee Benefits website and phone system will be updated to keep participants informed during the transition period.

NRECA is beginning the transfer of the 401(k) Pension Plan’s self-directed brokerage account (SDBA) administration from State Street Global Markets, LLC, to TD Ameritrade, Inc. The last day SDBA participants can make trades prior to the blackout period is June 24, 2014.

From June 25 through July 7, 2014, SDBA holders will be temporarily unable to make brokerage transactions between their SDBA and the core funds in the 401(k) Plan. This transition period is called a “blackout period.”

Click on the links below for copies of notices provided to participants regarding the change in SDBA administration.

“Important Notice Regarding Your Rights as a Participant under the 401(k) Pension Plan”

• Version 1: for participants who currently have an SDBA Account
• Version 2: For eligible participants with no SDBA

Letter to SDBA participants who opened an account prior to 2014 and whose account is less than $100

Commissions and Service Fees Schedule

If you or your employees have questions about the SDBA option or general financial planning questions, please contact either Steven Ulrich at 703.907.6064 or email steven.ulrich@nreca.coop, or Jose Cuellar at 703.907.6056 or email jose.cuellar@nreca.coop.

For assistance opening or closing an SDBA, participants can call the Member Contact Center at 1.886.673.2299 or email contactcenter@nreca.coop.

For questions about their pre-transition SDBA assets, trades or transfer activity, participants can contact State Street directly by calling 1.866.548.5595.