Retirement Plan Enhancements · Before 1949 TIAA-CREF Lifecycle Index 2010 1949-1953 TIAA-CREF Lifecycle Index 2015 1954-1958 TIAA-CREF Lifecycle Index 2020 1959-1963 TIAA-CREF Lifecycle

More information available at www.sehealthretirement.com

Products and financial services provided by American United Life Insurance Company®, a OneAmerica® company

Retirement Plan Enhancements2017 SoutheastHEALTH

Prepare for the next chapter in life The Difference is How You’re Treated

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WHAT’S HAPPENING?

This notice is being sent to you to advise you of important upcoming changes to the SoutheastHEALTH 403(b) Retirement Plan (the “Plan”). Following a recent review by SoutheastHEALTH, changes will be made to the Plan’s current investment fund line up beginning in March 2017. Enhancements to the retirement program will include the addition of several new lower cost investment fund options, including a new suite of target date funds, and the elimination of certain investment fund options.

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2017 Retirement Plan Enhancements

3/20/2017

New investment options added to the plan

4/3/2017

Map money from current investment models to age appropriate target date fund

4/6/17

Map money from current investment options to new investment options

CRITICAL DATES

WHY THE CHANGE?SoutheastHEALTH is committed to providing you with high-quality workplace benefits. We continuously review all of our benefit programs to ensure our employees have access to competitive and affordable benefit programs; including retirement benefits. As a result of our most recent review of the Plan, we will be undertaking further Plan enhancements that will include the replacement of several investment fund options with new lower cost investment fund options, including a new suite of target date funds, and the elimination of the customized model portfolios. These changes are designed to further reduce overall plan operating costs and may enhance the return profile for plan participants.

WHAT IS CHANGINGSeveral of the Plan’s current investment fund options will be replaced with lower cost fund options in accordance with the chart on the following page.

Resources are available at www.sehealthretirement.com to learn more.

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INCOME

$Note: The dates on the timeline are for planning purposes but are subject to change.

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Current investment options > New investment optionsCurrent investment option Expense ratio New investment option Expense ratio

MFS Val A 0.90% > MFS Value R6 0.51%

State Street Equity 500 Idx Adm 0.34% > Vanguard 500 Index Adm 0.05%

Fidelity VIP Contrafd Init 0.63% > Fidelity VIP Contrafd Init 0.63%

MFS Mass Invs Grth Stk R3 0.74% > Fidelity VIP Contrafd Init 0.63%

AmerCent MidCap Val Inv 1.01% > Vanguard Mid Cap Index Adm 0.08%

Columbia MidCap Indx A 0.64% > Vanguard Mid Cap Index Adm 0.08%

Parnassus MidCap NL 1.07% > Vanguard Mid Cap Index Adm 0.08%

Prudential Jenn Midcap Grth Z 0.75% > Vanguard Mid Cap Index Adm 0.08%

AllianzGI NFJ SmCap Val Adm 1.12% > AllianzGI NFJ SmCap Val R6 0.77%

Columbia SmCap Indx A 0.45% > Vanguard Small Cap Index Adm 0.08%

Lord Abbett Dev Grth A 0.98% > Janus Triton Fund N 0.67%

Oppenheimer Dev Mkt Fd Y 1.06% > Oppenheimer Dev Mkt Fd I 0.88%

AmerFds EuroPac Grth R4 0.85% > AmerFds EuroPac Grth R6 0.50%

AmerFds New Perspective R4 0.79% > AmerFds New Perspective R6 0.45%

Pioneer Bond Y 0.58% > Vanguard Total Bond Mkt Index Adm 0.06%

Prudential Total Return Bond Z 0.56% > Prudential Total Return Bond Q 0.43%

Templeton Global Bond A 0.91% > Templeton Global Bond R6 0.50%

Payden Emerging Mkts Bond NL 0.76% > Templeton Global Bond R6 0.50%

Prudential High-Yield Z 0.58% > Vanguard High-Yield Corp Admin 0.13%

PIMCO Real Return Adm 0.83% > PIMCO Real Return Inst 0.45%

Prudential Global RealEstate Z 0.97% > Prudential Global RealEstate Q 0.80%

AUL Fixed Account 0.55% > AUL Fixed Account 0.55%

Alternate Fixed Account 0.55% > Alternate Fixed Account 0.55%

Janus Aspen Balanced S 0.89% > American Funds Balanced R6 0.29%

AmerCent One Choice 2020 Inv 0.79% > TIAA-CREF Lifecycle Index 2020 Instl 0.10%









AmerCent One Choice In Ret Inv 0.79% > TIAA-CREF Lifecycle Index Ret Inc Instl 0.10%

If you are invested in any of the current investment fund options that are subject to replacement, your account balances as well as future contributions to those funds will automatically be transferred to the new investment options as highlighted above. The transfer will take place on April 6, 2017.

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What’s happening to the Custom Model Portfolios?Upon completion of our benefit plan review, the decision was made to eliminate the custom model portfolios as a service offering to Plan participants. The custom model portfolios were designed to allow electing participants, for an incremental quarterly fee, to select from one of five different customized portfolios based on a set of risk factors. The five custom model portfolios currently offered are as follows: Conservative Income, Income, Conservative Growth, Growth, and Aggressive Growth. Each of the model portfolios are constructed using varying combinations of the investment options contained in the Plan’s current fund line up.

As a replacement for the custom model portfolios, we will add new age-based target date retirement investment options. Existing balances as well as any future contributions to the custom model portfolios will be automatically transferred to a new age-based target-date investment fund at the transfer date. Target-date funds are professionally managed funds that automatically reset the portfolio asset mix of stocks, bonds and cash equivalents to become more conservative over a selected time frame as you approach your retirement date.

Questions? Visit us online at www.sehealthretirement.com or call 1-800-249-6269 to learn more and access your account today!

Existing balances and future contribution elections to the custom model portfolios will be transferred to the age appropriate target date investment option in accordance with the chart below:

Age-based target-date investment options scheduleDate of birth year TIAA-CREF Lifecycle

Index Fund

Before 1949 TIAA-CREF Lifecycle Index 2010

1949-1953 TIAA-CREF Lifecycle Index 2015









1994-present TIAA-CREF Lifecycle Index 2060

If you are invested in any one of the five custom model portfolios, your assets will automatically transfer to the age appropriate target date investment option as highlighted above. The transfer will take place on April 3, 2017.

Note: Target Date Funds are designed for people who plan to retire and begin taking withdrawals during or near a specific year. These funds use a strategy that reallocates equity exposure to a higher percentage of fixed investments; the funds will shift assets from equities to fixed-income investments over time. As a result, the funds become more conservative over time as you approach retirement. It’s important to remember that no strategy can assure a profit or prevent a loss in a declining market and the principal value of the Target Date Funds is not guaranteed at any time, including the target date. Target Date Funds are designed to provide diversification and asset allocation across several types of investments and asset classes, primarily by investing in underlying funds. Therefore, in addition to the expenses of the Target Date Funds, an investor is indirectly paying a proportionate share of the applicable fees and expenses of the underlying funds. The principal amounts invested into these funds are not guaranteed at any point and may lose value.

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NEXT STEPS?No action is required on your part; however, you may want to revisit your investing strategies to make sure they are appropriate for your retirement savings goals. Any balances that remain in those investment fund options that are subject to being replaced will be automatically transferred to the new investment fund options at the transfer date as more fully described above.

If you would prefer to invest your future contributions or current balances differently after the transfers to the new investment options are complete, you may do so by contacting OneAmerica via our website at www.sehealthretirement.com or by calling 1-800-249-6269 (Plan Number G62256).

Questions?We will be hosting several on-site education seminars from February 8, 2017 through February 17, 2017 to discuss the forthcoming Plan changes and answer any questions that you may have. We strongly encourage you to attend one of these information sessions. For additional infomration please contact Jennifer Dye ([email protected]).

Note: OneAmerica is the marketing name for the companies of OneAmerica. Group annuity contracts are issued by American United Life Insurance Company (AUL) and registered variable annuity products are distributed by OneAmerica Securities, Inc., Member FINRA, SIPC, a Registered Investment Advisor, 433 N. Capitol Ave., Indianapolis, IN 46204, 1-877-285-3863.

This material is provided for overview or general informational purposes only. This is not to be considered, or intended to be legal, investments, or tax advice. Changes in the tax law may affect the information provided. Investors should consult with their legal or tax advisors for personalized assistance, including any specific state law requirements.

Retirement plans from American United Life Insurance Company®(AUL) are funded by an AUL group annuity contract. While a participant in an annuity contract may benefit from additional investment and annuity related benefits under the annuity product, any tax deferral is provided by the plan and not the annuity contract.

Investing involves risk which includes potential loss of principal.

Variable products are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained from your investment professional or by writing to 433 N. Capitol Ave., Indianapolis, IN 46204, 1-800-249-6269. Before investing, carefully consider the fund’s investment objectives, risks, charges, and expenses. The product prospectus and underlying fund prospectus contain this and other important information. Read the prospectuses carefully before investing.

TIAA-CREF is not an affiliate of AUL and is not a OneAmerica company.

Funds investing in stocks of small, mid-sized, and emerging companies may have less liquidity than those investing in larger, established companies and may be subject to greater price volatility and risk than the overall stock market. Investing in international markets involves risks not associated with investing solely in the U.S., such as currency fluctuation, potential political and diplomatic instability, liquidity risks, and differences in accounting, taxes, and regulations. Bond funds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds owned by the fund. Funds that invest in high-yield bonds are subject to greater credit risk and price fluctuations than funds that invest in investment grade bonds.

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NOTES

American United Life Insurance Company®a OneAmerica® companyOne American Square, P.O. Box 368Indianapolis, IN 46206-0368 1-800-249-6269www.oneamerica.com

About OneAmerica®

A national leader in the insurance and financial services marketplace for 140 years, the companies of OneAmerica help customers build and protect their financial futures.

OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset based long-term care solutions and employee benefit plan products.

Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources that are committed to providing value to our customers.

To learn more about our products, services and the companies of OneAmerica, visit OneAmerica.com/companies.

© 2017 OneAmerica Financial Partners, Inc. All rights reserved. OneAmerica® and the OneAmerica banner are all registered trademarks of OneAmerica Financial Partners, Inc.

R-29502 01/25/17

Documents

Retirement Plan Enhancements · Before 1949 TIAA-CREF Lifecycle Index 2010 1949-1953 TIAA-CREF Lifecycle Index 2015 1954-1958 TIAA-CREF Lifecycle Index 2020 1959-1963 TIAA-CREF Lifecycle