OppenheimerFunds Distributors, Inc (aka: OppenheimerFunds) - General Status
OppenheimerFunds is remaining in the 403(b) market and has entered into an Umbrella ISA with CCC. Click Here for an online enrollment form for an OppenheimerFunds 403(b)(7) Custodial Account.
On 1/29/2009 CCC learned that OppenheimerFunds does not allow loans against accounts for which Participant have severed employment with Employers that sponsor the corresponding 403(b) Plans. The minimum loan amount must be no less than $1,500.00, this must represent at least 50% of the account balance plus sufficient funds to cover fees associated with the loan.
OppenheimerFunds Distributors, Inc (aka: OppenheimerFunds) Web Homepage
OppenheimerFunds Homepage may be accessed here .
Click the link(s) below for information on OppenheimerFunds investment products:
Click the link(s) below for information on the fees associated with OppenheimerFunds accounts:
403(b) Investment Options
OppenheimerFunds offers the following type(s) of 403(b) investment option:
- 403(b)(7) Custodial Mutual Funds (Load)
- End of List
Roth 403(b) Contribution Policy
OppenheimerFunds accepts Roth 403(b) contributions as of January 1, 2006. However, in rare cases some vendors (e.g., Fidelity Investments) require electronic funds transfer (EFT) to accept Roth contributions, so some employers that allow Roth 403(b) Contributions will not remit Roth contributions to such vendors.
Investment products of OppenheimerFunds are marketed using the following approaches:
- End of List Declared by OppenheimerFunds
Helpful Employee Resources
OppenheimerFunds provides a consumer education and planning center on its website. These vendor-provided websites have varying generic content, but often include videos, reports, and calculators to assist participants in their financial and life planning.
Active in Other CCC Employer 403(b) Plans
To see which other CCC Employers hold Active Payroll Slots with OppenheimerFunds, please visit our General OppenheimerFunds Distributors, Inc Page.
Vendor Page Maintainance
Vendors may manage their own CCC website pages via authorized logins available upon request. Vendors are invited to update their company and Employer-specific information (Plan or Group Number, Local Contacts, Product Information, Forms, etc.) regularly.
OppenheimerFunds Distributors, Inc (aka: OppenheimerFunds) - Bend-La Pine Schools Status
This Vendor is an 'Exchange Only Vendor' in this District's 403(b) Plan.
OppenheimerFunds Distributors, Inc Plan Number
When contacting OppenheimerFunds or its local contacts, have ready your Bend-La Pine Schools - OppenheimerFunds Distributors, Inc GROUP NUMBER: 136101
Bend-La Pine Schools EIN
When contacting OppenheimerFunds or its local contacts, you may require the Bend-La Pine Schools EIN: 936000393
Bend-La Pine Schools Local Contacts
Some authorized investment companies have numerous financial representatives authorized to do business on their behalves. Others have no agents at all. The list below includes the most recent information available about the company's main avenue of contact as well as any local contacts for OppenheimerFunds on Bend-La Pine Schools list of authorized vendors.
Request Additional Information from OppenheimerFunds Distributors, Inc
Contact OppenheimerFunds directly if you have additional questions about OppenheimerFunds products or services.
Information Sharing Agreement, If Applicable
OppenheimerFunds Distributors, Inc has signed an Umbrella Information Sharing Agreement with CCC and is eligible to receive Exchanges Within, Plan-to-Plan Transfers Into, or Rollover Contributions Into Bend-La Pine Schools 403(b) accounts. You may view that Signed Document here: Umbrella-ISA (pdf).
Employer Minimum Contribution
Bend-La Pine Schools
does not require any monthly minimum contribution, however some Vendors may require a minimum contribution amount (see below).
Vendor Minimum Contribution
OppenheimerFunds Distributors, Inc
requires a minimum monthly contribution of $25.00
Vendor Forms and Online Submissions Links
OppenheimerFunds Distributors, Inc has supplied the following forms which may be PDFs or online submittals:
Please contact OppenheimerFunds to request any other type of forms you might need.
Bend-La Pine Schools Vendor Information Page
Information concerning the contribution types, catch-ups, transactions allowed under the Bend-La Pine Schools 403(b) Plan and much more on the Bend-La Pine Schools Information Page, available by clicking here.