What's Changing and Why?

Fidelity Investments will soon become the provider of recordkeeping services for the Novant Health Retirement Plus Plan. Inside this site are details about the transition, the changes coming your way, and how this will affect you, as well as action steps you may need to take.

Here is what you need to do

• Review the new investment lineup.
• Decide which investments are right for you and Make Your Elections from June 1 to June 30.
• Designate your beneficiaries. Beneficiary information currently on file at Novant Health will not transfer to Fidelity.

Key Dates You'll Want To Know

The timing of the Plan changes and transition period described in this brochure depends upon the timing and accuracy a variety of factors that may include 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.

Investments To Consider

Making Your Elections

During the election window from June 1 to June 30, 2016, you may choose how your existing account balances and future contributions will transfer to the Plan at Fidelity.

If no investment elections are made during the election window, your current account balances with Empower will be invested in a State Street Target Retirement Fund (Class K in the TDSP and Non-Lending Series Class M in the SSRP) that has a target retirement date closest to the year you might retire assuming a retirement age of 65.

The State Street Target Retirement Funds 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 retirement date. The investment risk of each State Street Target Retirement 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 target dates.

To make your elections:

Log on to Fidelity NetBenefits: Close this transition page pop-up with the X in the upper right corner and log into NetBenefits at the top of the page. If this is your first time using NetBenefits click on "Register" and follow the steps to establish a Username and Password.

Access the investments for your Plan: After logging in, select Change Investments from the Quick Links menu for the Plan in which you wish to make elections. Be sure to make elections for each plan in which you are enrolled.

Choose your elections for the asset transfer and future contributions: When you are ready to make your elections, choose the "Future Investments" option under the "Change Investments" tab. Then, choose the "Select Funds" option under the "Choose your Own Investments" box.

Select the investments in which you want to invest (total must equal 100%), then click "Accept Changes". You will then be taken back to the previous screen, where you will see your elections for the Early Choice Source. Click Next.

You may be asked to select a delivery option for prospectus delivery. Either indicate you have received the prospectus in the past 30 days or click View to review the prospectus for the options you have chosen online. To continue, click Next at the bottom of the screen.

Review your investment elections for the Early Choice and click Submit. You're all set! You may wish to print a copy of the confirmation screen for your records.

To designate your beneficiaries Click Profile at the top of the NetBenefits home page.

Then choose Beneficiaries from the About You menu. The system will guide you through the process to designate your beneficiaries for the Plans.