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