Expense Ratio History

MXGQX expense ratio history

Empower Lifetime 2060 Fund, Service Class

Fund company
Empower
Type
Mutual fund

0.99%

In basis points
99 basis points
Yearly cost per $10,000
$99
Prospectus dated
30 April 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.01% on 30 April 2026

Fee over time

MXGQX expense ratio: 1.05% until 29 Apr 2020, then 1.06%; 1.06% until 30 Apr 2021, then 1.03%; 1.03% until 30 Apr 2025, then 1.01%; 1.01% until 30 Apr 2026, then 0.99%; read at 0.99% on 30 Apr 2026.0.00%0.50%1.00%1.50%Apr 2019Jul 2020Oct 2021Jan 2023Apr 2024Jul 20251.05% before0.99% from 30 Apr 2026
MXGQX expense ratio: 1.05% until 29 Apr 2020, then 1.06%; 1.06% until 30 Apr 2021, then 1.03%; 1.03% until 30 Apr 2025, then 1.01%; 1.01% until 30 Apr 2026, then 0.99%; read at 0.99% on 30 Apr 2026.0.00%0.50%1.00%1.50%Apr 2019Sep 2021Feb 20241.05% before0.99% from 30 Apr 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 4 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
MXGQX (this page) Service Class 0.99% 0.98% 30 Apr 2026
— — 1.21% 1.20% 29 Apr 2020
MXGUX Institutional Class 0.54% 0.53% 30 Apr 2026
MXGNX Investor Class 0.89% 0.88% 30 Apr 2026

Every figure we've recorded

DateFeeWhat happened
30 Apr 2026 0.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2026 0.99% Cut from 1.01% to 0.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-04-30
30 Apr 2025 1.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2025 1.01% Cut from 1.03% to 1.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-04-25
11 Dec 2024 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-11 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2024 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Apr 2023 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-04-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Apr 2022 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-04-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2021 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2021 1.03% Cut from 1.06% to 1.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-04-30
29 Apr 2020 1.06% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-04-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Apr 2020 1.06% Raised from 1.05% to 1.06%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-05-20
30 Apr 2019 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.99% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,217 in fees over 10 years

After fees, $10,000 grows to $14,781.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$101
3 years$317
5 years$549
10 years$1,217

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 9 prospectuses for this share class since 2019. Each one is listed above with a link to the filing.

How we read fees

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