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TIAA Contract Type Comparisons

TIAA and Fidelity New Funds Fact Sheets October 15, 2018

We are pleased to provide you with the TIAA Contract Type Comparisons as well as the TIAA and

Fidelity New Fund Fact Sheets referenced in the October 15, 2018 RIT Fit for Retirement Update.

TIAA Fund Fact Sheets Page

Vanguard Total Bond Market Index Institutional (VBTIX) 4

Vanguard Institutional Index I (VINIX) 6

Vanguard Extended Market Index (VEXAX) 8

Vanguard Total Intl Stock Index Institutional (VTSNX) 10

Vanguard Federal Money Market (VMFXX) 12

Fidelity Fund Fact Sheets Page

American Funds EuroPacific Growth Fund Class R6 (RERGX) 14

Carillon Eagle Mid Cap Growth Fund Class R6 (HRAUX) 14

Carillon Eagle Small Cap Growth Fund Class R6 (HSRUX) 15

JP Morgan Mid Cap Value Fund Class R6 (JMVYX) 15

Massachusetts Financial Services (MFS) New Discovery Value Fund Class R6 (NDVVX)

15

Massachusetts Financial Services (MFS) Value Fund R6 (MEIKX) 16

Prudential Global Investment Management (PGIM) Total Return Bond Fund Class R6 (PTRQX)

16

Vanguard FTSE Social Index Fund Investor Shares (VFTSX) 17

TIAA Contract Type Comparisons Page

TIAA Account Comparison - Employer Contributions 2

TIAA Account Comparison - Employee Contributions 3

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Feature RA (old) RC (new)

TIAA Traditional Annuity guaranteed minimum rate

(All guarantees are subject to TIAA’s claims-paying ability.)

3% for all contributions, rollovers and transfers.

The balance in TIAA Traditional earns a total credited rate, which comprises a minimum guaranteed rate and, when declared, an additional amount rate. Any declared additional amount rate remains in effect until the following March 1. Additional amounts are not guaranteed for future years. Principal is always guaranteed.

A rate between 1% and 3% is set by formula, under the terms of the contract, each calendar year. This rate applies to contributions, rollovers and transfers made between January 1 and December 31. The rate continues to be applied toassets and contributions for at least 10years. The rate is based on the averagefive-year Constant Maturity TreasuryRate as reported by the FederalReserve.


TIAA Traditional Annuity guaranteed minimum rate for payout annuities

Based on 2.50% interest and a fixed-mortality table.

Based on 2.00% interest and a mortality table that is updated each year.

Participant transfers and cash withdrawals from TIAA Traditional Annuity

Made in 10 annual installments over nine years and one day. Lump-sum withdrawals and transfers are not available.

Made in 84 monthly payments. If plan permits, available in a lump sum within 120 days of terminating employment, subject to a 2.5% surrender charge.

Fixed-period annuity payment options

If the plan permits, fixed period payments of 2 to 30 years are available from the CREF annuity accounts and the TIAA Real Estate Account.

RA: Fixed-period payments are not available from TIAA Traditional.

Not available. However, systematic withdrawal arrangements can be set up for amounts needed at specified intervals.

Retirement Transition Benefit If the plan permits, participants can take a cash distribution up to 10% of the amount being converted to lifetime income.

If the plan permits, participants can take a cash distribution up to 10% of the amount being converted to lifetime income.

Employer transfer of annuity assets

Employers cannot transfer TIAA or CREF annuity assets to other investments.

Under the terms of a group custodial agreement, Employers may transfer the assets in the plan’s mutual funds.

Employers can transfer TIAA or CREF annuity assets to other investments, subject to contract provisions.

However, assets in TIAA Traditional can only be transferred over an 84-month period subject to a 1.5% surrender charge.


TIAA Account Comparison - Employer Contributions

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TIAA Account Comparison - Employee Contributions

Feature SRA/GSRA (old) RCP

TIAA Traditional Annuity guaranteed minimum rate (All guarantees are subject to TIAA’s claims-paying ability.)

3% for all contributions, rollovers and transfers.


A rate between 1% and 3% is set by formula, under the terms of the contract, each March 1 for contributions, rollovers and transfers made through the last day of the following February. The rate is established each year for all assets and contributions. The rate is based on the average five-year Constant Maturity Treasury Rate as reported by the Federal Reserve.


TIAA Traditional Annuity guaranteed minimum rate for payout annuities

Based on 2.50% interest and a fixed-mortality table.

Based on 2.00% interest and a mortality table that is updated each year.

Participant transfers and cash withdrawals from TIAA Traditional Annuity

Lump-sum withdrawals and transfers available from TIAA Traditional without restrictions or charges.

Lump-sum withdrawals and transfers are available from TIAA Traditional without surrender charges. For certain RCP contracts, 90day equity wash applies if competing funds exist (e.g., money market, short-term bond, self-directed brokerage accounts or the TIAA Real Estate Account). Transfers from TIAA Traditional can only be made to non-competing funds. Amount must remain in non-competing funds for 90 days before transferring to competing funds.

Fixed-period annuity payment options

SRA: Upon termination, fixed-period payments of 2 to 30 years are available from all annuity accounts.

GSRA: Upon termination, fixed-period annuities of 5 to 30 years are available from all annuity accounts. The fixed period cannot exceed a participant’s life expectancy as determined by the Internal Revenue Service.

Not available. However, systematic withdrawal arrangements can be set up for amounts needed at specified intervals.

Retirement Transition Benefit Not applicable Not applicable

Employer transfer of annuity assets

Employers cannot transfer TIAA or CREF annuity assets to other investments.


Employers can transfer TIAA or CREF annuity assets to other investments, subject to contract provisions.

However, assets in TIAA Traditional can only be transferred over an 84-month period subject to a 1.5% surrender charge.


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Fact sheet | June 30, 2018

Vanguard Total Bond Market Index FundBond fund | Institutional Shares

Risk levelLow High

Total netassets

Expense ratio as of 04/26/18

Tickersymbol

Turnover rateas of 12/31/17

Inceptiondate

Fundnumber

1 2 3 4 5 $39,557 MM 0.04% VBTIX 54.6% 09/18/95 0222

$14,515 Fund as of 12/31/17

$14,600 Benchmark as of 12/31/17

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund 5.19 6.09 6.58 7.72 4.18 -2.14 5.91 0.41 2.61 3.57

Benchmark 5.24 5.93 6.58 7.92 4.32 -1.97 5.85 0.44 2.75 3.63

Benchmark

Spliced BloomBarc USAgg Flt AdjIx

Investment objective

Vanguard Total Bond Market Index Fund seeksto track the performance of a broad,market-weighted bond index.

Investment strategy

The fund employs an indexing investmentapproach designed to track the performance ofthe Bloomberg Barclays U.S. Aggregate FloatAdjusted Bond Index. This index measures awide spectrum of public, investment-grade,taxable, fixed income securities in the UnitedStates—including government, corporate, andinternational dollar-denominated bonds, as wellas mortgage-backed and asset-backedsecurities, all with maturities of more than 1year. The fund invests by sampling the index,meaning that it holds a range of securities that,in the aggregate, approximate the full index interms of key risk factors and othercharacteristics. All of the fund’s investments willbe selected through the sampling process, andat least 80% of the fund’s assets will beinvested in bonds held in the index. The fundmaintains a dollar-weighted average maturityconsistent with that of the index, which currentlyranges between 5 and 10 years.

For the most up-to-date fund data,please scan the QR code below.

Spliced BloomBarc USAgg Flt AdjIx: Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009;Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.

F0222 062018

Growth of a $10,000 investment : January 31, 2008—December 31, 2017

Annual returns

Periods ended June 30, 2018

Quarter Year to date One year Three years Five years Ten years

Fund -0.17% -1.64% -0.52% 1.68% 2.21% 3.68%

Benchmark -0.20% -1.67% -0.45% 1.74% 2.26% 3.74%

The performance data shown represent past performance, which is not a guarantee of futureresults. Investment returns and principal value will fluctuate, so investors’ shares, when sold,may be worth more or less than their original cost. Current performance may be lower or higherthan the performance data cited. For performance data current to the most recent month-end,visit our website at vanguard.com/performance.Figures for periods of less than one year are cumulative returns. All other figures represent averageannual returns. Performance figures include the reinvestment of all dividends and any capital gainsdistributions. All returns are net of expenses.

Total returns

Distribution by issuer–bonds

Treasury/Agency 42.7%Government Mortgage-Backed 21.8Industrial 16.7Finance 8.8Foreign 5.4

Utilities 2.0Commercial Mortgage-Backed 1.9Asset-Backed 0.5Other 0.2

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Vanguard Total Bond Market Index Fund

Bond fund | Institutional Shares

Connect with Vanguard ® > vanguard.comPlain talk about riskAn investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within awide range, like the fluctuations of the overall bond market. The fund’s performance could be hurt by: Interest rate risk: The chance that bond prices will decline because of rising interest rates. Interest rate risk should be moderate for the fund because itinvests primarily in short- and intermediate-term bonds, whose prices are less sensitive to interest rate changes than are the prices of long-term bonds.Income risk: The chance that the fund’s income will decline because of falling interest rates.Prepayment risk: The chance that during periods of falling interest rates, homeowners will refinance their mortgages before their maturity dates, resulting inprepayment of mortgage-backed securities held by the fund. The fund would then lose any price appreciation above the mortgage’s principal and would beforced to reinvest the unanticipated proceeds at lower interest rates, resulting in a decline in the fund’s income.Extension risk: The chance that during periods of rising interest rates, certain debt obligations will be paid off substantially more slowly than originallyanticipated, and the value of those securities may fall. For funds that invest in mortgage-backed securities, extension risk is the chance that during periods ofrising interest rates, homeowners will prepay their mortgages at slower rates.Credit risk: The chance that a bond issuer will fail to pay interest or principal in a timely manner or that negative perceptions of the issuer’s ability to make suchpayments will cause the price of that bond to decline. Credit risk should be low for the fund because it purchases only bonds that are of investment-gradequality.Call risk: The chance that during periods of falling interest rates, issuers of callable bonds may call (redeem) securities with higher coupon rates or interestrates before their maturity dates. The fund would then lose any price appreciation above the bond’s call price and would be forced to reinvest the unanticipatedproceeds at lower interest rates, resulting in a decline in the fund’s income.Index sampling risk: The chance that the securities selected for the fund, in the aggregate, will not provide investment performance matching that of theindex. Index sampling risk for the fund should be low.

Note on frequent trading restrictionsFrequent trading policies may apply to those funds offered as investment options within your plan. Please log on to Vanguard.com for your employer plans orcontact Participant Services at 800-523-1188 for additional information.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS® is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and itsaffiliates, including Bloomberg Index Services Limited (”BISL”) (collectively, ”Bloomberg”), or Bloomberg’s licensors own all proprietary rights in the Bloomberg Barclays Indices. The products are notsponsored, endorsed, issued, sold or promoted by “Bloomberg or Barclays”. Bloomberg and Barclays make no representation or warranty, express or implied, to the owners or purchasers of theproducts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Bloomberg Barclays Indices to track general bondmarket performance. Neither Bloomberg nor Barclays has passed on the legality or suitability of the products with respect to any person or entity. Bloomberg’s only relationship to Vanguard and theproducts are the licensing of the Bloomberg Barclays Indices which are determined, composed and calculated by BISL without regard to Vanguard or the products or any owners or purchasers of theproducts Bloomberg has no obligation to take the needs of the products or the owners of the products into consideration in determining, composing or calculating the Bloomberg Barclays Indices.Neither Bloomberg nor Barclays is responsible for and has not participated in the determination of the timing of, prices at, or quantities of the products to be issued. Neither Bloomberg nor Barclays hasany obligation or liability in connection with the administration, marketing or trading of the products.

For more information about Vanguard funds or to obtain a prospectus, see below for which situation is right for you.If you receive your retirement plan statement from Vanguard or log on to Vanguard’s website to view your plan, visit vanguard.com or call 800-523-1188.If you receive your retirement plan statement from a service provider other than Vanguard or log on to a record keeper’s website that is not Vanguard to viewyour plan, please call 855-402-2646. Visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and otherimportant information about a fund are contained in the prospectus; read and consider it carefully before investing.

Financial advisor clients: For more information about Vanguard funds, contact your financial advisor to obtain a prospectus.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

© 2018 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. F0222 062018

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Vanguard Institutional Index FundDomestic stock fund | Institutional Shares

Risk levelLow High

Total netassets


Tickersymbol


Inceptiondate

Fundnumber

1 2 3 4 5 $125,168 MM 0.035% VINIX 5.2% 07/31/90 0094

$24,050 Fund as of 12/31/17


2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund -36.95 26.63 15.05 2.09 15.98 32.35 13.65 1.37 11.93 21.79

Benchmark -37.00 26.46 15.06 2.11 16.00 32.39 13.69 1.38 11.96 21.83

Benchmark

S&P 500 Index


Vanguard Institutional Index Fund seeks to trackthe performance of a benchmark index thatmeasures the investment return oflarge-capitalization stocks.

Investment strategy

The fund employs an indexing investmentapproach designed to track the performance ofthe Standard & Poor’s 500 Index, which isdominated by the stocks of large U.S.companies. The fund attempts to replicate thetarget index by investing all, or substantially all,of its assets in the stocks that make up theindex.


S&P 500 Index: A widely used barometer of U.S. stock market performance; as a market-weighted index of leadingcompanies in leading industries, it is dominated by large-capitalization companies.

F0094 062018


Annual returns



Fund 3.42% 2.63% 14.33% 11.90% 13.39% 10.17%

Benchmark 3.43% 2.65% 14.37% 11.93% 13.42% 10.17%


Total returns

Top sector holdings–stocks

Information Tech 26.0%Health Care 14.1Financials 13.8Consumer Discretionary 12.9Industrials 9.6

Consumer Staples 6.9Energy 6.3Real Estate 2.9Utilities 2.9Materials 2.6

Sector categories are based on the Global Industry Classification Standard (“GICS”), exceptfor the “Other” category (if applicable), which includes securities that have not beenprovided a GICS classification as of the effective reporting period.

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Vanguard Institutional Index Fund

Domestic stock fund | Institutional Shares

Connect with Vanguard ® > vanguard.comPlain talk about riskAn investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within awide range, like the fluctuations of the overall stock market. The fund’s performance could be hurt by: Stock market risk: The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods offalling stock prices. The fund’s target index may, at times, become focused in stocks of a particular sector, category, or group of companies. Because the fundseeks to track its target index, the fund may underperform the overall stock market.Investment style risk: The chance that returns from large-capitalization stocks will trail returns from the overall stock market. Large-cap stocks tend to gothrough cycles of doing better—or worse—than other segments of the stock market or the stock market in general. These periods have, in the past, lasted foras long as several years.


The index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Vanguard. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s FinancialServices LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); S&P® and S&P 500® are trademarks of S&P; and these trademarks have beenlicensed for use by SPDJI and sublicensed for certain purposes by Vanguard. Vanguard product(s) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respectiveaffiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the index.





Ten largest holdings*

1 Apple Inc.

2 Microsoft Corp.

3 Amazon.com Inc.

4 Alphabet Inc.

5 Facebook Inc.

6 Berkshire Hathaway Inc.

7 JPMorgan Chase & Co.

8 Exxon Mobil Corp.

9 Johnson & Johnson

10 Bank of America Corp.

Top 10 as % of total net assets 22.2%

* The holdings listed exclude any temporary cashinvestments and equity index products.

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Vanguard Extended Market Index FundDomestic stock fund | Admiral™ Shares

Risk levelLow High

Total netassets


Tickersymbol


Inceptiondate

Fundnumber

1 2 3 4 5 $20,671 MM 0.08% VEXAX 10.7% 11/13/00 0598

$25,908 Fund as of 12/31/17


2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund -38.63 37.65 27.57 -3.59 18.48 38.37 7.56 -3.27 16.13 18.11

Benchmark -38.94 37.67 27.46 -3.71 18.45 38.24 7.50 -3.35 15.95 18.11

Benchmark

Spliced Extended Market Index


Vanguard Extended Market Index Fund seeks totrack the performance of a benchmark index thatmeasures the investment return of small- andmid-capitalization stocks.

Investment strategy

The fund employs an indexing investmentapproach designed to track the performance ofthe Standard & Poor’s Completion Index, abroadly diversified index of stocks of small andmedium-size U.S. companies. The Standard &Poor’s Completion Index contains all of the U.S.common stocks regularly traded on the NewYork and American Stock Exchanges, and theNasdaq over-the-counter market, except thosestocks included in the Standard & Poor’s 500Index. The fund invests all, or substantially all, ofits assets in stocks of its target index, withnearly 80% of its assets invested in the 1,200largest stocks in its target index (covering nearly80% of the index’s total market capitalization),and the rest of its assets in a representativesample of the remaining stocks. The fund holdsa broadly diversified collection of securities that,in the aggregate, approximates the full index interms of key characteristics. These keycharacteristics include industry weightings andmarket capitalization, as well as certain financialmeasures such as price/earnings ratio anddividend yield.


Spliced Extended Market Index: Dow Jones Wilshire 4500 Index through June 17, 2005; S&P Transitional CompletionIndex through September 16, 2005; S&P Completion Index thereafter.

F0598 062018


Annual returns



Fund 5.98% 6.14% 16.78% 10.34% 12.63% 10.77%

Benchmark 5.94% 6.07% 16.72% 10.23% 12.53% 10.66%


Total returns


Information Tech 18.8%Financials 16.4Consumer Discretionary 14.5Industrials 13.3Health Care 11.9

Real Estate 8.4Materials 5.1Energy 4.8Consumer Staples 3.2Utilities 2.7

Sector categories are based on the Global Industry Classification Standard (“GICS”), exceptfor the “Other” category (if applicable), which includes securities that have not beenprovided a GICS classification as of the effective reporting period.

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Vanguard Extended Market Index Fund

Domestic stock fund | Admiral™ Shares

Connect with Vanguard ® > vanguard.comPlain talk about riskAn investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within awide range, like the fluctuations of the overall stock market. The fund’s performance could be hurt by: Stock market risk: The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods offalling stock prices. The fund’s target index may, at times, become focused in stocks of a particular sector, category, or group of companies. Because the fundseeks to track its target index, the fund may underperform the overall stock market.Investment style risk: The chance that returns from small- and mid-capitalization stocks will trail returns from the overall stock market. Historically, small- andmid-cap stocks have been more volatile in price than the large-cap stocks that dominate the overall market, and they often perform quite differently. Small andmid-size companies tend to have greater stock volatility because, among other things, these companies are more sensitive to changing economic conditions.Index sampling risk: The chance that the securities selected for the fund, in the aggregate, will not provide investment performance matching that of theindex. Index sampling risk for the fund should be low.


The index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Vanguard. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s FinancialServices LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); S&P® and S&P 500® are trademarks of S&P; and these trademarks have beenlicensed for use by SPDJI and sublicensed for certain purposes by Vanguard. Vanguard product(s) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respectiveaffiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the index.






1 Tesla Inc.

2 ServiceNow Inc.

3 Las Vegas Sands Corp.

4 Worldpay Inc.

5 Liberty Global plc

6 Palo Alto Networks Inc.

7 Dr Pepper Snapple Group Inc.

8 Square Inc.

9 Workday Inc.

10 T-Mobile US Inc.



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Vanguard Total International Stock Index FundInternational stock fund | Institutional Shares

Risk levelLow High

Total netassets


Tickersymbol


Inceptiondate

Fundnumber

1 2 3 4 5 $30,930 MM 0.09% VTSNX 3.4% 11/29/10 1869

$15,458 Fund as of 12/31/17


2008 2009 *2010 2011 2012 2013 2014 2015 2016 2017

2008 2009 *2010 2011 2012 2013 2014 2015 2016 2017

Fund — — 7.12 -14.51 18.28 15.15 -4.15 -4.24 4.70 27.55

Benchmark — — 6.91 -14.31 17.04 15.76 -3.39 -4.29 4.72 27.41

Benchmark

Primary: Spl Total International Stock Index, Fair-valued priced: FTSE Global All Cap ex US FV Ix


Vanguard Total International Stock Index Fundseeks to track the performance of a benchmarkindex that measures the investment return ofstocks issued by companies located indeveloped and emerging markets, excluding theUnited States.

Investment strategy

The fund employs an indexing investmentapproach designed to track the performance ofthe FTSE Global All Cap ex US Index, afree-float-adjusted market-capitalization-weightedindex designed to measure equity marketperformance of companies located in developedand emerging markets, excluding the UnitedStates. The index includes more than 5,300stocks of companies located in 46 countries. Thefund invests substantially all of its assets in thecommon stocks included in its target index.


*Partial return since fund started, November 29, 2010.Spl Total International Stock Index: Total International Composite Index through August 31, 2006; MSCI EAFE + EmergingMarkets Index through December 15, 2010; MSCI ACWI ex USA IMI Index through June 2, 2013; and FTSE Global AllCap ex US Index thereafter. Benchmark returns are adjusted for withholding taxes.

F1869 062018

Growth of a $10,000 investment : November 30, 2010—December 31, 2017

Annual returns


Quarter Year to date One year Three years Five years Since inception

Fund -3.17% -3.61% 7.12% 5.35% 6.44% 5.25%

Benchmark -2.58% -3.69% 7.58% 5.47% 6.54% —

FVP Benchmark -3.18% — 7.30% — — —


Total returns

Market allocation

Japan 17.5%United Kingdom 12.5China 7.1Canada 6.6France 6.5

Germany 6.2Switzerland 5.0Australia 4.9Korea 3.6Taiwan 3.2

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Vanguard Total International Stock Index Fund

International stock fund | Institutional Shares

Connect with Vanguard ® > vanguard.comPlain talk about riskAn investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within awide range, like the fluctuations of the overall stock market. The fund’s performance could be hurt by:

Stock market risk : The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods offalling stock prices. The fund’s investments in foreign stocks can be riskier than U.S. stock investments. Foreign stocks tend to be more volatile and less liquidthan U.S. stocks. The prices of foreign stocks and the prices of U.S. stocks may move in opposite directions. In addition, the fund’s target index may, at times,become focused in stocks of a particular market sector, which would subject the fund to proportionately higher exposure to the risks of that sector.Country/Regional risk : The chance that world events—such as political upheaval, financial troubles, or natural disasters—will adversely affect the value ofsecurities issued by companies in foreign countries or regions. Because the fund may invest a large portion of its assets in securities of companies located inany one country or region, its performance may be hurt disproportionately by the poor performance of its investments in that area. Country/Regional risk isespecially high in emerging markets.Currency risk : The chance that the value of a foreign investment, measured in U.S. dollars, will decrease because of unfavorable changes in currencyexchange rates.Investment style risk : The chance that returns from small- and mid-capitalization stocks, to the extent that the fund invests in them, will trail returns from theoverall stock market. Historically, these stocks have been more volatile in price than the large-cap stocks that dominate the overall market, and they oftenperform quite differently.Emerging markets risk : The chance that the stocks of companies located in emerging markets will be substantially more volatile, and substantially less liquid,than the stocks of companies located in more developed foreign markets because, among other factors, emerging markets can have greater custodial andoperational risks; less developed legal, tax, regulatory, and accounting systems; and greater political, social, and economic instability than developed markets.


London Stock Exchange Group companies include FTSE International Limited (”FTSE”), Frank Russell Company (”Russell”), MTS Next Limited (”MTS”), and FTSE TMX Global Debt Capital Markets Inc.(”FTSE TMX”). All rights reserved. ”FTSE®”, ”Russell®”, ”MTS®”, ”FTSE TMX®” and ”FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks ofthe London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence. All information is provided for information purposes only. No responsibility or liabilitycan be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies norany of its licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Indexes or the fitness orsuitability of the Indexes for any particular purpose to which they might be put.






Financials 24.3%Consumer Goods 15.4Industrials 14.7Consumer Services 9.4Health Care 7.9

Basic Materials 7.6Technology 7.4Oil & Gas 6.9Telecommunications 3.3Utilities 3.1

Sector categories are based on the Industry Classification Benchmark (“ICB”), except forthe “Other” category (if applicable), which includes securities that have not been providedan ICB classification as of the effective reporting period.


1 Royal Dutch Shell plc

2 Tencent Holdings Ltd.

3 Nestle SA

4 Samsung Electronics Co. Ltd.

5 Alibaba Group Holding Ltd.

6 HSBC Holdings plc

7 Taiwan Semiconductor Manufacturing Co. Ltd.

8 Toyota Motor Corp.

9 Novartis AG

10 Roche Holding AG



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Vanguard Federal Money Market FundMoney market fund

Risk levelLow High

Total netassets


Tickersymbol

Inceptiondate

Fundnumber

1 2 3 4 5 $95,450 MM 0.11% VMFXX 07/13/81 0033

$10,383 Fund as of 12/31/17


2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund 2.53 0.40 0.02 0.01 0.01 0.02 0.01 0.04 0.30 0.81

Benchmark 1.70 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.34

Benchmark

US Gov't Money Market Funds Average


Vanguard Federal Money Market Fund seeks toprovide current income while maintainingliquidity and a stable share price of $1.

Investment strategy

The fund invests primarily in high-quality,short-term money market instruments issued bythe U.S. government and its agencies andinstrumentalities. Although these securities arehigh-quality, most of the securities held by thefund are neither guaranteed by the U.S. Treasurynor supported by the full faith and credit of theU.S. government. To be considered high quality,a security must be determined by Vanguard topresent minimal credit risk based in part on aconsideration of maturity, portfoliodiversification, portfolio liquidity, and creditquality. The fund maintains a dollar-weightedaverage maturity of 60 days or less and adollar-weighted average life of 120 days or less.

Under the new money market reforms,government money market funds are required toinvest at least 99.5% of their total assets incash, government securities, and/or repurchaseagreements that are collateralized solely bygovernment securities or cash (collectively,government securities). The fund generallyinvests 100% of its assets in governmentsecurities and therefore will satisfy the 99.5%requirement for designation as a governmentmoney market fund.


US Gov't Money Market Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. F0033 062018


Annual returns


7-Day SECYield Quarter Year to date One year Three years Five years Ten years

Fund 1.82% 0.42% 0.75% 1.26% 0.63% 0.38% 0.34%

Benchmark — 0.28% 0.48% 0.72% 0.28% 0.17% 0.15%

The performance data shown represent past performance, which is not a guarantee of futureresults. Investment returns will fluctuate. Current performance may be lower or higher than theperformance data cited. For performance data current to the most recent month-end, visit ourwebsite at vanguard.com/performance.Figures for periods of less than one year are cumulative returns. All other figures represent averageannual returns. Performance figures include the reinvestment of all dividends and any capital gainsdistributions. All returns are net of expenses. Seven-day current yield net of expenses. The yield quotation more closely reflects the current earningsof the fund than the total return quotation.

Total returns

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Vanguard Federal Money Market Fund

Money market fund

Connect with Vanguard ® > vanguard.comPlain talk about riskThe fund is designed for investors with a low tolerance for risk; however, the fund’s performance could be hurt by: Income risk: The chance that the fund’s income will decline because of falling interest rates. Because the fund’s income is based on short-term interestrates—which can fluctuate significantly over short periods—income risk is expected to be high.Manager risk: The chance that poor security selection will cause the fund to underperform relevant benchmarks or other funds with a similar investmentobjective.Credit risk: The chance that the issuer of a security will fail to pay interest or principal in a timely manner or that negative perceptions of the issuer’s ability tomake such payments will cause the price of that security to decline. Credit risk should be very low for the fund because it invests primarily in securities that areconsidered to be of high quality.

While U.S. Treasury or government agency securities provide substantial protection against credit risk, they do not protect investors against price changes dueto changing interest rates. Unlike stocks and bonds, U.S. Treasury bills are guaranteed as to the timely payment of principal and interest.

You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannotguarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any othergovernment agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsorwill provide financial support to the fund at any time.





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RIT Retirement Savings Plan

Investment Options Guide

As of September 24, 2018

Refer to this Investment Options Guide for fund descriptions of each investment option that will be in your Plan.

KEY CODE

Fund code: This is the code used on Fidelity’s automated phone lines to request transactions for the investment option.

You will not need this code if you use the Internet to make transactions.

Ticker: This is also called the “trading” symbol for the fund. If the fund is listed and traded on any of the major

exchanges, this is the code that is used to identify the fund.

Description Build: September 24, 2018 American Funds EuroPacific Growth Fund® Class R-6 FPRS code: OUBE Ticker: RERGX Objective: The investment seeks long-term growth of capital. Strategy: The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser believes have the potential for growth. Growth stocks are stocks that the investment adviser believes have the potential for above-average capital appreciation. It normally will invest at least 80% of its net assets in securities of issuers in Europe and the Pacific Basin. The fund may invest a portion of its assets in common stocks and other securities of companies in emerging markets. Risk: Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which may be magnified in emerging markets. Growth stocks can perform differently from the market as a whole and can be more volatile than other types of stocks. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking to complement a portfolio of domestic investments with international investments, which can behave differently; Someone who is willing to accept the higher degree of risk associated with investing overseas.

This description is only intended to provide a brief overview of the mutual fund. Read the fund's prospectus for more detailed information about the fund.

The analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class's actual inception of 05/01/2009. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 04/16/1984, adjusted to reflect the fees and expenses of this share class (when this share class's fees and expenses are higher.) Please refer to a fund's prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself.

Carillon Eagle Mid Cap Growth Fund Class R6 FPRS code: OSF5 Ticker: HRAUX Objective: The investment seeks long-term capital appreciation. Strategy: The fund normally invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of mid-capitalization companies. The fund will invest primarily in the equity securities of companies that the portfolio managers believe have the potential for above-average earnings or sales growth, reasonable valuations and acceptable debt levels. Risk: Growth stocks can perform differently from the market as a whole and can be more volatile than other types of stocks. The securities of smaller, less well-known companies can be more volatile than those of larger companies. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation; Someone who is willing to accept the generally greater price volatility associated both with growth-oriented stocks and with smaller companies.



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Carillon Eagle Small Cap Growth Fund Class R6 FPRS code: OYX1 Ticker: HSRUX Objective: The investment seeks long-term capital appreciation. Strategy: The fund normally invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the stocks of small-capitalization companies. The fund's portfolio managers consider small-capitalization companies to be those companies that, at the time of initial purchase, have a market capitalization equal to or less than the largest company in the Russell 2000® Growth Index during the most recent 12-month period. Risk: The securities of smaller, less well-known companies can be more volatile than those of larger companies. Growth stocks can perform differently from the market as a whole and can be more volatile than other types of stocks. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation; Someone who is willing to accept the generally greater price volatility associated both with growth-oriented stocks and with smaller companies.


The Russell 2000® Growth Index is an unmanaged market capitalization-weighted index of growth-oriented stocks of U.S. domiciled companies that are included in the Russell 2000 Index. Growth-oriented stocks tend to have higher price-to-book ratios and higher forecasted growth values.


JPMorgan Mid Cap Value Fund Class R6 FPRS code: OIJ5 Ticker: JMVYX Objective: The investment seeks growth from capital appreciation. Strategy: Under normal circumstances, the fund invests at least 80% of its assets in equity securities of mid cap companies. "Assets" means net assets, plus the amount of borrowings for investment purposes. Mid cap companies are companies with market capitalizations equal to those within the universe of the Russell Midcap Value Index and/or between $1 billion and $20 billion at the time of purchase. Risk: Value and growth stocks can perform differently from other types of stocks. Growth stocks can be more volatile. Value stocks can continue to be undervalued by the market for long periods of time. The securities of smaller, less well-known companies can be more volatile than those of larger companies. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income; Someone who is seeking both growth- and value-style investments and who is willing to accept the generally greater volatility of investments in smaller companies.


The Russell Midcap Value Index is an unmanaged market capitalization-weighted index of medium-capitalization value-oriented stocks of U.S. domiciled companies that are included in the Russell Midcap Index. Value-oriented stocks tend to have lower price-to-book ratios and lower forecasted growth values.


MFS® New Discovery Value Fund Class R6 FPRS code: OVZE Ticker: NDVVX Objective: The investment seeks capital appreciation. Strategy: The fund normally invests its assets in equity securities. Equity securities include common stocks, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing in the stocks of companies the adviser believes are undervalued compared to their perceived worth (value companies). While the

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fund may invest the fund's assets in companies of any size, it primarily invests in companies with small capitalizations. The fund may invest the fund's assets in foreign securities. Risk: The securities of smaller, less well-known companies can be more volatile than those of larger companies. Value stocks can perform differently than other types of stocks and can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income; Someone who is comfortable with value-style investments and the potentially greater volatility of investments in smaller companies.



MFS® Value Fund Class R6 FPRS code: OU4M Ticker: MEIKX Objective: The investment seeks capital appreciation. Strategy: The fund normally invests the fund's assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing the fund's assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies). Risk: Value stocks can perform differently than other types of stocks and can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income; Someone who is comfortable with the volatility of large-cap stocks and value-style investments.



PGIM Total Return Bond Fund -Class R6 PRS code: OU68 Ticker: PTRQX Objective: The investment seeks total return. Strategy: The fund will seek to achieve its objective through a mix of current income and capital appreciation as determined by the fund's investment subadviser. It invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. For purposes of this policy, bonds include all fixed-income securities, other than preferred stock, with a maturity at date of issue of greater than one year. The fund may invest up to 30% of its investable assets in high risk, below investment-grade securities having a rating of not lower than CCC. It may invest up to 30% of its investable assets in foreign debt securities. Risk: In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking potential returns primarily in the form of interest dividends rather than through an increase in share price; Someone who is seeking to diversify an equity portfolio with a more conservative investment option.



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As of 06/12/2018, Fidelity was notified this fund changed its name from Prudential Total Return Bond Fund Class Q. See the fund's prospectus for any additional details.

Vanguard FTSE Social Index Fund Investor Shares FPRS code: OQPN Ticker: VFTSX Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of large- and mid-capitalization stocks. Strategy: The fund employs an indexing investment approach designed to track the performance of the FTSE4Good US Select Index. The index is composed of the stocks of companies that have been screened for certain social and environmental criteria by the index sponsor, which is independent of Vanguard. The Advisor attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index. Risk: Value and growth stocks can perform differently from other types of stocks. Growth stocks can be more volatile. Value stocks can continue to be undervalued by the market for long periods of time. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available. Short-term redemption fee: None Who may want to invest: Someone who is seeking the potential for long-term share-price appreciation and, secondarily, dividend income; Someone who is seeking both growth- and value-style investments and who is willing to accept the volatility associated with investing in the stock market.


Additional Risk Information: The Fund's social responsibility criteria will affect the fund's exposure to certain issuers, industries, sectors, regions and countries and could cause the fund to sell or avoid stocks that subsequently perform well. In addition, undervalued stocks that do not meet the social criteria could outperform those that do.

The FTSE4Good U.S. Select Index is composed of the stocks of companies that have been screened for certain social and environmental criteria by the index sponsor, which is independent of Vanguard.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 480187.21.830

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