408(b)(2) David Brock Plan Trustee THE TRUSTEES OF BEVEN & BROCK 401(K) PLAN 99 SOUTH LAKE AVE. SUITE 100 PASADENA, California, 91101

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1 John Hancock Retirement Plan Services P.O. Box 600, Buffalo, NY (b)(2) David Brock Plan Trustee THE TRUSTEES OF BEVEN & BROCK 401(K) PLAN 99 SOUTH LAKE AVE. SUITE 100 PASADENA, California, Jun/23/2012 Dear David Brock Information about your Contract as required by the disclosure requirements under ERISA 408(b)(2) John Hancock Life Insurance Company (USA) ( John Hancock ) is pleased to supply you with information about your Contract as required by the new disclosure requirements under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974 (ERISA). This requirement was introduced by the Department Of Labor to help plan fiduciaries better understand the services and fees provided to their plan by their service providers. The attached report is intended for delivery to your Plan's Responsible Plan Fiduciary, which is defined in the regulation as the fiduciary who has the authority to cause your Plan to enter into the Group Annuity Contract with John Hancock. Please note that if you are not the Plan's Responsible Plan Fiduciary, we ask that you kindly forward this information to the individual who serves in that capacity. The report supplements the information contained in your Contract documents, and does not provide for any new fees or services under your Contract with John Hancock. For full details on the services, fees and compensation received by John Hancock in connection with your Plan's investment in the Contract, see the Contract documentation that had been previously provided to you as well as our Plan Sponsor website. Certain information is updated monthly and continuously available to registered users on the Plan Sponsor website on the Regulatory Disclosures page in the 408(b)(2) section ( Updates to 408(b)(2) Disclosure Information ). It is your obligation to periodically access the website and review the updated information at least monthly. In addition, you have a right to request a paper copy of the updated information shown on the website to be provided to you by calling your John Hancock representative. Other changes will be disclosed to you within the time period required by the regulation. In addition, investment information that you are required to provide to your eligible employees and beneficiaries with the right to direct investments of their accounts is contained in a separate document ( Investment Comparative Chart ). This document is continuously available on the same Regulatory Disclosure page under the 404a-5 section. The attached report only provides the required information as it relates to John Hancock. Thus, if your plan has retained other service providers who are also subject to this new disclosure requirement, you may want to ensure that you have received the required disclosures from these other service providers. In addition, if you have authorized fee Continued..

2 payments to be made to these other service providers under your Contract, it is your responsibility to ensure that the ongoing fee payments to be made by John Hancock to such parties do not give rise to prohibited transactions. If you become aware that any such payments should cease, you should notify us promptly in writing. If you do not do so, the fee payments will continue to be made, and John Hancock cannot be held responsible to the plan for them. If you have any questions regarding the information provided in the attached report, contact your John Hancock Client Account Representative toll-free at Sincerely, Hilary Quosai Vice President, Client Services John Hancock Retirement Plan Services

3 Contract #: As of Jun/25/2012 ERISA 408(b)(2) Supplemental Disclosure THE TRUSTEES OF BEVEN & BROCK 401(K) PLAN Section 1: John Hancock Recordkeeping Services Available Under Contract Our recordkeeping platform provides your plan with a broad range of services, as described below. John Hancock is not a fiduciary with respect to these services N1 except as described in the Important Information section of this document. 1. SERVICES TO SUPPORT PLAN DESIGN A well designed plan reflects the unique needs of your organization. Your Plan Consultant (TPA) works with you to ensure those needs are met, and the services listed here are provided to assist you. Speak with your TPA to ensure your plan document permits these services. Automatic enrollment and contribution increase services Qualified Default Investment Alternatives Vesting and Eligibility Calculation services Roth money type processing Hardship withdrawal processing 2. RETIREMENT READINESS The following services are provided to help participants realize their retirement goal. Enrollment material and support (Bilingual) Distribution education and rollover services Client Services Representatives (Bilingual) Toll-free interactive voice response system (Bilingual) Online enrollment and deferral management Retirement goal setting Post-enrollment participant education services Investment education materials (Bilingual) Quarterly participant statements Participant Website features, such as account information, ability to perform transactions (loans, withdrawals, inter-account transfers), goal tracking, investment and allocation options Plan highlights information 3. INVESTMENT SELECTION AND MONITORING The following services assist you and your advisor in selecting and monitoring investment choices for your plan. A broad range of investment options, including asset allocation portfolios Ongoing investment platform selection and Fiduciary Standards WarrantyN2 Educational resources monitoring Investment Policy Statement resources 4. MANAGING ADMINISTRATION WITH DEDICATED SERVICE John Hancock provides a dedicated service representative and a recordkeeping system that simplifies plan administration. Dedicated Client Account Representative Financial transaction management Integrated service approach with your TPA Toll-free phone and fax services Plan Sponsor Website features, such as contract Electronic services, such as ACH set-up, payroll details, plan information, plan highlights, employee census information, account balances, daily unit values, investment options, allocations, financial transactions, Message Center and Employer Statements integration, online loan and withdrawal options and online participant address management service 5. ERISA AND FIDUCIARY RESPONSIBILITY We support your efforts in meeting your fiduciary responsibilities by providing the following. Fiduciary Handbook Schedule A report Audit Package and Schedule CN3 report Annual Contract ReviewN4 Legislative and Regulatory communications Fiduciary Toolkit with compliance checklists Quarterly Contract statements FundCheck, Fund Review and Scorecard Page 1 of 3 John Hancock Life Insurance Company (U.S.A.) is herein referred to as "John Hancock". FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE. N1

4 Contract #: As of Jun/25/2012 Section 2: Summary of Estimated Cost of Recordkeeping This Section provides a summary of compensation that John Hancock receives for Recordkeeping Services (described in Section 1) provided to your Plan. The revenue N5 we receive from all sources is part of an integrated pricing model. No individual source of revenue should be considered in isolation with respect to any single service. Contract effective date: May/12/2009 Contract assets (excluding PBA and cash account): $1,140, Number of participants: 41 Estimated Cost of Recordkeeping The estimated cost of recordkeeping for this Contract, as of the date of this Summary equals A + B (see below): The estimated cost of recordkeeping for this Contract, as of the date of this Summary equals + % (see below): The totals estimated in A and B of this Section may vary based on the actual amount of assets held within the Contract, as well as the amount of transfer and recurring contributions into the Contract, and the investment allocations under the Contract. Amounts shown are generally rounded to the nearest 100th of a percent. A Estimated charges for John Hancock Recordkeeping Services N6 deducted from participant accounts or billed to plan sponsor The following amounts are deducted or billed to pay for Recordkeeping N5 Services. Description Recordkeeping Charges Method of Payment Amount (%) Deducted from participant accounts 0.00 B Estimated Investment-related revenue to John Hancock for N15 Recordkeeping Services The following represents the average amounts received by John Hancock for recordkeeping services. These amounts are deducted from the Funds' unit values, derived from the underlying funds' expense ratios, and/or are paid by the underlying funds or their affiliates. Description Method of Payment Average underlying fund Recordkeeping Expenses Total John Hancock charges deducted or billed for N13 Recordkeeping Services Average Administrative Maintenance Charge (AMC) Deducted from Fund Unit Value 0.14 Recordkeeping Portion of the N9 Sales and Service Fee Deducted from Fund Unit Value 0.15 Paid by fund Total Investment-related revenue to John Hancock for Recordkeeping Services The total charges deducted from participant accounts or billed to plan sponsor for Recordkeeping Services do not include: N15 - Market Value Adjustments that apply to certain withdrawals from the Guaranteed Interest Accounts as described in your Contract N16 - Charges applicable on early termination of the contract as outlined in Section 3 N16 N17 N13 - Fees initiated by certain participant activities, as outlined in Section 4 Amount (%) Estimates shown reflect investment allocations under your Contract as of the date of this report with expense ratio information as of the prior month-end. The average is calculated based on the plan's investment allocations as of the date of this document. Investments in Guaranteed Interest Accounts do not support recordkeeping costs. N17 'Paid by fund' means paid by underlying fund or its affiliate. N14 - Float income N23 - Minimum Charge, if applicable - Details of the above adjustments and fees were previously provided to you in your Contract documents and on our websites Page 2 of 3 FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

5 Contract #: As of Jun/25/2012 Section 3: Discontinuance/Withdrawal Charges Based on our records, contract discontinuance and withdrawal charges do not apply. Section 4: Participant-initiated Charges Your Contract permits certain services to be elected by Plan participants, if your plan allows. If applicable, these charges are described in more detail in your Contract documents. Detailed Participant Statement Fee Loan Recordkeeping Fee G.I.F.L. Fee 1, per participant, per detailed statement 2 per loan per month 0.35 per annum of funds invested in G.I.F.L., monthly Page 3 of 3 FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

6 Processing of Loan Request: $75 Processing of Termination Withdrawal: $40 Processing of Other Withdrawals: $50

7 Contract #: As of Jun/25/2012 Appendix: Disclosure of Investment Information and John Hancock's Indirect Compensation The following chart provides investment disclosure as required under ERISA section 408(b)(2), for each Fund offered under your Contract and also the indirect compensation received by John Hancock in connection with your Plan's investment in the Funds. The underlying fund recordkeeping expense, the Administrative Maintenance Charge (AMC), and any applicable recordkeeping portion of the Sales and Service Fee (SSF), are used to calculate the weighted averages shown in Section 2B of this report. These amounts are used by John Hancock to offset the cost of the Recordkeeping services provided under your Contract. The following investment disclosure reflects, where applicable, the annual operating expenses and any ongoing expenses in addition to the annual operating expenses of any investment option where the return is not fixed, and the compensation charged directly against an investment that is not included in the annual operating expenses of such investment options, such as redemption fees. The Expense Ratio (shown below) represents the total annual operating expenses for the investment options made available by John Hancock under your Group Annuity Contract. It includes, but is not in addition to, the underlying fund's Expense Ratio (FER) (which in itself includes the underlying fund recordkeeping expense), AMC and SSF, all or certain portions of which are received or retained by John Hancock to offset the cost of the Recordkeeping Services described in Section 1 of this document. John Hancock's indirect compensation from the investment options includes the Underlying fund Recordkeeping Expense paid by the Underlying fund to John Hancock, and the AMC and Sales and Service Fee deducted from the Fund's unit value. The underlying fund Recordkeeping Expenses represent the sum of the 12b-1, STA, Shareholder Service and Other Fees, and any investment management fees received and retained by John Hancock to offset the cost of Recordkeeping Services. In general, these fees are paid to John Hancock pursuant to agreements or arrangements between John Hancock and the underlying fund and/or their affiliates, whereby John Hancock provides, on behalf of the underlying fund, communications, statements, and reporting materials to plans and participants about the underlying funds in which the John Hancock sub-accounts invest, facilitates purchases and redemptions of shares of the underlying funds held in the sub-accounts in accordance with instructions of the Plans investing in the subaccounts, and maintains records in relation thereto. John Hancock applies the fees received from the underlying funds and/or their affiliates towards the cost of the Recordkeeping Services provided under your Contract. John Hancock has entered into such agreement or arrangement with respect to each of the underlying funds described below. Underlying mutual fund redemption fees are imposed by certain underlying mutual fund companies in an effort to reduce short-term trading; these fees are N20 not retained by John Hancock, but are remitted to the applicable underlying mutual funds. Updates to information shown below are available on the Plan Sponsor website at If you haven't registered yourself as the Plan Trustee on the Plan Sponsor website, we encourage you to do so. Simply contact your John Hancock Client Account Representative. Summary of Investment Information and John Hancock's Indirect N15 Compensation Class of Funds: Class 8 Number of Funds Selected: 42 Information is current as of May/31/2012 Underlying fund Fund Fund Name Code Underlying fund AMC Sales and Service Fee (SSF) Expense Ratio [FER + AMC + SSF] Fund Expense Recordkeeping Ratio (FER) Expense ASSET ALLOCATION - LIFECYCLE LXJ Retirement Living at 2050 JHFII 2050 Portfolio LXI Retirement Living at 2045 JHFII 2045 Portfolio LXH Retirement Living at 2040 JHFII 2040 Portfolio LXG Retirement Living at 2035 JHFII 2035 Portfolio LXF Retirement Living at 2030 JHFII 2030 Portfolio LXE Retirement Living at 2025 JHFII 2025 Portfolio LXD Retirement Living at 2020 JHFII 2020 Portfolio LXC Retirement Living at 2015 JHFII 2015 Portfolio LXB Retirement Living at 2010 JHFII 2010 Portfolio ASSET ALLOCATION - LIFESTYLE ALS Lifestyle John Hancock Lifestyle Agg GLS Lifestyle John Hancock Lifestyle i FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

8 Contract #: As of Jun/25/2012 Information is current as of May/31/2012 Underlying fund AMC Sales and Service Fee (SSF) Expense Ratio [FER + AMC + SSF] Fund Expense Recordkeeping Ratio (FER) Expense Fund Fund Name Code Underlying fund BLS Lifestyle Balanced John Hancock Lifestyle Balanced MLS Lifestyle Moderate John Hancock Lifestyle Moderate CLS Lifestyle Conservative John Hancock Lifestyle Conserv GUARANTEED INCOME FEATURE GGL Lifestyle G.I.F.L. John Hancock Lifestyle GBL Lifestyle Balanced G.I.F.L. John Hancock Lifestyle Balanced GML Lifestyle Moderate G.I.F.L. John Hancock Lifestyle Moderate GCL Lifestyle Cons G.I.F.L. John Hancock Lifestyle Conserv AGGRESSIVE GROWTH DEM DFA Emerging Markets Value DFA Emerging Markets Value Fund SSG SSgA Mid Index Fund JHFII - Mid Cap Index Fund FSF Financial Services Fund JHVIT - Financial Services Trust SCO Inv Small Cap Invesco Small Cap Fund OIG Oppenheimer Intl Fund Oppenheimer International Fund EPG EuroPacific Fund JTT Pru Jennison 20/20 Focus Fund Prudential Jennison 20/20 Focus Fund HLS T. Rowe Price Health Sci T. Rowe Price Health Sciences EuroPacific Fund GROWTH SMF Small Company Value Fund John Hancock II Small Company Value SMV Small Cap Value Fund JHVIT - Small Cap Value Trust VLF Value Fund JHVIT - Value Trust MCI Mid Cap Index Fund JHVIT - Mid Cap Index Trust CGI Capital World & Income Capital World and Income Fund MID JPM MidCap Value Fund JP Morgan Mid Cap Value Fund AFI Fundamental Investors Fundamental Investors TSM Total Stock Market Index Fund JHVIT - Total Stock Market Index Trust CON Fidelity ContraFund Fidelity Contrafund Columbia Equity Value Fund A GROWTH & INCOME REV Columbia Equity Value ICA Investment Company of America The Investment Company of America IFA Income Fund of America The Income Fund of America ii FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

9 Contract #: As of Jun/25/2012 Information is current as of May/31/2012 Underlying fund Fund Fund Name Code Underlying fund AMC Sales and Service Fee (SSF) Expense Ratio [FER + AMC + SSF] Fund Expense Recordkeeping Ratio (FER) Expense INCOME CWB Capital World Bond Fund Capital World Bond Fund TRN PIMCO Total Return PIMCO Total Return GOV Short-Term Federal Vanguard Short-Term Federal JHVIT- Money Market Trust CONSERVATIVE MMR Money Market Fund Recordkeeping Expense N15 Weighted Average N15 Estimates shown reflect investment allocations under your Contract as of the date of this report with expense ratio information as of the prior month-end. iii FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

10 Contract #: As of Jun/25/2012 Important Information N1 Except as otherwise described in the Offering Memorandum and Declaration of Trust of the John Hancock Stable Value Fund, and below regarding separate accounts, none of the services provided under the contract are performed by John Hancock, its affiliates, or employees as a fiduciary (as that term is defined in the Employee Retirement Income Security Act) of the plan and its related trust. To the extent John Hancock maintains a separate account(s) in which the plan invests, John Hancock is a limited fiduciary for the exclusive purposes of holding plan assets in its separate account(s), voting proxies and acting only in accordance with directions from trustee(s), participants and beneficiaries, as provided in the contract documents. The Plan trustee(s) shall retain the authority and responsibility for reviewing the plan documents, ensuring compliance with ERISA (for example, for their instructions, as well as for the instructions of the participants and beneficiaries), and instructing John Hancock accordingly. John Hancock will not have any discretionary authority or responsibility for the management or control of the separate accounts. N2 The John Hancock Fiduciary Standards Warranty is offered solely by John Hancock, and no distributing firms share any liability with regard to it. The Warranty is available only to defined contribution plans as defined in section 3(34) of ERISA and is subject to certain terms, conditions, and limitations. You should read the Warranty Certificate carefully and make sure you understand it. You should also note that, since past performance is not a guarantee of future results, we cannot warrant or guarantee that any investment options we offer will yield any specific return, or even that it will yield a positive return. In addition, the Warranty covers the general prudence of the investment options for longterm investing (such as retirement investing); it does not guarantee that any particular investment option is suited to the needs of any individual plan participant and thus, does not cover any claims by any individual participant based on the needs of, or suitability for, such participant. N3 The Audit Package and Schedule C report are automatically produced for Contracts meeting minimum life count. N4 The Annual Contract Review is available for Contracts meeting the minimum asset requirement. N5 All compensation described in this section is integral to the total compensation received by John Hancock for all of the Recordkeeping Services it provides. These include the services described in Section 1 of this document. No individual source of revenue should be considered in isolation with respect to any single service. If applicable, Base Annualized, Participant and Market Value Equalizer charges are deducted from participant accounts on a pro rata basis unless specified otherwise in your Group Annuity Contract with John Hancock. These are included in the estimated Recordkeeping Charges referred to in Section 2A of this document, and do not include the intermediary charges that you have authorized to be paid to your plan service providers. Refer to your contract documents for details. Estimated underlying fund Recordkeeping Expenses, referred to in Section 2B are paid out of, or derived from, the Expense Ratio of the underlying fund (referred to as "FER" in the Appendix). Administrative Maintenance Charge (AMC) is deducted from the unit value of the Sub-accounts (also referred to as "Funds") made available by John Hancock. N6 Estimates shown reflect the charges set out in your Contract with John Hancock applicable as of the date this report was generated. Unless otherwise specified, charges for any plan year are determined in accordance with asset charge scales set out in your Contract. N9 Sales and Service Fee, also known as Sales Expense Recovery Charge, represents the cost of compensation agreed to between the plan trustee and a financial representative, and paid to the latter for services provided to the plan. The charge may also be used to pay for other plan expenses that are negotiated between the plan trustee and the plan's other service providers for services provided to the plan. To the extent that the charge can be used to offset the cost of recordkeeping services, it is incorporated as part of the estimated Recordkeeping Charges in Section 2A or Recordkeeping Portion of the Sales and Service Fee in Section 2B of this document. N14 In addition to the fees and charges described in Section 2, John Hancock will receive and retain earnings (i.e., "float income") on funds received, or credited to your Contract, before they are invested, allocated or applied in accordance with the Plan's instructions; or funds transferred from your Contract and held in John Hancock's general account before actual disbursements are made from the general account. See PS15345GE.pdf for more details. N15 Estimates shown reflect investment allocations under your Contract as of the date of this report with expense ratio information as of the prior month-end. N20 Important Redemption Fee Information: Some mutual fund companies apply redemption fees to qualified retirement plan accounts. Providers to retirement plans, including John Hancock, are therefore responsible for applying these policies, and collecting and remitting these redemption fees on behalf of the mutual fund companies in which their sub-accounts invest. These redemption fees are applied to certain fund transactions in an effort to reduce short-term trading. Any redemption fees collected will be deposited back into the mutual fund. Refer to for an updated listing of those sub-accounts with redemption fees. N23 A Minimum Charge may apply if the asset charges billed or deducted in the year are less than the minimum annual charge required under your contract. If applicable, this charge will increase the estimated charges to your Plan for John Hancock's Recordkeeping Services which, in turn, will increase your Plan's Estimated Cost of Recordkeeping. Please refer to your contract for details about this charge. iv FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

11 Contract #: As of Jun/25/2012 Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA (not licensed in New York). John Hancock Investment Management Services, LLC, a registered investment adviser, provides investment information relating to the contracts. NOT FDIC INSURED MAY LOSE VALUE NOT BANK GUARANTEED NOT INSURED BY ANY GOVERNMENT AGENCY 2012 All rights reserved. PS / GA v FOR USE WITH RESPONSIBLE PLAN FIDUCIARY. NOT FOR GENERAL PUBLIC USE.

12 How to read the Investment Comparative Chart This document aims to help you understand the terms and information found in the Investment Comparative Chart. The Investment Comparative Chart provides you with important investment information, including applicable fees, about the investment options available to you under your retirement plan s group annuity contract with John Hancock. The information is provided in an easy to read format, allowing you to make comparisons of your investment options against a relevant broad-based index. Note: The sample used is for illustrative purposes only and may not reflect all the investment options or all the applicable sections of the Investment Comparative Chart specific to your plan Variable Return Investments are investment options that have returns that vary according to the performance of each option s underlying investments. These underlying investments could be comprised of stocks, bonds and/or money market instruments. More information about each investment option, such as objectives and risks, can be obtained by going to the Fund s corresponding URL, which can be found under the Fund name The Average Annual Total Return represents annualized historical returns and can be used to evaluate and compare the historical performance of the investment options available under your plan. The annualized average return information is displayed annually for the relevant time periods, ending on the date of the most recently completed calendar year. The Benchmark Return represents the average annual total return of the broad-based market index that is applicable to an investment option. This information is displayed annually for the relevant time periods, ending on the date of the most recently completed calendar year. Equity Funds the underlying funds of these investment options invest in equities, more commonly known as stocks. Equity Funds are often categorized by market capitalization (e.g. small-cap, mid-cap, large-cap), investment style (e.g. growth, value, blend) and geographical concentration that may include a focus on international, global or country/region specific investments. Bond Funds the underlying funds of these investment options invest primarily in bonds and other debt instruments. The exact type of debt the underlying fund invests in will depend on its focus, but investments may include government, corporate, municipal and convertible bonds, along with other debt securities. Other Funds include investment options that are not exclusively categorized under the Equity or Bond Fund sections of the Investment Comparative Chart; they include investment options that span both types, such as balanced funds or asset allocation portfolios. This section also includes investment options that belong to specific categories, such as sector and index funds.

13 Fixed Return Investments are investment options that provide a fixed or stated rate of return for a stated duration. Guaranteed interest account (GIA) is a type of fixed return investment that accumulates interest for the duration of the specified term. Term refers to the number of years until the GIA matures. J The Risk Categories column provides information about the general level of risk that may be associated with each investment option. J K L K The Total Annual Operating Expenses, also commonly referred to as the Fund s Expense Ratio is a measure of what it costs to operate an investment option. It includes such expenses as John Hancock s administrative maintenance charge (AMC), sales and service fee, and the expenses of the underlying mutual fund. The operating expenses of each investment option are expressed as a percentage of its assets and as a dollar amount per every $1000 invested. Total fees payable depend on the dollar amount you have invested in each Fund and are reflected through a reduction in the Fund s rate of return. L The Shareholder-type Fees column lists any additional fees that may be charged directly your investment and which are not already included the Total Annual Operating Expenses of the investment option (e.g. redemption fees). This document is provided by John Hancock for informational purposes only. It is not intended to be, nor should it be construed as or be relied upon as tax, legal, financial or investment advice. Neither John Hancock nor any of its affiliates, representatives, employees, or agents provides tax, financial, investment or legal advice. Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock name. Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY Product features and availability may differ by state. John Hancock Investment Management Services, LLC, a registered investment adviser, provides investment information relating to the contracts NOT FDIC INSURED MAY LOSE VALUE NOT BANK GUARANTEED NOT INSURED BY ANY GOVERNMENT AGENCY 2012 All Rights Reserved. P19758-GE 06/ GA

14 Investment Comparative Chart THE TRUSTEES OF BEVEN & BROCK 401(K) PLAN This document includes important information to help you compare the investment options available under your retirement plan. If you would like to receive additional investment-related information on any of the investment options listed below, including more current performance information, go to the Fund's corresponding website address (shown below) or to To obtain more information, or to receive a paper copy of the information available on the websites at no cost, contact David Brock at (626) and 99 SOUTH LAKE AVE., SUITE 100, PASADENA, CA, DOCUMENT SUMMARY This document is divided into three parts. Part I consists of performance information for your retirement plan investment options and illustrates how the investments have performed in the past. Part II outlines the fees and expenses applicable to each investment option. Part III contains information about the Guaranteed Lifetime Income Options available under your retirement plan. PART I Performance Information The table below focuses on the performance of investment options that do not have a fixed or stated rate of return. The table shows how these options have performed over time and allows you to compare them with an appropriate benchmark for the same time periods. Past performance does not guarantee how the investment option will perform in the future. Your investment in these options could lose money. Information about each option's principal risks is available by accessing the website address associated with each Fund, as listed below. The performance data presented represents past performance and current performance may be lower or higher than the performance quoted. An investment in a subaccount will fluctuate in value to reflect the value of the sub-account's underlying securities and, when redeemed, may be worth more or less than original cost. For month-end performance, participants please call or visit The Average Annual Total Returns of the investment options available under your qualified plan represent the returns earned for the stated periods and are calculated after accounting for the Total Annual Operating Expenses, as shown in Part II of this document. Performance does not reflect any applicable contract-level or certain participant-level charges, fees for guaranteed benefits if elected by participant, or any redemption fees imposed by an underlying mutual fund company. These charges, if included, would otherwise reduce the total return for a participant's account. Benchmark returns are shown for comparative purposes only. Benchmark returns represent the performance of market indices, which cannot be invested in directly. These returns are calculated without taking into account any investment fees and/or expenses. Hypothetical returns are shown in bold. VARIABLE RETURN INVESTMENTS * Name/Type of Option Risk Category Average Annual Total Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Benchmark Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception EQUITY FUNDS Columbia Equity Value Fund 7,86,98,100 Large Cap Value & Income % 2.25% 5.66% Russell 1000 Value TR Fundamental Investors 13,31,37,61,65 Large Cap Blend % 4.39% 10.92% S&P 500 TR The Investment Company of America 38,40,61,65 Large Cap Blend Prudential Jennison 20/20 Focus Fund 3,8 Large Cap & Income N/A % 2.37% 10.41% S&P 500 TR % 4.87% 5.38% S&P 500 TR Investment Options as of Jul/16/2012 Page 1 of 13

15 VARIABLE RETURN INVESTMENTS * Name/Type of Option Risk Category Average Annual Total Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Benchmark Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Fidelity Contra Fund Large Cap Value Fund 13,22,77,91,106 Mid Cap Value JP Morgan Mid Cap Value Fund 12,32,71 Mid Cap Value % 5.67% 11.41% S&P 500 TR % 5.67% 6.07% Russell MidCap Value TR % 7.50% 10.67% Russell MidCap Value TR SSgA Mid Cap Index Fund 4,13,54 Mid Cap N/A N/A 4.70% MSCI US Mid Cap Index Small Cap Value Fund 13,22,23,53,91 Small Cap Value Small Company Value Fund 13,73 Small Cap Blend % 8.63% 11.80% Russell 2000 Value TR % 7.16% 5.36% Russell 2000 Value TR Invesco Small Cap Fund 17,18,44,57,67 Small Cap DFA Emerging Markets Value Fund International/Global Value EuroPacific Fund 38,40,41,47,61,65,85 International/Global Blend % 3.46% 8.26% Russell 2000 TR N/A % 16.26% 12.95% MSCI Emerging Markets N/A % 5.43% 10.01% MSCI All Country World Index ex U.S. Capital World and Income Fund 13,37,61,65 International/Global Blend % 6.51% 9.27% MSCI World TR Oppenheimer International Fund 3 International/Global % N/A 3.87% MSCI EAFE TR BOND FUNDS Short-Term Federal Fund 15,83 High Quality Short Term Fixed Income Money Market Fund 13,22,82,83,91,101 High Quality Short Term Fixed Income Income % 2.71% 4.53% BarCap 1-5 Yr Government Conservative % 0.77% 3.10% Citigroup U.S. Domestic 3 Mo TBill TR Money Market Fund current 7-day yield is The current yield quotation more closely reflects the current earnings of the Money Market Fund as of the date this report was prepared while the Annualized returns above refer to a specific past holding period reflecting the period covered by this report. Although the fund strives to maintain a positive yield, there is no guarantee the fund will be able to do so. An investment in the underlying Money Market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying fund seeks to preserve a value of 1.00 per share but it is possible to lose money by investing in the Money Market Fund that invests in the underlying fund. Investment Options as of Jul/16/2012 Page 2 of 13

16 VARIABLE RETURN INVESTMENTS * Name/Type of Option Risk Category Average Annual Total Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Benchmark Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception PIMCO Total Return Fund 41,62 High Quality Intermediate Term Fixed Income Capital World Bond Fund 13,37,61,65 Global Bond Income % 5.47% 6.93% BarCap U.S. Aggregate Bond TR N/A Income % 6.80% 6.17% Barcap Global Aggregate OTHER FUNDS The Income Fund of America 13,37,61,65 Balanced & Income % 5.10% 10.12% S&P 500 (60 S&P 500/40 BarCap Agg Bond) Mid Cap Index Fund 13,22,48,57,76,82,91,101 Index Total Stock Market Index Fund 13,22,29,76,91,101 Index % 5.67% 5.47% S&P MidCap 400 TR % 2.65% 0.66% DJ Wilshire 5000 TR Financial Services Fund 12,13,14,15,22,91 Sector T. Rowe Price Health Sciences Fund 12,14,57 Sector Retirement Living at ,97 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46, % 1.18% 0.38% S&P 500 Financial % 6.31% 10.48% Lipper Health/Biotechnology Index N/A N/A N/A N/A % S&P 500 TR % N/A -0.37% S&P 500 TR % N/A -0.35% S&P 500 TR % N/A -0.34% S&P 500 TR % N/A -0.38% S&P 500 (90 S&P 500/10 BarCap Agg Bond) % N/A -0.01% S&P 500 (90 S&P 500/10 BarCap Agg Bond) % N/A 0.65% S&P 500 (80 S&P 500/20 BarCap Agg Bond) Investment Options as of Jul/16/2012 Page 3 of 13

17 VARIABLE RETURN INVESTMENTS * Name/Type of Option Risk Category Average Annual Total Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Benchmark Return as of 12/31/ yr. 5 yr. 10 yr. Since Inception Retirement Living at ,46,101 Retirement Living at ,46,57,101 Lifestyle Fund - Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Balanced Portfolio 9,13,68,101 - Lifestyle Lifestyle Fund - Moderate Portfolio 13,31,68,101 - Lifestyle Lifestyle Fund - Conservative Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Lifestyle Fund - Balanced Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Lifestyle Fund - Moderate Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Lifestyle Fund - Conservative Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature - Lifestyle - Lifestyle - Lifestyle - Lifestyle - Lifestyle Guaranteed Income Feature Guaranteed Income Feature Guaranteed Income Feature Guaranteed Income Feature % N/A 1.16% S&P 500 (70 S&P 500/30 BarCap Agg Bond) % N/A 1.72% S&P 500 (60 S&P 500/40 BarCap Agg Bond) % 3.04% 1.85% S&P 500 TR % 3.59% 3.04% S&P 500 (80 S&P 500/20 BarCap Agg Bond) % 4.25% 3.94% S&P 500 (60 S&P 500/40 BarCap Agg Bond) % 4.49% 4.53% BarCap Agg Bond (40 S&P 500/60 BarCap Agg Bond) % 4.67% 4.96% BarCap Agg Bond (20 S&P 500/80 BarCap Agg Bond) % 3.59% 3.04% S&P 500 (80 S&P 500/20 BarCap Agg Bond) % 4.25% 3.94% S&P 500 (60 S&P 500/40 BarCap Agg Bond) % 4.49% 4.53% BarCap Agg Bond (40 S&P 500/60 BarCap Agg Bond) % 4.67% 4.96% BarCap Agg Bond (20 S&P 500/80 BarCap Agg Bond) Investment Options as of Jul/16/2012 Page 4 of 13

18 PART II Fee and Expense Information This section shows fee and expense information for the investment options listed above. Below you will find the Total Annual Operating Expenses and Shareholder-type Fees (if applicable) as they relate to each investment option. Total Annual Operating Expenses are expenses that reduce the rate of return of the investment option. It is important to understand that the investment rate of return, as set out in the Performance Information section, is calculated net of the Total Annual Operating Expenses of the investment option. However, such returns do not take into account any applicable Shareholder-type fees, which are in addition to the Total Annual Operating Expenses of the investment option. The cumulative effect of fees and expenses can substantially reduce the growth of your retirement savings. Visit the Department of Labor's website for an example showing the long-term effect of fees and expenses at Fees and expenses are only one of many factors to consider when you decide to invest in an option. You may also want to think about whether an investment in a particular option, along with your other investments, will help you achieve your financial goals. FEES AND EXPENSES Name/Type of Option Risk Category Total Annual Operating Expenses as of 06/30/2012 As a Per 1000 Shareholder-Type Fees EQUITY FUNDS Columbia Equity Value Fund 7,86,98,100 Large Cap Value & Income N/A Fundamental Investors 13,31,37,61,65 Large Cap Blend N/A The Investment Company of America 38,40,61,65 Large Cap Blend & Income N/A Prudential Jennison 20/20 Focus Fund 3,8 Large Cap N/A Fidelity Contra Fund Large Cap N/A Value Fund 13,22,77,91,106 Mid Cap Value N/A JP Morgan Mid Cap Value Fund 12,32,71 Mid Cap Value N/A SSgA Mid Cap Index Fund 4,13,54 Mid Cap N/A Small Cap Value Fund 13,22,23,53,91 Small Cap Value N/A Small Company Value Fund 13,73 Small Cap Blend N/A Invesco Small Cap Fund 17,18,44,57,67 Small Cap N/A Investment Options as of Jul/16/2012 Page 5 of 13

19 FEES AND EXPENSES Name/Type of Option Risk Category Total Annual Operating Expenses as of 06/30/2012 As a Per 1000 Shareholder-Type Fees DFA Emerging Markets Value Fund International/Global Value N/A EuroPacific Fund 38,40,41,47,61,65,85 International/Global Blend N/A Capital World and Income Fund 13,37,61,65 International/Global Blend N/A Oppenheimer International Fund 3 International/Global BOND FUNDS N/A Short-Term Federal Fund 15,83 High Quality Short Term Fixed Income Income N/A Money Market Fund 13,22,82,83,91,101 High Quality Short Term Fixed Income Conservative N/A Money Market Fund current 7-day yield is The current yield quotation more closely reflects the current earnings of the Money Market Fund as of the date this report was prepared while the Annualized returns above refer to a specific past holding period reflecting the period covered by this report. Although the fund strives to maintain a positive yield, there is no guarantee the fund will be able to do so. An investment in the underlying Money Market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying fund seeks to preserve a value of 1.00 per share but it is possible to lose money by investing in the Money Market Fund that invests in the underlying fund. PIMCO Total Return Fund 41,62 High Quality Intermediate Term Fixed Income Income N/A Capital World Bond Fund 13,37,61,65 Global Bond Income N/A OTHER FUNDS The Income Fund of America 13,37,61,65 Balanced & Income N/A Mid Cap Index Fund 13,22,48,57,76,82,91,101 Index N/A Total Stock Market Index Fund 13,22,29,76,91,101 Index N/A Financial Services Fund 12,13,14,15,22,91 Sector N/A T. Rowe Price Health Sciences Fund 12,14,57 Sector N/A Investment Options as of Jul/16/2012 Page 6 of 13

20 FEES AND EXPENSES Name/Type of Option Risk Category Total Annual Operating Expenses as of 06/30/2012 As a Per 1000 Shareholder-Type Fees Retirement Living at ,97 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,101 Retirement Living at ,46,57,101 Lifestyle Fund - Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Balanced Portfolio 9,13,68,101 - Lifestyle Lifestyle Fund - Moderate Portfolio 13,31,68,101 - Lifestyle Lifestyle Fund - Conservative Portfolio 13,68,101 - Lifestyle Lifestyle Fund - Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature - Lifestyle - Lifestyle - Lifestyle - Lifestyle - Lifestyle Guaranteed Income Feature N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Investment Options as of Jul/16/2012 Page 7 of 13

21 FEES AND EXPENSES Name/Type of Option Risk Category Total Annual Operating Expenses as of 06/30/2012 As a Per 1000 Shareholder-Type Fees Lifestyle Fund - Balanced Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Lifestyle Fund - Moderate Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Lifestyle Fund - Conservative Portfolio - G.I.F.L. 13,68,101 Guaranteed Income Feature Guaranteed Income Feature Guaranteed Income Feature Guaranteed Income Feature N/A N/A N/A PART III Guaranteed Lifetime Income Options This section focuses on the Guaranteed Lifetime Income Option available under your retirement plan. This option offers a guaranteed withdrawal benefit that allows you to withdraw a guaranteed annual amount at regular intervals, usually beginning when you retire and continuing for your entire life, or over the lives of you and your spouse. Guarantees of the option are subject to John Hancock's long-term financial strength and claims-paying abilities. Guaranteed Lifetime Income Options Name Objectives/Goals Benefits/Features Restrictions/Fees Guaranteed Income for Life provides a guaranteed withdrawal benefit. Investment options with this feature are listed above. Applicable funds end with G.I.F.L. To learn more about this option, go to: GE_GIFL.pdf Allows you to withdraw a guaranteed annual amount for life based on the amount of your Benefit Base, and the form of option you select (e.g. single life option, or spousal option). For example a participant who retires at age 65 with a Benefit Base of 100,000 and who elects the single life option, will have an annual Lifetime Income Amount + (LIA) of 5000 (5 of the Benefit Base), that they may withdraw each year over their lifetime. You retain control over your account balance, which stays invested in the market, until the market value of your account is reduced to zero. If the account balance is reduced to zero, the LIA will be paid by the insurance company. If you die before the account is reduced to zero, the remaining account balance is paid to your designated beneficiary. A spousal option is also available, which allows the withdrawal benefits to extend to cover the life of both you and your spouse, at a reduced LIA. Plan participants must be at least age 59 1/2 and have contributions in the specified asset allocation portfolios with the Guaranteed Income for Life option elected for at least five (5) years before they are allowed to establish a Lifetime Income Amount and become eligible to begin making guaranteed withdrawals. You can transfer money into or out of this investment option, take loans or hardship withdrawals, and otherwise have control over your investment the same as you would for other investment options available under the plan. Withdrawals in excess of the guaranteed lifetime income amount will reduce future guaranteed minimum withdrawal benefits proportionately. Once withdrawals of the guaranteed amount have commenced, any withdrawals taken in excess of the LIA will reduce the Benefit Base and hence the future guaranteed withdrawal amount. The guarantees provided are contingent on the plan's trustee's election to continue maintaining its group annuity contract with John Hancock or the election of a participant to rollover his or her benefits to a recipient rollover vehicle available from John Hancock upon termination of participation in the plan. Participants invested in this option pay a fee of 0.35 percent in addition to the fees for the underlying investments as described more fully in the Variable Return Investments table, in Part II. A spousal option is available. The LIA based on this option will be lower than the LIA based on the participant's life only. There is a maximum Benefit Base restriction applied to this option. If, for any reason, your company's contract with John Hancock is terminated, you may either be Investment Options as of Jul/16/2012 Page 8 of 13

22 Guaranteed Lifetime Income Options Name Objectives/Goals Benefits/Features Restrictions/Fees eligible to receive a refund of the option fees paid up to three years or rollover to an eligible John Hancock IRA. If your company terminates the Guaranteed Income for Life option, you are entitled to the market value of your investments in the option. The Benefit Base and LIA will be reduced to zero as of the termination date, unless you are eligible to receive distributions under your plan, in which case you may roll over the market value of your investments (and, if applicable, the Vested Benefit Base and LIA) to an available eligible John Hancock vehicle. If you choose to cancel the Guaranteed Income for Life option, you are entitled to the market value of your investments in this feature. The Benefit Base and LIA will be reduced to zero as of the termination date. Should you change your job and leave Guaranteed Income for Life, and you are eligible to receive distributions, you may roll over the market value of your account (and, if applicable, the Vested Benefit Base and LIA) to an eligible John Hancock investment vehicle and maintain your guarantee. Please visit for a glossary of investment terms relevant to the investment options under this plan. Investment Options as of Jul/16/2012 Page 9 of 13

23 IMPORTANT NOTES * Your company's qualified retirement plan offers participants the opportunity to contribute to investment options available under a group annuity contract with John Hancock Life Insurance Company (U.S.A.) (John Hancock USA). These investment options may be sub-accounts (pooled funds) investing directly in underlying mutual funds, or they may be Guaranteed Interest Accounts. The placement of investment options within style boxes and according to potential risk/ return shows John Hancock USA's assessment of those options relative to one another and should not be used to compare these investment options with other investment options available outside John Hancock USA. Index Performance: Index performance shown is for a broad-based securities market index. Indices are unmanaged and cannot be invested in directly. Index returns were prepared using Morningstar, Inc. software and data. The performance of an Index does not include any portfolio or insurance-related charges. If these charges were reflected, performance would be lower. Past performance is not a guarantee of future results. Benefit Base is the sum of all contributions and transfers to the option, reduced by withdrawals, transfers and loans before retirement. It is completely independent of the actual market value of your investments in this option; it has no cash value and cannot be withdrawn. Market value is the amount your investments are worth if cashed out at a particular point in time and it changes as the market goes up and down. + Lifetime Income Amount (LIA) is the amount that you can withdraw every year in retirement regardless of market conditions -- guaranteed. It is available to you when you are eligible to retire and have set the LIA. 3 This sub-account was introduced November 7, This sub-account was introduced May 7, This sub-account was introduced May 2, The underlying fund changed its name effective on or about May 10, Performance shown for periods prior to that date reflect the results under its former name. The name of this sub-account changed effective on or about May 10, 2010 to more accurately reflect the name of the underlying fund. 22 The underlying fund changed its name effective on or about May 9, Performance shown for periods prior to that date reflect the results under its former name. 23 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about October 29, Consult your John Hancock representative for more information. 29 This sub-account was introduced August 21, Account balance reported may include assets transferred from another Fund, which was permanently closed on or about April 27, Contact your John Hancock representative for more information. 32 This sub-account previously invested in a different underlying portfolio. It began investing in the current underlying portfolio effective June 1, Performance shown for periods prior to that date is based on the performance of the current underlying portfolio. The name of this sub-account changed effective on or about June 1, 2009 to more accurately reflect the name of the underlying fund. 37 This sub-account was introduced July 25, This sub-account was introduced May 2, This sub-account previously invested in a different share class of the same underlying portfolio. It began investing in the current share class effective on or about July 28, Performance shown for periods prior to that date is based on the performance of the current share class. 41 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about October 27, Contact your John Hancock representative for more information. 44 The underlying fund's manager or subadviser changed its name from AIM Investments, Inc. to Invesco AIM Capital Management on or about November 10, Contact your John Hancock representative for more information. 46 The name of this sub-account changed effective on or about August 2, Account balance reported may include assets transferred from another Fund, which was permanently closed on or about April 30, Contact your John Hancock representative for more information. 12 This sub-account was introduced April 27, For internally-managed Funds advised and sub-advised exclusively by John Hancock USA's affiliates, the total fees John Hancock USA and its affiliates receive from these Funds may be higher than those advised or sub-advised exclusively by unaffiliated mutual fund companies. These fees can come from the Fund or trust's Rule 12b-1, sub-transfer agency, management, AMC or other fees, and may vary from Fund to Fund. Except for certain asset allocation portfolios (i.e., the Lifecycle Portfolios, Lifestyle Portfolios, Core Portfolios and the Guaranteed Income Feature Portfolios), John Hancock USA uses the revenue received from 12b-1, sub-transfer agency, and management fees to determine the AMC for that Fund, such that the sum of 12b-1, sub transfer agency, management fees and AMC received by John Hancock USA equals The underlying fund concentrates its investments in a sector of the market. A portfolio of this type may be riskier or more volatile in price than one that invests in more market sectors. 15 Account balance reported for this Fund may include assets transferred from another Fund, which will be permanently closed on or about April 26, Consult your John Hancock representative for more information. 17 This sub-account previously invested in a different underlying portfolio. It began investing in the current underlying portfolio effective May 5, Performance shown for periods prior to that date is based on the performance of the current underlying portfolio. 18 The underlying fund's manager or subadviser changed its name from Invesco AIM Capital Management to Invesco Advisers, Inc. on or about May 10, Contact your John Hancock representative for more information. 47 Account balance reported may include assets transferred from another sub-account which was permanently closed between April 22, 2005 and May 7, Account balance reported may include assets transferred from another Fund, which was permanently closed on or about October 25, Please contact your John Hancock representative for more information. 53 This sub-account was introduced on or about May 6, Account balance reported may include assets transferred from another Fund, which was permanently closed on or about April 18, Please contact your John Hancock representative for more information. 57 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about October 26, Contact your John Hancock representative for more information. 61 This sub-account previously invested in a different share class of the same underlying portfolio. It began investing in the current share class effective on or about November 9, Performance shown for periods prior to that date is based on the performance of the current share class. 62 Account balance reported may include assets transferred from another Fund which was permanently closed between April 25, 2003 and May 5, This sub-account previously invested in a different share class of the same underlying portfolio. It began investing in the current share class effective on or about June 1, Performance shown for periods prior to that date is based on the performance of the current share class. 67 The underlying fund changed its name effective on or about November 8, Performance shown for periods prior to that date reflect the results under its former name. The name of this sub-account changed effective on or about November 8, 2010 to more accurately reflect the name of the underlying fund. Investment Options as of Jul/16/2012 Page 10 of 13

24 68 This sub-account previously invested in another underlying portfolio. It began investing in the current underlying portfolio effective October 14, Performance shown for periods prior to that date is based on the performance of the current underlying portfolio. Performance shown for all periods has been adjusted to reflect the current sub-account charge and would be lower if it reflected the sub-account charge that was in effect prior to October 14, 2005, which was.20 higher than the current sub-account charge. 71 Only available under certain limited circumstances. Consult your John Hancock representative for more information. 73 This sub-account previously invested in a different underlying portfolio. It began investing in the current underlying portfolio effective October 14, None of the Index Funds nor the underlying portfolios are sponsored, endorsed, managed, advised, sold or promoted by any of the respective companies that sponsor the broad-based securities market index, and these companies make no representation regarding the advisability of investing in the Index Fund. Indexes are unmanaged and cannot be invested in directly. Since the underlying portfolios are not actively managed, the Funds will generally reflect the performance of their indexes even in markets when the indexes do not perform well. 77 The underlying fund changed its sub-advisor on November 8, 2010 from Van Kampen Investments to Invesco Advisers, Inc. 82 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about October 30, Contact your John Hancock representative for more information. 83 This investment option is deemed a "Competing" investment option with the John Hancock Stable Value Fund and may not be available. An investment in this portfolio is not insured or guaranteed by The Federal Deposit Insurance Corporation or any other government agency. Although the underlying portfolio seeks to preserve the value of an investment, it is possible to lose money by investing in this portfolio. 85 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about April 22, Contact your John Hancock representative for more information. 86 The underlying fund's manager or subadviser changed its name from RiverSource Investments to Columbia Management Investment Advisers, LLC., on or about November 8, Contact your John Hancock representative for more information. 91 The underlying John Hancock Variable Insurance Trust portfolio is not a retail mutual fund and is only available under variable annuity contracts, variable life policies or through participation in tax qualified retirement plans. Although the portfolios' investment adviser or sub-advisers may manage retail mutual funds with similar names and investment objectives, no representation is made, and no assurance is given, that any portfolio's investment results will be comparable to the investment results of any other fund, including other funds with the same investment adviser or sub-adviser. Past performance is no guarantee of future results. 97 This sub-account was introduced May 6, This sub-account previously invested in a different share class of the same underlying portfolio. It began investing in the current share class effective on or about May 9, Performance shown for periods prior to that date is based on the performance of the current share class. 100 The underlying fund changed its name effective on or about May 9, Performance shown for periods prior to that date reflect the results under its former name. The name of this sub-account changed effective on or about May 9, 2011 to more accurately reflect the name of the underlying fund. 101 The underlying fund changed its sub-advisor on December 15, 2010 from MFC Global Investment Management (U.S.A.) Limited to John Hancock Management, a division of Manulife Management (North America) Limited. 106 Account balance reported may include assets transferred from another Fund, which was permanently closed on or about April 23, Please contact your John Hancock representative for more information. Risks Applicable to All Funds Credit and Counterparty Risk A fund is subject to the risk that the issuer or guarantor of a fixed-income security or other obligation, the counterparty to a derivatives contract or repurchase agreement, or the borrower of a fund's securities will be unable or unwilling to make timely principal, interest, or settlement payments, or otherwise to honor its obligations. Issuer Risk An issuer of a security purchased by a fund may perform poorly, and, therefore, the value of its stocks and bonds may decline. Poor performance may be caused by poor management decisions, competitive pressures, breakthroughs in technology, reliance on suppliers, labor problems or shortages, corporate restructurings, fraudulent disclosures, or other factors. Liquidity Risk A fund is exposed to liquidity risk when trading volume, lack of a market maker, or legal restrictions impair the fund's ability to sell particular securities or close derivative positions at an advantageous price. Funds with investment strategies that involve securities of companies with smaller market capitalizations, foreign securities, derivatives, or securities with substantial market and/or credit risk tend to have the greatest exposure to liquidity risk. Manager Risk The performance of a fund that is actively managed will reflect in part the ability of the manager to make investment decisions that are suited to achieving the fund's investment objective. Depending on the manager's investment decisions, a fund may not reach its investment objective or it could underperform its peers or lose money. Market Risk The value of a fund's securities may go down in response to overall stock or bond market movements. Markets tend to move in cycles, with periods of rising prices and periods of falling prices. Stocks tend to go up and down in value more than bonds. If the fund's investments are concentrated in certain sectors, its performance could be worse than the overall market. Merger and Replacement Transition Risk In the case of Fund mergers and replacements, the affected Funds that are being merged or replaced may implement the redemption of your interest by payment in cash or by distributing assets in kind. In either case, the redemption of your interest by the affected Fund, as well as the investment of the redemption proceeds by the "new" Fund, may result in transaction costs to the Funds because the affected Funds may find it necessary to sell securities and the "new" Funds will find it necessary to invest the redemption proceeds. Also, the redemption and reinvestment processes, including any transition period that may be involved in completing such mergers and replacements, could be subject to market gains or losses, including those from currency exchange rates. The transaction costs and potential market gains or losses could have an impact on the value of your investment in the affected Fund and in the "new" Fund, and such market gains or losses could also have an impact on the value of any existing investment that you or other investors may have in the "new" Fund. Although there can be no assurances that all risks can be eliminated, John Hancock will use its best efforts to manage and minimize such risks and costs. Where the redemption of your interest is implemented through a distribution of assets in kind, the effective date of the merger or replacement may vary from the target date due to the transition period, commencing either before or after the target date, that is required to liquidate or transition the assets for investment in the "new" Fund. Additional Risks Applicable to Certain Funds Commodity Risk Commodity investments involve the risk of volatile market price fluctuations of commodities resulting from fluctuating demand, supply disruption, speculation and other factors. Currency Risk Funds that invest directly in foreign currencies and in securities that trade in, or receive revenues in, foreign currencies are subject to the risk that those currencies will decline in value relative to the currency being hedged. Derivatives Risk A fund's use of certain derivative instruments (such as options, futures and swaps) could produce disproportionate gains or losses. Derivatives are generally considered more risky than direct investments and, in a down market, could become harder to value or sell at a fair price. Equity Securities Risk Stock markets are volatile, and the price of equity securities such as common and preferred stocks (and their equivalents) will fluctuate. The value of equity securities Investment Options as of Jul/16/2012 Page 11 of 13

25 purchased by the fund could decline if the financial condition of the companies in which the fund invests decline or if overall market and economic conditions deteriorate. Exchange Traded Funds (ETFs) Risk Exchange Traded Funds are a type of investment company bought and sold on a securities exchange. An ETF often represents a fixed portfolio of securities designed to track a particular market index. The risks of owning an ETF generally reflect the risks of owning the underlying securities the ETF is designed to track. Fixed-Income Securities Risk Fixed-income securities or bonds are subject to credit risk and interest rate risk. The credit rating of bonds in the fund could be downgraded or the issuer of a bond could default on its obligations. In general, lower-rated fixed-income securities involve more credit risk. When interest rates rise, bond prices generally fall. Foreign Securities Risk Foreign securities involve special risks, including potentially unfavorable currency exchange rates, limited government regulation (including less stringent investor protection and disclosure standards) and exposure to possible economic, political and social instability. To the extent the fund invests in emerging market countries, it's foreign securities risk will be higher. Fund of Funds Risk A fund of funds invests in a number of underlying funds. A fund of fund's ability to achieve its investment objective will depend largely on the ability of its investment manager to select the appropriate mix of underlying funds and on the underlying funds ability to meet their investment objectives. A fund of funds is subject to the same risks as the underlying funds in which it invests. Each fund of funds bears its own expenses and indirectly bears its proportionate share of expenses of the underlying funds in which it invests. Stock Risk Because growth securities typically do not make dividend payments to shareholders, investment returns are based on capital appreciation, making returns dependent on market increases and decreases. The market prices of growth stocks are highly sensitive to future earnings expectations. stocks may therefore be more volatile than non-growth stocks. High Yield Securities Risk Fixed-income securities that are not investment grade are commonly referred to as high yield securities or "junk bonds." These securities offer a potentially higher yield than other, higher rated securities, but they carry a greater degree of risk and are considered speculative by the major credit rating agencies Index Management Risk Certain factors may cause the fund to track its Index less closely. For example, the manager may select securities that are not fully representative of the Index, and the fund's transaction expenses, and the size and timing of its cash flows, may result in the fund's performance being different than that of its Index. Initial Public Offerings (IPO) Risk The fund is subject to the risks associated with purchases of shares issued in IPOs by companies that have little operating history as public companies. The market for IPO issuers has been volatile and share prices of certain newly-public companies have fluctuated in significant amounts over short periods of time. Interest Rate Risk Fixed-income securities are affected by changes in interest rates. When interest rates decline, the market value of fixed-income securities generally will increase. Conversely, when interest rates rise, the market value of fixed-income securities will generally decrease. The longer the remaining maturity of instruments held by the fund, the more sensitive the fund is to interest rate risk. Large Cap Risk The fund's strategy of investing in large cap stocks carries the risk that in certain markets large cap stocks will underperform small cap or mid cap stocks. Leverage Risk The fund may engage in transactions, including the use of synthetic instruments and derivatives, which may give rise to a form of leverage. Leverage may cause the fund to be more volatile than if the fund had not been leveraged because leverage can exaggerate the effect of any increase or decrease in the value of securities held by the fund. Lifestyle Portfolio Risk A Lifestyle Portfolio ("Fund") is a "fund of funds" which invests in a number of underlying funds. The Fund's ability to achieve its investment objective will depend largely on the ability of the subadviser to select the appropriate mix of underlying funds and on the underlying funds' ability to meet their investment objectives. There can be no assurance that either a Fund or the underlying funds will achieve their investment objectives. A Fund is subject to the same risks as the underlying funds in which it invests, which include the following risks. Stocks can decline due to market, regulatory or economic developments. Investing in foreign securities is subject to certain risks not associated with domestic investing such as currency fluctuations and changes in political and economic conditions. The securities of small capitalization companies are subject to higher volatility than larger, more established companies. High Yield bonds are subject to additional risks such as the increased risk of default (not applicable to Lifestyle Portfolio). For a more complete description of these risks, please review the underlying fund's prospectus, which is available upon request. Diversification does not ensure against loss. A Lifecycle Portfolio ("Fund") is a "fund of funds" which invests in a number of underlying funds. The Fund's ability to achieve its investment objective will depend largely on the ability of the subadviser to select the appropriate mix of underlying funds and on the underlying funds' ability to meet their investment objectives. There can be no assurance that either a Fund or the underlying funds will achieve their investment objectives. A Fund is subject to the same risks as the underlying funds in which it invests. Each Fund invests in underlying funds which invest in fixed-income securities (including in some cases high yield securities) and equity securities, including foreign securities and engage in Hedging and Other Strategic Transactions. To the extent the Fund invests in these securities directly or engages in Hedging and Other Strategic Transactions, the Fund will be subject to the same risks. As a Fund's asset mix becomes more conservative, the fund becomes more susceptible to risks associated with fixedincome securities. For a more complete description of these risks, please review the underlying fund's prospectus, which is available upon request. Each Lifecycle Portfolio has an associated target date based on the expected year in which participants in the portfolio plan to retire and no longer make contributions. The investment strategy of these Portfolios are designed to become more conservative over time as the Portfolio approaches and passes the target retirement date. The principal value of an investment in these Portfolios is not guaranteed at any time, including at or after the target date. Mid Cap Stock Risk Investments in mid-cap companies are subject to more erratic price movements than investments in larger, more established companies. In particular, mid-sized companies may pose greater risk due to narrow product lines, limited financial resources, less depth in management or a limited trading market for their securities. Mortgage-Backed and -Backed Securities Risk When interest rates fall, homeowners are more likely to prepay their mortgage loans. An increased rate of prepayments on the fund's mortgage-backed securities will result in an unforeseen loss of interest income to the fund as the fund may be required to reinvest assets at a lower interest rate. -backed securities include interests in pools of debt securities, commercial or consumer loans, or their receivables. The value of these securities depends on many factors, including changes in interest rates, the availability of information concerning the pool and its structure, the credit quality of the underlying assets, the market's perception of the servicer of the pool, and any credit enhancement provided. In addition, asset-backed securities have prepayment risks similar to mortgage-backed securities. Non-Diversification Risk A fund that is non-diversified may invest a high percentage of its assets in the securities of a small number of issuers. This approach may result in more volatile performance relative to more diversified funds. The less diversified a fund's holdings are, the more a specific security's poor performance is likely to affect the fund's performance. Sector Risk When a fund's investments are concentrated in a particular industry or sector of the economy (e.g., real estate, technology, financial services), they are not as diversified as the investments of most mutual funds and are far less diversified than the broad securities markets. Funds concentrating in a particular industry sector tend to be more volatile than other mutual funds, and the values of their investments tend to go up and down more rapidly. A fund that invests in a particular industry or sector is particularly susceptible to the impact of market, economic, regulatory and other factors affecting than industry or sector. Short Sale Risk Investment Options as of Jul/16/2012 Page 12 of 13

26 The fund may sell a security that it does not own. A fund will lose money if the price of the security which it has sold short increases between the time of the short sale and the date when the fund acquires the security sold short. Small Cap Stock Risk The fund's investments in smaller companies are subject to more erratic price movements than investments in larger, more established companies. Small cap companies may be developing or marketing new products or services for which markets are not yet and may never become established. Although small, unseasoned companies may offer greater opportunities for capital growth than larger, more established companies, they also involve greater risks and should be considered speculative. Small/Mid Cap Stock Risk The fund's investments in small-cap and mid-cap companies are subject to more erratic price movements than investments in larger, more established companies. In particular, mid-sized companies may pose greater risk due to narrow product lines, limited financial resources, less depth in management or a limited trading market for their securities. Similarly, small cap companies may be developing or marketing new products or services for which markets are not yet and may never become established. While small, unseasoned companies may offer greater opportunities for capital growth than larger, more established companies, they also involve greater risks and should be considered speculative. Target Risk From time to time, one or more of the underlying funds may experience relatively large redemptions or investments due to reallocations or re-balancings of the assets of a portfolio, which could affect the performance of the underlying funds and, therefore, the performance of the fund. Turnover Risk Active and frequent trading of fund securities results in a high fund turnover rate. Funds with high turnover rates often have higher transaction costs, which are paid by the fund, that may have an adverse impact on fund performance, and may generate short-term capital gains on which taxes may be imposed. U.S. Government Securities Risk U.S. government securities do not involve the degree of credit risk associated with investments in lower quality fixed-income securities. As a result, the yields available from U.S. government securities are generally lower than the yields available from many other fixed-income securities. These securities, like other fixed-income securities, are subject to interest rate risk. Value Stock Risk The fund's investments in value stocks carry the risk that the market will not recognize a security's intrinsic value for a long time or that a stock believed to be undervalued may actually be appropriately priced. To obtain group annuity investment option Fund sheets and prospectuses for each sub-account's underlying investment vehicle call These documents contain complete details on investment objectives, risks, fees, charges and expenses as well as other information about the underlying investment vehicle, which should be carefully considered. Please read these documents carefully prior to investing. Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name. Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY Product features and availability may differ by state. John Hancock Investment Management Services, LLC, a registered investment adviser, provides investment information relating to the contracts. NOT FDIC INSURED MAY LOSE VALUE NOT BANK GUARANTEED NOT INSURED BY ANY GOVERNMENT AGENCY 2012 All rights reserved. P / GA Investment Options as of Jul/16/2012 Page 13 of 13

27 John Hancock Lifecycle Portfolios Retirement Living ^ Retirement planning based on your age and retirement date Your qualified retirement plan offers a range of different investment options, including a series of asset allocation portfolios referred to as Retirement Living Portfolios, sub-advised by John Hancock Management. John Hancock s Retirement Living Portfolios are a suite of Lifecycle asset allocation portfolios designed to take you through retirement. They are primarily invested in actively managed funds and are managed to retain the potential for investment growth with the objective of supporting your need for income in your retirement years. So when you reach your retirement, you can remain invested in the same Portfolio and draw income in your retirement years. How Retirement Living Portfolios work Retirement Living Portfolios, a Lifecycle asset allocation option, are designed to take you through retirement. The asset mix of each Portfolio is based on a target date. This is the expected year in which participants in a Portfolio plan to retire and no longe r make contributions. Our team of asset allocation professionals adjusts each Portfolio s make-up over time to ensure a noticeable and steady shift from equities to fixed income in the years leading to retirement. As each Portfolio glides over time, its asset mix is adjusted. Looking at the image below: Portfolios with target dates further in the future are invested more aggressively and have a significant exposure to equities. As the Portfolio glides towards and through the retirement date, the investment mix gradually becomes more conservative, although it still has significant exposure to equities. The Portfolio s most conservative point 25% equity and 75% fixed income occurs 20 years after retirement. Note that allocations may vary as a result of market swings or cash allocations held during unusual market or economic conditions. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 5% 95% 5% 95% 5% 95% 5% 95% 8% 92% 15% 85% 26% 74% 38% 48% 62% Living in Retirement Years to Retirement Retirement 52% Retirement Date 75% 25% Assumptions In developing the glide path, it was assumed that participants would make ongoing contributions during the years leading up to retirement, and stop making those contributions when the target date is reached. In retirement, it was assumed that participants would start making withdrawals of 4.7% of accumulated wealth, indexed to 2.5% inflation plus 130 bps of fees, for a period of 30 years. Equity Fixed income Target allocation Range of allocation variance