YOUR GUIDE TO GETTING STARTED

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1 CentraCare Health 457(b) Deferred Compensation Plan Invest in your retirement and yourself today, with help from the CentraCare Health and Fidelity. YOUR GUIDE TO GETTING STARTED

2 Invest some of what you earn today for what you plan to accomplish tomorrow. Dear Valued Employee: Congratulations! You are eligible to participate in the CentraCare Health 457(b) Eligible Deferred Compensation Plan (457(b) Plan). Eligible employees can defer salary up to $18,000 in 2017 and have these amounts invested in the 457(b) Plan through Fidelity Investments. These pretax contributions would be in addition to, and would be maintained in an account separate from, contributions you may make to CentraCare 403(b) Retirement Savings Plan. Essentially, this means that in 2017 you may be eligible to defer up to $18,000 in your 403(b) account, as well as up to $18,000 in a 457(b) account, for a total of $36,000. (Please note that some employees may also be able to make additional catch-up contributions to the 403(b) Plan if they are age 50 or older). This is a great opportunity for you to maximize your pretax contributions. However, as explained below, eligible employees generally do not contribute to the 457(b) Plan unless they are making the maximum annual contributions to the CentraCare 403(b) Plan. Due to plan requirements, the 457(b) may be offered only to select groups of management and highly compensated employees. Additionally, it is important that you understand that since the 457(b) plan is unfunded, all compensation deferred under the plan, although invested in an account in your name with Fidelity Investments, is legally considered part of the CentraCare Health s general assets and is subject to the claims of the Health s creditors. This could result in the possible forfeiture of the deferred amounts in the unlikely event of CentraCare s insolvency. In contrast, 403(b) account contributions are not subject to the claim of creditors. Accordingly, you might consider exhausting your maximum IRS-allowed contribution to the 403(b) plan before you begin contributing to the 457(b) plan. Prior to enrolling, we would like to expand on an important aspect of the CentraCare 457(b) Plan. Upon termination of employment from CentraCare, the 457(b) Plan states that each participant must make a distribution election and choose to receive their distribution at that time, or defer it to a future date. This election must be made within 30 days of separating from employment. If you do not defer the distribution date, your distribution will be processed 60 days after the date you separated employment. We believe this plan is a great opportunity for you to save more for your retirement. If you have any questions, please call Fidelity Investments at Sincerely, Laura Burns Director, Benefits CentraCare Health Enroll in your plan and invest in yourself today.

3 Frequently asked questions about your plan. Here are answers to questions you may have about the key features, benefits, and rules of your plan. Should I enroll if I am not contributing the maximum amount to the 403(b) Retirement Savings Plan? You may want to hold off contributing to the 457(b) Plan unless you are already contributing the maximum annual amount to the 403(b) Retirement Savings Plan. This is because of the 457(b) Plan s unfunded status, the absence of any matching employer contributions, and the Plan s more limited distribution options. How do I enroll in the Plan? Log on to Fidelity NetBenefits at or call the Fidelity Retirement Benefits Line at to enroll in the Plan. How much can I contribute? Each year, your contributions, which are made from your pay on a pretax basis, are limited to a maximum dollar amount. The maximum dollar amount for 2017 is $18,000. This amount is in addition to the contributions you may make to the CentraCare 403(b) Plan. When is my enrollment effective? Your enrollment becomes effective as soon as administratively possible. How is the 457(b) Plan different from the 403(b) Plan? The primary difference is that, unlike the 403(b), the CentraCare 457(b) Plan is a nonqualified plan. This means that by participating in the Plan you become a general creditor of CentraCare and do not have the right to any particular company asset. Your 457(b) account is therefore only as secure as your CentraCare s ability to make the payment. How do I designate my beneficiary? If you have not already selected your beneficiaries, or if you have experienced a lifechanging event such as a marriage, divorce, birth of a child, or a death in the family, it s time to consider your beneficiary designations. You can change your beneficiary designation using the form enclosed in this guide. What are my investment options? To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online at Fidelity NetBenefits. What if I don t make an investment election? We encourage you to take an active role in the CentraCare Health 457(b) Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in the JPMorgan Smart Retirement Fund Class Institutional Shares with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of CentraCare. Please refer to the chart in the Investment Options section for more detail. FAQs For more information visit or call

4 FAQs If no date of birth or an invalid date of birth is on file at Fidelity your contributions may be invested in the JPMorgan Smart Retirement Income Fund Class Institutional Shares. For more information about the JPMorgan Smart Retirement Fund Class Institutional Shares options, log on to What "catch-up" contribution can I make? You may elect to make a last-3-years catch-up contribution of up to double the contribution limit in effect (up to $36,000 in 2017). This contribution may be used in one or more of the three consecutive years prior to the year in which you attain normal retirement age under the Plan. This option gives you an opportunity to catch-up on contributions you could have made but did not make in previous years. See your Employee Benefits Office for more information. When am I vested? Vesting indicates the amount of your account balance to which you are currently entitled under the Plan s rules. You are always 100% vested in your own contributions, as well as any earnings on those contributions, to the CentraCare 457(b) Plan. Can I take a loan from my account? Loans are not available in this Plan. How are my salary deferral contributions and earnings on those amounts taxed? Amounts that you defer plus earnings generally are not taxable for Federal or Minnesota income tax purposes during the year in which the compensation is deferred. However, these amounts (contributions plus earnings) will be taxed as ordinary income when they are distributed to you from the Plan. Unlike 403(b) accounts, there is no penalty for withdrawal before age 59½ or for an unforeseeable emergency. employment with CentraCare, whether due to retirement, disability, death, or otherwise. If you wish to defer immediate receipt of your account, you must make an election within 30 days following the termination of your CentraCare employment. If an election to defer distribution is not made within this 30- day period, Fidelity Investments will automatically distribute the balance of your account to you in a single lump sum payment no later than 60 days after the end of this 30- day election period. Keep in mind that withdrawals are subject to income taxes. Payment of your account will begin on the date selected by you during the 30-day election period. EXAMPLE: Sam s employment with CentraCare terminated when he was 45 and, during the 30- day period following the termination of his employment, he elected to defer distribution until January 15, 2015, when he will be 55. If, upon leaving CentraCare, you accept employment with another tax-exempt employer which maintains a 457(b) plan, then you may choose to transfer their distribution directly to the new employer s 457(b) plan. This would require prior written approval of the new employer, and is dependent on the terms of the new employer s 457(b) plan. Does the Plan provide for hardship withdrawals? Yes, hardship withdrawals are defined as an "unforeseeable emergency" and are subject to review and approval by the Plan Administrator. Generally, an "unforeseeable emergency" means a severe financial hardship resulting from a sudden and unexpected illness or accident involving you or a dependent, loss of your property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond your control. Can I make withdrawals from my account? You may initiate a distribution from your account any time after you terminate How do I access my account? You can access your account online through Fidelity NetBenefits at 2

5 or call the Fidelity Retirement Benefits Line at to speak with a representative. Where can I find information about exchanges and other plan features? You can learn about exchanges, withdrawals and more online through Fidelity NetBenefits at In particular, you can access a withdrawal modeling tool, which shows the amount of federal income taxes and early withdrawal penalties you might pay, along with the amount of earnings you could potentially lose by taking a withdrawal. You can also obtain more information about exchanges, withdrawals, and other plan features, by calling the Fidelity Retirement Benefits Line at to speak with a representative or use the automated voice response system, virtually 24 hours, 7 days a week. FAQs For more information visit or call

6 FAQs 4

7 Investment Options Here is a list of investment options for the CentraCare Health. For up-todate performance information and other fund specifics, go to Lifecycle Funds Placement of investment options within each risk spectrum is only in relation to the investment options within that specific spectrum. Placement does not reflect risk relative to the investment options shown in the other risk spectrums. Investment options to the left have potentially more inflation risk and less investment risk JPMorgan SmartRetirement Income Fund Lifecycle Funds JPMorgan SmartRetirement 2020 Fund JPMorgan SmartRetirement 2025 Fund JPMorgan SmartRetirement 2030 Fund JPMorgan SmartRetirement 2035 Fund Investment options to the right have potentially less inflation risk and more investment risk JPMorgan SmartRetirement 2040 Fund JPMorgan SmartRetirement 2045 Fund JPMorgan SmartRetirement 2050 Fund JPMorgan SmartRetirement 2055 Fund Target date investments are generally designed for investors expecting to retire around the year indicated in each investment s name. The investments are managed to gradually become more conservative over time. The investment risks of each target date investment change over time as its asset allocation changes. They are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Investment Options For more information visit or call

8 The chart below lists the assigned fund the CentraCare Health believes will best fit your diversification needs should you not select an investment option. Your Birth Date* Fund Name Target Retirement Years Investment Options Before 1954 January 1, December 31, 1958 January 1, December 31, 1963 January 1, December 31, 1968 JPMorgan SmartRetirement Income Fund JPMorgan SmartRetirement 2020 Fund JPMorgan SmartRetirement 2025 Fund JPMorgan SmartRetirement 2030 Fund Retired before 2019 Target Years Target Years Target Years January 1, December 31, 1973 JPMorgan SmartRetirement 2035 Fund Target Years January 1, December 31, 1978 JPMorgan SmartRetirement 2040 Fund Target Years January 1, December 31, 1983 JPMorgan SmartRetirement 2045 Fund Target Years January 1, December 31, 1988 JPMorgan SmartRetirement 2050 Fund Target Years January 1, 1989 and later* JPMorgan SmartRetirement 2055 Fund Target Years 2054 and beyond *Dates selected by Plan Sponsor 6

9 Core Investment Options Investment options to the left have potentially more inflation risk and less investment risk CONSERVATIVE SHORT-TERM INVESTMENT Money Market Government Fidelity Government Cash Reserves Bond BOND International / Global Templeton Global Bond Fund Class R6 Diversified BlackRock Strategic Income Opportunities Portfolio Institutional Shares PIMCO Total Return ESG Fund PIMCO Total Return Fund Vanguard Total Bond Market Index Fund Institutional Shares STOCKS AND BONDS Balanced/ Hybrid Fidelity Balanced Fund - Class K Principal Diversified Real Asset Fund Large Value John Hancock Funds Disciplined Value Fund Class R6 Investment options to the right have potentially less inflation risk and more investment risk Domestic Equities Large Blend Fidelity 500 Index Fund - Institutional Class Vanguard FTSE Social Index Fund Investor Shares Small Blend Fidelity Small Cap Discovery Fund Fidelity Small Cap Index Fund - STOCKS Large Growth Fidelity Growth Company Fund - Class K Mid Growth William Blair Small- Mid Cap Growth Fund Class I AGGRESSIVE International/ Global Diversified Fidelity Diversified International Fund - Class K Hartford International Small Company Fund Class Y Templeton Foreign Fund Class R6 Vanguard Total International Stock Index Fund Institutional Shares Emerging Markets DFA Emerging Markets Core Equity Portfolio Investment Options For more information visit or call This spectrum, with the exception of the Domestic Equity category, is based on Fidelity s analysis of the characteristics of the general investment categories of the investment options and not on the actual security holdings, which can change frequently. Investment options in the Domestic Equity category are based on the options Morningstar categories as of 02/28/2017. Morningstar categories are based on a fund s style as measured by its underlying portfolio holdings over the past three years and may change at any time. These style calculations do not represent the investment options objectives and do not predict the investment options future styles. Investment options are listed in alphabetical order within each investment category. Risk associated with the investment options can vary significantly within each particular investment category, and the relative risk of categories may change under certain economic conditions. For a more complete discussion of risk associated with the mutual fund options, please read the prospectuses before making your investment decision. The spectrum does not represent actual or implied performance. 7

10 Investment Options Investment Options Before investing in any investment option, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a mutual fund prospectus or, if available, a summary prospectus containing this information. Read it carefully. BlackRock Strategic Income Opportunities Portfolio Institutional Shares VRS Code: Fund Objective: The investment seeks total return as is consistent with preservation of capital. Fund Strategy: The fund normally invests in a combination of fixed income securities, including, but not limited to: high yield securities, international securities, emerging markets debt and mortgages. It may invest significantly in non-investment grade bonds (high yield or junk bonds). The fund may also invest significantly in non-dollar denominated bonds and bonds of emerging market issuers. It may invest up to 15% of its net assets in collateralized debt obligations, of which 10% (as a percentage of the fund s net assets) may be collateralized in loan obligations. It is non-diversified. Fund Risk: Lower-quality debt securities that involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. May not be suitable for all investors. Additional risk information for this product may be found in the prospectus or other product materials, if available. Sophisticated investors interested in a bond fund that provides the potential for both current income and share-price appreciation, and who understand the risks associated with investing in various sectors, including high-yield and foreign debt, as well as the use of fixed income derivatives and the leverage inherent in such investment instruments. Sophisticated investors who are seeking to complement his or her core bond holdings with a fund that pursues strategies divergent in one or more ways from conventional practice in the broader bond-fund universe, and who can tolerate the greater risks associated with foreign investments. DFA Emerging Markets Core Equity Portfolio VRS Code: Fund Objective: The investment seeks long-term capital appreciation. Fund Strategy: The Emerging Markets Core Equity Portfolio purchases a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor s Investment Committee ("Approved Markets"), with an increased exposure to securities of small cap issuers and securities. Fund Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is willing to accept the higher degree of risk associated with investing in emerging markets. Someone who is seeking to complement a portfolio of domestic investments and/or international investments in developed countries with investments in developing countries, which can behave differently. 8

11 Fidelity 500 Index Fund - VRS Code: Fund Objective: Seeks to provide investment results that correspond to the total return (i.e., the combination of capital changes and income) performance of common stocks publicly traded in the United States. Fund Strategy: Normally investing at least 80% of assets in common stocks included in the S&P 500 Index, which broadly represents the performance of common stocks publicly traded in the United States. Fund Risk: Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income. Someone who is seeking both growth- and value-style investments and who is willing to accept the volatility associated with investing in the stock market. The S&P 500 Index is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. Returns prior to May 4, 2011 are those of the Premium Class and reflect the Premium Class expense ratio. Had the expense ratio been reflected, total returns would have been higher. Fidelity Balanced Fund - Class K VRS Code: Fund Objective: Seeks income and capital growth consistent with reasonable risk. Fund Strategy: Investing approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities, when its outlook is neutral. Investing at least 25% of total assets in fixed-income senior securities (including debt securities and preferred stock.) Engaging in transactions that have a leveraging effect on the fund. Fund Risk: Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Fixed income investments entail interest rate risk (as interest rates rise bond prices usually fall), the risk of issuer default, issuer credit risk and inflation risk. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks. Lower-quality bonds can be more volatile and have greater risk of default than higher-quality bonds. Leverage can increase market exposure and magnify investment risk. Someone who is seeking to invest in a fund that invests in both stocks and bonds. Someone who is seeking the potential both for income and for long-term share-price appreciation and who is willing to accept the volatility of the bond and stock markets. On May 9, 2008, an initial offering of the retirement (K) class took place. Returns and expenses prior to that date are those of the non-k, non-advisor class. Had K class expenses been reflected in the returns shown, total returns would have been higher. Investment Options For more information visit or call Fidelity Diversified International Fund - Class K VRS Code: Fund Objective: Seeks capital growth. Fund Strategy: Normally investing primarily in non-u.s. securities. Normally investing primarily in common stocks. 9

12 Investment Options Fund Risk: Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. Someone who is seeking to complement a portfolio of domestic investments with international investments, which can behave differently. Someone who is willing to accept the higher degree of risk associated with investing overseas. On May 9, 2008, an initial offering of the retirement (K) class took place. Returns and expenses prior to that date are those of the non-k, non-advisor class. Had K class expenses been reflected in the returns shown, total returns would have been higher. Fidelity Government Cash Reserves VRS Code: Fund Objective: Seeks as high a level of current income as is consistent with the preservation of capital and liquidity. Fund Strategy: The Adviser normally invests at least 99.5% of the fund s total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities). Certain issuers of U.S. Government securities are sponsored or chartered by Congress but their securities are neither issued nor guaranteed by the U. S. Treasury. Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, liquidity and diversification of investments. The Adviser stresses maintaining a stable $1.00 share price, liquidity, and income. In addition the Adviser normally invests at least 80% of the fund s assets in U.S. Government securities and repurchase agreements for those securities. Fund Risk: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund s sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. The fund will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund s weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. Interest rate increases can cause the price of a money market security to decrease. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease. Someone who has a low tolerance for investment risk and who wishes to keep the value of his or her investment relatively stable. Someone who is seeking to complement his or her bond and stock fund holdings in order to reach a particular asset allocation. On December 1, 2015, this fund (formerly Fidelity Cash Reserves) was approved to operate as a government fund with different investment policies. The historical performance may not represent its current investment policies. Fidelity Growth Company Fund - Class K VRS Code: Fund Objective: Seeks capital appreciation. Fund Strategy: Normally invests primarily in common stocks of domestic and foreign issuers that Fidelity Management & Research Company (FMR) believes offer the potential for above-average growth. Growth may be measured by factors such as earnings or revenue. Uses fundamental analysis of each issuer s financial condition and industry position and market and economic conditions to select investments. 10

13 Fund Risk: The value of the fund s domestic and foreign investments will vary from day to day in response to many factors, such as adverse issuer, political, regulatory, market, or economic developments. Stock values fluctuate in response to the activities of individual companies, and general market and economic conditions. You may have a gain or loss when you sell your shares. Foreign investments involve greater risks than those of U.S. investments. Growth stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks. Someone who is seeking the potential for long-term share-price appreciation. Someone who is willing to accept the generally greater price volatility associated with growth-oriented stocks. On May 9, 2008, an initial offering of the retirement (K) class took place. Returns and expenses prior to that date are those of the non-k, non-advisor class. Had K class expenses been reflected in the returns shown, total returns would have been higher. Fidelity Small Cap Discovery Fund VRS Code: Fund Objective: Seeks long-term growth of capital. Fund Strategy: Normally investing at least 80% of assets in securities of companies with small market capitalizations (companies with market capitalizations similar to the companies in the Russell 2000 Index or the S&P Small Cap 600). Investing in either "growth" stocks or "value" stocks or both. Normally investing primarily in common stocks. Fund Risk: Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. The securities of smaller, less well-known companies can be more volatile than those of larger companies. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks. Fund short term trading fees: This fund has a Short-term Redemption Fee of 1.50% for fee eligible shares held less than 90 days. Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income. Someone who is seeking both growth- and value-style investments and who is willing to accept the generally greater volatility of investments in smaller companies. The Russell 2000 Index is an unmanaged market capitalization-weighted index of 2,000 small company stocks of U.S. domiciled companies. The S&P Small Cap 600 Index is a registered service mark of The McGraw-Hill Companies, Inc., and has been licensed for use by Fidelity Distributors Corporation and its affiliates. It is a market capitalization-weighted index of 600 smallcapitalization stocks. Fidelity Small Cap Index Fund - VRS Code: Fund Objective: The fund seeks to provide investment results that correspond to the total return of stocks of smallcapitalization United States companies. Fund Strategy: Normally investing at least 80% of assets in securities included in the Russell 2000 Index. Lending securities to earn income for the fund. Fund Risk: Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Investments in smaller companies may involve greater risks than those in larger,more well known companies. Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income. Someone who is seeking both growth- and value-style investments and who is willing to accept the generally greater volatility of investments in smaller companies. Investment Options For more information visit or call

14 Investment Options The Russell 2000 Index is an unmanaged market capitalization weighted index measuring the performance of the smallest 2,000 companies in the Russell 3000 index. Hartford International Small Company Fund Class Y VRS Code: Fund Objective: The investment seeks capital appreciation. Fund Strategy: Under normal circumstances, the fund invests at least 80% of its assets in equity securities, including non-dollar securities, of foreign small-capitalization companies. The fund diversifies its investments among a number of different countries throughout the world, with no limit on the amount of assets that may be invested in each country. The fund s investment approach is to invest in equity securities of foreign issuers that the sub-adviser, Wellington Management Company LLP ("Wellington Management"), believes have significant potential for capital appreciation. Fund Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. Growth stocks can perform differently from the market as a whole and can be more volatile than other types of stocks. The securities of smaller, less well-known companies can be more volatile than those of larger companies. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking to complement a portfolio of domestic investments with international investments in smaller companies, which can behave differently. Someone who is willing to accept the higher degree of risk associated both with investing overseas and with investing in smaller companies. John Hancock Funds Disciplined Value Fund Class R6 VRS Code: Fund Objective: The investment seeks to provide long-term growth of capital primarily through investment in equity securities; current income is a secondary objective. Fund Strategy: The fund normally invests at least 80% of its net assets in a diversified portfolio consisting primarily of equity securities, such as common stocks, of issuers with a market capitalization of $1 billion or greater and identified by the manager as having value characteristics. It may also invest up to 20% of its total assets in foreign currency-denominated securities. The fund may participate as a purchaser in initial public offerings of securities (IPO). Fund Risk: Value stocks can perform differently than other types of stocks and can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income. Someone who is comfortable with the volatility of large-cap stocks and value-style investments. The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class s actual inception of 08/31/2011. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 01/02/1997, adjusted to reflect the fees and expenses of this share class (when this share class s fees and expenses are higher.) Please refer to a fund s prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself. As September 13, 2013, this fund changed its Fund Name from John Hancock III Disciplined Value Fund Class R6. 12

15 JPMorgan SmartRetirement 2020 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2020 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2025 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2025 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. Investment Options For more information visit or call JPMorgan SmartRetirement 2030 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2030 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. 13

16 Investment Options Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2035 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2035 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2040 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2040 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. 14

17 Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2045 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2045 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2050 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2050 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Investment Options For more information visit or call

18 Investment Options Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement 2055 Fund VRS Code: Fund Objective: The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors expecting to retire around the year 2055 (target retirement date). It is designed to provide exposure to a variety of asset classes through investments in underlying funds, and over time the fund s asset allocation strategy will change. Fund Risk: The target date funds are designed for investors expecting to retire around the year indicated in each fund s name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option that gradually becomes more conservative over time and who is willing to accept the volatility of the markets. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option or who does not feel comfortable making asset allocation choices over time. JPMorgan SmartRetirement Income Fund VRS Code: Fund Objective: The investment seeks current income and some capital appreciation. Fund Strategy: The fund is a "fund of funds" that invests in other J.P. Morgan Funds (underlying funds), and is generally intended for investors who are retired or about to retire soon. It is designed to provide exposure to a variety of asset classes through investments in underlying funds, with an emphasis on fixed income funds over equity funds and other funds. 16

19 Fund Risk: The fund is subject to the volatility of the financial markets, including that of equity and fixed income investments. Fixed income investments carry issuer default and credit risk, inflation risk, and interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Principal invested is not guaranteed at any time, including at or after retirement. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking an investment option intended for people in retirement and who is willing to accept the volatility of diversified investments in the market. Someone who is seeking a diversified mix of stocks, bonds, and short-term investments in one investment option and looking primarily for the potential for income and, secondarily, for share-price appreciation. PIMCO Total Return ESG Fund VRS Code: Fund Objective: The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. Fund Strategy: The fund invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment grade securities, but may invest up to 20% of its total assets in high yield securities. The fund may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. Fund Risk: In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking potential returns primarily in the form of interest dividends rather than through an increase in share price. Someone who is seeking to diversify an equity portfolio with a more conservative investment option. As of January 6, 2017, this fund changed its name from PIMCO Total Return Fund III. PIMCO Total Return Fund VRS Code: Fund Objective: The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. Fund Strategy: The fund invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment-grade debt securities, but may invest up to 20% of its total assets in high yield securities. It may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. Investment Options For more information visit or call

20 Investment Options Fund Risk: In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking potential returns primarily in the form of interest dividends rather than through an increase in share price. Someone who is seeking to diversify an equity portfolio with a more conservative investment option. Principal Diversified Real Asset Fund VRS Code: Fund Objective: The investment seeks a long-term total return in excess of inflation. Fund Strategy: The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in investments related to real assets and real asset companies. It seeks to achieve its investment objective by allocating its assets among general investment categories related to real assets and real asset companies (which include tangible assets and investments that are expected to perform well in periods of high inflation). Fund Risk: In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking to invest in a fund that invests in both stocks and bonds. Someone who is seeking the potential both for income and for long-term share-price appreciation and who is willing to accept the volatility of the bond and stock markets. Templeton Foreign Fund Class R6 VRS Code: Fund Objective: The investment seeks long-term capital growth. Fund Strategy: Under normal market conditions, the fund invests at least 80% of its net assets in foreign securities. These securities are predominantly equity securities of companies located outside the U.S., including developing markets. The equity securities in which the fund invests are predominantly common stock, and may include smaller and midsize companies. Although the investment manager will search for investments across a large number of regions, countries and sectors, from time to time, based on economic conditions, it may have significant positions in particular regions, countries or sectors. Fund Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. Value stocks can perform differently than other types of stocks and can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking to complement a portfolio of domestic investments with international investments, which can behave differently. Someone who is willing to accept the higher degree of risk associated with investing overseas. 18

21 The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class s actual inception of 05/01/2013. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 10/05/1982, adjusted to reflect the fees and expenses of this share class (when this share class s fees and expenses are higher.) Please refer to a fund s prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself. Templeton Global Bond Fund Class R6 VRS Code: Fund Objective: The investment seeks current income with capital appreciation and growth of income. Fund Strategy: Under normal market conditions, the fund invests at least 80% of its net assets in "bonds." Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. It invests predominantly in bonds issued by governments, government-related entities and government agencies located around the world. The fund may invest up to 25% of its total assets in bonds that are rated below investment grade or, if unrated determined by the investment manager to be of comparable quality. It is non-diversified. Fund Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. The fund may invest in lower-quality debt securities that involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking potential returns primarily in the form of interest dividends rather than through an increase in share price. Someone who is seeking to complement his or her core bond holdings with international bond investments and who can tolerate the greater risks associated with foreign investments. The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class s actual inception of 05/01/2013. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 09/18/1986, adjusted to reflect the fees and expenses of this share class (when this share class s fees and expenses are higher.) Please refer to a fund s prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself. Vanguard FTSE Social Index Fund Investor Shares VRS Code: Fund Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of large- and mid-capitalization stocks. Fund Strategy: The fund employs an indexing investment approach designed to track the performance of the FTSE4Good US Select Index. The index is composed of the stocks of companies that have been screened for certain social and environmental criteria by the index sponsor, which is independent of Vanguard. The Advisor attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index. Investment Options For more information visit or call

22 Investment Options Fund Risk: Value and growth stocks can perform differently from other types of stocks. Growth stocks can be more volatile. Value stocks can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income. Someone who is seeking both growth- and value-style investments and who is willing to accept the volatility associated with investing in the stock market. Additional Risk Information: The Fund s social responsibility criteria will affect the fund s exposure to certain issuers, industries, sectors, regions and countries and could cause the fund to sell or avoid stocks that subsequently perform well. In addition, undervalued stocks that do not meet the social criteria could outperform those that do. The FTSE4Good U.S. Select Index is composed of the stocks of companies that have been screened for certain social and environmental criteria by the index sponsor, which is independent of Vanguard. Vanguard Total Bond Market Index Fund Institutional Shares VRS Code: Fund Objective: The investment seeks the performance of a broad, market-weighted bond index. Fund Strategy: The fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index. This index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of its investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index. Fund Risk: In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking potential returns primarily in the form of interest dividends rather than through an increase in share price. Someone who is seeking to diversify an equity portfolio with a more conservative investment option. The Bloomberg Barclays U.S. Aggregate Float Adjusted Index measures the total universe of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class s actual inception of 09/18/1995. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 12/11/1986, adjusted to reflect the fees and expenses of this share class (when this share class s fees and expenses are higher.) Please refer to a fund s prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself. 20

23 Vanguard Total International Stock Index Fund Institutional Shares VRS Code: Fund Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States. Fund Strategy: The fund employs an indexing investment approach designed to track the performance of the FTSE Global All Cap ex US Index, a float-adjusted market-capitalization-weighted index designed to measure equity market performance of companies located in developed and emerging markets, excluding the United States. The index includes approximately 5,800 stocks of companies located in over 45 countries. Fund Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. Value and growth stocks can perform differently from other types of stocks. Growth stocks can be more volatile. Value stocks can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking to complement a portfolio of domestic investments with international investments, which can behave differently. Someone who is willing to accept the higher degree of risk associated with investing overseas. The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class s actual inception of 11/29/2010. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 04/29/1996, adjusted to reflect the fees and expenses of this share class (when this share class s fees and expenses are higher.) Please refer to a fund s prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself. The FTSE Global All Cap ex US Index is part of a range of indices designed to help US investors benchmark their international investments. The index comprises large, mid and small cap stocks globally excluding the US. William Blair Small-Mid Cap Growth Fund Class I VRS Code: Fund Objective: The investment seeks long-term capital appreciation. Fund Strategy: Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in stocks of small capitalized ("small cap") and medium capitalized ("mid cap") companies. It invests primarily in a diversified portfolio of equity securities, including common stocks and other forms of equity investments (e.g., securities convertible into common stocks), of small cap and mid cap domestic growth companies that are expected to exhibit quality growth characteristics. Fund Risk: Growth stocks can perform differently from the market as a whole and can be more volatile than other types of stocks. The securities of smaller, less well-known companies can be more volatile than those of larger companies. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Someone who is seeking the potential for long-term share-price appreciation. Someone who is willing to accept the generally greater price volatility associated both with growth-oriented stocks and with smaller companies. Investment Options For more information visit or call

24

25 the CentraCare Health Fidelity Investments 457 Beneficiary Designation 1. GENERAL INSTRUCTIONS Please complete this form and sign it on the back. In the future, you may revoke the beneficiary designation and designate a different beneficiary by submitting a new Beneficiary Designation Form to Fidelity. Mailing instructions: Return this form in the enclosed postage-paid envelope or to Fidelity Investments, P.O. Box 5000, Cincinnati, OH Questions? Call Fidelity Investments at , 8:00 am midnight, ET, Mon-Fri, or visit us at 2. DESIGNATING YOUR BENEFICIARY(IES) You are not limited to three primary and three contingent beneficiaries. To assign additional beneficiaries, or to designate a more complex beneficiary designation, please attach, sign, and date a separate piece of paper. When designating primary and contingent beneficiaries, please use whole percentages and be sure that the percentages for each group of beneficiaries total 100%. Your primary beneficiary cannot be your contingent beneficiary. If you designate a trust as a beneficiary, please include the trust s name and the date the trust was created. Unless otherwise specified by your plan, if more than one person is named and no percentages are indicated, payment will be made in equal shares to your primary beneficiaries who survive you. If a percentage is indicated and a primary beneficiary(ies) does not survive you, the percentage of that beneficiary s designated share shall be divided among the surviving primary beneficiaries in proportion to the percentage selected for them. 3. SPOUSAL CONSENT Spousal Consent: If you are married, your plan requires that you designate your spouse as primary beneficiary for your vested account balance, payable in the form of a qualified preretirement survivor annuity. If you are married and you do not designate your spouse as your primary beneficiary for your account balances your spouse must sign the Spousal Consent portion of this form in the presence of a notary public or a representative of the Plan. Age 35 Requirement: I understand that if this beneficiary designation is executed prior to the first day of the plan year in which I attain age 35 that my spouse will become the beneficiary for the interest in my account noted above on the earlier of (1) the first day of the plan year in which I attain age 35, or (2) the date that I separate from service with the employer sponsoring the retirement Plan. I understand that if I do not wish for my spouse to be my beneficiary at that time I need to complete a new Beneficiary Designation. Please provide your signature. 4. AUTHORIZATION Fidelity Investments Institutional Operations Company, Inc

26 the CentraCare Health Fidelity Investments 457 Beneficiary Designation Please use a black pen and print clearly in CAPITAL LETTERS. Social Security #: First Name: Last Name: Mailing Address: Address Line 2: 1. YOUR INFORMATION Date of Birth: City: State: Zip: Daytime Phone: Evening Phone: Name of Employer: Plan Number (if known): City/State of Employer: I am: Single OR Married Name of Site/Division: 2. DESIGNATING YOUR BENEFICIARY(IES) Please check here if you have more than three primary or three contingent beneficiaries. Primary Beneficiary(ies) CENTRACARE HEALTH SYSTEMS I hereby designate the person(s) named below as primary beneficiary(ies) to receive payment of the value of my account(s) under the Plan upon my death. 1. Individual: OR Trust Name: Social Security Number: OR Tax ID Number: Percentage: Date of Birth or Trust Date: Relationship to Applicant: Spouse OR Trust OR Other % DC IBS

27 2. DESIGNATING YOUR BENEFICIARY(IES) (CONTINUED) 2. Individual: OR Trust Name: Social Security Number: OR Tax ID Number: Percentage: % Date of Birth or Trust Date: Relationship to Applicant: 3. Individual: OR Trust Name: Spouse OR Trust OR Other Social Security Number: OR Tax ID Number: Percentage: % Date of Birth or Trust Date: Relationship to Applicant: Spouse OR Trust OR Other Total = 100% Contingent Beneficiary(ies) If there is no primary beneficiary living at the time of my death, I hereby specify that the value of my account is to be distributed to my contingent beneficiary(ies) listed below. Please note: Your primary beneficiary cannot be your contingent beneficiary. 1. Individual: OR Trust Name: Social Security Number: OR Tax ID Number: Percentage: % Date of Birth or Trust Date: Relationship to Applicant: 2. Individual: OR Trust Name: Spouse OR Trust OR Other Social Security Number: OR Tax ID Number: Percentage: % Date of Birth or Trust Date: Relationship to Applicant: 3. Individual: OR Trust Name: Spouse OR Trust OR Other Social Security Number: OR Tax ID Number: Percentage: % Date of Birth or Trust Date: Relationship to Applicant: Spouse OR Trust OR Other Total = 100% Payment to contingent beneficiary(ies) will be made according to the rules of succession described in the instructions. Please provide signature on next page

28 3. SPOUSAL CONSENT As the spouse of the participant named above I understand that I am entitled to a death benefit if the participant dies. By signing below, I hereby acknowledge that I understand: (1) that the effect of my consent may result in the forfeiture of benefits I would otherwise be entitled to receive upon my spouse s death; (2) that my spouse s waiver is not valid unless I consent to it; (3) that my consent is voluntary; (4) that my consent is irrevocable unless my spouse completes a new Beneficiary Designation; and (5) that my consent (signature) must be witnessed by a notary public or if allowed by the Plan, a plan representative. I understand that if this beneficiary designation is executed prior to the first day of the plan year in which the participant turns 35 that my rights to receive the QJSA benefit as determined by the retirement plan provisions will be restored to me on the earlier of (a) the first day of the plan year in which the participant attains age 35, or (b) the date the participant separates from service with the employer sponsoring the retirement Plan. After that date, in order for another person to receive the death benefit that would be restored to me, I would then need to consent to a new beneficiary designation. Signature of Participant s Spouse: Date: X To be completed by a notary public or representative of the Plan: Sworn before me this day In the State of, County of Notary Public Signature: X My Commission Expires: Notary stamp must be in the above box Witnessed by plan representative: X Individual Authorization: By executing this form Date: 4. SIGNATURE AND AUTHORIZATION I certify under penalties of perjury that my Social Security number in Section 1 on this form is correct. I understand that I may designate a beneficiary for my assets accumulated under the Plan and that if I choose not to designate a beneficiary, my beneficiary will be my surviving spouse, or if I do not have a surviving spouse, distributions will be made based on the provisions of the Plan. I am aware that the beneficiary information included in this form becomes effective when delivered to Fidelity and will remain in effect until I deliver another completed and signed Beneficiary Designation Form to Fidelity with a later date. I am aware that the beneficiary information provided herein shall apply to all my Fidelity Accounts under the Plan listed in Section 1 for which Fidelity Management Trust Company ( FMTC ) (or its affiliates and/or any successor appointed pursuant to the terms of such Accounts or trust agreement in effect between FMTC and my Employer, as applicable) acts as trustee or custodian, and shall replace all previous designation(s) I have made on any of my Accounts. Your Signature: X Date: Fidelity Investments Institutional Operations Company, Inc

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31 This information is intended to be educational and is not tailored to the investment needs of any specific investor. This Plan is an unfunded, nonqualified plan, and no funded account has been established for you. Any account is only a recordkeeping account that records your deferred compensation and any notional earnings applicable to your deferred compensation. In the event of a bankruptcy or insolvency, you would be an unsecured, general creditor of the employer or service recipient. For more information on the Plan, please refer to the plan documents. This document provides only a summary of the main features of the CentraCare Health and the Plan Document will govern in the event of discrepancies FMR LLC. All rights reserved.

32 Fidelity Investments P. O. Box Grapevine, TX Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI NVCP