Fees and expenses
The information below describes the fees and expenses you would pay if you contributed to a particular investment portfolio in the Quest529 Education Savings Plan. These fees are indirectly paid out of the assets of your account. Except for the fees listed below, there are currently no other fees, charges or penalties imposed by or payable to the plan in connection with opening or maintaining an account.
| Investment Portfolios | Estimated Underlying Investment Expenses(1) | Plan Management Fee(2) | State Administrative Fee(3) | Total Annual Asset-Based Fees(4) |
|---|---|---|---|---|
| 2044-2045 Enrollment Portfolio | 0.06% | 0.01% | 0.01% | 0.08% |
| 2042-2043 Enrollment Portfolio | 0.06% | 0.01% | 0.01% | 0.08% |
| 2040-2041 Enrollment Portfolio | 0.06% | 0.01% | 0.01% | 0.08% |
| 2038-2039 Enrollment Portfolio | 0.07% | 0.01% | 0.01% | 0.09% |
| 2036-2037 Enrollment Portfolio | 0.07% | 0.01% | 0.01% | 0.09% |
| 2034-2035 Enrollment Portfolio | 0.08% | 0.01% | 0.01% | 0.10% |
| 2032-2033 Enrollment Portfolio | 0.08% | 0.01% | 0.01% | 0.10% |
| 2030-2031 Enrollment Portfolio | 0.06% | 0.01% | 0.01% | 0.08% |
| 2028-2029 Enrollment Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
| Enrolled Portfolio | 0.04% | 0.01% | 0.01% | 0.06% |
Footnotes
- 1Estimated Underlying Investment Expenses represent a weighted average of the expenses of the Portfolio's Underlying Investments as of November 1, 2025. Expense ratios have been derived from each Underlying Fund's most recent prospectus. The fees and expenses of the Underlying Funds may change.↩
- 2Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the Plan Management Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Management Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 3Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the State Administrative Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan State Administrative Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 4Total Annual Asset-Based Fee illustrates the total asset-based fees assessed against net assets annually. Please refer to the Hypothetical $10,000 Investment Cost Chart in the Plan Description to review the impact of fees and expenses on a hypothetical $10,000 investment in the Plan over 1-, 3-, 5-, and 10-year periods.↩
| Investment Portfolios | Estimated Underlying Investment Expenses(1) | Plan Management Fee(2) | State Administrative Fee(3) | Total Annual Asset-Based Fees(4) |
|---|---|---|---|---|
| Aggressive Growth Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
| Aggressive Portfolio | 0.06% | 0.01% | 0.01% | 0.08% |
| Moderate Portfolio | 0.07% | 0.01% | 0.01% | 0.09% |
| Conservative Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
Footnotes
- 1Estimated Underlying Investment Expenses represent a weighted average of the expenses of the Portfolio's Underlying Investments as of November 1, 2025. Expense ratios have been derived from each Underlying Fund's most recent prospectus. The fees and expenses of the Underlying Funds may change.↩
- 2Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the Plan Management Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Management Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 3Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the State Administrative Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan State Administrative Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 4Total Annual Asset-Based Fee illustrates the total asset-based fees assessed against net assets annually. Please refer to the Hypothetical $10,000 Investment Cost Chart in the Plan Description to review the impact of fees and expenses on a hypothetical $10,000 investment in the Plan over 1-, 3-, 5-, and 10-year periods.↩
| Investment Portfolios | Estimated Underlying Investment Expenses(1) | Plan Management Fee(2) | State Administrative Fee(3) | Total Annual Asset-Based Fees(4) |
|---|---|---|---|---|
| U.S. Equity Index Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
| U.S. Small Cap Equity Index Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
| International Equity Index Portfolio | 0.05% | 0.01% | 0.01% | 0.07% |
| Bond Index Portfolio | 0.02% | 0.01% | 0.01% | 0.04% |
| Long-Term Treasury Portfolio | 0.10% | 0.01% | 0.01% | 0.12% |
| Principal Plus Interest Portfolio(5) | N/A | N/A | N/A | N/A |
Footnotes
- 1Estimated Underlying Investment Expenses represent a weighted average of the expenses of the Portfolio's Underlying Investments as of November 1, 2025. Expense ratios have been derived from each Underlying Fund's most recent prospectus. The fees and expenses of the Underlying Funds may change.↩
- 2Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the Plan Management Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan Management Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 3Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the State Administrative Fee at an annual rate of 0.01% of the average daily net assets held by that Investment Portfolio. Payment of the Plan State Administrative Fee by each portfolio is already reflected in the portfolio's NAV.↩
- 4Total Annual Asset-Based Fee illustrates the total asset-based fees assessed against net assets annually. Please refer to the Hypothetical $10,000 Investment Cost Chart in the Plan Description to review the impact of fees and expenses on a hypothetical $10,000 investment in the Plan over 1-, 3-, 5-, and 10-year periods.↩
- 5The Principal Plus Interest Portfolio does not pay Plan Management or State Administrative Fees. Teachers Insurance and Annuity Association of America ("TIAA"), an affiliate of TFI and the issuer of the TIAA Funding Agreement in which this Investment Portfolio invests, makes payments to the Plan Manager. These payments, among many other factors, are considered by the issuer when determining the interest rate(s) credited under the TIAA Funding Agreement.↩
