C000155998 Fees and Costs — LargeCap S&P 500 Index Account, Class 2
Data updated: 2026-08-25
The net expense ratio is 0.45%: a 0.19% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $102K in broker commissions, 0.0041% of average net assets, and portfolio turnover was 3%.
C000155998 Fees and Expenses
Annual operating expenses and sales charges of C000155998. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000155998 Costs Over Time
On $10,000 invested in C000155998, assuming 5% a year before costs, total costs come to $287 over 5 years, cutting the return by 0.48% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $48 | $157 | $287 |
| Value after costs | $10,452 | $11,419 | $12,476 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
C000155998 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0041%
- Total broker commissions: $102K
- Bought from dealers (principal trades, not a cost): $96.5M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $402K
- Net income from securities lending: $48K (0.002% of average net assets)
C000155998 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER COS | $55K | 54.64% |
| BARCLAYS CAPITAL INC. | $21K | 21.00% |
| TD BANK FINANCIAL GROUP | $15K | 15.10% |
| CITIGROUP GLOBAL MARKETS | $4K | 4.27% |
| GUGGENHEIM PARTNERS LLC | $4K | 3.51% |
| J.P. MORGAN SECURITIES LLC | $627 | 0.62% |
| GOLDMAN SACHS CO. | $286 | 0.28% |
| ROTH CAPITAL PARTNERS | $265 | 0.26% |
| BANK OF AMERICA | $167 | 0.16% |
| TELSEY ADVISORY GROUP | $156 | 0.15% |
C000155998 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP PARIBAS SECURITIES CORP | $40.6M | 42.35% |
| CITIGROUP GLOBAL MARKETS | $19.1M | 19.92% |
| BARCLAYS CAPITAL INC. | $14.5M | 15.16% |
| WELLS FARGO SECURITIES | $9.8M | 10.18% |
| RAYMOND JAMES & ASSOCIATES | $6.2M | 6.44% |
| GOLDMAN SACHS CO. | $5.5M | 5.75% |
| MACQUARIE GROUP LTD. | $185K | 0.19% |
LargeCap S&P 500 Index Account Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000020908 | Class 1 | 0.20% | — |
| C000155998 | Class 2 | 0.45% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.