your FINANCIAL FUTURE

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1 ENROLLMENT KIT SHAPE your FINANCIAL FUTURE RETIREMENT PLAN SERVICES Roman Catholic Diocese of Raleigh 403(b) Retirement Plan The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New York

2 WELCOME The journey ahead Take the road to financial freedom Part of solid career planning is considering the life you want when you reach the end of your career. Even if your image of that life is a little fuzzy, it s probably safe to say that you ll want more income than just enough to cover your monthly expenses over the years. How will you pay for the extras that you want and deserve? Your retirement plan is a powerful vehicle to help you get where you want to be. There are choices for you to make, so let s get started! You need to make two decisions: #1 Decide how much to save GET STARTED AND #2 Decide how to invest Login: Employer Retirement Plans

3 PLAN HIGHLIGHTS Roman Catholic Diocese of Raleigh 403(b) Retirement Plan How can I contribute to my retirement plan? You can control your contributions in the following ways: E, Will my employer contribute to my retirement savings plan? Your employer will contribute to your retirement savings through: When am I fully vested in my retirement plan? Fully vested means you have 100% ownership of the assets in your retirement account (your plan).

4 What are my investment options? You can choose from a wide variety of investment options to meet your retirement savings goal. MAKE IT EASY DO IT YOURSELF STILL UNDECIDED? Can I consolidate my previous retirement plans? You can consolidate assets from a previous retirement plan (or plans) to create an integrated savings strategy. With this option, you have the ability to: Can I access balances in my retirement savings account prior to retirement? Loans Withdrawals of Pre-Tax Balances Fees How can I access my account? You can access and manage your retirement account anytime: LincolnFinancial.com These highlights are a brief overview of the Roman Catholic Diocese of Raleigh 403(b) Retirement Plan and not a legally binding document. Please read these materials carefully and contact your Human Resources department if you have further questions. For any investment option in the plan, including an option that is part of an asset allocation model, you may obtain a prospectus or similar document by requesting one from your employer, visiting your plan's web site, or calling a Lincoln Financial representative at

5 #1 DECIDE HOW MUCH TO SAVE The first decision to make regarding your retirement savings plan is simple but may be the most critical. You will need to decide how much money to save in the plan. To help you get started, Roman Catholic Diocese of Raleigh 403(b) Retirement Plan will automatically enroll you at a 5% contribution rate, unless you opt out of the plan or change your contribution rate. But you may want to consider setting your contributions at a higher rate. Here s why: Your contributions represent the main fuel that generates the growth of your savings. In 2014, the IRS allows you to contribute up to $17,500 to your plan, $23,000 if you re age 50 or older. (Amounts can vary by plan.) The more you save, the greater the potential accumulation over time. Starting early can make a big difference, too. One advantage of auto enrolling Don t put off until tomorrow what you can do today is great advice, but it s really great advice for retirement savers. Here s a look at what one year of extra saving at $200 a month can do for you in 20, 30, and 40 years time. Balance at age 65 $383,393 $359,354 $195,851 $182,428 One-Year Difference $24,039 $13,423 Starting Age $91,129 $83,634 $7, This is a hypothetical illustration and is not indicative of any product or performance; it does not refl ect any taxes due upon distribution or any fees associated with investing. Investment options are subject to market risk. It assumes $200 monthly contributions, 6% annual return, and retirement at age 65. Something else to think about Your employer matches part of your contribution, so don t leave money on the table! Contribute at least enough to qualify for the matching amount. Keep in mind that boosting your pretax contribution has less impact on take-home pay than you may think because the amount you contribute lowers your taxable income for the year. For example, if you re in the 15% tax bracket, a $5,000 annual contribution reduces your take-home pay by only $4,250.

6 #1 DECIDE HOW MUCH TO SAVE Every little bit counts Even a small increase in your workplace retirement plan deferral rate can make a big difference in the size of your savings. Say you re 30 years old, earn an annual salary of $52,000, and get paid biweekly. Deferring 2% of your salary to your plan may reduce your take-home pay by $16, but by age 65 you could potentially accumulate more than $161,000 in retirement savings. Defer another 2% and you could gain another $161,000. The chart below shows the impact saving 2% more can make. +$161,363 +$161,363 +$161,363 $645,451 $806,814 $322,725 $484,088 4% savings rate 6% savings rate 8% savings rate 10% savings rate Savings-rate assumptions include 3% annual raises and 6% annual investment returns, calculated using the Road to Retirement Tool, Lincoln Financial Group. Other calculations performed using the Retirement Contribution Effects on Your Paycheck tool at bankrate.com. { { As a rule of thumb, try to put at least 10% of your income toward your retirement. It s an easy-to-remember target, and the sooner you start to save, the likelier you may be to reach your financial goals. Check your progress by using the Road to Retirement Tool. Think long-term commitment

7 #2 DECIDE HOW TO INVEST To decide how to invest, simply choose the investment option that best fits your personality and current situation. As your situation changes over time, you may want to consider changing your investment approach: MAKE IT EASY Ready to save in the plan, but don t have the time or inclination to decide what direction to take your investments? It s easy to get started with one of these simple but sensible all-in-one portfolios. DO IT YOURSELF If you enjoy learning about investments and want to build your own portfolio from the lineup of investments offered in your plan, choose this option. Of course, when it comes to retirement plan investing, even do-ityourselfers don t have to go it alone. Lincoln is committed to making sure you have the personal assistance, information and tools you need to make informed decisions. Keep a big-picture perspective

8 #2 DECIDE HOW TO INVEST MAKE IT EASY The all-in-one choice You don t have to spend a lot of time and effort researching investments to take advantage of your retirement plan. These professionally designed all-in-one investment options may be all you need. Target-date options are designed to allow you to invest your contributions across a broadly diversified portfolio with just one easy selection. Simply choose the option that most closely matches the year you expect to retire your target date and it s all managed for you. Target-date options seek more growth in the early years, then gradually become more conservative over time as you approach retirement. The target date is the approximate date when you plan to retire or start withdrawing your money. Target-date investment options continue to adjust the asset allocation to a more conservative mix until the target date is reached, and sometimes beyond (see prospectus for the fund's allocation strategy). As with most of the investments offered in your plan, the principal value of this option is not guaranteed at any time, including at the target date. An asset allocation strategy does not guarantee performance or protect against investment losses. A "fund of funds" has an additional level of expensing. While you can take comfort in having the big investing decisions made for you, you may want to revisit your choices as your situation or risk tolerance changes.

9 Make it easy TARGET-DATE FUNDS A target-date fund is designed to simplify long-term investing by allowing you to make a single choice for your portfolio based on your expected year of retirement. As that date approaches, your asset allocation is automatically adjusted from a more aggressive approach to a more conservative approach to help protect you from losses just before retirement. The target date is the approximate date when investors plan to retire or start withdrawing their money. The principal value is not guaranteed at any time, including at the target date. See the fund s prospectus or similar document for the fund s allocation strategy. A fund of funds has an additional level of expensing. Morningstar Glide Path This illustration from Morningstar depicts how asset allocations change as a target-date investment nears and passes its maturity date. 100% Asset Allocation 80% 60% 40% 20% International Stocks U.S. Stocks Bonds Cash/Other 0% Years until Target Years after retirement maturity date retirement Let s say you plan to retire in 2040 and are considering a target-date investment with that maturity date. In 2020, you have 20 years until retirement. In 2040, you are at the target maturity date (Year 0). In 2050, you are 10 years past retirement. This example depicts how allocations shift along those time points, from a more aggressive approach to a more conservative one. Reach your potential

10 Make it easy TARGET-DATE FUNDS No matter which of the following target-date funds you select, this illustration shows the actual asset allocation at the target-maturity date (Year 0). It may show greater or fewer asset classes than the Morningstar sample illustration. T. Rowe Price Retirement Income R Asset Allocation as of 03/31/2014 4% Cash/Stable Value 13% International Stock Fund ID RRTIX 28% U.S. Stock 55% Bond 1% Other T. Rowe Price Retirement 2015 Asset Allocation as of 03/31/2014 3% Cash/Stable Value 19% International Stock Fund ID TRRGX 40% U.S. Stock 37% Bond 1% Other T. Rowe Price Retirement 2025 Asset Allocation as of 03/31/2014 3% Cash/Stable Value 25% International Stock Fund ID TRRHX 50% U.S. Stock 22% Bond 1% Other T. Rowe Price Retirement 2035 Asset Allocation as of 03/31/2014 3% Cash/Stable Value 29% International Stock Fund ID TRRJX 56% U.S. Stock 11% Bond 1% Other Diversification does not ensure a profit or protect against a loss in a declining market.

11 Make it easy TARGET-DATE FUNDS T. Rowe Price Retirement 2045 Asset Allocation as of 03/31/2014 3% Cash/Stable Value 30% International Stock Fund ID TRRKX 58% U.S. Stock 8% Bond 1% Other Diversification does not ensure a profit or protect against a loss in a declining market.

12 #2 DECIDE HOW TO INVEST DO IT YOURSELF Your plan offers a number of funds to choose from. Some invest in stocks, others in bonds or stable value/cash, and some a combination of more than one type of asset. A well-diversified portfolio one that includes exposure across the asset classes can help you balance potential return with your ability and willingness to weather the ups and downs of the market. Stocks are shares of ownership (or equity) in a company. They re also called equities. Stocks carry greater risks than bonds, balanced and cash options, but historically have offered the greatest potential for long-term growth. Bonds are debt securities that intend to pay the holder the original amount invested plus interest on a specific future date. Bonds offer lower potential risk and lower potential returns than stocks. Cash/stable value investments generally hold short-term money market instruments that seek to preserve their value and pay a low level of interest. While these investment options may help you add some stability to your account value, by themselves they may not provide the growth necessary to help you outpace inflation over the long run. Balanced/asset allocation funds contain a mix of stocks and bonds. Because stocks and bonds tend to perform differently at any given time, balanced funds are designed to help smooth out the ups and downs of investing while still seeking some growth from stocks. Therefore, they offer a level of risk between pure stock funds and pure bond funds, and their level of potential return is also in-between the two. With a single, broadly diversified balanced fund, you may not need to include any other funds in your portfolio. Please note that participation in an asset allocation program does not guarantee performance or protect against loss. Need help building your portfolio? Refer to the Do it Yourself Investor Profile Quiz in the back pocket and the Investment Performance & Fees {section later in the kit. { Think it through

13 STILL UNDECIDED? Still don t know what investments to choose, but you do know that you want to participate in the plan? If you elect a savings rate but don t elect your investment options, that s OK you ll default into the Default Investment Alternative (DIA) selected by your employer. You simply decide your contribution level now and you can always choose your own investments later. Your Plan's DIA As your plan s DIA, your employer has selected an option based on your target retirement date. Refer to the chart below to see how you will default if you elect a savings rate but don t elect your investment options. Target date option Year of retirement T. Rowe Price Retirement Income R Prior to 2008 T. Rowe Price Retirement to 2017 T. Rowe Price Retirement to 2027 T. Rowe Price Retirement to 2037 T. Rowe Price Retirement and After The target date is the approximate date when you plan to retire or start withdrawing your money. Target-date investment options continue to adjust the asset allocation to a more conservative mix until the target date is reached, and sometimes beyond (see prospectus for the fund's allocation strategy). As with most of the investments offered in your plan, the principal value of this option is not guaranteed at any time, including at the target date. An asset allocation strategy does not guarantee performance or protect against investment losses. A "fund of funds" has an additional level of expensing.

14 ONCE YOU HAVE DECIDED Take the long-term view Studies show that investor behavior has a greater effect than fund selection on investment results. That s because dramatic swings in the market can lead investors to panic, selling stock funds when the market is down and buying them when it s up. Unfortunately, jumping in and out of your investments following market movements doesn t work. The average equity mutual fund investor lost 5.73% in 2011 compared to the S&P 500 s gain of 2.12%. Both the average equity and fixed-income investor underperformed the market on 1-, 3-, 5-, 10- and 20-year annualized bases. The average fixed-income investor has not kept up with inflation on 1-, 5-, 10- or 20-year annualized bases. 1 When you re investing for retirement, you usually have time to weather short-term market losses. To help even out the highs and lows, diversify your portfolio with stock, bond and money market funds. Once you decide the right mix of investments for you, resist the urge to make constant changes based on market noise. Stick with your plan. Stay diversified Spreading your holdings across the basic asset classes can help to keep your savings growing while minimizing volatility. You ll also want to stay diversified within the asset classes divvy up your stock investments among funds with different strategies (for example those that invest in large, medium and small companies) to help minimize the risk of loss even more. Plus, look at each fund s underlying holdings. A broadly diversified fund that s invested in hundreds of stocks is inherently more diversified than one that holds just 20. Your time until retirement may change how much you invest in each asset class; still, diversification remains a good idea throughout your investing life. Review your choices at least annually Every year, check to see if your investment approach is moving you toward your retirement savings goal. You may want to reconsider your choices if you experience significant life changes. Also, rebalancing can help keep you on track. If your plan offers automatic rebalancing, you can even set your asset allocations to periodically align to their target levels without any effort on your part. 2 To see if this service is offered in your plan, access your plan website at LincolnFinancial.com. Keep in mind that neither diversification nor participation in a rebalancing program guarantees performance or protects against loss. Be mindful of inflation While the ups and downs of the market represent risks for short-term investors, inflation is the bigger enemy of long-term investors. For example, if inflation averages 3% a year, and your money is invested in a money market fund returning 4% a year, it s as if you re gaining only 1% each year! If the return on your investments doesn t keep up with rising prices, you may not have the buying power you ll need in the future. That s why long-term investors may want to include stock investments in their portfolios they have greater potential to exceed the inflation rate over the long term than other investments. Yes, stocks can post big losses over days, weeks or months. However, stocks haven t lost ground during any rolling period of 20 years or longer since Quantitative Analysis of Investor Behavior, Dalbar Inc., March Some redemption fees may apply. 3 Morningstar, Inc. Ibbotson SBBI 2012 Classic Yearbook.

15 Important investment information Performance When used as supplemental sales literature, investment information must be accompanied by this disclosure statement The performance data quoted represents past performance; past performance does not guarantee future results. Investment returns and principal value will fluctuate so your account balance, when redeemed, may be worth more or less than your original cost. Current performance may be lower or higher than the performance data quoted. Instances of high double-digit returns are highly unusual and cannot be sustained. Investors should be aware that returns vary due to market conditions. Participation in a collective trust (designated as Trust in the name of the investment option) is governed by terms of the trust and participation materials. An investor should carefully consider the investment objectives, risks, and charges and expenses of the collective trusts before investing. The participation materials contain this and other important information and should be read carefully before investing or sending money. Participation materials for any of the collective trusts in the program are available at You may obtain a prospectus or similar document for each investment option in the plan by requesting one from your employer, visiting your plan s website, or calling a Lincoln Financial representative at When the fund's inception date is less than 10 years, historical performance may not be available. When this is the case, extended performance has been calculated based on the oldest share class of the fund, adjusted for fees. Please obtain mutual fund performance data for the most recent month end by visiting and requesting a quote using the appropriate ticker symbol. Fund data is provided here by Morningstar, Inc. Morningstar Information Expressed in percentage terms, Morningstar s calculation of total return is determined by taking the change in price, reinvesting, if applicable, all income and capital gains distributions during that month, and dividing by the starting price. Reinvestments are made using the actual reinvestment price, and daily payoffs are reinvested monthly Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Issuing Company The Lincoln Stable Value Account is a fixed annuity contract issued by The Lincoln National Life Insurance Company, Fort Wayne, IN on Form SV20 05/04, Form SV90 05/04, or Form AR /09 and state variations thereof. Guarantees for the Lincoln Stable Value Account are based upon the claims-paying ability of the issuer. Fees and Expenses Fees and expenses reduce the assets allocated to your investments under the Plan, ultimately lowering the net rate of return. In addition, the fees and expenses of the investment options in your Plan will negatively impact the net rate of return of those investments. Higher fees, of course, will impact the performance of your investments. If the performance for an investment option reports a difference between the gross expense ratio and net expense ratio, please refer to the fund s prospectus (mutual funds) or disclosure statement (collective investment trust), which may provide an explanation of applicable fee waivers. Fee and expense information is based on information available as of 03/31/2014. Benchmarks A benchmark index gives the investor a point of reference for evaluating a fund's performance. Each investment option in the Plan's lineup is compared with a secondary index, based on its. For example, all funds in the large-growth category are compared with the Russell Top 200 Growth index. Investment Risk Foreign securities portfolios/emerging markets portfolios:portfolios that invest in foreign securities involve special additional risks. These risks include, but are not limited to: currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets can accentuate these risks. Sector portfolios: Portfolios that invest exclusively in one sector or industry involve additional risks. The lack of industry diversification subjects the investor to increased industry-specific risks. Nondiversified portfolios: Portfolios that invest assets in a single issuer or a few issuers involve additional risks, including share price fluctuations, because of the increased concentration of investment. Small-cap portfolios:portfolios that invest in stocks of small companies involve additional risks. Smaller companies typically have a higher risk of failure and are not as well established as larger blue-chip companies. Historically, smaller-company stocks have experienced a greater degree of market volatility than the overall market average and may be less liquid than larger companies. Mid-cap portfolios: Portfolios that invest in companies with market capitalization below $10 billion involve additional risks. The securities of these companies may be more volatile and less liquid than the securities of larger companies. High-yield bond portfolios: Portfolios that invest in less-than-investmentgrade-rated debt securities (commonly referred to as junk bonds) involve additional risks because of the lower credit quality of the securities in the portfolio. The investor should be aware of the possible higher level of volatility and increased risk of default. REITs:The value of the shares of a REIT fund will fluctuate with the value of the underlying assets (real estate properties). There are special risk factors associated with REITs, such as interest rate risk and the illiquidity of the real estate market. Fund Restrictions Lincoln Stable Value -J63: Transfers from this investment option to a competing fund may be restricted. Transfers may be made to noncompeting funds if there are no subsequent transfers to a competing funds within 90 days. Frequent trading policy: Transactions associated with market timing such as frequent, large, or short-term transfers among investment options can affect the underlying funds and their investments. Lincoln Financial therefore reviews the number of transfers that a participant makes within given periods of time to determine if any transfer attempts to capitalize upon shortterm movements in the equity markets (Market Timing Policy). If so, the participant s transfer activity will be subject to further scrutiny. Potential market timing or frequent trading may result in future trading restrictions, up to and including temporary (or permanent) revocation of telephone exchange privileges. Fund-specific restrictions: Fund companies may have their own policies and procedures with respect to frequent purchases and redemptions of their respective shares, which may be more or less restrictive than the frequent trading policies and procedures of other investment options and of Lincoln Financial s Market Timing Policy. For example, when funds adopt a purchase blocking policy and you transfer an amount in excess of the fund s imposed limit from that investment, you will be restricted from investing back into that investment for a specified period of time. For more information on frequent purchase and redemption policies, please refer to the fund s prospectus or similar document.

16 Performance and fee overview International Stock American Funds EuroPacific Gr R6 1 Foreign Large Blend MSCI ACWI Ex USA NR USD Fund ID Incpt. Date YTD RERGX 05/ One Year Three Years Roman Catholic Diocese of Raleigh 403(b) Retirement Plan Average Annual Total Returns as of 03/31/ Five Years Ten Years Since Incpt. Gross Fees Net Oppenheimer Developing Markets Y 5 Diversified Emerging Mkts MSCI EM NR USD ODVYX 09/ Oppenheimer Global Y 1 World Stock MSCI ACWI NR USD OGLYX 11/ Oppenheimer International Growth Y 1 Foreign Large Growth MSCI ACWI Ex USA Growth NR USD OIGYX 09/ Vanguard International Value Inv 1 Foreign Large Value MSCI ACWI Ex USA Value NR USD VTRIX 05/ U.S. Stock American Funds American Mutual R6 Large Value Russell 1000 Value TR USD RMFGX 05/ Ave Maria Rising Dividend 8 Large Blend Russell 1000 TR USD AVEDX 05/ LKCM Aquinas Growth 8 Large Growth Russell 1000 Growth TR USD AQEGX 01/ LKCM Aquinas Small Cap 4,8 Small Growth Russell 2000 Growth TR USD AQBLX 01/ Oppenheimer Main Street Y Large Blend Russell 1000 TR USD MIGYX 11/ Perkins Small Cap Value I 4 Small Value Russell 2000 Value TR USD JSCOX 07/ Pioneer Oak Ridge Small Cap Growth Y 4 Small Growth Russell 2000 Growth TR USD ORIYX 12/ T. Rowe Price Growth Stock Large Growth Russell 1000 Growth TR USD PRGFX 04/ Vanguard 500 Index Inv 10 Large Blend Russell 1000 TR USD VFINX 08/ Vanguard Mid Cap Growth Inv 4 Mid-Cap Growth Russell Mid Cap Growth TR USD VMGRX 12/ Morningstar. All Right Reserved. All Data and information is gathered from accurate sources but is not warranted to be correct, complete, or accurate.

17 U.S. Stock (continued) Vanguard Mid Cap Index Adm 4,10 Mid-Cap Blend Russell Mid Cap TR USD Fund ID Incpt. Date Average Annual Total Returns as of 03/31/2014 YTD VIMAX 11/ One Year Three Years Five Years Ten Years Since Incpt. Gross Fees Net Vanguard Selected Value Inv 4 Mid-Cap Value Russell Mid Cap Value TR USD VASVX 02/ Vanguard Small Cap Index Adm 4,10 Small Blend Russell 2000 TR USD VSMAX 11/ Balanced/Allocation T. Rowe Price Retirement Income R 7,9 Retirement Income Morningstar Lifetime Moderate Income RRTIX 10/ T. Rowe Price Retirement ,9 Target Date Morningstar Lifetime Moderate 2015 TRRGX 02/ T. Rowe Price Retirement ,9 Target Date Morningstar Lifetime Moderate 2025 TRRHX 02/ T. Rowe Price Retirement ,9 Target Date Morningstar Lifetime Moderate 2035 TRRJX 02/ T. Rowe Price Retirement ,9 Target Date Morningstar Lifetime Moderate 2045 TRRKX 05/ Bond Ave Maria Bond 2,8 Intermediate-Term Bond Barclays US Agg Bond TR USD AVEFX 05/ Eaton Vance Short Duration Strat Inc I 3,9 Multisector Bond Barclays US Universal TR USD ESIIX 04/ PIMCO Total Return Instl 2 Intermediate-Term Bond Barclays US Agg Bond TR USD PTTRX 05/ Templeton Global Bond Adv 6 World Bond Citi WGBI NonUSD USD TGBAX 12/ Cash/Stable Value Lincoln Stable Value -J63 11 Current rate of return: 1.75% Term: Quarterly Guaranteed Minimum Interest Rate: 1.75% 05/ Morningstar. All Right Reserved. All Data and information is gathered from accurate sources but is not warranted to be correct, complete, or accurate.

18 Risk-Based Disclosures 1 Investing internationally involves risks not associated with investing solely in the United States, such as currency fluctuation, political risk, differences in accounting and the limited availability of information. 2 The return of principal in bond portfolios is not guaranteed. Bond Portfolios have the same interest rate, inflation, credit, prepayment and market risks that are associated with the underlying bonds owned by the fund (or account). 3 The return of principal in bond portfolios is not guaranteed. Bond Portfolios have the same interest rate, inflation, credit, prepayment and market risks that are associated with the underlying bonds owned by the fund (or account). Investing in emerging markets can be riskier than investing in well-established foreign markets. International investing involves special risks not found in domestic investing, including increased political, social and economic instability. 4 Funds that invest in small and/or mid-size company stocks typically involve greater risk, particularly in the short term, than those investing in larger, more established companies. 5 Investing in emerging markets can be riskier than investing in well-established foreign markets. International investing involves special risks not found in domestic investing, including increased political, social and economic instability. 6 The return of principal in bond portfolios is not guaranteed. Bond Portfolios have the same interest rate, inflation, credit, prepayment and market risks that are associated with the underlying bonds owned by the fund (or account). Investing internationally involves risks not associated with investing solely in the United States, such as currency fluctuation, political risk, differences in accounting and the limited availability of information. Funds that invest in small and/or mid-size company stocks typically involve greater risk, particularly in the short term, than those investing in larger, more established companies. 7 The target date is the approximate date when investors plan to retire or start withdrawing their money. Some target date funds make no changes in asset allocations after the target date is reached; other target date funds continue to make asset allocation changes following the target date (see prospectus for the fund's allocation strategy). The principal value is not guaranteed at any time, including at the target date. 8 Social Awareness funds only invest in companies that meet socially responsible criteria, so exposure to certain industry sectors may be greater or less than similar funds or market indexes, and thereby may lead to performance differences. 9 Each Profile Fund is operated as a fund of funds which invests primarily in other funds rather than in individual securities. Funds of this nature may be more expensive than other investment options. The Profile Funds are asset allocation funds; asset allocation does not ensure a profit nor protect against loss. 10 An index is unmanaged, and one cannot invest directly in an index. 11 The Lincoln Stable Value Account is a fixed annuity contract issued by The Lincoln National Life Insurance Company, Fort Wayne, IN on Form SV20 05/04, Form SV90 05/04, or Form AR /09 and state variations thereof. Guarantees for the Lincoln Stable Value Account are based upon the claims-paying ability of the issuer.

19 Investment option profile disclosures Sample Small Cap Equity Equity Fund SA24 Profile SA MM-DD-YYYY... Small Growth Investment Strategy The investment seeks to provide maximum long-term total return. The portfolio's investment objective is to exceed the total return of the Russell 2000 Growth Index and provide superior return relative to a universe of similar managers. The portfolio purchases stocks of small companies having the potential to grow rapidly and produce superior returns. Small cap companies generally are those between $200 million and $2 billion in market capitalization. The portfolio manager looks for stocks of companies that it expects to benefit from trends within the economy, the political arena and society at large. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. 4 5 Composition as of MM-DD-YY U.S. Stocks 86.4 Non-U.S. Stocks 6.4 Bonds 0.0 Cash 7.2 Other 0.0 Top 5 Holdings as of MM-DD-YY Weight Watchers International, Inc Polycom, Inc VeriFone Systems, Inc SBA Communications Corporation 4.24 J2 Global Communications, Inc Total Number of Stock Holdings 29 Total Number of Bond Holdings 0 Annual Turnover Ratio %. Total Fund Assets ($mil) Fund Inception Date Portfolio Manager Jane Gerald Sample S. Frey Morningstar Style Box as of MM-DD-YY % Mkt Cap Giant 0.00 Large 3.41 Medium Small Micro 8.17 Morningstar Super Sectors as of MM-DD-YY Cyclical Sensitive Defensive Risk Measures as of MM-DD-YY Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Sample Delaware Equity Lincoln LLCInvestment Advisors 1 The is a system of grouping funds based on their actual investment styles as measured by their underlying portfolio holdings (portfolio statistics and compositions over the past three years). 2 Investment Strategy The investment strategy describes the goal of the investment option, as well as how it directs investments to achieve this goal. 3 Gives investors a sense of best and worst case scenarios based upon an investment s actual performance history. An overall risk assessment and its category average are clearly illustrated, while explanatory text explains an investment s price fluctuations relative to the market and other investments. 4 Portfolio Composition Breakdown of the fund s portfolio holdings into general investment classes: Stocks, Bonds, Cash, and Other. It also includes the percentage of foreign stocks in the portfolio. 5 Top 5 Holdings The fund s top portfolio holdings, listed as a percentage of total fund assets. 6 Morningstar Style Box TM The Morningstar Style Box reveals a fund s investment strategy as of the date noted on this report. For equity funds the vertical axis shows the market capitalization of the long stocks owned and the horizontal axis shows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the credit quality of the long bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond s effective duration. For corporate and municipal bonds, Morningstar surveys credit rating information from fund companies on a periodic basis (e.g., quarterly). In compiling credit rating information, Morningstar instructs fund companies to only use ratings that have been assigned by a Nationally Recognized Statistical Rating Organization (NRSRO). If two NRSROs have rated a security, fund companies are to report the lowest rating to Morningstar. If a rating is unavailable or unpublished, then the security or issuer is categorized as Not Rated/Not Available. US Government Securities issued by the US Treasury or US Government Agencies are included in the US Government category. PLEASE NOTE: Morningstar, Inc. is not itself an NRSRO nor does it issue a credit rating on the fund. An NRSRO rating on a fixed-income security can change from time-to-time. 7 Morningstar Sectors The Morningstar Sectors divide the economy into three primary sectors: the Information Economy, the Service Economy, and the Manufacturing Economy, in addition to 12 industry groupings. 8 Risk Measures Beta is a measure of a fund s sensitivity to market movements. A portfolio with a beta greater than 1 is more volatile than the market, and a portfolio with a beta less than 1 is less volatile than the market. Alpha measures the difference between a fund s actual returns and its expected performance, given its level of risk (as measured by beta). Standard deviation is a statistical measure of the volatility of the fund s returns.

20 American Funds American Mutual R6 RMFGX... Large Value QQQQ Average Low Out of 1068 Large Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks current income, growth of capital and conservation of principal. The fund invests primarily in common stocks of companies that are likely to participate in the growth of the American economy and whose dividends appear to be sustainable. It invests primarily in securities of issuers domiciled in the United States and Canada. The fund may also invest in bonds and other debt securities, including those issued by the U.S. government and by federal agencies and instrumentalities. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 83.2 Non-U.S. Stocks 7.0 Bonds 1.4 Cash 6.9 Other 1.5 Top 5 Holdings as of Verizon Communications Inc 3.55 AbbVie Inc 3.47 Amgen Inc 3.31 Texas Instruments, Inc Home Depot, Inc Total Number of Stock Holdings 152 Total Number of Bond Holdings 15 Annual Turnover Ratio % Total Fund Assets ($mil) 32, Fund Inception Date Portfolio Manager James B. Lovelace Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 0.00 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Capital Research and American Funds EuroPacific Gr R6 RERGX... Foreign Large Blend QQQQ Average Below Average Out of 701 Foreign Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks long-term growth of capital. The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser believes have the potential for growth. Growth stocks are stocks that the investment adviser believes have the potential for above-average capital appreciation. It normally invests at least 80% of net assets in securities of issuers in Europe and the Pacific Basin. The fund may invest a portion of its assets in common stocks and other securities of companies in countries with developing economies and/or markets. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 0.9 Non-U.S. Stocks 90.9 Bonds 0.3 Cash 7.6 Other 0.4 Top 5 Holdings as of Novo Nordisk A/S 4.05 SOFTBANK Corp 3.08 Bayer AG 2.60 Samsung Electronics Co Ltd 2.07 Novartis AG Total Number of Stock Holdings 279 Total Number of Bond Holdings 2 Annual Turnover Ratio % Total Fund Assets ($mil) 124, Fund Inception Date Portfolio Manager Stephen E. Bepler Morningstar Style Box as of % Mkt Cap Giant Large Medium 4.40 Small 0.03 Micro 0.00 Morningstar Super World Regions as of Americas 4.84 Greater Europe Greater Asia Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Capital Research and Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

21 Ave Maria Bond AVEFX... Intermediate-Term Bond QQQ Average Below Average Out of 942 Intermediate-Term Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks preservation of principal with a reasonable level of current income. The fund invests primarily (80% or more of its net assets, including the amount of any borrowings for investment purposes) in investment-grade debt securities of domestic issuers, including the U.S. government and its agencies and instrumentalities, corporations and municipalities, as well as mortgage-backed securities and money market instruments. It may invest up to 20% of its net assets in equity securities, which include preferred stocks, common stocks paying dividends and securities convertible into common stock. Risk: Below Average In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two-thirds of all investments have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Composition as of U.S. Stocks 16.8 Non-U.S. Stocks 0.0 Bonds 55.9 Cash 27.2 Other 0.0 Top 5 Holdings as of Federated Govt Obligs Tx-Mgd Instl 4.68 Federated Treasury Obligs Instl 3.43 US Treasury Note 2.125% US Treasury Note 2.625% US Treasury Note 2.5% Total Number of Stock Holdings 19 Total Number of Bond Holdings 53 Annual Turnover Ratio % Total Fund Assets ($mil) Fund Inception Date Portfolio Manager Richard L. Platte, Jr. Morningstar Fixed Income Style Box as of Avg Eff Duration. Avg Eff Maturity. Not Avg Wtd Coupon 3.18 Available Avg Wtd Price Credit Analysis: % Bonds Not Available Risk Measures as of Port Avg Rel LB Aggr Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Schwartz Investment Counsel Inc Ave Maria Rising Dividend AVEDX... Large Blend QQQQ Above Average Below Average Out of 1361 Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks increasing dividend income over time, long-term growth of capital, and a reasonable level of current income. The fund will invest at least 80% of its net assets in the common stocks of dividend-paying companies that are expected to increase their dividends over time and to provide long-term growth of capital. Under normal circumstances, all of its equity investments (which include common stocks, preferred stocks and securities convertible into common stock) and at least 80% of the fund's net assets will be invested in companies meeting its religious criteria. The fund may invest in companies of all sizes. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 90.8 Non-U.S. Stocks 0.0 Bonds 0.0 Cash 8.4 Other 0.8 Top 5 Holdings as of Federated Govt Obligs Tx-Mgd Instl 4.76 Federated Treasury Obligs Instl 3.68 Caterpillar Inc 3.21 CH Robinson Worldwide, Inc Clorox Company Total Number of Stock Holdings 45 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) Fund Inception Date Portfolio Manager George P. Schwartz Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 1.57 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Schwartz Investment Counsel Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

22 Eaton Vance Short Duration Strat Inc I ESIIX... Multisector Bond QQ Below Average Below Average Out of 223 Multisector Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks total return. The fund has a flexible investment strategy and will invest in a variety of securities and other investments and use a variety of investment techniques in pursuing its investment objective. It frequently has significant exposure to foreign markets, including emerging markets. The fund invests at least 25% of its net assets in one or more Portfolios that seek exposures around the world by investing primarily in sovereign nation investments. Under normal market conditions, the fund's average duration will not exceed 3.5 years. It is non-diversified. Risk: Below Average In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two-thirds of all investments have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Composition as of U.S. Stocks 0.2 Non-U.S. Stocks 0.1 Bonds 25.2 Cash 16.0 Other 58.5 Top 5 Holdings as of Boston Income Portfolio Eaton Vance Glbl Macro Abs Ret Advtg A Global Opportunities Portfolio Eaton Vance Global Macro 9.69 Senior Debt Portfolio Total Number of Holdings 14 Annual Turnover Ratio % Total Fund Assets ($mil) 1, Fund Inception Date Portfolio Manager Eric A. Stein Morningstar Fixed Income Style Box as of Avg Eff Duration 1.63 Avg Eff Maturity. Avg Wtd Coupon 6.68 Avg Wtd Price Ltd Mod Ext High Med Low Credit Analysis: % Bonds as of AAA 24 BB 28 AA 1 B 22 A 5 Below B 6 BBB 13 Not Rated 1 Risk Measures as of Port Avg Rel LB Aggr Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Eaton Vance Management Lincoln Stable Value -J Stable Value... The primary investment objective is to maximize after- tax GAAP investment income net of cost of capital consistent with the long-term preservation of capital. Strong consideration is given to credit quality, required surplus, liquidity, interest rate risk, taxes, and competitive crediting rates. The overall investment strategy is executed within the context of prudent asset/liability management (ALM) and the constraints of the applicable law and regulation. Overall, the portfolio is managed to achieve an average quality of A to A-. We see to it that the portfolio has adequate diversification by limiting the amount of investments in any asset class, sector, industry or issuer in the market. We also ensure that the portfolio has adequate liquidity in order to fulfill any unanticipated cash needs. Risk is further limited by restrictions on below investment grade securities and equity investments. Notes For any investment option in the plan, including an option that is part of a model, you may obtain a prospectus or similar document by requesting one from your employer, visiting your plan s web site, or calling a Lincoln Financial representative at Composition as of Synthetic GICs 0.0 Traditional GICs 0.0 Cash 0.0 Other What do Stable Value Funds invest in? Stable value funds tend to invest in high-quality bonds with short- to intermediate-term maturities. They also purchase insurance contracts which aim to provide price stability on a day-to-day basis. This guaranteed account is a group annuity contract with a guarantee of principal and interest provided by Lincoln. Morningstar Style Box as of Ltd Mod Ext High Med Low Fund Inception Date Total Fund Assets ($mil) 78, Portfolio Manager Management Team Macquarie Group. Issuer Lincoln Financial Group Risk: Below Average 2013 Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

23 LKCM Aquinas Growth AQEGX... Large Growth QQ Below Average Average Out of 1491 Large Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to maximize long-term capital appreciation, while incorporating Catholic values investing principles in the investment process. The fund seeks to achieve its investment objective by investing under normal circumstances in securities that the adviser believes generally have above-average growth in revenue and/or earnings, above-average returns on shareholders' equity, underleveraged balance sheets and/or potential for above-average capital appreciation. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 97.2 Non-U.S. Stocks 2.8 Bonds 0.0 Cash 0.0 Other 0.0 Top 5 Holdings as of Cabot Oil & Gas Corporation Class A 3.55 Tractor Supply 3.20 Amazon.com Inc 2.74 Google, Inc. Class A 2.57 LKQ Corporation Total Number of Stock Holdings 62 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) Fund Inception Date Portfolio Manager David M. Lehmann Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 7.53 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Luther King Capital Mgmt Corp LKCM Aquinas Small Cap AQBLX... Small Growth QQ Below Average Average Out of 633 Small Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to maximize long-term capital appreciation, while incorporating Catholic values investing principles in the investment process. The fund invests normally at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of smaller companies. It primarily chooses investments that the adviser believes are likely to have above-average growth in revenue and/or earnings and potential for above-average capital appreciation. Smaller companies are those with market capitalizations at the time of investment between $400 million and $3 billion. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 94.4 Non-U.S. Stocks 3.8 Bonds 0.0 Cash 1.8 Other 0.0 Top 5 Holdings as of Team Health Holdings Inc 2.09 Acxiom Corporation 1.86 Federated Govt Obligs Instl 1.84 Fifth & Pacific Companies Inc 1.76 Akorn, Inc Total Number of Stock Holdings 92 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) Fund Inception Date Portfolio Manager Steven R. Purvis Morningstar Style Box as of % Mkt Cap Giant 0.00 Large 0.00 Medium Small Micro 9.68 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Luther King Capital Mgmt Corp Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

24 Oppenheimer Developing Markets Y ODVYX... Diversified Emerging Mkts QQQQQ High Average Out of 424 Diversified Emerging Mkts funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100% of its total assets in foreign securities. Under normal market conditions, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. are in a developing market or are economically tied to a developing market country. The fund will invest in at least three developing markets. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 0.8 Non-U.S. Stocks 91.8 Bonds 0.0 Cash 5.5 Other 1.8 Top 5 Holdings as of Oppenheimer Institutional Money Market Baidu, Inc. ADR 4.85 Tencent Holdings Ltd OAO Novatek GDR 2.45 Infosys Ltd Total Number of Stock Holdings 113 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 39, Fund Inception Date Portfolio Manager Justin Leverenz Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 0.00 Micro 0.00 Morningstar Super World Regions as of Americas Greater Europe Greater Asia Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha OFI Global Asset Management Oppenheimer Global Y OGLYX... World Stock QQQQ Above Average Above Average Out of 804 World Stock funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund invests mainly in common stock of U.S. and foreign companies. It can invest without limit in foreign securities and can invest in any country, including countries with developing or emerging markets. However, the fund currently emphasizes its investments in developed markets such as the United States, Western European countries and Japan. It does not limit its investments to companies in a particular capitalization range, but primarily invests in midand large-cap companies. The fund normally will invest in at least three countries (one of which may be the United States). Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 41.1 Non-U.S. Stocks 58.7 Bonds 0.0 Cash 0.1 Other 0.1 Top 5 Holdings as of Google, Inc. Class A 2.95 LM Ericsson Telephone Company Class B 2.91 Airbus Group NV 2.30 UBS AG 2.23 Walt Disney Co Total Number of Stock Holdings 87 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 10, Fund Inception Date Portfolio Manager Rajeev Bhaman Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 1.20 Micro 0.00 Morningstar Super World Regions as of Americas Greater Europe Greater Asia Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha OFI Global Asset Management Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

25 Oppenheimer International Growth Y OIGYX... Foreign Large Growth QQQQQ High Average Out of 239 Foreign Large Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund mainly invests in the common stock of growth companies that are domiciled or have their primary operations outside of the United States. It may invest 100% of its assets in securities of foreign companies. The fund may invest in emerging markets as well as in developed markets throughout the world. It normally will invest at least 65% of its total assets in common and preferred stocks of issuers in at least three different countries outside of the United States, and emphasize investments in common stocks of issuers that the portfolio managers consider to be "growth" companies. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 1.0 Non-U.S. Stocks 95.1 Bonds 0.0 Cash 3.9 Other 0.0 Top 5 Holdings as of Oppenheimer Institutional Money Market BT Group PLC 2.36 Sap AG 1.67 Aalberts Industries NV 1.50 Roche Holding AG Total Number of Stock Holdings 112 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 16, Fund Inception Date Portfolio Manager George R. Evans Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 4.64 Micro 0.01 Morningstar Super World Regions as of Americas 3.28 Greater Europe Greater Asia Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha OFI Global Asset Management Oppenheimer Main Street Y MIGYX... Large Blend QQQQ Above Average Average Out of 1361 Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund mainly invests in common stocks of U.S. companies of different capitalization ranges. It currently focuses on "larger capitalization" issuers, which are considered to be companies with market capitalizations equal to the companies in the Russell The portfolio managers use fundamental research and quantitative models to select securities for the fund's portfolio, which is comprised of both growth and value stocks. The fund aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 90.9 Non-U.S. Stocks 7.2 Bonds 0.0 Cash 1.5 Other 0.4 Top 5 Holdings as of JPMorgan Chase & Co 4.43 Google, Inc. Class A 4.31 Apple Inc 4.29 Chevron Corp 3.48 Express Scripts Total Number of Stock Holdings 54 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 7, Fund Inception Date Portfolio Manager Manind V. Govil Morningstar Style Box as of % Mkt Cap Giant Large Medium 9.11 Small 0.00 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha OFI Global Asset Management Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

26 Perkins Small Cap Value I JSCOX... Small Value QQ Below Average Low Out of 311 Small Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund pursues its investment objective by investing primarily in the common stocks of small companies whose stock prices are believed to be undervalued by the fund's portfolio managers. It invests, under normal circumstances, at least 80% of its net assets in equity securities of small companies whose market capitalization, at the time of initial purchase, is less than the 12-month average of the maximum market capitalization for companies included in the Russell 2000 Value Index. The fund may invest up to 20% of its net assets in cash or similar investments. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 93.0 Non-U.S. Stocks 2.4 Bonds 0.0 Cash 4.7 Other 0.0 Top 5 Holdings as of Owens & Minor, Inc Casey's General Stores, Inc Hill-Rom Holdings, Inc Patterson Companies, Inc Kirby Corp Total Number of Stock Holdings 86 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 2, Fund Inception Date Portfolio Manager Robert Hunter Perkins Morningstar Style Box as of % Mkt Cap Giant 0.00 Large 0.00 Medium Small Micro 6.64 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Janus Capital Management LLC PIMCO Total Return Instl PTTRX... Intermediate-Term Bond QQQQ Above Average Above Average Out of 942 Intermediate-Term Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund normally invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment-grade debt securities, but may invest up to 10% of its total assets in high yield securities ("junk bonds") rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. Risk: Below Average In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two-thirds of all investments have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Composition as of %Net U.S. Stocks 0.0 Non-U.S. Stocks 0.3 Bonds Cash Other Total Top 5 Holdings as of Fin Fut Euro$ Cme 12/14/ Fin Fut Euro$ Cme 09/14/ Fin Fut Euro$ Cme 03/14/ Irs Usd /18/15-1y (Red) Cme Pimco Fds Total Number of Stock Holdings 1 Total Number of Bond Holdings Annual Turnover Ratio % Total Fund Assets ($mil) 231, Fund Inception Date Portfolio Manager William H. Gross Morningstar Fixed Income Style Box as of Avg Eff Duration 5.37 Avg Eff Maturity 6.04 Not Avg Wtd Coupon 3.19 Available Avg Wtd Price Credit Analysis: % Bonds Not Available Risk Measures as of Port Avg Rel LB Aggr Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Pacific Investment Management Co LLC Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

27 Pioneer Oak Ridge Small Cap Growth Y ORIYX... Small Growth QQQ Average Below Average Out of 633 Small Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks capital appreciation. The fund normally invests at least 80% of net assets in equity securities of small capitalization companies. It may invest up to 20% of total assets in equity 80% of net assets in equity securities of small capitalization companies. The fund may invest up to 20% of total assets in equity and debt securities of non-u.s. issuers. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 92.6 Non-U.S. Stocks 0.0 Bonds 0.0 Cash 7.4 Other 0.0 Top 5 Holdings as of Akorn, Inc Middleby Corporation 2.86 MWI Veterinary Supply, Inc Questcor Pharmaceuticals, Inc NPS Pharmaceuticals Inc Total Number of Stock Holdings 61 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 2, Morningstar Style Box as of % Mkt Cap Giant 0.00 Large 0.00 Medium Small Micro Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Fund Inception Date Portfolio Manager David M. Klaskin Pioneer Investment Management Inc T. Rowe Price Growth Stock PRGFX... Large Growth QQQQ Above Average Average Out of 1491 Large Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks long-term capital growth through investments in stocks. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of a diversified group of growth companies. It generally seeks investments in stocks of large-capitalization companies. While most assets will typically be invested in U.S. common stocks, the fund may invest in foreign stocks in keeping with the fund's objectives. It may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 92.3 Non-U.S. Stocks 5.7 Bonds 0.0 Cash 1.3 Other 0.7 Top 5 Holdings as of Google, Inc. Class A 6.14 Amazon.com Inc 5.28 MasterCard Incorporated Class A 3.03 Priceline.com, Inc Apple Inc Total Number of Stock Holdings 116 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 42, Fund Inception Date Portfolio Manager Joseph B. Fath Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 0.00 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

28 Templeton Global Bond Adv TGBAX... World Bond QQQQQ High High Out of 270 World Bond funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks current income with capital appreciation and growth of income. Under normal market conditions, the fund invests at least 80% of its net assets in "bonds." Bonds include debt securities of any maturity, such as bonds, notes, bills and debentures. It invests predominantly in bonds issued by governments 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. It is non-diversified. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 0.0 Non-U.S. Stocks 0.0 Bonds 60.7 Cash 39.3 Other 0.0 Top 5 Holdings as of Ireland(Rep Of) 5% Poland(Rep Of) 6.25% Bk Of Korea 2.76% Poland(Rep Of) 5.5% Ireland(Rep Of) 5.4% Total Number of Stock Holdings 0 Total Number of Bond Holdings 148 Annual Turnover Ratio % Total Fund Assets ($mil) 69, Fund Inception Date Portfolio Manager Michael Hasenstab Morningstar Fixed Income Style Box as of Avg Eff Duration 1.83 Avg Eff Maturity 2.71 Avg Wtd Coupon 5.28 Avg Wtd Price. Ltd Mod Ext High Med Low Credit Analysis: % Bonds as of AAA 14 BB 10 AA 19 B 7 A 26 Below B 0 BBB 25 Not Rated 0 Risk Measures as of Port Avg Rel LB Aggr Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Franklin Advisers, Inc. Vanguard 500 Index Inv VFINX... Large Blend QQQQ Above Average Average Out of 1361 Large Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 98.1 Non-U.S. Stocks 1.6 Bonds 0.0 Cash 0.3 Other 0.0 Top 5 Holdings as of Apple Inc 2.83 Exxon Mobil Corporation 2.52 Google Inc Class A 2.04 Microsoft Corporation 1.74 Johnson & Johnson Total Number of Stock Holdings 502 Total Number of Bond Holdings 0 Annual Turnover Ratio % 3.00 Total Fund Assets ($mil) 148, Fund Inception Date Portfolio Manager Michael H. Buek Morningstar Style Box as of % Mkt Cap Giant Large Medium Small 0.02 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Vanguard Group, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

29 Vanguard International Value Inv VTRIX... Foreign Large Value QQQ Average Average Out of 306 Foreign Large Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to provide long-term capital appreciation. The fund invests mainly in common stocks of companies located outside the United States that are considered by an advisor to be undervalued. Such stocks, called value stocks, often are out of favor in periods when investors are drawn to companies with strong prospects for growth. It invests in large-, mid-, and small-capitalization companies and is expected to diversify its assets in countries across developed and emerging markets. The fund uses multiple investment advisors. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 1.3 Non-U.S. Stocks 94.0 Bonds 0.0 Cash 3.5 Other 1.2 Top 5 Holdings as of CMT Market Liquidity Rate 3.40 Sap AG 1.97 Sumitomo Mitsui Financial Group Inc 1.97 Royal Bank of Scotland Group (The) PLC 1.62 Samsung Electronics Co Ltd Total Number of Stock Holdings 172 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 8, Fund Inception Date Portfolio Manager Sandy Nairn Morningstar Style Box as of % Mkt Cap Giant Large Medium 9.82 Small 1.06 Micro 0.00 Morningstar Super World Regions as of Americas 3.28 Greater Europe Greater Asia Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Edinburgh Partners Limited Vanguard Mid Cap Growth Inv VMGRX... Mid-Cap Growth QQQQ Above Average Below Average Out of 641 Mid-Cap Growth funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks long-term capital appreciation. The fund invests at least 80% of its assets in common stocks of mid-size companies. In selecting investments, each advisor invests in those mid-size companies that it believes have the best prospects for future growth. The fund uses multiple investment advisors. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 88.1 Non-U.S. Stocks 6.8 Bonds 0.0 Cash 5.2 Other 0.0 Top 5 Holdings as of CMT Market Liquidity Rate 4.97 Dick's Sporting Goods, Inc Perrigo Company PLC 1.75 Green Mountain Coffee Roasters, Inc Mead Johnson Nutrition Company Total Number of Stock Holdings 122 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 3, Morningstar Style Box as of % Mkt Cap Giant 0.00 Large Medium Small 8.46 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Fund Inception Date Portfolio Manager Edward N. Antoian Chartwell Investment Partners, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

30 Vanguard Mid Cap Index Adm VIMAX... Mid-Cap Blend QQQQ Above Average Average Out of 338 Mid-Cap Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 96.0 Non-U.S. Stocks 3.4 Bonds 0.0 Cash 0.3 Other 0.3 Top 5 Holdings as of Forest Laboratories, Inc Illumina, Inc Macy's Inc 0.69 Mylan Inc 0.69 Delphi Automotive PLC Total Number of Stock Holdings 371 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 42, Fund Inception Date Portfolio Manager Donald M. Butler Morningstar Style Box as of % Mkt Cap Giant 0.42 Large Medium Small 0.03 Micro 0.04 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Vanguard Group, Inc. Vanguard Selected Value Inv VASVX... Mid-Cap Value QQQQ Above Average Below Average Out of 365 Mid-Cap Value funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks long-term capital appreciation and income. The fund invests mainly in the stocks of mid-size U.S. companies, choosing stocks considered by an advisor to be undervalued. Undervalued stocks are generally those that are out of favor with investors and are trading at prices that the advisor feels are below average in relation to measures such as earnings and book value. These stocks often have above-average dividend yields. It uses multiple investment advisors. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 75.0 Non-U.S. Stocks 12.2 Bonds 0.0 Cash 12.8 Other 0.0 Top 5 Holdings as of CMT Market Liquidity Rate Micron Technology, Inc Royal Caribbean Cruises, Ltd Omnicare Inc 2.43 XL Group PLC Total Number of Stock Holdings 64 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 8, Fund Inception Date Portfolio Manager James P. Barrow Morningstar Style Box as of % Mkt Cap Giant 0.00 Large Medium Small 2.31 Micro 0.00 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Barrow, Hanley, Mewhinney & Strauss LLC Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

31 Vanguard Small Cap Index Adm VSMAX... Small Blend QQQQ Above Average Above Average Out of 612 Small Blend funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. Risk: Above Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Composition as of U.S. Stocks 97.8 Non-U.S. Stocks 1.5 Bonds 0.0 Cash 0.6 Other 0.0 Top 5 Holdings as of CMT Market Liquidity Rate 0.56 American Realty Capital Properties Inc Class A 0.38 United Rentals Inc 0.30 Fortune Brands Home & Security Inc 0.28 Jazz Pharmaceuticals PLC Total Number of Stock Holdings 1431 Total Number of Bond Holdings 0 Annual Turnover Ratio % Total Fund Assets ($mil) 38, Fund Inception Date Portfolio Manager Michael H. Buek Morningstar Style Box as of % Mkt Cap Giant 0.00 Large 0.30 Medium Small Micro 8.21 Morningstar Super Sectors as of Cyclical Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha Vanguard Group, Inc. T. Rowe Price Retirement Income R RRTIX... Retirement Income QQQQ Above Average Above Average Out of 268 Retirement Income funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is intended for retired investors who seek income and relative stability from bonds along with some capital appreciation potential from stocks. The fund's "neutral allocations," which are what T. Rowe Price considers broadly appropriate for investors during their retirement years, are 40% stock funds and 60% bond funds. While the fund is non-diversified, it invests in diversified underlying holdings. Risk: Below Average In the past, this investment has shown a relatively small range of price fluctuations relative to other investments. Based on this measure, currently more than two-thirds of all investments have shown higher levels of risk. Consequently, this investment may appeal to investors looking for a conservative investment strategy. Composition as of U.S. Stocks 27.7 Non-U.S. Stocks 12.8 Bonds 54.8 Cash 3.6 Other 1.0 Top 5 Holdings as of T. Rowe Price Inflation Focused Bond T. Rowe Price Equity Index T. Rowe Price New Income T. Rowe Price High-Yield 3.80 T. Rowe Price Intl Gr & Inc Total Number of Holdings 17 Annual Turnover Ratio % Total Fund Assets ($mil) 3, Fund Inception Date Portfolio Manager Jerome A. Clark Morningstar Style Box as of (EQ) ; (F-I) Ltd Mod Ext Morningstar Super Sectors as of Cyclical High Med Low Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

32 T. Rowe Price Retirement 2015 TRRGX... Target Date QQQQQ High High Out of 140 Target Date funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2015) included in its name and assumes a retirement age of 65. It normally invests 58.5% in stocks and 41.5% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 39.5 Non-U.S. Stocks 18.9 Bonds 36.9 Cash 3.5 Other 1.2 Top 5 Holdings as of T. Rowe Price Equity Index T. Rowe Price New Income T. Rowe Price Inflation Focused Bond 8.28 T. Rowe Price Growth Stock 6.60 T. Rowe Price Intl Gr & Inc Total Number of Holdings 19 Annual Turnover Ratio % Total Fund Assets ($mil) 9, Fund Inception Date Portfolio Manager Jerome A. Clark Morningstar Style Box as of (EQ) ; (F-I) Ltd Mod Ext Morningstar Super Sectors as of Cyclical High Med Low Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc. T. Rowe Price Retirement 2025 TRRHX... Target Date QQQQQ High High Out of 133 Target Date funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2025) included in its name and assumes a retirement age of 65. The fund normally invests 75% in stocks and 25% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 49.5 Non-U.S. Stocks 24.6 Bonds 21.8 Cash 3.0 Other 1.1 Top 5 Holdings as of T. Rowe Price Growth Stock T. Rowe Price New Income T. Rowe Price Equity Index T. Rowe Price Value T. Rowe Price Intl Gr & Inc Total Number of Holdings 19 Annual Turnover Ratio % Total Fund Assets ($mil) 13, Fund Inception Date Portfolio Manager Jerome A. Clark Morningstar Style Box as of (EQ) ; (F-I) Ltd Mod Ext Morningstar Super Sectors as of Cyclical High Med Low Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

33 T. Rowe Price Retirement 2035 TRRJX... Target Date QQQQQ High Above Average Out of 133 Target Date funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2035) included in its name and assumes a retirement age of 65. It normally invests 86.5% in stocks and 13.5% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 56.3 Non-U.S. Stocks 28.5 Bonds 11.4 Cash 2.8 Other 1.0 Top 5 Holdings as of T. Rowe Price Growth Stock T. Rowe Price Value T. Rowe Price Equity Index T. Rowe Price New Income 7.96 T. Rowe Price Intl Gr & Inc Total Number of Holdings 19 Annual Turnover Ratio % Total Fund Assets ($mil) 10, Fund Inception Date Portfolio Manager Jerome A. Clark Morningstar Style Box as of (EQ) ; (F-I) Ltd Mod Ext Morningstar Super Sectors as of Cyclical High Med Low Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc. T. Rowe Price Retirement 2045 TRRKX... Target Date QQQQQ High Above Average Out of 132 Target Date funds. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details. The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2045) included in its name and assumes a retirement age of 65. It normally invests 90% in stocks and 10% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings. Risk: Average In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies. Composition as of U.S. Stocks 58.4 Non-U.S. Stocks 29.6 Bonds 8.4 Cash 2.7 Other 1.0 Top 5 Holdings as of T. Rowe Price Growth Stock T. Rowe Price Value T. Rowe Price Intl Gr & Inc 7.97 T. Rowe Price Equity Index T. Rowe Price Overseas Stock Total Number of Holdings 19 Annual Turnover Ratio % Total Fund Assets ($mil) 5, Fund Inception Date Portfolio Manager Jerome A. Clark Morningstar Style Box as of (EQ) ; (F-I) Ltd Mod Ext Morningstar Super Sectors as of Cyclical High Med Low Sensitive Defensive Risk Measures as of Port Avg Rel S&P 500 Rel Cat 3 Yr Std Dev Yr Beta Yr Alpha T. Rowe Price Associates, Inc Morningstar, Inc., Morningstar Investment ProfilesTM All rights reserved. The information contained herin: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at

34 For use with: Lincoln Alliance program Roman Catholic Diocese of Raleigh 403(b) Retirement Plan Request for a Contract Exchange RCDR-001 Section I Plan Information PLEASE PRINT CLEARLY Step A: Participant Information Information provided on this form will be used exclusively for administering your account and sending financial documents and information related to your plan. Name: SSN#: - - Last First Middle Address: Street City State ZIP Birth Date: Married Male Daytime Phone: Date of hire: Not married Female Evening Phone: address: I elect to receive prospectuses, supplements and shareholder reports related to my account electronically. Notices will be provided to my address above. If the address I provide is not valid, or if I do not provide an address, I will receive such documents in paper form by U.S. mail. I may also request documents in paper form at no charge by calling , or change my delivery preference at LincolnFinancial.com. Step B: Your current provider (Complete all of Step B) My current 403(b) account that I would like to transfer over is with (check one): Lincoln Other Former employer's name: Previous Account Number(s): Name of annuity provider, custodion or trustee: Contact person: Daytime Phone: Address: address: Daytime Phone: Street City State ZIP NOTE: The contract exchange rules state that a full or partial transfer out of a 403(b) annuity or custodial account is a non-taxable event only if the transfer is made to another 403(b) account subject to the same or more stringent distribution restrictions. Step C: How much do you want to transfer Please transfer the amount listed below to Wilmington Trust, N.A. as successor custodian. Select one: Complete Liquidate all of the above referenced account and transfer the assets. Partial Liquidate assets totaling $ and transfer the assets. NOTE: If you are 70½ or older and are currently receiving Required Minimum Distributions, contact Customer Service at to establish your ongoing Required Minimum Distribution under the Lincoln Alliance program. Step D: Break down the amount of the transfer from the existing plan provider The existing plan provider must complete this section. Dollar amounts must be provided. *If Other Employer contributions are entered please indicate name of money type. **Roth contributions. Provide the year that the first contribution was made:. ***After-Tax contributions (excluding Roth). The check must be accompanied by information that reflects any grandfathered balances for withdrawal restrictions. Missing source information may delay processing your transaction and Lincoln Financial may treat monies being transferred as elective deferral amounts which could limit the amount available for future distributions. Provide appropriate amounts in the boxes below: Employer Employee 403(b)(1) annuity contract Matching Non-Matching *Other Pre-Tax **Roth ***After-Tax Account balances as of 12/31/86 $ $ $ $ $ Account balances as of 12/31/88 $ $ $ $ $ Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 Page 1 of 5 PAD

35 Request for a Contract Exchange RCDR-001 Post-1998 salary reduction contributions $ $ $ $ $ $ 403(b)(7) custodial contract Account balances as of 12/31/86 $ $ $ $ $ Account balances as of 12/31/88 $ $ $ $ $ Post-1998 salary reduction contributions $ $ $ $ $ $ Total transfer breakdown $ $ $ $ $ $ Step E: Signatures Participant Information about the timing of your transfer Use this form to request a Contract Exchange of your 403(b) annuity or custodial account assets to the 403(b) annuity contract or the 403(b)(7) custodial account in the Lincoln Alliance program. Throughout this form, the term transfer is used to describe the tax-free total or partial exchange of one account for another based on the final 403(b) regulations published on July 26, Transfers from a Lincoln Financial Group (Lincoln) 1 annuity contract to the investment options offered through the Lincoln Alliance program are liquidated on the date of receipt at Lincoln. Once Lincoln prices a redemption request, it may take an additional 3-5 business days to apply the investment options you have selected. During this process, your assets will not be subject to market gains or losses until the transfer is complete. You will receive a confirmation notice when your transfer has been processed out of your annuity contract and again when it has been processed into the fund selection offered through the Lincoln Alliance program. Circumstances such as incomplete forms, trading deadlines or unusually high volumes may result in additional time to process your transfer. For questions regarding transfers from non-lincoln contracts, contact your previous provider. 1 Affiliates of Lincoln National Corporation include The Lincoln National Life Insurance Company, Lincoln Life & Annuity Company of New York and Lincoln Retirement Services Company, LLC, separately and collectively referred to as ( Lincoln ). Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. By signing below, I certify that: Residents of all states except Maryland, Pennsylvania and New York, please note: Any person who knowingly, and with intent to defraud any insurance company or other person, files or submits an application or statement of claim containing any materially false or deceptive information, or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and may subject such person to criminal and civil penalties. For Pennsylvania residents only: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties. For Maryland residents only: Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison. For New York residents only: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and shall also be subject to civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation. For New York residents only: Pursuant to Section 3 of the federal Defense of Marriage Act ( DOMA ), same-sex marriages currently are not recognized for purposes of federal law. Therefore, the favorable income-deferral options afforded by federal tax law to an opposite-sex spouse under Internal Revenue Code sections 72(s) and 401(a)(9) are currently NOT available to a same-sex spouse. Same-sex spouses who own or are considering the purchase of annuity products that provide benefits based upon status as a spouse should consult a tax advisor. To the extent that an annuity contract or certificate accords to spouses other rights or benefits that are not affected by DOMA, same-sex spouses remain entitled to such rights or benefits to the same extent as any annuity holder s spouse. For Illinois residents only: The terms and requirements of the Illinois Religious Freedom Protection and Civil Union Act where incorporated into existing Illinois law, including the Illinois Insurance Code. Therefore, beginning June 1, 2011 all contracts of insurance, including renewals and existing contracts comply with that Act. For Delaware residents only: In compliance with The Civil Union and Equality Act, effective January 1, 2012, under all of The Lincoln National Life Insurance Company insurance contracts, certificates and riders covering Delaware residents, any benefit, coverage or right, governed by Delaware state law, provided to a person considered a spouse by marriage will also be provided to a party to a civil union and any benefit, coverage or right, governed by Delaware state law, provided to a child of a marriage will also be provided to a child of a civil union. Federal law may impact how certain spousal rights and benefits within some insurance products are treated. For example, federal tax laws that afford favorable income-deferral option to an opposite-sex spouse (e.g. the Federal Defense of Marriage Act). You should consult a tax advisor regarding the purchase of any life insurance policy or annuity contract that provides benefits based upon one s status as a spouse." If my employer is currently sending contributions to Lincoln or if an Information Sharing Agreement is in place, Lincoln will accept contract exchanges without delay. If my employer is not currently sending contributions to Lincoln, Lincoln will hold the exchange and forward an Information Sharing Agreement to the employer that I identify. I should contact my employer to determine if Lincoln is an approved vendor or if an Information Sharing Agreement has been completed. If not, I will need to consider another contract exchange to a 403(b) provider approved by my employer or a direct rollover to an IRA or another retirement plan if I am eligible. I verify that this transfer contains only dollars from another 403(b) annuity contract or custodian account. I have read the above information and authorize the transfer solely for my benefit, based on my investment elections in Section II of this form. I also understand that my participation, including my transfer and any associated earnings, will be governed by the provisions contained in the retirement plan. EM AL- RCDR /12 Page 2 of 5 PAD

36 Request for a Contract Exchange RCDR-001 Your Signature Date Retirement Consultant name: Agent Code (if any) Trustee Acceptance Be advised that the Wilmington Trust, N.A. is acting as trustee/custodian and is willing to accept the proceeds from the above-referenced plan or account into the trust/custodial account, in the Lincoln Alliance program. Return this form to: Roman Catholic Diocese of Raleigh, North Carolina c/o Lincoln Retirement Services Co PO Box 7876 Fort Wayne, IN Instructions for former provider Please make check payable to: Wilmington Trust, N.A. For the benefit of: Participant Name/SSN Please mail check to: Roman Catholic Diocese of Raleigh, North Carolina c/o Lincoln Retirement Services Co PO Box 7876 Fort Wayne, IN EM AL- RCDR /12 Page 3 of 5 PAD

37 For use with: Lincoln Alliance program Roman Catholic Diocese of Raleigh 403(b) Retirement Plan Request for a Contract Exchange RCDR-001 Section II Investment Information PLEASE PRINT CLEARLY Step F: Decide how to invest Name: SSN#: - - Last First Middle I want to apply my transfer amount to my current investment elections on file. Do not complete any other section in Decide how to invest. Make it easy - This election applies to all contribution types. Choose only one Make it easy option at 100%. Do not complete any other section in Decide how to invest. Target-date funds 100% T. Rowe Price Retirement Income R 100% T. Rowe Price Retirement % T. Rowe Price Retirement % T. Rowe Price Retirement % T. Rowe Price Retirement 2045 Do it yourself - This election applies to all contribution types. Do not complete Do it yourself if you completed another section in Choose where to invest. Use this section to indicate your asset allocations. Your percentages must add up to 100% in increments of 1%. Percentages Investment Options Cash/Stable Value % Lincoln Stable Value -J63 Bonds % Ave Maria Bond % Eaton Vance Short Duration Strat Inc I % PIMCO Total Return Instl % Templeton Global Bond Adv Balanced/Asset Allocation % T. Rowe Price Retirement 2015 % T. Rowe Price Retirement 2025 % T. Rowe Price Retirement 2035 % T. Rowe Price Retirement 2045 % T. Rowe Price Retirement Income R All investment percentages must equal 100% Percentages Investment Options U.S. Stocks % American Funds American Mutual R6 % Ave Maria Rising Dividend % LKCM Aquinas Growth % LKCM Aquinas Small Cap % Oppenheimer Main Street Y % Perkins Small Cap Value I % Pioneer Oak Ridge Small Cap Growth Y % T. Rowe Price Growth Stock % Vanguard 500 Index Inv % Vanguard Mid Cap Growth Inv % Vanguard Mid Cap Index Adm % Vanguard Selected Value Inv % Vanguard Small Cap Index Adm International Stocks % American Funds EuroPacific Gr R6 % Oppenheimer Developing Markets Y % Oppenheimer Global Y % Oppenheimer International Growth Y % Vanguard International Value Inv 100% = Total Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 Page 4 of 5 PAD

38 Request for a Contract Exchange RCDR-001 Participant signature By signing below, I certify that: I have read and understand the Investment Elections in Step F. I authorize my transferred assets to be invested in the retirement plan in the manner indicated above. Participant's signature (prior plan) Date Return this form to: Roman Catholic Diocese of Raleigh, North Carolina, c/o Lincoln Retirement Services Co, PO Box 7876, Fort Wayne, IN Important Information Mutual funds in the Lincoln Alliance program are sold by prospectus. An investor should carefully consider the investment objectives, risks, and charges and expenses of the investment company before investing. The prospectus contains this and other important information and should be read carefully before investing or sending money. Investment values will fluctuate with changes in market conditions, so that upon withdrawal, your investment may be worth more or less than the amount originally invested. Prospectuses for any of the mutual funds in the Lincoln Alliance program are available at The program includes certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker-dealer (member FINRA) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN Unaffiliated broker-dealers also may provide services to customers. The Lincoln Stable Value Account is a fixed annuity contract issued by The Lincoln National Life Insurance Company, Fort Wayne, IN on Form SV20 05/04, Form SV90 05/04, or Form AR /09 and state variations thereof. Guarantees for the Lincoln Stable Value Account are based upon the claims-paying ability of the issuer. Transfers from this investment option to a competing fund may be restricted. Transfers may be made to noncompeting funds if there are no subsequent transfers to a competing funds within 90 days. Wilmington Trust, N. A. (WTNA), a national banking association based in Delaware which exercises trust powers, is a wholly owned subsidiary of M&T Bank Corporation. WTNA is not an affiliate of Lincoln Financial Group. Lincoln Retirement Services Company, LLC is an affiliate of Lincoln National Corporation. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 Page 5 of 5 PAD

39 For use with: Lincoln Alliance program Roman Catholic Diocese of Raleigh 403(b) Retirement Plan Request for a Rollover RCDR-001 Section I Plan Information PLEASE PRINT CLEARLY Carefully read the rollover notice you received from your distributing plan before you complete the following sections on the Request for a Rollover. The choices you make will affect the taxes you owe. If you have investment elections on file and do not correctly complete Section II of this form, your rollover will be deposited into the investment elections you have on file. If you do not have investment elections on file and do not correctly complete Section II of this form, your rollover will be deposited into the default option designated by your employer. Step A: Participant Information Information provided on this form will be used exclusively for administering your account and sending financial documents and information related to your plan. Name: SSN#: - - Last First Middle Address: Street City State ZIP Birth Date: Married Male Daytime Phone: Date of hire: Not married Female Evening Phone: address: I elect to receive prospectuses, supplements and shareholder reports related to my account electronically. Notices will be provided to my address above. If the address I provide is not valid, or if I do not provide an address, I will receive such documents in paper form by U.S. mail. I may also request documents in paper form at no charge by calling , or change my delivery preference at LincolnFinancial.com. Step B: What was your former plan (Complete all of Step B) Amount of rollover: $ or % I am requesting a rollover of my existing: Pretax contributions from a 401(a) Pretax contributions from a 401(k) Pretax contributions from a 403(b) Pretax contributions from a 457(b) Gov Pretax contributions from an IRA Note: Roth and After-tax rollovers are not allowed for this plan. My current account is with (check one): Lincoln Other Former employer's name: Previous Account Number(s): Name of annuity provider, custodion or trustee: Contact person: Daytime Phone: Address: address: Daytime Phone: Street City State ZIP You must provide one of the following forms of documentation in order to process your rollover: Copy of most recent statement from the prior plan (Documentation must clearly confirm type of plan, i.e., 401(k), 403(b), 457(b) governmental plan or IRA) Letter from prior plan sponsor indicating the type of plan where rollover originated Copy of prior plan sponsor s IRS determination letter Failure to provide one of the above forms of supporting information will delay the processing of your rollover request until such supporting information is received. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 Page 1 of 4 PAD

40 Request for a Rollover RCDR-001 Step C: Signatures Participant By signing below, I certify that: Residents of all states except Maryland, Pennsylvania and New York, please note: Any person who knowingly, and with intent to defraud any insurance company or other person, files or submits an application or statement of claim containing any materially false or deceptive information, or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and may subject such person to criminal and civil penalties. For Pennsylvania residents only: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties. For Maryland residents only: Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison. For New York residents only: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and shall also be subject to civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation. For New York residents only: Pursuant to Section 3 of the federal Defense of Marriage Act ( DOMA ), same-sex marriages currently are not recognized for purposes of federal law. Therefore, the favorable income-deferral options afforded by federal tax law to an opposite-sex spouse under Internal Revenue Code sections 72(s) and 401(a)(9) are currently NOT available to a same-sex spouse. Same-sex spouses who own or are considering the purchase of annuity products that provide benefits based upon status as a spouse should consult a tax advisor. To the extent that an annuity contract or certificate accords to spouses other rights or benefits that are not affected by DOMA, same-sex spouses remain entitled to such rights or benefits to the same extent as any annuity holder s spouse. For Illinois residents only: The terms and requirements of the Illinois Religious Freedom Protection and Civil Union Act where incorporated into existing Illinois law, including the Illinois Insurance Code. Therefore, beginning June 1, 2011 all contracts of insurance, including renewals and existing contracts comply with that Act. For Delaware residents only: In compliance with The Civil Union and Equality Act, effective January 1, 2012, under all of The Lincoln National Life Insurance Company insurance contracts, certificates and riders covering Delaware residents, any benefit, coverage or right, governed by Delaware state law, provided to a person considered a spouse by marriage will also be provided to a party to a civil union and any benefit, coverage or right, governed by Delaware state law, provided to a child of a marriage will also be provided to a child of a civil union. Federal law may impact how certain spousal rights and benefits within some insurance products are treated. For example, federal tax laws that afford favorable income-deferral option to an opposite-sex spouse (e.g. the Federal Defense of Marriage Act). You should consult a tax advisor regarding the purchase of any life insurance policy or annuity contract that provides benefits based upon one s status as a spouse." Your Signature Date Retirement Consultant name: Agent Code (if any) Trustee Acceptance Be advised that the Wilmington Trust, N.A. is acting as trustee/custodian and is willing to accept the proceeds from the above-referenced plan or account into the trust/custodial account, in the Lincoln Alliance program. Return this form to: Roman Catholic Diocese of Raleigh, North Carolina c/o Lincoln Retirement Services Co PO Box 7876 Fort Wayne, IN Instructions for former provider Please make check payable to: Wilmington Trust, N.A. For the benefit of: Participant Name/SSN Please mail check to: Roman Catholic Diocese of Raleigh, North Carolina c/o Lincoln Retirement Services Co PO Box 7876 Fort Wayne, IN EM AL- RCDR /12 PAD Page 2 of 4

41 For use with: Lincoln Alliance program Roman Catholic Diocese of Raleigh 403(b) Retirement Plan Request for a Rollover RCDR-001 Section II Investment Information PLEASE PRINT CLEARLY Step D: Decide how to invest Name: SSN#: - - Last First Middle I want to apply my transfer amount to my current investment elections on file. Do not complete any other section in Decide how to invest. Make it easy - This election applies to all contribution types Choose only one Make it easy option at 100%. Do not complete any other section in Decide how to invest. Target-date funds 100% T. Rowe Price Retirement Income R 100% T. Rowe Price Retirement % T. Rowe Price Retirement % T. Rowe Price Retirement % T. Rowe Price Retirement 2045 Do it yourself. This election applies to all contribution types. Do not complete Do it yourself if you completed another section in Choose where to invest. Use this section to indicate your asset allocations. Your percentages must add up to 100% in increments of 1%. Percentages Investment Options Cash/Stable Value % Lincoln Stable Value -J63 Bonds % Ave Maria Bond % Eaton Vance Short Duration Strat Inc I % PIMCO Total Return Instl % Templeton Global Bond Adv Balanced/Asset Allocation % T. Rowe Price Retirement 2015 % T. Rowe Price Retirement 2025 % T. Rowe Price Retirement 2035 % T. Rowe Price Retirement 2045 % T. Rowe Price Retirement Income R All investment percentages must equal 100% Percentages Investment Options U.S. Stocks % American Funds American Mutual R6 % Ave Maria Rising Dividend % LKCM Aquinas Growth % LKCM Aquinas Small Cap % Oppenheimer Main Street Y % Perkins Small Cap Value I % Pioneer Oak Ridge Small Cap Growth Y % T. Rowe Price Growth Stock % Vanguard 500 Index Inv % Vanguard Mid Cap Growth Inv % Vanguard Mid Cap Index Adm % Vanguard Selected Value Inv % Vanguard Small Cap Index Adm International Stocks % American Funds EuroPacific Gr R6 % Oppenheimer Developing Markets Y % Oppenheimer Global Y % Oppenheimer International Growth Y % Vanguard International Value Inv 100% = Total Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 Page 3 of 4 PAD

42 Request for a Rollover Participant signature By signing below, I certify that: I have read and understand the Investment Elections in Step D. I authorize my transferred assets to be invested in the retirement plan in the manner indicated above. RCDR-001 Participant Signature Date Return this form to: Roman Catholic Diocese of Raleigh, North Carolina c/o Lincoln Retirement Services Co, PO Box 7876, Fort Wayne, IN Important Information Mutual funds in the Lincoln Alliance program are sold by prospectus. An investor should carefully consider the investment objectives, risks, and charges and expenses of the investment company before investing. The prospectus contains this and other important information and should be read carefully before investing or sending money. Investment values will fluctuate with changes in market conditions, so that upon withdrawal, your investment may be worth more or less than the amount originally invested. Prospectuses for any of the mutual funds in the Lincoln Alliance program are available at The program includes certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker-dealer (member FINRA) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN Unaffiliated broker-dealers also may provide services to customers. The Lincoln Stable Value Account is a fixed annuity contract issued by The Lincoln National Life Insurance Company, Fort Wayne, IN on Form SV20 05/04, Form SV90 05/04, or Form AR /09 and state variations thereof. Guarantees for the Lincoln Stable Value Account are based upon the claims-paying ability of the issuer. Transfers from this investment option to a competing fund may be restricted. Transfers may be made to noncompeting funds if there are no subsequent transfers to a competing funds within 90 days. Wilmington Trust, N. A. (WTNA), a national banking association based in Delaware which exercises trust powers, is a wholly owned subsidiary of M&T Bank Corporation. WTNA is not an affiliate of Lincoln Financial Group. Lincoln Retirement Services Company, LLC is an affiliate of Lincoln National Corporation. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. EM AL- RCDR /12 PAD Page 4 of 4

43 LINCOLN FINANCIAL GROUP PRIVACY PRACTICES NOTICE The Lincoln Financial Group companies* are committed to protecting your privacy. To provide the products and services you expect from a financial services leader, we must collect personal information about you. We do not sell your personal information to third parties. We share your personal information with third parties as necessary to provide you with the products or services you request and to administer your business with us. This Notice describes our current privacy practices. While your relationship with us continues, we will update and send our Privacy Practices Notice as required by law. Even after that relationship ends, we will continue to protect your personal information. You do not need to take any action because of this Notice, but you do have certain rights as described below. INFORMATION WE MAY COLLECT AND USE We collect personal information about you to help us identify you as our customer or our former customer; to process your requests and transactions; to offer investment or insurance services to you; to pay your claim; or to tell you about our products or services we believe you may want and use. The type of personal information we collect depends on the products or services you request and may include the following: Information from you: When you submit your application or other forms, you give us information such as your name, address, Social Security number; and your financial, health, and employment history. Information about your transactions: We keep information about your transactions with us, such as the products you buy from us; the amount you paid for those products; your account balances; and your payment history. Information from outside our family of companies: If you are purchasing insurance products, we may collect information from consumer reporting agencies such as your credit history; credit scores; and driving and employment records. With your authorization, we may also collect information, such as medical information from other individuals or businesses. Information from your employer: If your employer purchases group products from us, we may obtain information about you from your employer in order to enroll you in the plan. HOW WE USE YOUR PERSONAL INFORMATION We may share your personal information within our companies and with certain service providers. They use this information to process transactions you have requested; provide customer service; and inform you of products or services we offer that you may find useful. Our service providers may or may not be affiliated with us. They include financial service providers (for example, third party administrators; broker-dealers; insurance agents and brokers, registered representatives; reinsurers and other financial services companies with whom we have joint marketing agreements). Our service providers also include non-financial companies and individuals (for example, consultants; vendors; and companies that perform marketing services on our behalf). Information we obtain from a report prepared by a service provider may be kept by the service provider and shared with other persons; however, we require our service providers to protect your personal information and to use or disclose it only for the work they are performing for us, or as permitted by law. When you apply for one of our products, we may share information about your application with credit bureaus. We also may provide information to group policy owners, regulatory authorities and law enforcement officials and to others when we believe in good faith that the law requires disclosure. In the event of a sale of all or part of our businesses, we may share customer information as part of the sale. We do not sell or share your information with outside marketers who may want to offer you their own products and services; nor do we share information we receive about you from a consumer reporting agency. You do not need to take any action for this benefit.

44 SECURITY OF INFORMATION We have an important responsibility to keep your information safe. We use safeguards to protect your information from unauthorized disclosure. Our employees are authorized to access your information only when they need it to provide you with products, services, or to maintain your accounts. Employees who have access to your personal information are required to keep it confidential. Employees are trained on the importance of data privacy. Questions about your personal information should be directed to: Lincoln Financial Group Attn: Enterprise Services Compliance and Ethics Corporate Privacy Office, 7C S. Clinton St. Fort Wayne, IN Please include all policy/contract/account numbers with your correspondence. *This information applies to the following Lincoln Financial Group companies: First Penn-Pacific Life Insurance Company Lincoln Financial Group Trust Company, LLC Lincoln Financial Investment Services Corporation Lincoln Investment Advisors Corporation Lincoln Life & Annuity Company of New York Lincoln Retirement Services Company, LLC Lincoln Variable Insurance Products Trust The Lincoln National Life Insurance Company ADDITIONAL PRIVACY INFORMATION FOR INSURANCE PRODUCT CUSTOMERS CONFIDENTIALITY OF MEDICAL INFORMATION We understand that you may be especially concerned about the privacy of your medical information. We do not sell or rent your medical information to anyone; nor do we share it with others for marketing purposes. We only use and share your medical information for the purpose of underwriting insurance, administering your policy or claim and other purposes permitted by law, such as disclosure to regulatory authorities or in response to a legal proceeding. MAKING SURE MEDICAL INFORMATION IS ACCURATE We want to make sure we have accurate information about you. Upon written request we will tell you, within 30 business days, what personal information we have about you. You may see a copy of your personal information in person or receive a copy by mail, whichever you prefer. We will share with you who provided the information. In some cases we may provide your medical information to your personal physician. We will not provide you with information we have collected in connection with, or in anticipation of, a claim or legal proceeding. If you believe that any of our records are not correct, you may write and tell us of any changes you believe should be made. We will respond to your request within 30 business days. A copy of your request will be kept on file with your personal information so anyone reviewing your information in the future will be aware of your request. If we make changes to your records as a result of your request, we will notify you in writing and we will send the updated information, at your request, to any person who may have received the information within the prior two years. We will also send the updated information to any insurance support organization that gave us the information, and any service provider that received the information within the prior 7 years. Questions about your personal medical information should be directed to: Lincoln Financial Group Attn: Medical Underwriting P.O. Box Greensboro, NC The CONFIDENTIALITY OF MEDICAL INFORMATION and MAKING SURE INFORMATION IS ACCURATE sections of this Notice apply to the following Lincoln Financial Group companies: First Penn-Pacific Life Insurance Company Lincoln Life & Annuity Company of New York The Lincoln National Life Insurance Company

45 The journey begins Congrats

46 helping you achieve better retirement outcomes We ve helped more than 1.4 million Americans save, plan and retire. We look forward to guiding you every step of the way with resources and insight to help you enroll, decide how much to save, select investments, manage life events and transition into retirement. Because we re optimistic about your future, and we think you should be too. For more information, contact your financial professional or visit LincolnFinancial.com Explore the possibilities Not a deposit Not FDIC-insured Not insured by any federal government agency Not guaranteed by any bank or savings association May go down in value 2013 Lincoln National Corporation Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. This material was prepared to support the promotion and marketing of investment and insurance products. Lincoln Financial Group affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Please consult your own independent advisor as to any tax, accounting, or legal statements made herein. Mutual funds and variable annuities are sold by prospectus. Investors are advised to carefully consider the investment objectives, risks, and charges and expenses of a mutual fund, and in the case of a variable annuity, the variable contract and its underlying investment options. To obtain a mutual fund or variable annuity prospectus that contains this and other information call: 800-4LINCOLN. Read the prospectus carefully before investing or sending money. Variable annuities are long-term investment products designed particularly for retirement purposes and are subject to market fluctuation, investment risk and possible loss of principal. Variable annuities contain both investment and insurance components, and have fees and charges, including mortality and expense, administrative and advisory fees. Optional features are available for an additional charge. The annuity s value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to a 10% federal tax penalty. Withdrawals will reduce the death benefit and cash surrender value. There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan. Variable annuities sold in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. For all other states, variable annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contractual obligations are subject to the claims-paying ability of the appropriate issuing company. The mutual fund-based programs include certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker/ dealer (member FINRA) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN Unaffiliated broker/dealers also may provide services to customers.