Introduction

This page contains information, news, updates, and articles of interest for Allison employees and retirees. Check this page for future updates to the Allison SERSP, HERSP and other benefits programs.


For Your Interest


Plan Updates

Allison Fund Lineup Changes - October 2021

Allison Transmission has announced changes that will impact the Allison Transmission Employee Retirement Savings Plan.

Effective as of the close of business on October 15, 2021, two investment options will be added to the plan and two will close and be removed. Existing balances in and future contributions to the closing funds will be transferred to the new investment options in the plan unless directed elsewhere by the participant.

To discuss these important changes to the Allison 401(k) plans and how to allocate your portfolio in light of the new fund lineup, do not hesitate to contact Mainstay toll-free at 1-866-444-6246.

Allison Fund Lineup Changes – November 2016

Allison Transmission has announced changes that will impact the Allison Transmission Salaried Employee Retirement Savings Plan and the Allison Transmission Hourly Employee Savings Plan.

Effective as of the close of business on December 15, 2016, two investment options will be added to the plan and two will close and be removed. Existing balances in and future contributions to the closing funds will be transferred to the new investment options in the plan unless directed elsewhere by the participant.

To discuss these important changes to the Allison 401(k) plans and how to allocate your portfolio in light of the new fund lineup, do not hesitate to contact Mainstay toll-free at 1-866-444-6246.

Allison Fund Lineup Changes – January 2016

Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the Plans”). Effective February 5, 2016, one fund will be added as an investment option to the plan and several funds will close and be removed.

Balances in the closing funds will automatically transfer to existing funds in the plan unless directed elsewhere by the participant.

Two funds will also change share class on February 5, 2016. As a result of the share class changes, the fund codes and ticker symbols will also change. For each fund, the new share class will offer the same investment strategy and risk, but will have a lower overall expense.

To discuss these important changes to the Allison 401(k) plans and how to allocate your portfolio in light of the new fund lineup, do not hesitate to contact Mainstay toll-free at 1‑866‑444‑6246.

Allison Savings Plan Changes – May 2015

Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the Plans”).

Effective May 26, 2015, one fund will no longer be available and several investment options will change share class. As a result of the share class changes, the fund codes and ticker symbols will change. The new share classes will offer the same investment strategy and risk, but will have a lower overall expense.

To discuss these changes to the Allison Transmission 401(k) plans and how they may impact your current portfolio allocation, do not hesitate to contact us toll-free at 1-866-444-6246.

Allison Fund Change Announcement – January 2015

Allison Transmission has announced a fund change that impacts the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the Plans”). PIMCO Total Return Fund will be replaced by Metropolitan West Total Return Bond Fund, a fund with a similar investment objective.

This change will be effective as of the close of business on February 27, 2015. Contact Mainstay toll-free at 1-866-444-6246 to discuss this upcoming change and the impact it may have on your portfolio.

Allison Savings Plan Change Announcement – May 2014

Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the Plans”). Several investment options in the Plans will change share class. Investment strategies and risks for these funds will be similar, but the overall expenses for the investment options will be lower.

These changes will be effective as of the close of business on June 25, 2014. Contact Mainstay toll-free at 1-866-444-6246 to discuss the impact these changes may have on your portfolio.

Allison Fund Change Announcement – July 2012

Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the plans”). Beginning July 11, 2012 Templeton Institutional Foreign Smaller Companies Series Advisor was added to the fund lineup.

Effective July 11, 2012 Royce Value Plus Fund Institutional Class was removed from the plans and all existing balances in, and future contributions and loan repayments allocated to this fund were transferred to the Loomis Sayles Small Capital Value Fund Institutional Class, unless otherwise directed.

Also, effective July 11, 2012 Fidelity Stock Selector Small Cap Fund was frozen and closed to new investments. As of the market close on October 10, 2012 all remaining investments in the Stock Selector Small Cap Fund will be transferred to the Loomis Sayles Small Capital Value Fund Institutional Class unless otherwise directed. The Stock Selector Small Capital Fund will then be removed from the fund lineup.

Allison Savings Plan Changes – August 2009

Allison announced changes that will affect the participants of the Allison Transmission Salary Employee Retirement Savings Plan and the Allison Transmission Hourly Employee Retirement Savings Plan.

The following investment options are closed to new investments as of 4:00 PM on August 3, 2009:

Fidelity Value Fund
Fidelity Mid Cap Stock Fund
Fidelity Real Estate Investment Portfolio

The following investment options are added as of August 3, 2009:

Artisan Mid Cap Value Fund - Investor Class
Jennison Mid Cap Growth Fund – A

Anyone that was making contributions to the funds that will be closing, will have needed to redirect them by 4:00 PM on August 3, 2009. If no change was made, future contributions to the closed funds would have been redirected automatically according to the following table.

Fidelity Value Fuind To Artisan Mid Cap Value Fund

Fidelity Mid Cap Stock Fund To Jennison Mid Cap Growth Fund

Fidelity Real Estate Investment To Vanguard REIT Index Fund

Roth 401(k) Option

The Roth feature within a 401(k) plan allows employees to “tax diversify” their income sources for retirement. Employees have the flexibility to direct contributions between both types of 401(k) accounts as their current and future tax situation dictates. Additionally, for those Allison employees who are ineligible for a Roth IRA, a Roth 401(k) provides an opportunity to build a tax-free retirement income source.

We applaud Allison Transmission for taking advantage of this provision in the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA).

Request a free copy of Mainstay Capital Management’s “Roth 401(k) Investment Guide”.

Roth 401(k)s - Frequently Asked Questions


News and Articles



 

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or call us toll-free at 866-444-6246.

Important Consumer Disclosures

Mainstay Capital Management, LLC is an investment advisor registered with the Securities and Exchange Commission. Due to various state regulations and filing requirements, Mainstay and its representatives may only provide investment advisory services in those states in which it is first appropriately registered or otherwise exempt or excluded from registration requirements. The purpose of this website is to provide the public with general information about the services offered by our investment management firm. Mainstay does not render personalized investment advice or services or effect, or attempt to effect any securities transactions, on this website. Our firm continuously monitors its filing requirements in all states, and will provide individualized advisory services only in accordance with various state regulations. Mainstay does not make any representations or warranties as to the accuracy, completeness, or relevance of any information prepared by any unaffiliated third party provider, whether linked to Mainstay's website or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

 

Disclosure Information - Rankings and Awards

Barron's Magazine - Top 100 Independent Financial Advisors

According to Barron’s: The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross‐checks with securities firms and conversations with individual advisors. The formula Barron’s uses to rank advisors is proprietary. It has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of clients. The quality of practice component includes an evaluation of each advisor’s regulatory record. The data is based on one fiscal year (7/1/22 - 6/30/23) and appeared in Barron’s on 9/18/23.


Schwab IMPACT Awards
®

The Charles Schwab & Co., Inc.’s IMPACT Awards® program recognizes excellence in the business of independent financial advice. Nominees are evaluated and selected by a panel of prominent leaders from both the business world and the financial services industry. Mainstay Capital Management does use Charles Schwab to custody certain client assets, however there was no direct compensation provided to be nominated for this award. Mainstay Capital Management received this annual award on November 15, 2017.