What's Changing?

The AURA Retirement Plan Oversight Committee worked with an independent consultant, Multnomah Group, to help develop a streamlined menu of investment options.

The new investment menu is intended to simplify the asset allocation process, provide balanced options within a reasonable number of funds and assist participants with making their fund selections. For details of the new investments, click here.

Here is what you need to do

Start Today!

• Review the New Investment Lineup
• Review your Transition BrochureLog In Required to see how your current investments will be affected and other highlights of the Plans.
• Make changes to your investments if necessary by calling 800-343-0860 or logging into NetBenefits.com/AURA.
• Set up your online account if you have not done so already by going to NetBenefits.com/AURA. Click here for step-by-step instructions.

Beginning July 7, 2017, you will be able to log into NetBenefits.com/AURA to complete the following tasks:

• Change your investments using the new fund lineup.
• Update your beneficiaries online.

July 13, 2017

This is the last day to make contribution amount changes or vendor elections via paper form through your Human Resources Office.

July 14, 2017 - August 1, 2017

No contribution amount changes can take place during this time.

Beginning August 1, 2017, you will be able to:

• Change your contribution amount online.

Starting August 1, 2017, Fidelity Investments^® will be the exclusive service provider for the AURA Retirement Savings Plans.

Your retirement savings plan is an important benefit, so you need the right information, resources, and support to help you make decisions with confidence. With more than 65 years of financial services experience, Fidelity can help you put a plan in place that balances the needs of your life today with your retirement vision for tomorrow.

Here is what you need to do

Beginning July 7, 2017

• Review the New Investment Lineup
• Make your investment elections by calling Fidelity at 800-343-0860 or going to NetBenefits.com/AURA.
• Set up your online account. Click here for instructions. At NetBenefits.com/AURA you can:
  - Choose your investments
  - Assign your beneficiaries. Beneficiaries on file at TIAA will NOT transfer to Fidelity Investments
  - Update your mail preferences
  
• Review your Transition BrochureLog In Required for more details.

July 13, 2017

This is the last day to make contribution amount changes or vendor elections via paper form through your Human Resources Office.

July 14, 2017 - August 1, 2017

No contribution amount changes can take place during this time.

August 1, 2017
All services are live. You can now:

• Enroll in the plan online (if you are not currently enrolled)
• Make contribution amount changes
• Change your investments

August 4, 2017

Your contributions will be directed to Fidelity starting with this paycheck.

Key Dates* You'll Want To Know

Please reach out to your local Human Resources Department for an updated listing of Open Forums and onsite appointment dates.

*The timing of the plan changes and transition period, including any asset reallocations, described within this brochure depends on a variety of factors, which may include the timing and accuracy of the transfer of data, receipt of instructions, and receipt of assets. Changes in any of these factors may result in changes to the timing of the delivery of services, the transition period, and/or the dates on which, and thus the prices at which, assets in your account are sold and/or reinvested.

Investment Lineup Beginning July 7, 2017

To simplify your choices, the Committee has created the following four-tiered investment lineup.

The new investment lineup will be available on July 7, 2017. There will be four tiers of investment options within the lineup so you can easily create an investment mix to help you meet your retirement goals and investing style and needs. You do not need to choose from just one category; you may invest using any or all of these categories.

Tier 1: Target Date Funds

Target date funds are mutual funds that automatically reset the asset mix of stocks, bonds, and cash equivalents in their portfolios based on an anticipated retirement date. Their returns are not guaranteed, but depend on how the market performs.

Through the AURA Retirement Plans core fund line up, you have access to the Vanguard Target Retirement Date Funds. These are designed for investors expecting to retire around the year indicated in each fund's name. The funds are managed to gradually become more conservative over time as they approach the target date. The investment risk of each target date fund changes over time as its asset allocation changes. The funds are subject to the volatility of the financial markets, including that of equity and fixed-income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after the funds' target dates.

Tier 2: Passive Investments (Core Array)

Passively managed funds (also called index funds) are designed to mirror a market index or benchmark. These funds generally have lower fees than funds that are "actively managed," that is, funds that try to outperform - or beat - market returns, rather than just track them.

Ultimately, index funds are designed to provide exposure to a broad selection of securities at a relatively low cost. While these funds typically perform very similarly to the index they track, you should be aware that index funds cannot be expected to meet or beat the index's performance.

Tier 3: Actively Managed Funds (Extended Array)

Actively managed funds try to outperform comparable market indices or benchmarks. These funds are actively managed by a fund manager or team of managers who select the investments they think will deliver the best combination of risk and return. Actively managed funds often have higher fees than passively managed funds due to the level of involvement the fund manager has in maintaining the portfolio. These actively managed funds give you a great degree of flexibility and the ability to rebalance and manage the portfolio over time and as your situation changes.

The cost of actively managed funds may be higher than passively managed funds.

Tier 4: Fidelity Mutual Fund Window

A self-directed brokerage account combines the convenience of your retirement plan with the additional flexibility of an individual brokerage account. It gives you expanded mutual fund investment choices and the opportunity to manage your retirement contributions.

A self-directed brokerage account includes investments beyond those in your plan's lineup. The Retirement Plan Oversight Committee neither evaluates nor monitors the investments available through a self-directed brokerage account. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance. Contact Fidelity for a fact sheet and/or commission schedule for applicable fees and risks.

For more information, please visit NetBenefits.com or call Fidelity at 800-343-0860.

For more information on these options, please see the Investment Options Guide.

If you are a participant with a balance in a plan with Fidelity Investments, on July 7, 2017 at 4 p.m. Eastern time, your funds will map to the new investments listed on the right of the chart below.*

*The timing of the plan changes and transition period, including any asset reallocations, described within this brochure depends on a variety of factors, which may include the timing and accuracy of the transfer of data, receipt of instructions, and receipt of assets. Changes in any of these factors may result in changes to the timing of the delivery of services, the transition period, and/or the dates on which, and thus the prices at which, assets in your account are sold and/or reinvested.