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Investments Overview

Selecting funds to help you reach your retirement planning goals

Retirees of today and tomorrow can expect to live for decades after they stop working. While this means you can enjoy a fulfilling retirement for longer than previous generations, you’ll also need to plan ahead to meet your retirement goals and make your nest egg last.

With this future in mind, RPB offers a spectrum of investment choices so you can customize your retirement portfolio to meet your specific goals based on your investing experience, time horizon, and risk tolerance.

We recommend that you maintain a diversified portfolio, which may help limit the effect of a single market event on your entire portfolio. We also suggest that you make your investment decisions with expected long-term performance in mind. While short-term market volatility can impact your portfolio, changing your investments based on these temporary situations is often ineffective, and may have unforeseen consequences. Talk to your financial advisor or tax professional before making decisions about your asset allocation.

Not sure where to start?

Our Guide to RPB Investment Choices provides basic investing principles and fund information.

Fund tiers

RPB’s plan includes two tiers of funds, which offer participants varying levels of involvement and effort in their retirement investment decisions.

Tier 1: objective-based funds
  • RPB’s Tier 1 funds are generally best for people who don’t have the experience or desire to make regular investment decisions, or who want a simpler approach to reaching an investment objective.
  • Our objective-based funds invest in a diverse mix of asset classes. They are designed to keep pace with their benchmarks over a full market cycle, with lower volatility than the market as a whole.
  • Each of the four funds uses both active investments and passive investments to meet the goals of growth, growth and income, income, or safety of principal. As they get closer to retirement, many participants typically invest less aggressively and take on less risk in their investments.
Tier 2: self-directed index funds
  • Our Tier 2 funds allow you or your financial advisor to build a customized portfolio across asset classes to meet your unique retirement goals and financial needs. Nine of these are offered by Vanguard, one of the world's largest investment management companies.
  • Each of the index funds represents a single type of investment or asset class—such as large cap U.S. stocks or short-term bonds—and offer an array of risk and performance. This can be especially helpful if you want to coordinate your RPB plan savings with non-RPB investments.
Tier 3: socially-responsible funds
  • The Reform Jewish Values (RJV) Fund invests in global stocks and enables plan participants to strongly align their retirement investments with their Jewish values. It’s the only socially responsible fund of its kind.
Make sure your portfolio is ready for retirement.
  • Start planning as early as possible—don’t put it off.
  • Save as much as you can while you’re working, up to the IRS contribution limits.
  • You’re not limited to a single investment tier. A combination might best suit your objectives. Consult your advisor or LifeWorks.
Investment Fact Sheets & Fees

Tier 1: Objective-Based Funds

If you don’t want to make regular investment decisions, you might choose one or more of the managed funds in Tier 1, which are designed to meet various retirement savings goals.

Fund Objective Fee
Capital Appreciation Fund Asset growth 0.46%
Appreciation and Income Fund Asset growth & income 0.39%
Income Focused Fund Generate income 0.31%
Capital Preservation Fund Stability of principal 0.35%
Capital Preservation Fund - Rabbi Trust Stability of principal 0.11%
Summary of Holdings by Fund

Tier 2: Self-Directed Index Funds

If you have the knowledge and interest to make your own asset allocation decisions—or if you work with a professional financial advisor—you might choose to put your savings into the Tier 2 funds which represent a selection of asset classes, such as stocks, bonds, and real estate.

Fund Objective Fee
Vanguard Institutional Index Fund (S&P 500) Asset growth 0.02%
Vanguard Developed Markets Index Fund (International) Asset growth 0.06%
Vanguard Small-Cap Index Fund Asset growth 0.04%
Vanguard Emerging Markets Index Fund Asset growth 0.10%
Vanguard Short-Term Bond Index Fund Generate income 0.05%
Vanguard Short-Term Inflation-Protected Securities Index Fund Generate income and guard against inflation 0.04%
Vanguard Total Bond-Market Index Fund Generate income and moderate asset growth 0.04%
Vanguard Real Estate Index Fund Generate income and asset growth 0.10%

Tier 3: Socially Responsible Funds

This fund is for those who want to make a social impact with their investments and have the ability to tolerate short- to medium-term fluctuations in principal due to adverse economic conditions.

Fund Objective Fee
RPB Reform Jewish Values Fund Asset growth 0.13%

All plan participants pay the following administrative fee for both Tier 1 and Tier 2 funds:

RPB Administration Fee 0.20%
Custody, Record Keeping, and Investment Consulting Fee 0.07%

Do you want to learn more about our funds?

Call Robert Perry, RPB's Director of Participant & Employer Services. Or contact LifeWorks, a financial advisory service offered free to all RPB plan participants.

Alignment with Jewish values

While all of RPB’s Tier 1 fund options integrate our Jewish Values Investing (JVI) policy when possible, the Reform Jewish Values Fund was built specifically as a vehicle for socially responsible investing.

Investments-RPB-Fund-Choices-Graphic-713w 2x
Include your financial advisor in your RPB planning.

We encourage our participants to take an integrated approach to their financial planning. Learn how RPB can work with your financial advisor.

Managing your allocations

It’s a good practice to review your asset allocation annually to ensure you’re on track with your goals. To do this, log in to Fidelity’s NetBenefits system, and click “Change My Investments.” Our tutorial walks you through the step-by-step process of adjusting your allocations to better suit your planning needs.

Timing limitations and rules
  • You can only change your investments and transfer money between funds every five business days.
  • If you move money out of a Vanguard (Tier 2) fund, you can’t move money back to the same Vanguard fund for 30 calendar days.
  • Investment changes placed before the New York Stock Exchange closes (4pm Eastern Time) will be executed that evening and posted the following day.
  • The Equity Wash Rule—which limits direct transfers between certain competing funds for 90 days—applies to the transfer of assets directly from RPB’s Capital Preservation Fund to either the Vanguard Short-Term Bond Index Fund or the Vanguard Short-Term Inflation-Protected Securities Index Fund. If you wish to transfer assets from the Capital Preservation Fund to either the Vanguard Short-Term Bond Index Fund or the Vanguard Short-Term Inflation-Protected Securities Index Fund, you must first transfer the assets into any of the other funds for at least 90 days. The funds to which this rule applies may change in the future.

Ready to go deeper?

Dive into our Tier 1 objective-based funds in detail.

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