L Fund Charge?

[elroi21]

In my office one of the guys mentioned that if you put your money in a L Fund their is a monthly fee.Is this true,if so does anyone know what the charge is?

 

[ATCJeff]

In my office one of the guys mentioned that if you put your money in a L Fund their is a monthly fee.Is this true,if so does anyone know what the charge is?

No monthly charge....but....the expenses per year

Administrative Expense Ratio​

Based on administrative expenses
of the G, F, C, S, and I Funds
in proportion to their allocations
in the L Funds.
In 2005, expenses of the
G, F, C, S, and I Funds ranged
between $0.40 and $0.50​

per $1,000 account balance.


http://tsp.gov/rates/fundsheet-lfunds.pdf