Inside. PLAN NEWS For convenient access to your plan information simply visit us here: How do I get more information? Your Tools and Resources

Transcription

1 How do I get more information? PLAN NEWS For convenient access to your plan information simply visit us here: Automatic Enrollment Our website provides you with 24-hour access to account information, investment performance, financial education, and the ability to initiate account transactions. Contact Center (800) Our toll-free number offers 24-hour access to your account and investment information. In addition, specialists are available to assist you from 8 a.m. to 8 p.m., Monday through Friday, Eastern Time. Your Tools and Resources Inside Transamerica Retirement Solutions is here to help you save time and invest wisely for and throughout your retirement. Here s a preview of a few tools and resources available to you: RetireTrack Our quarterly newsletter brings you timely news and insights that help you plan for a more enjoyable life in and through retirement. Account Statements Your quarterly statement is an important tool to help you evaluate your progress. The statement includes an at-a-glance account summary section, a personalized rate of return, and investment choice performance. Education Financial education is an important way we help support your retirement savings goal. And, our award winning2 educational suite offers online videos, articles, podcasts, workshops, and calculators with your success in mind. 2 Transamerica Retirement Solutions' communication materials have received awards from various organizations, including the Awards for Publications Excellence ( APEX ) in 2011; AVA Awards in 2011; Communicator Awards 2011; DALBAR, Inc. in 2011; Hermes Creative Award in 2011; Insurance and Financial Communicators Association 2011; LACP Magellan Awards in 2011; MarCom Awards in 2011; Mutual Fund Education Alliance ("MFEA") STAR Awards in 2011; and Telly Award in For more information please refer to the How does automatic enrollment work? What do I need to do? How do I make changes to my contributions and investment choices? Can I contribute more or less? How are my contributions invested? Whether your retirement is five or fifty years away, you can act now to help prepare for your long-term financial well-being by participating in your retirement savings plan. At Transamerica, we look forward to helping you save and invest wisely for and throughout retirement. Additional Plan Information Beneficiary Form How do I get more information? Your Tools and Resources TRSC TFLIC 04/01/2013 Good news! Your employer, Custom Corp, helps you save and invest in your future by offering a retirement savings plan. To make plan enrollment fast and easy you will be automatically enrolled in the plan once you are eligible. And, whether your retirement is five or fifty years away, Transamerica Retirement Solutions (Transamerica) offers tools and guidance to help you achieve your retirement goals. Our education program provides solutions at each stage of your retirement planning process. Securities offered by Transamerica Investors Securities Corporation (TISC), 440 Mamaroneck Avenue, Harrison, NY Transamerica and TISC are affiliated companies. Not FDIC Insured No Bank Guarantee May Lose Value

2 How does automatic enrollment work? You will be automatically enrolled in the plan as soon as you meet these eligibility requirements: Eligibility You must complete 1 year(s) of service. You must be at least 18 years of age. Once enrolled, 3% of your pay will be deducted from your paycheck on a pre-tax basis and contributed to your retirement plan account each pay period. In addition, the Company may offer a matching contribution to the Plan. That's like free money! You will receive an automatic enrollment notice with more detailed information. What do I need to do? Just complete the following beneficiary form, and submit it to your plan administrator. That s it, unless you would like to make changes to your contributions or investment choices. Fees and charges may apply. How do I make changes to my contributions and investment choices? You can easily make changes to your contributions and investment choices by completing a Change Form. If you decide to opt out of automatic enrollment, you will need to complete and submit a Change Form. The Change Form is available by: Contacting your Plan Administrator. Registering at Calling Contact Center at (800) Can I contribute more or less? Yes, you can contribute up to 100% of your pay, up to the IRS limit. And, if you are age 50 or older, you can make additional "catch-up contributions" to the plan. You can also contribute less than the automatic amount, or not at all. How are my contributions invested? Your contributions will be automatically invested in the Transamerica Stable Value Account. For more information review the Investment Choice Information at Additional Plan Information Your Contributions You can save from 1% to 100% of your eligible compensation. You can choose to make contributions before paying taxes and/or you can choose to make after-tax contributions through your plan s Roth 401(k) account option. Federal Tax law limits the total combined before- and after-tax contributions to $17,500 in Contract Asset Charges (CAC) Contract Asset Charges (CAC) are assessed each Month according to the terms of the plan s investment contract and vary based upon the amount of assets held under the contract on the 15th of each month. Based on the plan asset information provided to Transamerica, the initial monthly CAC rate assessed to the plan is estimated to be %. 2

3 Custom Corp. 401(k) Plan Beneficiary Form Social Security No.: - - Entry (s) I, spouse of, hereby consent to the designation of the beneficiary(ies) named on this form. I understand that my spouse has designated someone other than (or in addition to) myself as a beneficiary to receive benefits under this plan. I understand the financial impact of this designation. I also understand that my consent to this designation is irrevocable. January 1, April 1, July 1 and October 1. If the plan includes joint and survivor provisions, by signing below, I hereby waive all rights to the pre-retirement survivor benefit with respect to that portion of the plan benefits payable to a beneficiary other than myself. If you are 50 or older, you may qualify to make additional before- and after-tax "Catch-up" Contributions. Federal Catch-up Contribution limit is $5,500 for 2013, for total combined before- and after-tax contributions. e Spousal Consent - This section must be completed if your spouse is not designated (100%) as Primary Beneficiary Spouse Name pl Spouse Signature Notary Public or Plan Representative Signature Required: Subscribed and sworn to me before this Signature County Sa m State day of Catch-up Contributions Frequency of Contribution Changes You may increase or decrease your contribution to the plan on the first day of each plan quarter, in January, April, July, and October. You may also stop making contributions at any time. Rollovers You may roll over your plan account balance from a prior qualified retirement plan at any time. Vesting, Your contributions are automatically 100% vested. Your rollover contributions are 100% vested. Company Contributions MATCHING CONTRIBUTIONS The Company may match the contributions you make to the plan during the year. The match amount is discretionary and will be determined at the end of the plan year. If you are not employed on the last day of the plan year you will not be eligible to receive Matching Contributions. To be eligible to receive Matching Contributions, you must complete 1,000 hours of service, or one Period of Service of Elapsed Time during the plan year. Eligibility You must complete 1 year(s) of service. You must be at least 18 years of age. Entry (s) January 1, April 1, July 1 and October 1. Vesting The Company s contributions are vested as follows: Years of Service* Percent Vested Upon completion of 1 year 20% Upon completion of 2 years 40% Upon completion of 3 years 60% Upon completion of 4 years 80% Upon completion of 5 years 100% * A year of service for vesting credit for Company contributions is based either on completion of 1,000 Hours of Service or elapsed time. If the plan uses elapsed time, credit is given regardless of the number of hours worked in a designated twelve-month-period. Loans Your plan offers a loan feature. Please check with your plan administrator and/or refer to your Summary Plan Description for details. 6 3

4 Custom Corp. 401(k) Plan Beneficiary Form TFLIC Social Security No.: In Service Withdrawals Early Withdrawals - - You may name anyone you wish as your beneficiary. However, if you are married and you name someone other than your spouse as beneficiary for all or part of the benefits payable, your spouse must consent to the beneficiary designation and complete the Spousal Consent Section. If your spouse does not complete the Spousal Consent Section, your beneficiary will be your spouse, even if you designate a different beneficiary on this form. Remember that changes in marital status may affect your beneficiary designations, so be sure to keep your designation current. Submit this completed form to your plan adminstrator. Hardship Beneficiary Designation: If you meet the definition of hardship you may make a withdrawal from the plan. For more information about the strict rules governing hardship withdrawals, refer to your Summary Plan Description. I name the following individual(s) to receive my plan benefits in the event of my death in accordance with the terms of the plan. This beneficiary designation cancels and replaces all prior designations and settlement agreements which I have made under the plan. Benefits will be paid to my primary beneficiary(ies) if living. Benefits will be paid to my contingent beneficiary(ies) only if none of my primary beneficiaries are living. Subject to plan provisions, upon retirement, termination, disability or death, you or in some cases your beneficiary can: Percentages below must equal 100% for Primary Beneficiary(ies). Keep your money in the plan, subject to certain restrictions. -and- Directly roll over your plan account balance into another eligible savings plan or IRA. You can request a Rollover IRA kit online at By choosing to keep your money in the plan or by electing a direct rollover of your retirement savings rather than cashing out, you will avoid the 20% mandatory federal income tax withholding as well as the 10% early withdrawal penalty that s assessed if you have not reached age 59 ½. pl When You Retire Or Leave The Company e You may make a withdrawal from the plan upon attaining age 59½. Certain restrictions may apply. Refer to your Summary Plan Description for details. Percentages below must also equal 100% for Contingent (Secondary) Beneficiary(ies) - if any. Primary Plan Beneficiary(ies) - Will receive benefits in the event of your death. Beneficiary Name(s) and Address(es) Receive your plan account balance in cash. m Receive your plan account balance as an annuity or in installments. Contact your plan administrator or refer to your Summary Plan Description for additional information. Relationship Some of these options can have significant tax consequences. Your tax advisor can help you make the decision that is best for you. For additional plan information, please contact your plan administrator or refer to your Summary Plan Description. of Birth Social Security Number Share of Benefits (%) Contingent Plan Beneficiary(ies) - Will receive benefits if no primary beneficiary is living at the time of your death. Sa Beneficiary Name(s) and Address(es) Relationship of Birth Social Security Number Share of Benefits (%) NOTE: If you do not designate a percentage for your primary beneficiaries, the benefit will be equally divided among your primary beneficiaries who survive you. If no primary beneficiary survives you and you do not designate a percentage for your contingent beneficiaries, the benefit will be equally divided among your contingent beneficiaries who survive you. If no beneficiary survives you, benefits will be paid as provided under the plan. Participant Signature Signed at (City and State) Participant Name (Please print) 4 5

5 Custom Corp. 401(k) Plan Beneficiary Form TFLIC Social Security No.: In Service Withdrawals Early Withdrawals - - You may name anyone you wish as your beneficiary. However, if you are married and you name someone other than your spouse as beneficiary for all or part of the benefits payable, your spouse must consent to the beneficiary designation and complete the Spousal Consent Section. If your spouse does not complete the Spousal Consent Section, your beneficiary will be your spouse, even if you designate a different beneficiary on this form. Remember that changes in marital status may affect your beneficiary designations, so be sure to keep your designation current. Submit this completed form to your plan adminstrator. Hardship Beneficiary Designation: If you meet the definition of hardship you may make a withdrawal from the plan. For more information about the strict rules governing hardship withdrawals, refer to your Summary Plan Description. I name the following individual(s) to receive my plan benefits in the event of my death in accordance with the terms of the plan. This beneficiary designation cancels and replaces all prior designations and settlement agreements which I have made under the plan. Benefits will be paid to my primary beneficiary(ies) if living. Benefits will be paid to my contingent beneficiary(ies) only if none of my primary beneficiaries are living. Subject to plan provisions, upon retirement, termination, disability or death, you or in some cases your beneficiary can: Percentages below must equal 100% for Primary Beneficiary(ies). Keep your money in the plan, subject to certain restrictions. -and- Directly roll over your plan account balance into another eligible savings plan or IRA. You can request a Rollover IRA kit online at By choosing to keep your money in the plan or by electing a direct rollover of your retirement savings rather than cashing out, you will avoid the 20% mandatory federal income tax withholding as well as the 10% early withdrawal penalty that s assessed if you have not reached age 59 ½. pl When You Retire Or Leave The Company e You may make a withdrawal from the plan upon attaining age 59½. Certain restrictions may apply. Refer to your Summary Plan Description for details. Percentages below must also equal 100% for Contingent (Secondary) Beneficiary(ies) - if any. Primary Plan Beneficiary(ies) - Will receive benefits in the event of your death. Beneficiary Name(s) and Address(es) Receive your plan account balance in cash. m Receive your plan account balance as an annuity or in installments. Contact your plan administrator or refer to your Summary Plan Description for additional information. Relationship Some of these options can have significant tax consequences. Your tax advisor can help you make the decision that is best for you. For additional plan information, please contact your plan administrator or refer to your Summary Plan Description. of Birth Social Security Number Share of Benefits (%) Contingent Plan Beneficiary(ies) - Will receive benefits if no primary beneficiary is living at the time of your death. Sa Beneficiary Name(s) and Address(es) Relationship of Birth Social Security Number Share of Benefits (%) NOTE: If you do not designate a percentage for your primary beneficiaries, the benefit will be equally divided among your primary beneficiaries who survive you. If no primary beneficiary survives you and you do not designate a percentage for your contingent beneficiaries, the benefit will be equally divided among your contingent beneficiaries who survive you. If no beneficiary survives you, benefits will be paid as provided under the plan. Participant Signature Signed at (City and State) Participant Name (Please print) 4 5

6 Custom Corp. 401(k) Plan Beneficiary Form Social Security No.: - - Entry (s) I, spouse of, hereby consent to the designation of the beneficiary(ies) named on this form. I understand that my spouse has designated someone other than (or in addition to) myself as a beneficiary to receive benefits under this plan. I understand the financial impact of this designation. I also understand that my consent to this designation is irrevocable. January 1, April 1, July 1 and October 1. If the plan includes joint and survivor provisions, by signing below, I hereby waive all rights to the pre-retirement survivor benefit with respect to that portion of the plan benefits payable to a beneficiary other than myself. If you are 50 or older, you may qualify to make additional before- and after-tax "Catch-up" Contributions. Federal Catch-up Contribution limit is $5,500 for 2013, for total combined before- and after-tax contributions. e Spousal Consent - This section must be completed if your spouse is not designated (100%) as Primary Beneficiary Spouse Name pl Spouse Signature Notary Public or Plan Representative Signature Required: Subscribed and sworn to me before this Signature County Sa m State day of Catch-up Contributions Frequency of Contribution Changes You may increase or decrease your contribution to the plan on the first day of each plan quarter, in January, April, July, and October. You may also stop making contributions at any time. Rollovers You may roll over your plan account balance from a prior qualified retirement plan at any time. Vesting, Your contributions are automatically 100% vested. Your rollover contributions are 100% vested. Company Contributions MATCHING CONTRIBUTIONS The Company may match the contributions you make to the plan during the year. The match amount is discretionary and will be determined at the end of the plan year. If you are not employed on the last day of the plan year you will not be eligible to receive Matching Contributions. To be eligible to receive Matching Contributions, you must complete 1,000 hours of service, or one Period of Service of Elapsed Time during the plan year. Eligibility You must complete 1 year(s) of service. You must be at least 18 years of age. Entry (s) January 1, April 1, July 1 and October 1. Vesting The Company s contributions are vested as follows: Years of Service* Percent Vested Upon completion of 1 year 20% Upon completion of 2 years 40% Upon completion of 3 years 60% Upon completion of 4 years 80% Upon completion of 5 years 100% * A year of service for vesting credit for Company contributions is based either on completion of 1,000 Hours of Service or elapsed time. If the plan uses elapsed time, credit is given regardless of the number of hours worked in a designated twelve-month-period. Loans Your plan offers a loan feature. Please check with your plan administrator and/or refer to your Summary Plan Description for details. 6 3

7 How does automatic enrollment work? You will be automatically enrolled in the plan as soon as you meet these eligibility requirements: Eligibility You must complete 1 year(s) of service. You must be at least 18 years of age. Once enrolled, 3% of your pay will be deducted from your paycheck on a pre-tax basis and contributed to your retirement plan account each pay period. In addition, the Company may offer a matching contribution to the Plan. That's like free money! You will receive an automatic enrollment notice with more detailed information. What do I need to do? Just complete the following beneficiary form, and submit it to your plan administrator. That s it, unless you would like to make changes to your contributions or investment choices. Fees and charges may apply. How do I make changes to my contributions and investment choices? You can easily make changes to your contributions and investment choices by completing a Change Form. If you decide to opt out of automatic enrollment, you will need to complete and submit a Change Form. The Change Form is available by: Contacting your Plan Administrator. Registering at Calling Contact Center at (800) Can I contribute more or less? Yes, you can contribute up to 100% of your pay, up to the IRS limit. And, if you are age 50 or older, you can make additional "catch-up contributions" to the plan. You can also contribute less than the automatic amount, or not at all. How are my contributions invested? Your contributions will be automatically invested in the Transamerica Stable Value Account. For more information review the Investment Choice Information at Additional Plan Information Your Contributions You can save from 1% to 100% of your eligible compensation. You can choose to make contributions before paying taxes and/or you can choose to make after-tax contributions through your plan s Roth 401(k) account option. Federal Tax law limits the total combined before- and after-tax contributions to $17,500 in Contract Asset Charges (CAC) Contract Asset Charges (CAC) are assessed each Month according to the terms of the plan s investment contract and vary based upon the amount of assets held under the contract on the 15th of each month. Based on the plan asset information provided to Transamerica, the initial monthly CAC rate assessed to the plan is estimated to be %. 2

8 How do I get more information? PLAN NEWS For convenient access to your plan information simply visit us here: Automatic Enrollment Our website provides you with 24-hour access to account information, investment performance, financial education, and the ability to initiate account transactions. Contact Center (800) Our toll-free number offers 24-hour access to your account and investment information. In addition, specialists are available to assist you from 8 a.m. to 8 p.m., Monday through Friday, Eastern Time. Your Tools and Resources Inside Transamerica Retirement Solutions is here to help you save time and invest wisely for and throughout your retirement. Here s a preview of a few tools and resources available to you: RetireTrack Our quarterly newsletter brings you timely news and insights that help you plan for a more enjoyable life in and through retirement. Account Statements Your quarterly statement is an important tool to help you evaluate your progress. The statement includes an at-a-glance account summary section, a personalized rate of return, and investment choice performance. Education Financial education is an important way we help support your retirement savings goal. And, our award winning2 educational suite offers online videos, articles, podcasts, workshops, and calculators with your success in mind. 2 Transamerica Retirement Solutions' communication materials have received awards from various organizations, including the Awards for Publications Excellence ( APEX ) in 2011; AVA Awards in 2011; Communicator Awards 2011; DALBAR, Inc. in 2011; Hermes Creative Award in 2011; Insurance and Financial Communicators Association 2011; LACP Magellan Awards in 2011; MarCom Awards in 2011; Mutual Fund Education Alliance ("MFEA") STAR Awards in 2011; and Telly Award in For more information please refer to the How does automatic enrollment work? What do I need to do? How do I make changes to my contributions and investment choices? Can I contribute more or less? How are my contributions invested? Whether your retirement is five or fifty years away, you can act now to help prepare for your long-term financial well-being by participating in your retirement savings plan. At Transamerica, we look forward to helping you save and invest wisely for and throughout retirement. Additional Plan Information Beneficiary Form How do I get more information? Your Tools and Resources TRSC TFLIC 04/01/2013 Good news! Your employer, Custom Corp, helps you save and invest in your future by offering a retirement savings plan. To make plan enrollment fast and easy you will be automatically enrolled in the plan once you are eligible. And, whether your retirement is five or fifty years away, Transamerica Retirement Solutions (Transamerica) offers tools and guidance to help you achieve your retirement goals. Our education program provides solutions at each stage of your retirement planning process. Securities offered by Transamerica Investors Securities Corporation (TISC), 440 Mamaroneck Avenue, Harrison, NY Transamerica and TISC are affiliated companies. Not FDIC Insured No Bank Guarantee May Lose Value