Investment option changes

Lansing Board of Water & Light's Retirement Plan Committee, with the assistance of their plan consultant, CAPTRUST, recently assessed the investment options available in the 401(a) Defined Contribution Plan and 457(b) Deferred Compensation Plan and identified opportunities to enhance the Plans' offering for greater value. We’re excited to bring you an updated investment lineup.

What to expect

On December 16, 2022, the following change(s) will be made to your investment lineup:

Assets invested in and contributions to: Will be directed to:
Fidelity Contrafund (FCNTX) Fidelity Contrafund - Class K6 (FLCNX)
AMG TimesSquare Small Cap Growth Fund - Class N (TSCPX) MassMutual Small Cap Gr Eq I (MSGZX)
MFS Value R6 (MEIKX) MFS Value R3 (MEIHX)

Next steps

No action is required. If you'd like to invest your assets in another replacement investment other than what's indicated above, you can do so before 4 p.m. Eastern time on December 15, 2022.

Keep in mind

If you're enrolled in ProAccount, you don't need to take any action. These changes will be incorporated in your portfolio and the service will manage the fund changes to your Risk Tolerance Questionnaire on file.

We're here to help

If you have any questions or need additional information, contact our solutions center at 877-677-3678. Our specialists are available Monday through Friday, 8 a.m. to 11 p.m. and Saturday, 9 a.m. to 6 p.m. Eastern time.