Before investing in any mutual fund, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
The Plan gives you a choice of investment options that allow you the flexibility to build your own strategy to meet your financial needs.
Depending on which funds you currently invest in, some of your investments may change. Some investments will be liquidated and reinvested in new investment options. Others will transfer to the same investment option (called a re-registration, or in-kind transfer). Different investment options may have different transfer methods, and some options may be out of the market for a day or more, while others will remain fully invested during the transition. Changes could occur during the transition period that could result in changes to the asset transfer strategy described here.
It is important that you become familiar with the various investment options that will be available in the Plans. Information regarding each investment option’s risk, as well as its strategy and objective can be obtained in the Investment Options Guide. Please consider all investment information before choosing your investments.
For an explanation of your rights to direct investments, any Plan restrictions, and a description of the types of fees and expenses associated with your Plan account(s), refer to the Participant Disclosure Notice.
The Plans are intended to be a participant-directed plan as described in Section 404(c) of ERISA, which means that fiduciaries of the Plans are ordinarily relieved of liability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary.
How investment options will transfer*
When the market closes on Dec. 31, 2024, at noon CT, two investment options offered through the Plans will no longer be available. As a result, current account balances and future contributions will transfer to the new investment options on Jan. 2, 2025. Once the quiet period has ended during the week of Jan. 26, 2025, all services will be available, including the ability to make investment changes within your account(s).
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EXISTING INVESTMENT OPTION WITH EPIC RETIREMENT AS OF DEC. 31, 2024 AT 3:00 P.M. CT |
TICKER |
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NEW INVESTMENT OPTION WITH FIDELITY, EFFECTIVE JAN. 2, 2025 |
TICKER |
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Invesco Developing Markets Fund Class R6 |
ODVIX |
► |
American Funds New World Fund® Class R-6 |
RNWGX |
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Schwab Retirement Government Money^ |
SNRXX |
► |
Vanguard Federal Money Market Fund Investor Shares^ |
VMFXX |
Investment allocation models at EPIC Retirement
If you are currently invested in one of the allocation models at EPIC Retirement, your existing balances at EPIC Retirement will transfer to Fidelity and be invested according to how the underlying investment options will transfer (as noted above). Your future contributions will be directed to an age-based target date fund (please refer to the Notice of Qualified Default Investment Alternative). Your account will no longer be in an allocation model and will not be rebalanced automatically. If you are interested in rebalancing your portfolio, you will be able to re-enroll in Fidelity’s rebalance notification service.
Investment options that are not changing
The current investment options listed below will remain in the Plans. Any balances you have invested in these investment options as of Dec. 31, 2024, will transfer to the same funds (referred to as an “in-kind” transfer). Future contributions will continue to be invested in these funds.
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INVESTMENT OPTION |
TICKER |
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American Century Small Cap Value Fund R6 Class |
ASVDX |
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American Funds EuroPacific Growth Fund® Class R-6 |
RERGX |
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Carillon Eagle Mid Cap Growth Fund Class R6 |
HRAUX |
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Fidelity® 500 Index Fund |
FXAIX |
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Fidelity® Extended Market Index Fund |
FSMAX |
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Fidelity® Total International Index Fund |
FTIHX |
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Fidelity® U.S. Bond Index Fund |
FXNAX |
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JPMorgan Core Bond Fund Class R6 |
JCBUX |
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Loomis Sayles Small Cap Growth Fund Class N |
LSSNX |
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MFS Growth Fund Class R6 |
MFEKX |
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PIMCO Real Return Fund Institutional Class |
PRRIX |
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Vanguard Balanced Index Fund Institutional Shares |
VBAIX |
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Vanguard Target Retirement 2020 Fund |
VTWNX |
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Vanguard Target Retirement 2025 Fund |
VTTVX |
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Vanguard Target Retirement 2030 Fund |
VTHRX |
|
Vanguard Target Retirement 2035 Fund |
VTTHX |
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Vanguard Target Retirement 2040 Fund |
VFORX |
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Vanguard Target Retirement 2045 Fund |
VTIVX |
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Vanguard Target Retirement 2050 Fund |
VFIFX |
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Vanguard Target Retirement 2055 Fund |
VFFVX |
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Vanguard Target Retirement 2060 Fund |
VTTSX |
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Vanguard Target Retirement 2065 Fund |
VLXVX |
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Vanguard Target Retirement Income Fund |
VTINX |
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Vanguard Windsor™ II Fund Admiral™ Shares |
VWNAX |
|
Victory Sycamore Established Value Fund Class R6 |
VEVRX |
Please note that the DFA U.S. Small Cap Value Portfolio Institutional Class and the PRIMECAP Odyssey Growth Fund were included in the investment lineup in error. These two funds will not be part of the investment lineup.
Another Plan investment option
Once the quiet period has ended during the week of Jan. 26, 2025, all services will be available, including the ability to make investment changes within your account(s).
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INVESTMENT OPTION |
TICKER |
|
Vanguard Target Retirement 2070 Fund |
VSVNX |
Fidelity BrokerageLink®
The Plans will also offer Fidelity BrokerageLink®, which provides you with an opportunity to invest in a broad range of investment options beyond those offered directly through the Plans. BrokerageLink includes investments beyond those in your Plans’ lineup. You should compare investments and share classes that are available in your Plans’ lineup with those available through BrokerageLink, and determine the available investment and share class that is appropriate for your situation. The Plan fiduciary neither evaluates nor monitors the investments available through BrokerageLink. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance.
Self-directed brokerage transferring to Fidelity BrokerageLink®
When the market closes at noon CT on Dec. 24, 2024, EPIC Retirement will no longer be available. As a result, current account balances and future contributions held in self-directed brokerage will transfer to Fidelity BrokerageLink® on or about Jan. 2, 2025. You will receive a separate communication with the details on your brokerage account transfer.
^You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.