PERFORMANCE Funded by a Group Variable Funding Agreement

Transcription

1 PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Total return includes capital appreciation (depreciation), realized gains (losses), plus dividend or interest income. The investment return and principal value of an investment will fluctuate so that when units/shares are redeemed they may be worth more, or less, than the original cost. Results shown do not take into account personal income taxes or capital gains taxes. Current performance may be lower or higher than the performance data quoted. For current performance information to the most recent month-end, refer to our website at * Returns are net of total fund operating expenses. Your plan may also be subject to a Program and Administrative charge. Refer to a current fee schedule for charges applicable to your plan. Investments in the Possibilities program are available through group variable funding agreements (HL-16553, 16553NY, HL-20326, HL-20326NY) issued by Hartford Life Insurance Company (Simsbury, CT). Contracts are administered by Massachusetts Mutual Life Insurance Company. Total return includes capital appreciation (depreciation), realized gain (loss), plus reinvested dividend or interest income. Results shown do not take into account personal income taxes or capital gains taxes. Nor does the performance reflect the deduction of any plan charges which may be assessed to plan participants. With respect to all performance displayed, where inception of the underlying fund precedes that of the separate account, performance is given since the inception of the underlying fund (whereas the inception date for Separate Account 457 is 12/31/1998, and the inception date for Separate Account 14 is 3/15/2005). In such cases, the performance given is hypothetical and is based on the actual performance of the underlying fund. This material must be preceded or accompanied by currently effective disclosure documents. Investors should consider an investment's objectives, risks, charges and expenses carefully before investing. Read this information carefully before you invest or send money. Questions should be directed to your local Financial Professional, our Customer Service Center at , or our website at 1 Investments in foreign securities may involve different and additional risks associated with foreign currencies, investment disclosure, accounting, securities regulation, commissions, taxes, political or social instability, war or expropriation. 2 The fund's investments are concentrated in a specific industry or sector, and are subject to greater risk than traditional diversified equity funds. 3 Small Cap stocks generally have higher risk and return characteristics than large-company stocks. 4 Mid Cap stocks generally have higher risk and return characteristics than large-company stocks. 5 The methodology used in the hypothetical performance calculations for the Janus investment options may differ from the methodology used by Janus. Therefore, the performance returns shown may differ from those provided directly by Janus for the same underlying funds for the same time periods, and may differ significantly at a particular point in time. Janus approves of the use of an alternative method that is accepted in the industry to calculate hypothetical performance. 6 Securities rated below investment grade "BBB" are commonly referred to as "high yield, high risk" securities, or "junk bonds." SPECIALTY Franklin Utilities Utilities 2.13% 1.42% -1.83% 1.43% 7.14% 7.41% 7.39% N/A 9/30/1948 Htfd HC HLS 1,2 Health -0.66% -5.30% 1.02% 7.84% 6.16% 15.47% 13.20% N/A 5/1/2000 Oppen Real Estate 2 Real Estate 0.78% -2.56% -5.87% -2.77% 2.51% 4.80% 5.48% N/A 3/4/ Page 1 of 7 (Page not valid without the others.) Wayne County 457 Plan -04/30/2018

2 INTERNATIONAL/GLOBAL AF EuroPacific Grth 1 Foreign Large Growth 0.23% -4.69% 1.09% 17.01% 6.36% 7.43% 3.83% N/A 4/16/1984 Drey Intl Stk Indx 1 Foreign Large Blend 1.52% -4.30% 0.56% 13.65% 4.48% 5.38% 1.95% N/A 6/30/1997 Oppen Global 1 World Large Stock 0.67% -6.43% 0.53% 19.11% 9.63% 10.75% 7.40% N/A 12/22/1969 Oppenheimer Intl Gr 1 Foreign Large Growth -0.09% -4.96% -0.02% 12.57% 5.57% 6.42% 4.82% N/A 3/25/1996 WF Emerg Mkt Equity 1 Diversified Emerging Mkts -1.43% -6.41% 0.16% 15.77% 7.11% 3.73% 2.64% N/A 9/6/1994 SMALL CAP Columbia SmCapVal II 3 Small Value 1.22% -3.11% -1.58% 7.54% 8.37% 10.99% 8.58% 9.25% 5/1/2002 Drey SC Stock Index 3 Small Blend 0.98% -1.01% 1.44% 12.05% 11.37% 13.33% 10.72% N/A 6/30/1997 Goldman SachsSmCap 3 Small Blend 0.64% -2.69% -1.49% 8.65% 8.39% 11.05% 9.98% N/A 10/22/1992 Prud Jenn Sm Company 3 Small Growth 0.76% -1.71% 1.36% 13.09% 8.91% 11.65% 8.89% N/A 11/13/1980 MID CAP ClearBridge Mid Cap 4 Mid-Cap Blend -0.15% -4.79% -3.02% 4.74% 5.06% 9.91% 8.30% N/A 9/1/1998 Drey Midcap Index 4 Mid-Cap Blend -0.30% -3.92% -1.21% 9.25% 8.90% 11.27% 9.57% N/A 6/19/1991 Htfd MidCap HLS 4 Mid-Cap Growth -0.17% -1.80% 3.24% 19.73% 11.67% 14.61% 10.29% N/A 7/14/1997 Mrg Stnly Inst Insgh Mid-Cap Blend -1.05% -6.44% -3.45% 6.67% 12.19% 12.33% N/A 16.24% 12/28/2011 Victory Syc Est Val 4 Mid-Cap Value 0.45% -3.76% -0.73% 9.70% 10.39% 13.17% 10.53% N/A 8/16/1983 LARGE CAP Alger Captl App Inst Large Growth 1.44% -3.84% 4.32% 19.92% 11.86% 15.23% 10.60% N/A 11/8/1993 Dreyfus S&P 500 Ind Large Blend 0.35% -5.89% -0.54% 12.73% 10.02% 12.40% 8.52% N/A 1/2/1990 Invesco Gr and Inc Large Value 1.84% -6.06% -0.94% 9.99% 8.98% 11.02% 8.05% N/A 8/1/1946 MFS Value Large Value -0.92% -8.29% -3.95% 7.35% 8.02% 10.65% 7.66% N/A 1/2/1996 PIMCO StocksPlus AR Large Blend 0.48% -5.67% -0.30% 13.45% 10.38% 12.25% 10.47% 10.16% 6/28/2002 The Htfd Equity Incm Large Value -0.10% -6.79% -3.58% 8.09% 8.37% 9.95% 8.31% N/A 8/28/2003 TRP Growth Stock Large Growth 1.28% -3.67% 5.16% 21.87% 14.11% 16.93% 11.29% N/A 4/11/ Page 2 of 7 (Page not valid without the others.) Wayne County 457 Plan -04/30/2018

3 ASSET ALLOCATION/BALANCED Inv Eq and Inc Allocation--50% to 70% Equity 1.03% -4.67% -1.10% 6.64% 6.65% 8.49% 7.34% N/A 8/3/1960 Janus Hdrsn Balanced 5 Allocation--50% to 70% Equity -0.21% -3.29% 0.35% 11.76% 6.91% 8.32% 7.66% N/A 9/1/1992 MM RetireSMART 2015 Target-Date % -2.82% -0.59% 5.93% 3.56% 4.73% N/A 6.17% 4/1/2010 MM RetireSMART 2020 Target-Date % -3.20% -0.47% 7.40% 4.31% 5.70% 5.13% 5.25% 12/31/2003 MM RetireSMART 2025 Target-Date % -3.74% -0.23% 9.03% 5.16% 6.57% N/A 7.57% 4/1/2010 MM RetireSMART 2030 Target-Date % -4.14% -0.15% 10.11% 5.63% 7.05% 5.41% 5.79% 12/31/2003 MM RetireSMART 2035 Target-Date % -4.45% -0.15% 10.84% 5.95% 7.40% N/A 8.15% 4/1/2010 MM RetireSMART 2040 Target-Date % -4.54% -0.08% 11.23% 6.07% 7.52% 5.44% 6.08% 12/31/2003 MM RetireSMART 2045 Target-Date % -4.63% -0.07% 11.42% 6.16% 7.86% N/A 8.65% 4/1/2010 MM RetireSMART 2050 Target-Date % -4.75% 0.10% 12.43% 6.53% 8.12% 5.90% 5.24% 12/17/2007 MM RetireSMART 2055 Target-Date % -4.83% 0.09% 12.36% 6.59% N/A N/A 7.47% 9/17/2013 MM RetSM In Retiremt Target-Date Retirement -0.18% -2.24% -0.79% 4.45% 2.78% 3.29% 4.27% 4.30% 12/31/2003 BOND Drey Bond Mrkt Index 6 Intermediate-Term Bond -0.78% -1.18% -2.32% -0.79% 0.58% 0.99% 3.05% N/A 4/28/1994 EatonVance IncFndBos 6 High Yield Bond 0.45% -0.91% -0.45% 2.20% 3.99% 4.15% 6.71% N/A 6/15/1972 Loomis Sayles Bd Multisector Bond -0.40% -1.27% -0.27% 2.88% 2.34% 2.51% 5.37% N/A 5/16/1991 Sel West Strat Bond Intermediate-Term Bond -1.07% -1.65% -2.50% 0.04% 2.22% 2.49% 4.59% 4.35% 12/31/ Page 3 of 7 (Page not valid without the others.) Wayne County 457 Plan -04/30/2018

4 GENERAL (DECLARED RATE) ACCOUNT 2nd Q 18: 3.00% 1st Q 18: 3.00% The Declared Rate set forth above is credited through the close of the calendar year on contributions received during the designated calendar quarter. For contributions received prior to January 1, 2018, the Declared Rate is 3.00%. Rates quoted are effective annual yields. Period Ending April 30, 2018 Total Return Avg Annual Total Return BENCHMARK INDICES Month 3 Mo. YTD 1 Yr. 3 Yr. 5 Yr. 10 Yr. S&P 500 Index % -5.77% -0.38% 13.27% 10.57% 12.96% 9.02% BarCap Gov/Corp Indx % -1.28% -2.42% -0.30% 1.12% 1.41% 3.62% NASDAQ % -4.66% 2.36% 16.84% 12.66% 16.25% 11.34% Market indices have been provided for comparison purposes only. We believe that the indices are representative of the investment objectives of the investment options in your plan. These indices are unmanaged and are not available for direct investment. 1 S&P is an index which measures broad-based changes in stock market conditions based on the average performance of 500 widely held common stocks. 2 The Barclay's Capital Government/Corporate Bond Index, an unmanaged list of U.S. Treasury/Agency and investment grade corporate debt securities, is used as a general measure of performance of fixed income securities. 3 NASDAQ is a computerized system that provides brokers and dealers with price quotations for securities traded over the counter as well as for many NYSE listed securities Page 4 of 7 (Page not valid without the others.) Wayne County 457 Plan -04/30/2018

5 Investment Option Menu Disclosure Chart Period Ending April 30, 2018 Expenses (%) Underlying Fees/Payments We Receive Total Annual Program and Total Fund Share from the Funds * Underlying Fund Administrative Class Operating Expenses Expenses INVESTMENT CHOICES Gross Net(A) (B) (A + B) SPECIALTY Franklin Utilities A 0.15%+.10% + $12/participant 0.73% 0.73% 0.00% 0.73% Htfd HC HLS IA 0.25% 0.89% 0.89% 0.00% 0.89% Oppen Real Estate A 0.55% 1.43% 1.33% 0.00% 1.33% INTERNATIONAL/GLOBAL AF EuroPacific Grth R3 0.65% 1.14% 1.14% 0.00% 1.14% Drey Intl Stk Indx I 0.35% 0.61% 0.60% 0.00% 0.60% Oppen Global A 0.55% 1.15% 1.15% 0.00% 1.15% Oppenheimer Intl Gr A 0.55% 1.10% 1.10% 0.00% 1.10% WF Emerg Mkt Equity A 0.55% 1.56% 1.56% 0.00% 1.56% SMALL CAP Columbia SmCapVal II A 0.50% 1.40% 1.27% 0.00% 1.27% Drey SC Stock Index 0.35% 0.51% 0.50% 0.00% 0.50% Goldman SachsSmCap A 0.55% 1.36% 1.34% 0.00% 1.34% Prud Jenn Sm Company A 0.55% 1.15% 1.15% 0.00% 1.15% MID CAP ClearBridge Mid Cap A 0.55% 1.18% 1.18% 0.00% 1.18% Drey Midcap Index 0.30% 0.51% 0.50% 0.00% 0.50% Htfd MidCap HLS IA 0.25% 0.70% 0.70% 0.00% 0.70% Mrg Stnly Inst Insgh I 0.10% 2.93% 1.05% 0.00% 1.05% Victory Syc Est Val A 0.55% 0.95% 0.90% 0.00% 0.90% Page 5 of 7 (Page not valid without the others) Wayne County 457 Plan -04/30/2018

6 Investment Option Menu Disclosure Chart Period Ending April 30, 2018 Expenses (%) Underlying Fees/Payments We Receive Total Annual Program and Total Fund Share from the Funds * Underlying Fund Administrative Class Operating Expenses Expenses INVESTMENT CHOICES Gross Net(A) (B) (A + B) LARGE CAP Alger Captl App Inst I 0.55% 1.14% 1.14% 0.00% 1.14% Dreyfus S&P 500 Ind 0.35% 0.51% 0.50% 0.00% 0.50% Invesco Gr and Inc A 0.55% 0.82% 0.82% 0.00% 0.82% MFS Value A 0.55% 0.84% 0.84% 0.00% 0.84% PIMCO StocksPlus AR A 0.40% 1.08% 1.04% 0.00% 1.04% The Htfd Equity Incm R4 0.65% 1.07% 1.07% 0.00% 1.07% TRP Growth Stock I 0.15% 0.68% 0.68% 0.00% 0.68% ASSET ALLOCATION/BALANCED Inv Eq and Inc A 0.55% 0.81% 0.80% 0.00% 0.80% Janus Hdrsn Balanced T 0.25% 0.83% 0.83% 0.00% 0.83% MM RetireSMART 2015 R4 0.50% 1.19% 1.00% 0.00% 1.00% MM RetireSMART 2020 R4 0.50% 1.00% 0.98% 0.00% 0.98% MM RetireSMART 2025 R4 0.50% 1.06% 0.97% 0.00% 0.97% MM RetireSMART 2030 R4 0.50% 1.01% 1.00% 0.00% 1.00% MM RetireSMART 2035 R4 0.50% 1.09% 1.01% 0.00% 1.01% MM RetireSMART 2040 R4 0.50% 1.05% 1.01% 0.00% 1.01% MM RetireSMART 2045 R4 0.50% 1.18% 0.99% 0.00% 0.99% MM RetireSMART 2050 R4 0.50% 1.13% 1.00% 0.00% 1.00% MM RetireSMART 2055 R4 0.50% 1.65% 0.99% 0.00% 0.99% MM RetSM In Retiremt R4 0.50% 1.21% 1.00% 0.00% 1.00% BOND Drey Bond Mrkt Index INV 0.30% 0.41% 0.40% 0.00% 0.40% Page 6 of 7 (Page not valid without the others) Wayne County 457 Plan -04/30/2018

7 Investment Option Menu Disclosure Chart Period Ending April 30, 2018 Expenses (%) Underlying Fees/Payments We Receive Total Annual Program and Total Fund Share from the Funds * Underlying Fund Administrative Class Operating Expenses Expenses INVESTMENT CHOICES Gross Net(A) (B) (A + B) BOND EatonVance IncFndBos A 0.55% 1.00% 1.00% 0.00% 1.00% Loomis Sayles Bd Retail 0.35% 0.91% 0.91% 0.00% 0.91% Sel West Strat Bond I 0.00% 0.50% 0.48% 0.00% 0.48% You should carefully consider the investment objectives, risks, charges and expenses of the group variable funding agreements and their underlying funds before investing. This and other information can be found in the prospectus or disclosure documents, where applicable. To obtain the applicable disclosure documents or the underlying fund prospectuses call Read them carefully before you invest or send money. This table shows only the asset-based fees, charges and expenses deducted daily and associated with the investment choices of the group variable funding agreement. Please refer to the product prospectus or disclosure documents, as applicable, for information on other fees and charges that may apply to your plan's contract such as a contingent deferred sales charge, annual maintenance fee, and other fees or charges, if applicable. These are the Total Annual Fund Operating Expenses for each underlying fund as of its most recent prospectus. Total Annual Fund Operating Expenses are the expenses that are deducted from fund assets, including management fees, Rule 12b-1 distribution and/or service fees, and other expenses. Actual fees and expenses for the underlying funds vary daily. As a result, the fees and expenses for any given day may be greater or less than the Total Annual Fund Operating Expenses listed above in the table. The column under "Gross" lists each underlying fund's Total Annual Fund Operating Expenses before any fee waivers or reimbursements. The column under "Net" represents each underlying fund's Total Annual Fund Operating Expenses after any fee waivers or reimbursements. More detail concerning each underlying fund's fees and expenses is contained in the prospectus for each fund. This reflects the Program and Administrative Expense deducted from the assets of the Separate Account. For some Contracts, the Program and Administrative Expense is deducted from Separate Account assets on a daily basis at the annual rate shown above. For other Contracts, the Program and Administrative Expense is deducted on a quarterly basis at the annual rate shown above. If the Program and Administrative Expense under a Contract is insufficient to cover actual costs incurred by us, we will bear the loss. If the Program and Administrative Expense exceeds these costs, we will keep the excess as profit. We may use these profits, as well as fees and payments received from the fund families, for any proper corporate purpose, including, among other things, payment of sales expenses, including our expenses of paying compensation to broker-dealers, financial institutions and other persons for selling the Contracts. We expect to make a profit from the Program and Administrative Expense. We receive these fees and payments with respect to the Funds that are offered as variable investment options to your plan through your Contract (sometimes referred to generally as "revenue sharing" payments). We consider these fees and payments, among a number of other factors, when deciding to include a Fund in the Investment Option Menus. Virtually all of the Funds on the Investment Option Menus make these payments to us and/or our affiliates. For more information about these fees and payments please refer to our Disclosure Statement - Reasonable Contract or Arrangement under ERISA Section 408(b)(2). Copyright 2018 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 Page 7 of 7 (Page not valid without the others) Wayne County 457 Plan -04/30/2018