THE GUARDIAN FOUNDATION 401(k) Plan Highlights

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1 THE GUARDIAN FOUNDATION 401(k) Plan Highlights Building a Positive Future Day by Day

2 Your financial health and well-being are important to The Guardian Foundation. That s why we offer you The Guardian Foundation 401(k) Plan. TABLE OF CONTENTS The plan helps you save for retirement. Both you and The Guardian Foundation contribute to your Plan account. You decide how much to save and how your account is invested. Enrollment Matching Contributions Profit Sharing Contributions Vesting (your ownership) of company matching contributions Plan Loans Account withdrawals Distributions Taxes Online Account Access Account access by phone This plan highlights brochure contains general information about the plan and its features. A Participant Help Center (PCH) webpage is available at etpaa.com/tgf to answer frequently asked questions. Enrollment You are eligible to make contributions on the first pay period of the month following satisfaction of the minimum requirements (as specified in Summary Plan Description) and have attained the age of 21 and completed 3 months of service, measured from your date of hire. Matching Contributions You will become a Participant eligible to begin receiving Matching Contributions on the first day of pay period of the month following satisfaction of the minimum service requirements in 21.a.v. above the date you attain age 21 and you complete 6 months of service, provided that you are an Eligible Employee at the end of that period. The Guardian Foundation

3 PLAN LOANS If you are an active employee you may apply for a loan from the Plan. Loans will only be made to persons who the Plan Administrator determines have the ability to repay the loan. You may not receive a loan if the sum of your new loan and the outstanding balance of all of your other loans would exceed the lesser of: 1) $50,000 minus the difference between the highest outstanding balance of loans in the past 12 months and the outstanding balance of loans from the Plan on the date the loan is made, or (2) one-half the present value of your vested Account balance. Profit Sharing Contributions You will become a Participant with respect to Profit Sharing Contributions on the first day of pay period of the month following satisfaction of the minimum service requirements (See SPD) above the date you attain age 21 and you complete 6 months of service, provided that you are an Eligible Employee at the end of that period. Vesting (your ownership) of company matching contributions Loans must be repaid over a period not extending beyond five years from the date of the loan. Please see Summary Plan Description (SPD) for more information. You are always fully (100%) vested in your 401(k) Account, Rollover Contribution Account and Qualified Non-Elective Contribution Account and any investment earnings on those contributions. You become vested over time in company matching contributions. Vesting is based on your years of vesting service calendar years in which you earn at least 1,000 hours of service with a Guardian Foundation company. Your interest in your Matching Contribution Account and Profit Sharing Contribution Account will vest based on your Years of Vesting Service (defined below) in accordance with the following schedule: Years of Vesting Service Vesting Percentage Less than Two Years 0 % Two Years but less than Three Years 20 % Three Years but less than Four Years 40 % Four Years but less than Five Years 60 % Five Years but less than Six Years 80 % Six or More Years 100 %

4 PLAN LOANS Minimum loan amount is $1,000. Maximum loan amount is the lesser of $50,000 or 50% of your vested account balance. There is a $50 per loan processing fee. You may have no more than two loans outstanding at any time. Regular full-time employees repay loans through after-tax payroll deduction. More information about loans, including loan modeling, is available on MassMutual s Online Retirement Center at retire.massmutual.com/participant ACCOUNT WITHDRAWALS While you are a Guardian Foundation employee, you may be able to withdraw money from your Plan account. You are always able to withdraw rollover and after-tax contributions at any time. You may be eligible to withdraw pre-tax and Roth contributions if you meet the conditions for a qualified hardship withdrawal. You can withdraw pre-tax and Roth contributions without proof of hardship once you reach age 59½ or in case of your disability. Distributions When your Guardian Foundation employment ends, you may: Keep your vested account balance in the Plan, if it exceeds $5,000. Roll over your vested account balance to another qualified plan or IRA. Elect to receive all or part of your vested account balance in a lump-sum payment, an annuity or installment payments

5 ONLINE ACCOUNT ACCESS Step 1: Logging on Here s how to log on to the Guardian Foundation s MassMutual RetireSmart participant website: retire.massmutual.com/participant When you access your account online directly at retire.massmutual.com/participant for the first time, you must create a User ID and password. Just click on the Create an Account tab near the top of the page. Then, answer a few simple questions and follow the prompts to log in using your new User ID and password. If you already have a User ID and password, just enter them by following the prompts at the home page. If you can t remember your User ID and password, you can reset your password online by clicking on the appropriate links on the LOGIN button. Step 2: Getting information and starting Plan transactions If you are not yet enrolled: To enroll in the Plan, once you have logged in, follow the instructions to choose a contribution percentage and make your investment elections. If you are already enrolled: After you log in, you will see the Accounts Home page, which contains some general information about your Plan account. From here you will be able to select the options you wish more information on, or initiate plan transac-

6 ACCOUNT ACCESS BY PHONE Immediate Assistance: Monday through Friday between 8 a.am. And 8 p.m. ET. After entering in your Social Security number and PIN, press 1 for account information, then 0 to speak with a representative. Retired or Terminated? : Monday through Friday between 8 a.am. And 8 p.m. ET. After entering in your Social Security number and PIN, press 2 to speak with a representative.

7 For information or educational purposes only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing it, Retirement Plan Administrators and/or Elite Retirement Alliance is not acting as a fiduciary as defined by the Department of Labor s Fiduciary rule or otherwise. If you need investment advice please consult with a qualified professional by contacting your human resources department for more information. Investing in a 401(k) plan involves risk including potential loss of principal. You should carefully consider your tolerance for risk as well as a fund s investment objectives, risks, fees, charges and expenses of each investment fund available under the Plan before investing, to ensure that your investment in a fund is consistent with your longterm retirement investment goals. This brochure highlights major features of the Plan. To learn more about the Plan, read The Guardian Foundation 401(k) Plan Summary Plan Description. This form can be found at etpaa.com/tgf/, or by asking your HR representative. Building a Positive Future - Day by Day The Guardian Foundation 3575 Piedmont Rd NE Atlanta, GA ph