A F U L LY D E L E G AT E D S O L U T I O N : 3(1 6) A N D 3(3 8) F I D U C I A R Y S E R V I C E S

Defined Contribution (DC) plan sponsors are looking for ways to reduce responsibilities that come with plan management and improve outcomes for their participants. However, this can be a difficult task — especially for small and midsize businesses, which may have limited resources or expertise in DC plan management.

Mercer Wise 401(k)SM solves significant problems for both plan sponsors and plan participants.

M E R C E R ’ S L A R G E M A R K E T E X P E R T I S E E L E VAT E S S U C C E S S F O R S M A L L A N D M I D S I Z E P L A N S

M E R C E R W I S E 4 0 1 ( K ) S O L V E S S I G N I F I C A N T P R O B L E M S F O R B O T H P L A N S P O N S O R S A N D P L A N P A R T I C I P A N T S

FOR PLAN SPONSORS FOR PLAN PARTICIPANTS

FOR BOTH

R E D U C E S A D M I N I S T R A T I V E W O R K L O A D

M I N I M I Z E S F I C U C I A R Y R I S K

G R E A T E RT R A N S P A R E N C Y

S I G N I F I C A N T L Y R E D U C E S

F E E S

B E T T E RO U T C O M E S

S I M P L I F I E D & H I G H L Y R A T E D I N V E S T M E N T

O P T I O N S

M E R C E R ’ S L A R G E M A R K E T E X P E R T I S E A N D B U Y I N G P O W E R E L E V A T E S S U C C E S S F O R S M A L L A N D M I D S I Z E P L A N S

I N C L U D I N G 1 4 5 + M A N A G E R R E S E A R C H E R S

1,300+ I N V E S T M E N T

S TA F F

D I S C R E T I O N A R Y I N V E S T M E N T

M A N A G E M E N T E X P E R I E N C E

20 Y E A R S

A S S E T S U N D E RA D V I S E M E N T 3

$10.9 T R I L L I O N

C O N S U L T A N T B Y G L O B A L A S S E T S U N D E R

A D V I S E M E N T 1

O U T S O U R C E D C I O M A N A G E R G L O B A L L Y 2

#1

D I S C R E T I O N A R Y I N V E S T M E N T

C L I E N T S

1040+

I N A S S E T S U N D E R M A N A G E M E N T 3

$213+ B I L L I O N

H E A LT H W E A LT H C A R E E R

M E R C E R W I S E 4 0 1(K) :S M T H E F U T U R E O F R E T I R E M E N T P L A N M A N A G E M E N T F O R T H E M I D - M A R K E T

The information above is as of December 31, 2017 and includes worldwide personnel, assets under management, and assets under advisement across Mercer’s Investment Consulting business and Fiduciary Management business.1 Pensions & Investments. Pensions & Investments Survey, 30 September 2016. 2 Chief Investment Officer. “2017 Outsourced-Chief Investment Officer Buyer’s Guide,” available at http://www.ai-cio.com/2017-Outsourced- Chief-Investment-Officer-Buyers-Guide; Mercer assets-under-management data as of June 30 2017. 3 Please see “Important Notices” for further information on assets under management and assets under advisement.

References to Mercer shall be construed to include Mercer LLC and/or its associated companies.

© 2018 Mercer LLC. All rights reserved.

This contains confidential and proprietary information of Mercer and is intended for the exclusive use of the parties to whom it was provided by Mercer. Its content may not be modified, sold or otherwise provided, in whole or in part, to any other person or entity without Mercer’s prior written permission.

Mercer does not provide tax or legal advice. You should contact your tax advisor, accountant and/or attorney before making any decisions with tax or legal implications.

This does not constitute an offer to purchase or sell any secu-rities.

The findings, ratings and/or opinions expressed herein are the in-tellectual property of Mercer and are subject to change without notice. They are not intended to convey any guarantees as to the future performance of the investment products, asset classes or capital markets discussed.

For Mercer’s conflict of interest disclosures, contact your Mer-cer representative or see www.mercer.com/conflictsofinterest.

This does not contain investment advice relating to your par-ticular circumstances. No investment decision should be made based on this information without first obtaining appropriate professional advice and considering your circumstances.

Information contained herein may have been obtained from a range of third party sources. While the information is believed to be reliable, Mercer has not sought to verify it independent-ly. As such, Mercer makes no representations or warranties as to the accuracy of the information presented and takes no responsibility or liability (including for indirect, consequential, or incidental damages) for any error, omission or inaccuracy in the data supplied by any third party.

Past performance is no guarantee of future results. The value of investments can go down as well as up, and you may not get back the amount you have invested. Investments denominated in a foreign currency will fluctuate with the value of the currency. Certain investments, such as securities issued by small capital-ization, foreign and emerging market issuers, real property, and illiquid, leveraged or high-yield funds, carry additional risks that should be considered before choosing an investment manager or making an investment decision.

The assets under advisement data (Data) reported here include aggregated Data for Mercer Investment Consulting LLC and its affiliated companies globally (Mercer). The Data have been derived from a variety of sources, including, but not limited to, third-party custodians or investment managers, regulatory fil-ings, and client self-reported data. Mercer has not independently verified the Data. Where available, the Data are provided as of the date indicated (the Reporting Date). To the extent information was not available as of the Reporting Date; information from a date closest in time to the Reporting Date, which may be of a date more recent in time than the Reporting Date, was included in the Data. The Data include assets of clients that have engaged

Mercer to provide project-based services within the 12-month period ending on the Reporting Date, as well as assets of clients that subscribe to Mercer’s Manager Research database delivered through the MercerInsight® platform. The assets under man-agement data reported here include aggregate data for Mercer Investment Management, Inc. and its affiliated fiduciary manage-ment businesses globally as of the dates indicated.

Investment management and advisory services for U.S. clients are provided by Mercer Investment Management, Inc. (MIM) and Mer-cer Investment Consulting LLC (MIC). MIM and MIC are federally registered investment advisers under the Investment Advisers Act of 1940, as amended. Registration as an investment adviser does not imply a certain level of skill or training. The oral and writ-ten communications of an adviser provide you with information about which you determine to hire or retain an adviser. MIM and MIC’s Form ADVs Part 2A & 2B can be obtained by written request directed to: Compliance Department, Mercer Investments, 701 Market Street, Suite 1100, St. Louis, MO 63101.

The Mercer colleague who provided this brochure is an affiliated solicitor of Mercer’s regulated investment advisers, and as such is authorized to provide client referrals in ac cordance with Rule 206(4)-3 of the Investment Advisers Act of 1940. The affiliated solicitor may be paid for referring you to Mercer’s investment advisers. If you have any questions about this compensation arrangement, please contact Mercer’s North American Chief Compliance Officer at 617 747-9205. The affiliated solicitor is not authorized to discuss specific investment products, services or discuss specific attri butes or merits of any particular investment or provide investment advice.

I M P O R T A N T N O T I C E S

22643-IC

A S A N A M E D F I D U C I A R Y A N D P L A N A D M I N I S T R AT O R , M E R C E R P R O V I D E S VA L U A B L E T I M E - S AV I N G S E R V I C E S T O O U R C L I E N T S

M E R C E R W I S E 4 0 1 ( K) I S A S M A R T E R S O L U T I O N T H AT A S P I R E S T O D E L I V E R B E T T E R O U T C O M E S F O R A L L

A S A N A M E D F I D U C I A R Y A N D P L A N A D M I N I S T R A T O R , M E R C E R P R O V I D E S V A L U A B L E T I M E - S A V I N G S E R V I C E S T O O U R C L I E N T S

R E S O L V E Q U E S T I O N S O F P L A N

I N T E R P R E T A T I O N & A N Y Q U E R I E S

O R C O M P L A I N T S

C O N D U C T C O M P L I A N C E T E S T I N G & O V E R S E E A C C U R A C Y O F P L A N

R E C O R D S

O V E R S E E C O N T R I B U T I O N S &

D I S T R I B U T I O N S , I N C L U D I N G

A L L R E Q U R E D N O T I C E S

P R E P A R E , S I G N A N D F I L E

5 5 0 0 / 8 9 5 5 S S A

T R A N S I T I O N M A N A G E M E N T

P L A N O P E R A T I O N S A N D C O M P L I A N C E

P O R T F O L I O M A N A G E M E N T

A C T A S N A M E D F I D U C I A R Y U N D E R

E R I S A

C O N T A C T U S :Contact your Mercer consultant or visit info.mercer.com/mercerwise-401k.html to learn more.

M E R C E R W I S E 4 0 1 (K) I S A S M A R T E R S O L U T I O N T H A T A S P I R E S T O D E L I V E R B E T T E R O U T C O M E S F O R A L L

R E D U C E R I S K A N D L I A B I L I T Y

E L I M I N A T E A D M I N I S T R A T I V E

B U R D E N

R E D U C E C O S T

B E T T E R P A R T I C I P A N T

O U T C O M E S