Fidelity charges a fee for administering your accounts.
Participants with an account through Fidelity will be assessed a fixed quarterly fee of $11.50, which will be deducted directly from participant accounts and reflected on their Fidelity participant account statements.
At distribution, certain funds available through Fidelity may charge a redemption fee. These fees are described in the fund prospectus. In addition, expenses related to mutual fund management are assessed before mutual fund earnings are credited to your account.