Nearly 70 percent of NTCA Savings Plan participants have elected to receive their quarterly statements and other documents, such as trade confirmations, prospectuses and other financial reports, electronically from Fidelity Investments. Approximately 5 percent of participants have specifically requested to receive their documents by paper via the U.S. mail. The remaining participants have not made a specific election regarding the distribution method and currently receive their quarterly statements and other financial documents by U.S. mail. Beginning with their third quarter statement, these participants who have not made a specific election will start receiving their financial documents electronically. This change does not affect the nearly 75 percent of participants who have made an affirmative election on their document distribution. Plan participants can visit Fidelity NetBenefits to make or change their document distribution election.
Read more articles from the August 2021 issue of Benefits Report.