Utah Educational Savings Plan

Fees & Expenses

UESP's fee structure has three parts, click the fee name to learn more:

Vanguard and Dimensional charge an operating expense ratio for each underlying mutual fund. There are no underlying investment expense ratios assessed on the FDIC-insured accounts. The underlying investment expense ratio for the Public Treasurers' Investment Fund is 0.005 percent, which UESP pays in full. UESP reserves the right to discontinue or limit paying the underlying investment expense ratio on the Public Treasurers' Investment Fund after giving notice to affected account holders. UESP’s Administrative Asset Fee and Administrative Mail Delivery Fee cover UESP’s operating expenses and are calculated based on an account’s balance on the last business day of each month that both UESP and the New York Stock Exchange are open.

For age-based and static investment options, the total annual asset-based fees range from 0.160 to 0.214 percent. This includes the underlying fund operating expense ratios, if any, and the 0.110 to 0.170 percent Administrative Asset Fee. Utah residents invested in the Public Treasurers’ Investment Fund are not charged the Administrative Asset Fee.

For customized investment options, the total annual asset-based fees vary between 0.200 to 0.603 percent depending on the underlying investments selected. This includes the underlying fund operating expense ratios, if any, and the 0.200 percent Administrative Asset Fee.

To determine the total fees on each account, click the following:

Compare the approximate cost of investing in UESP over different periods of time with the UESP Approximate Cost of a $10,000 Investment Table.

Underlying Fund Operating Expense Ratios

Vanguard and Dimensional charge an operating expense ratio for each underlying mutual fund. Vanguard and Dimensional expense ratios do not appear on UESP account statements because the fees are deducted from the applicable underlying fund by Vanguard or Dimensional (and because you do not own shares in the Vanguard or Dimensional mutual funds). The performance and market values of a UESP account are net of any fund expense ratios.

The following operating expense ratios apply to the Vanguard and Dimensional funds included as underlying investments in UESP.

To view the Fund Fact Sheet or Prospectus click the information icon next to the fund.

  Ticker Symbol Operating Expense Ratio Prospectus Date Fund Fact Sheet Prospectus
Vanguard Funds
VG Institutional Total Stock Market Index Fund VITPX 0.020% April 28, 2015 VITPX Fact Sheet VITPX Prospectus
VG Institutional Index Fund VIIIX 0.020% April 28, 2015 VIIIX Fact Sheet VIIIX Prospectus
VG Value Index Fund1 VIVIX 0.080% April 28, 2015 VIVIX Fact Sheet VIVIX Prospectus
VG Growth Index Fund1 VIGIX 0.080% April 28, 2015 VIGIX Fact Sheet VIGIX Prospectus
VG Mid-Cap Index Fund VMCPX 0.060% April 28, 2015 VMCPX Fact Sheet VMCPX Prospectus
VG Small-Cap Index Fund VSCPX 0.060% April 28, 2015 VSCPX Fact Sheet VSCPX Prospectus
VG Small-Cap Value Index Fund1, 2 VSIIX 0.080% April 28, 2015 VSIIX Fact Sheet VSIIX Prospectus
VG Small-Cap Growth Index Fund1, 2 VSGIX 0.080% April 28, 2015 VSGIX Fact Sheet VSGIX Prospectus
VG Total International Stock Index Fund VTPSX 0.100% February 26, 2015 VTPSX Fact Sheet VTPSX Prospectus
VG Developed Markets Index Fund VDIPX 0.060% April 29, 2015 VDIPX Fact Sheet VDIPX Prospectus
VG International Value Fund2, 3 VTRIX 0.440% February 25, 2015 VTRIX Fact Sheet VTRIX Prospectus
VG International Growth Fund1, 2 VWILX 0.340% December 23, 2014 VWILX Fact Sheet VWILX Prospectus
VG Emerging Markets Stock Index Fund2 VEMRX 0.100% February 26, 2015 VEMRX Fact Sheet VEMRX Prospectus
VG Total Bond Market Index Fund VBMPX 0.050% April 28, 2015 VBMPX Fact Sheet VBMPX Prospectus
VG Short-Term Investment-Grade Fund VFSIX 0.070% May 27, 2015 VFSIX Fact Sheet VFSIX Prospectus
VG Short-Term Bond Index Fund VBIPX 0.050% April 28, 2015 VBIPX Fact Sheet VBIPX Prospectus
VG Short-Term Inflation-Protected Securities Index Fund1 VTSPX 0.070% January 27, 2015 VTSPX Fact Sheet VTSPX Prospectus
VG Total International Bond Index Fund1 VTIFX 0.120% February 26, 2015 VTIFX Fact Sheet VTIFX Prospectus
Dimensional Funds
Global Equity Portfolio1, 4 DGEIX 0.310% February 28, 2015 DGEIX Fact Sheet DGEIX Prospectus
Global Allocation 60/40 Portfolio1, 4 DGSIX 0.290% February 28, 2015 DGSIX Fact Sheet DGSIX Prospectus
Global Allocation 25/75 Portfolio1, 4 DGTSX 0.270% February 28, 2015 DGTSX Fact Sheet DGTSX Prospectus
DFA Five-Year Global Fixed Income Portfolio DFGBX 0.270% February 28, 2015 DFGBX Fact Sheet DFGBX Prospectus
U.S. Large Cap Value Portfolio1 DFLVX 0.270% February 28, 2015 DFLVX Fact Sheet DFLVX Prospectus
U.S. Small Cap Value Portfolio1, 2 DFSVX 0.530% February 28, 2015 DFSVX Fact Sheet DFSVX Prospectus
DFA Real Estate Securities Portfolio1, 2, 4 DFREX 0.180% February 28, 2015 DFREX Fact Sheet DFREX Prospectus
DFA International Value Portfolio1, 2 DFIVX 0.430% February 28, 2015 DFIVX Fact Sheet DFIVX Prospectus
DFA One-Year Fixed Income Portfolio1 DFIHX 0.170% February 28, 2015 DFIHX Fact Sheet DFIHX Prospectus
  1. The fund is available in the Customized Age-Based and Customized Static investment options only.
  2. An investment allocation to this fund may not exceed 25 percent in an account. For the Customized Age-Based investment option, this cap applies to the allocation for each age bracket. Therefore, the total operating expense ratio will reflect the weighted allocation to the underlying investments.
  3. The fund was available in the Customized Static investment option only and was closed to new investments beginning on July 25, 2011. However, upon making an investment option change, the 25 percent allocation cap in an account will apply.
  4. The total operating expense ratio reflects a fee waiver pursuant to a Fee Waiver Agreement in effect through February 28, 2016. The total operating expense ratio may increase if the Fee Waiver Agreement is not extended beyond February 28, 2016.