The goals, strategies and risks vary among the investment options offered in the Plan. You can invest in any combination of investments, keeping in mind that by spreading your investments over a combination of the options, or by selecting one of the Profile Portfolios, you have the opportunity to create a diversified investment portfolio that addresses your current situation and future goals.

• Find out more about each of the available funds by clicking on an investment option below.
• You may also learn about the performance of the funds by going to Fund Performance.
• To help determine your investor style, try the What Type of Investor Are You Quiz

Fund Transfer Restrictions

• Direct transfers are not allowed from the Stable Value option to the FDIC Insured Savings Account.
• Transfers into FDIC Insured Savings Account are not permitted for 90 days after a transfer out of Stable Value.
• Transfers out of Stable Value are not permitted for 90 days after a transfer is made into the FDIC Insured Savings Account.

Profile Portfolios

If you don’t have the time or desire to select individual investment options and continuously monitor the investment mix on your own, consider the Profile Portfolios. Following is a summary of how the Portfolios work; to learn more refer to the Profile Portfolio article, found under Publications.

The Profile Portfolios are risk-based asset allocation funds distinguished by their risk level. Each Portfolio automatically spreads your contributions over a broad range of asset classes (which may include stable value, bonds, large company stocks, small-company stocks and international stocks) in varying percentages. What distinguishes each is the percent of each asset class relative to the “risk profile” of the Portfolio: ultra-conservative, conservative, moderate, aggressive, ultra-aggressive. You choose the risk level you’re most comfortable with:

Asset Allocation

• Ultra Conservative Portfolio
• Conservative Portfolio
• Moderate Portfolio
• Aggressive Portfolio
• Ultra Aggressive Portfolio

Core Funds

If you like to manage your own portfolio, with the Core Funds you choose from a selection of cash, bond, and stock investment funds to create an investment mix that fits your time horizon and risk tolerance. You then make changes to your mix as needed over time.

Stability of Principal

• FDIC Insured Savings Account
• Stable Value

Bond

• DCP Bond Fund

Large Cap Value/Blend

• DCP Large Cap Fund

Small/Mid/Specialty

• DCP Mid Cap Fund
• DCP Small Cap Fund

Global/International

• DCP International Fund

Schwab Personal Choice Retirement Account (PCRA) – a self-directed brokerage option

The self-directed brokerage option is offered through Schwab (Member SPIC). Named the Schwab Personal Choice Retirement Account® (PCRA), a brokerage account is for knowledgeable investors who acknowledge and understand the risks associated with many of the investment choices available through the Schwab PCRA including the ability to invest in most any New York Stock Exchange, American Stock Exchange and NASDAQ listed stocks, most ETFs*, corporate and government bonds, and registered mutual funds including no transaction fee and no-load funds**.

To invest in the PCRA, you must initially transfer money from your core investments into the PCRA.

• Transfers into the brokerage account will not be allowed unless you have opened an account with Schwab.
• The minimum initial transfer is $1,000 and a minimum of $2,500 must remain in your core funds.
• If you wish to invest before-tax and Roth after-tax balances in the brokerage feature, you will need to open two PCRAs (one for each contribution type).
• There is an annual $50 fee per PCRA to maintain a brokerage account in addition to charges for the investments you choose as well as transaction fees.

For more information about the brokerage account, view the "PCRA Overview." In addition, you can go to the Schwab PCRA website www.schwab.com or by calling the dedicated PCRA Call Center at (888) 393-7272.

For more information regarding trading fees and expenses in connection with this account, please refer to the Schwab PCRA Pricing Guide located at: https://www.schwab.com/resource/pcra-pricing-summary.

You must complete a Schwab application to set up a separate SDBA account before you can trade. To complete your application, follow the steps below:

• Go to the Self-Directed Brokerage Account tab, select Open Account
• Read and agree to the Terms and Conditions.
• Follow the steps to complete the online Roth or Non-Roth PCRA Application
• Once your brokerage account is opened, you may make your initial transfer and subsequent transfers through the "Manage Investments" section of this Web site and by selecting "Fund Transfer."
• To transact within your brokerage account, you can access your PCRA directly from this website or you can access your account by calling Schwab directly at 888-393-PCRA (888-393-7272) from 9:00 a.m. to 7:30 p.m., ET / 6:00 a.m. to 4:30 p.m., PT, Monday-Friday, except for New York Stock Exchange holidays.

You should be an experienced investor with a full understanding of investment types, risk and diversification, since you will be making your own investment decisions.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading policies, charges, and expenses. You can request a prospectus by calling Schwab’s dedicated PCRA Call Center at 888-393-PCRA (888-393-7272). You may also request a prospectus online at www.schwab.com/prospectus. Please read the prospectus carefully before investing.

Brokerage Services provided by Schwab, member FINRA/SIPC/NFA. Used with permission.

* Before investing in an exchange-traded fund (ETF) or a mutual fund, be sure to carefully consider the investment objectives, risks, charges and expenses. To trade commission-free ETFs, you must be enrolled in the program. If you trade eligible ETFs within the 30-day hold period, short-term trading fees will apply. Particular commission-free ETFs may not be appropriate investments for all investors, and there may be other ETFs or investment options that are more suitable.

** No-transaction-fee (NTF) mutual funds are no-load mutual funds for which Schwab does not charge a transaction fee. NTF funds have other fees and expenses that apply to a continued investment in the fund and are described in the prospectus. Funds held 90 days or less may be subject to a short-term redemption fee. This fee is in addition to any applicable transaction fees or fees addressed in the fund's prospectus.