Flashhead
Cost

Pam

Pam begins saving $2000 per year at age 25, saves for 10 years, and then stops completely at age 35.

Michael

Michael delays saving until he turns 35 and then begins saving $2000 per year for 30 years until age 65.

Karen

Karen begins saving $2000 per year at age 25 and saves for 40 years until age 65.

*Assumes a seven percent rate of return and tax-deferred compounding.

Because UPAL is organized and operated for professionals, their employees and their families, we maintain a steadfast policy to offer our programs at a minimal cost with the highest quality possible. UPAL's efforts in keeping costs low provides a significant "bonus" every year in the form of lower expenses to our members.

Since 1987, UPAL's average total expense ratio (all inclusive -- trustee, recordkeeping and investment services) in its pension program has fallen from 1.2 percent of net assets to 0.75 percent, a decline of 38 percent. By contrast, for investment services only, the average expense ratio of major mutual funds has risen dramatically. For our fund investment services, UPAL has no sales charge, no rollover charge and our average annual expense ratio is 0.82 percent for our U.S. equity funds, which is about 45 percent lower than the industry average. This means that on a $100,000 investment, our lower investment fees can save you $680 annually.

FORMS
UPAL offers a full range of financial services for its members. We have grouped these forms and financial tools together to make it even easier for you to invest and save with us.

Please print and complete these forms then return by fax to 918.747.5596.

Through its partnership with the Bank of Oklahoma, UPAL's pension and profit sharing program is one of the Association's most successful Member Advantages. Over $185 million is administered by UPAL through its financial partners. Corporate and individual retirement plans are available. Twelve diversified investment funds are managed by top-rated money managers contracted from around the country.

The plan has been designed specifically to provide maximum flexibility to allocate pension assets among various pooled funds according to individual needs, goals and dispositions, as well as to be able to change the allocation as circumstances warrant.

Member Advantages include:

UPAL has partnered with Morgan Stanley Dean Witter for brokerage services to its pooled funds, to insure best execution of trades at the lowest possible cost.

UPAL retains Gerber/Taylor Associates, a Memphis-based consulting firm, to provide independent manager research, analysis and selection services.

*Investment Manager Changes to UPAL Funds

Daily Pricing of pooled funds

UPAL MODEL ASSET ALLOCATIONS

Conservative Model
Balanced Model
Growth Model
Aggressive Growth Model

FUND PERFORMANCE: ROLLING 12 MONTHS

  January   July
  February   August
  March   September
  April   October
  May   November
  June   December
 

Through an arrangement with the Bank of Oklahoma, UPAL offers its members personal/IRA investment programs. The program accommodates IRAs, IRA rollovers and other personal investment monies. Children and family members of UPAL members are eligible to participate in this program.

Since models don't fit everyone, the UPAL program uses customized asset allocation models and mutual fund investment vehicles. Without an additional charge, investment professionals will meet with you personally and help you develop an asset allocation plan that fits your personal investment objectives, in case the models don't meet your needs.

The UPAL Personal/IRA Investment Programs offer distinct advantages over other investment programs, such as:

No minimum annual fee. The fee on the UPAL program is only 0.25 percent. Brokerage-based mutual fund programs and individual manager programs have substantially higher fee structures.

FUND PERFORMANCE: ROLLING 12 MONTHS

  January   July
  February   August
  March   September
  April   October
  May   November
  June   December
 

UPAL announces an exciting new investment program. Our new WealthBuilder Program is structured to provide investment options exclusively to UPAL members and their spouses and children.

To find out more about the WealthBuilder Program, click here and then call UPAL at 918.747.5585

FUND PERFORMANCE: ROLLING 12 MONTHS

  January   July
  February   August
  March   September
  April   October
  May   November
  June   December