Each member has his or her own account with Vanguard. You can allocate your own investments into any of Vanguard mutual funds. We encourage members to consider Vanguard’s low-cost index funds.
This page on the Vanguard website lists its main investment options. We encourage members to consider the “all-in-one” retirement funds (which allocate investments between asset classes based on years until retirement) or the “core” index funds.
The plan has been structured at very low cost to its members:
-The Plan covers its operating costs primarily through donations. The Plan charges a modest administration fee to each participant scaled to the amount invested, as follows:
A. $18 for accounts less than $10K;
B. $50 for accounts between $10K and $50K;
C. $100 for accounts between $50K and $100K;
D. $125 for accounts that exceed $100K.
There is no charge, however, to participants who are members of rabbinical or cantorial associations that are making annual contributions.At other plans, annual fees range from 0.20% to 0.35% of assets; that is between $200 and $350 a year per $100,000 of assets.
– Vanguard charges a $15 annual fee per fund you are invested in (although this fee is waived for anyone with assets over $50,000 at Vanguard)
– The only other fees are the underlying funds fees – which can be as low as 0.07% with Vanguard’s index funds.