TRANSFORM YOUR TOMORROW - Velocity Vehicle . ... help you start saving today for a more enjoyable tomorrow. 512365-00000 12/09/2014 Forms and instructions Page 3 Start today Page 9

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  • TRANSFORM YOUR TOMORROWSM

    Plan for Your Retirement

  • WE ARE THE TOMORROW MAKERS SM

    At Transamerica Retirement Solutions (Transamerica), we understand that

    planning for retirement can be challenging, especially with the complexities of life.

    Thats why we focus on helping you take control of your retirement savings strategy

    and chart an informed course toward your financial future.

    This enrollment workbook provides tools and information to develop a retirement

    savings plan quickly and easily. As an established and respected provider of

    retirement services, our Transamerica team is dedicated to assisting you with your

    saving and investment needs both to and throughout retirement.

    With over 75 years of experience in the retirement services business, Transamerica

    and its affiliates create customized retirement plan solutions to meet the unique

    needs of organizations of every size. We are committed to helping organizations

    build a strong retirement plan benefit for their employees by offering a wide range

    of products and services.

    Transamerica is ranked among the nations top providers,1 and helps more than

    three million retirement plan participants save and invest wisely to secure their

    retirement dreams. For more information about Transamerica, please visit

    www.TA-Retirement.com.

    1 Transamerica received 84 Best in Class ratings in Chathams 2012 Analysis for Emerging Marketsclients. Chatham Partners, LLC is an independent, third-party research firm. Chatham Partners 2012Client Satisfaction Analysis is based on 697 Emerging Markets client responses. The Chatham Partnersproprietary small market DC benchmark is comprised of survey results of ten 401(k) providers. The Bestin Class references are to service categories in which at least 85% of Transamerica clients ratedTransamerica as a 6 or 7 on a seven-point scale. Results may vary based on the employers particularsituation and other factors.

  • Enroll today!

    The first step in your journey to retirement is enrolling in your

    organization-sponsored retirement savings plan. Simply review the following

    forms and instructions and submit the completed documents to your plan

    administrator. You can also access plan and account information online by

    visiting www.TA-Retirement.com. Our website provides up-to-date information,

    helpful tips, and interactive tools to help you improve your retirement

    readiness, including a complete set of investment fact sheets.

    Our automated telephone system also offers direct access to your plan account

    information. Call (800) 401-8726 to access the system 24 hours a day, seven

    days a week. First-time callers are prompted to enter their Social Security

    number and their temporary personal identification number (PIN). Your

    temporary four-number PIN is your birth month and day (MMDD). A birth date

    of April 1 would be entered as 0401.

    Remember, its never too early or too late to save for retirement. We are here to

    help you start saving today for a more enjoyable tomorrow.

    512365-00000 12/09/2014

    Forms andinstructions

    Page 3

    Start today

    Page 9

    Determine yoursavings goal

    Page 15

    Match your riskprofile andinvestmentchoices

    Page 17

  • Welcome to Los Angeles Truck Centers, LLC 401(k) PlanEnroll today! Online Enrollment Instructions

    Good news! Los Angeles Truck Centers, LLC offers automatic enrollment and saving features in the Los Angeles Truck Centers,LLC 401(k) Plan to help make plan participation fast and easy.

    Here is how it works:

    If you meet Eligibility requirements, you will be automatically enrolled in the Plan at 3% on a pre-tax basis. This means that ateach payroll period, a deduction of your before- and after-tax contributions will be automatically contributed to the plan andinvested in PortfolioXpress.

    And to help you save even more on a pre-tax basis, your contribution percentage will automatically increase by 1% annually onthe first day of the Plan Year. When your contribution rate reaches the maximum rate of 6%, automatic increases will stop.

    To make changes to your contribution rate, investment choice(s), or stop automatic payroll deductions or automatic increases,please follow these instructions:

    To Make Changes Online:

    Vist www.TA-Retirement.com

    Click on the First time user? Register here link located on the top left-hand cornerof your screen within the "Your Account: LOGIN" section.

    Select "I am an employee" and click Continue.

    Enter your Social Security Number and click Continue.

    Enter your Date of Birth and ZIP/Postal Code and click Next.

    Create your own unique Username and Password and click Next.

    Agree to the site Terms of Use.

    Agree to the Consent to Do Business Electronically agreement.

    Click Start to make changes or Opt Out to stop automatic elections.

    From this point forward follow the simple online instructions which will help you to setup or make changes to yourcontribution rate, investment choices, and future contribution elections.

    If you DO NOT want to be automatically enrolled in the 401(k) plan you must elect not to participate at this time.

    If you cannot enroll online please see next page for Telephone Enrollment Instructions.

    By completing the enrollment process online, you are authorizing payroll deduction of plan contributions. Authorization of plan contributions constitutes a "cashor deferred arrangement" under Section 401(k) of the Internal Revenue Code and such contributions are subject to the withdrawal restrictions of the plan.Contributions made to the plan are subject to certain limitations imposed by Federal law and these contributions may be refunded to comply with these laws.By submitting this authorization online, you understand that neither Los Angeles Truck Centers, LLC, the plan trustee, their affiliates nor their investmentchoices are liable for any loss when acting upon your instructions believed to be genuine.

    512365-00000 12/09/2014 3

  • If you DO NOT want to be automatically enrolled in the 401(k) plan you must elect not to participate at this time.

    Welcome to Los Angeles Truck Centers, LLC 401(k) PlanEnroll today! Telephone Enrollment Instructions

    To Make Changes by Phone:

    (800) 401-TRAN (8726)

    To utilize the phone enrollment process you will need to use a touchtone phone.

    Press 1 for English

    Press 2 for Spanish

    You will then be prompted to enter your 9 digit Social Security number followedby the pound sign (#), and your 4 digit PIN (Personal Identification Number).Your default PIN is your month and day of birth in MMDD format*, followedby the pound sign (#).

    1. PERSONALIZE YOUR PIN

    As a first time user, you will be prompted to change your PIN on initial use. The system will request you to enter yournew 4 digit PIN, followed by the pound sign (#). Re-enter your 4 digit PIN, followed by the pound sign (#) to confirm.A message will indicate that your PIN was changed successfully. A confirmation will be mailed to your address.

    2. ONLINE ENROLLMENT DISCLOSURE

    You will be asked to complete the online enrollment process. The disclosure message will ask you if you agree to theterms and conditions of utilizing the online enrollment process. Listen carefully to the terms and conditions, Press 1to agree to the terms and conditions of online enrollment.

    3. SET UP DEFERRAL/CONTRIBUTION RATE

    Your contribution rate is the amount that will be withheld from each paycheck. Enter the rate to be withheld from eachpaycheck followed by the pound sign (#) Press 1 to confirm the rate. The contribution rate you select will be sent toyour employer to be deducted from your paycheck based on payroll cutoff dates.

    4. SET UP INVESTMENT ELECTIONS (See Investment Choices Worksheet)

    Your contributions will be invested according to the selections you make here. You will be prompted to enter thepercentage to be allocated to each investment option in your plan until the total allocated equals 100%.Percentages must be in whole percentage increments. Press 1 to confirm your elections. A confirmation will be mailedto your address.

    You have successfully completed the phone enrollment process and you may now hang up to end the call or hold and you willbe connected to the main menu.

    By completing the enrollment process by phone, you are authorizing payroll deduction of plan contributions. Authorization of plan contributions constitutes a"cash or deferred arrangement" under Section 401(k) of the Internal Revenue Code and such contributions are subject to the withdrawal restrictions of theplan. Contributions made to the plan are subject to certain limitations imposedby Federal law and these contributions may be refunded to comply with these laws. By submitting this authorization by phone, you understand that neitherLos Angeles Truck Centers, LLC, the plan trustee, their affiliates nor their investment choices are liable for any loss when acting upon your instructions believedto be genuine.

    4 512365-00000 12/09/2014

  • Investment Mix Worksheet

    This worksheet is designed to help you enter your investment selections during the enrollment process. Please don't submit thisworksheet.

    To create your own investment portfolio, just select from the following available investment choices. All elections must be in wholepercentages and total 100%. If you elect to join the plan and fail to make an investment election, or your elections do not equal 100%, yourcontribution will be invested in PortfolioXpress.Asset Class Sub Asset Class Investment Choice % of Contribution

    Short Bonds/Stable/MMkt

    Stable Value 7092 Reliance/MetLife Stable 25053 Class 0 (Class: N/A) .0%

    Interm./Long-Term Bond

    Intermediate-Term Bonds 4846 Metropolitan West Total Return Bond M (Class: M) .0%

    6572 Vanguard Total Bond Market Index Adm (Class: Admiral) .0%

    Government Bonds 4057 BlackRock Inflation Protected Bond Svc (Class: S) .0%

    Aggressive Bonds

    World/Foreign Bonds 4773 Legg Mason BW Global Opportunities Bd I (Class: Inst) .0%

    Large-Cap Stocks

    Large-Cap Value Stocks 4669 JHancock3 Disciplined Value R6 (Class: R-6) .0%

    Large-Cap Blend Stocks 6470 Vanguard 500 Index Adm (Class: Admiral) .0%

    Large-Cap Growth Stocks 3484 American Century Disciplined Growth Fund (Class: A) .0%

    Small/Mid-Cap Stocks

    Mid-Cap Value Stocks 6096 MFS Mid Cap Value R3 (Class: R-3) .0%

    Mid-Cap Blend Stocks 6471 Vanguard Extended Market Index Adm (Class: Admiral) .0%

    Mid-Cap Growth Stocks 1762 Ivy Mid Cap Growth Fund (Class: R) .0%

    Small-Cap Blend Stocks 4514 Goldman Sachs Small Cap Value A (Class: A) .0%

    5729 Vanguard Small Cap Index Adm (Class: Admiral) .0%

    Small-Cap Growth Stocks 3625 Janus Triton Fund (Class: R) .0%

    International Stocks

    World/Foreign Stocks 1307 American Funds EuroPacific Growth Fund (Class: R-3) .0%

    6538 Vanguard Total International Stock Index Adm (Class: Admiral) .0%

    Emerging Market Stocks 1798 Oppenheimer Developing Markets R (Class: R) .0%

    Total for all investment choices must equal 100%: 100.0%

    512365-00000 12/09/2014 5

  • 6

  • 1. Employee Information

    City State Zip Code

    (Please Print)

    Married Not Married Social Security No.:

    First Name M.I.

    Last Name

    Mailing Address Apt. No.

    __ __ __ - __ __ - __ __ __ __

    Los Angeles Truck Centers, LLC 401(k) Plan512365-00000 Rollover Form

    Four Simple Steps1. Contact your plan administrator or refer to your Summary Plan Description to make sure you're eligible to roll over your plan account

    balance from a prior qualified retirement plan.

    2. Contact your prior company and request a rollover distribution. If you have an Individual Retirement Account (IRA), contact the

    investment manager (custodian) for your IRA and request a withdrawal. Be sure to have the distribution check made payable to

    Transamerica, FBO "Reference Your Name" (e.g., Transamerica, FBO Jane Doe) and have it sent directly to you.

    3. Complete the Rollover Form below.

    4. Submit the Rollover Form along with the distribution check to Transamerica for processing.

    You must first enroll in the plan and designate a beneficiary.

    Date of Birth Date of Hire

    Telephone Number Email Address

    2. Previous Plan/IRA Information

    Name of Prior Plan________________________________________________________________________________________________________

    Mark One:* O O O O O 401(k) 401(a) 403(a) 403(b) Profit Sharing O O O O O O Money Purchase Government 457 Conduit IRA Traditional IRA Roth 401(k) - Direct Roth 401(k) Indirect (earnings only permitted)

    For Roth 401(k) rollovers, please complete the information below. This information should have been provided by your rollover institution.

    Year of First Roth 401(k) Contribution __________________________

    Roth Contribution Basis _____________________________ (This is the non-taxable portion of your distribution).

    *Your plan may not accept rollovers from all plan types listed above. Contact your plan administrator to make sure your rollover qualifies.

    Continued on next page

    512365-00000 12/09/2014 7

  • Los Angeles Truck Centers, LLC 401(k) Plan Rollover Form

    Social Security No.:__ __ __- __ __- __ __ __ __

    Previous Plan/IRA Information Contact:

    First Name __________________________________________________________________________________ M.I. ________________________

    Last Name _______________________________________________________________________________________________________________

    Mailing Address ______________________________________________________________________________ Apt. No. ____________________

    City ____________________________________________________________ State _______________________ Zip Code ___________________

    Telephone Number _________________________________________

    3. Tax Information

    c All of this distribution amount would be taxable to me if I did not roll it over.

    c This rollover includes after-tax contributions in the amount of $ ________________________. The remainder would be taxable income tome if I did not roll it over.

    c No part of this rollover is a minimum required distribution.

    c No part of this rollover is a hardship withdrawal.

    c All of this distribution is a Roth 401(k) rollover.

    Please note the following important information:

    1. Transamerica cannot accept after-tax amounts if the cost basis is not provided. if you are unsure of your after-tax cost basis, contact your previous Plan

    Administrator to obtain/confirm this information. If this information is not received, it will be assumed that the deposit represents pre-tax amounts only.

    2. If you are already enrolled in the plan, your incoming rollover will be invested according to your existing investment allocation for payroll contributions.

    3. If you are not enrolled in the plan, or your elections do not equal 100%, your incoming rollover will be invested in PortfolioXpress. You can subsequently

    reallocate your investment at any time, subject to plan provisions.

    4. Employee Authorization

    I wish to contribute a single sum rollover in the amount of $ _____________, which represents a distribution from another qualified retirement

    plan. A check made payable to Transamerica, FBO "Reference Your Name" (e.g., Transamerica, FBO Jane Doe) is attached. I understand the

    withdrawal restrictions that apply to these contributions.

    Employee Signature___________________________________________________________ Date____________________________________

    SUBMIT SIGNED FORM TO: Transamerica, PASS Processing Center, 8488 Shepherd Farm Drive, West Chester, OH 45069 Fax#: (877)

    449-4443

    Once this form has been completed with all of the necessary information and required signatures, please forward to the TransamericaProcessing Center.

    Be sure to keep a photocopy for your records.

    PASS Authorization:

    I authorize these rollover funds to be deposited into the participant's account.

    PASS Signature __________________________________________________ Date _____________

    For PLAN ADMINISTRATOR Use Only: Transamerica, PASS Processing Center, 8488 Shepherd Farm Drive, West Chester, OH 45069Fax#: (877) 449-4443

    8 512365-00000 12/09/2014

  • 1Step One Your future starts today Plan highlights

    Start todayYour future starts todayPlanning and saving well are the keys to living well when youreach retirement. By reviewing this workbook and completingthe exercises provided, you have taken a major step forward inachieving a personalized retirement savings strategy for a moreenjoyable future.

    If you are not yet enrolled in your plan, simply read theinstructions and complete the forms found at the front of thisWorkbook. If you already participate in youremployer-sponsored retirement savings plan, take thisopportunity to review your current investment portfolioallocation and consider increasing your contributions.

    Plan highlights

    Your Contributionsl You can make plan contributions up to the maximum allowed

    by the plan, not to exceed Internal Revenue Code limits.

    l You can choose to make contributions before paying taxesand/or you can choose to make after-tax contributionsthrough your plans Roth 401(k) account option.

    l Federal Tax law limits the total combined before- andafter-tax contributions to $18,000 in 2015.

    l You may elect to make separate one-time plan contributionsfrom your bonus, subject to plan contribution limits. Pleasecontact your plan administrator for more information.

    Eligibility

    You must complete 3 month(s) of service.

    You must be at least 21 years of age.

    Entry Date(s)

    January 1, April 1, July 1, and October 1.

    Automatic Enrollment

    Effective January 1, 2015, the plan includes automatic salary deferral feature. If you were hired on or after January 1st, 2015 and you meet the eligibility requirements, you will be automatically enrolled in this plan with a contribution rate of 3% for the 401(k) portion of your plan unless you notify Los Angeles Truck Centers, LLC.

    Automatic Contribution Rate Increase

    Your pre-tax contribution rate will automatically increase by 1%annually on the first day of the Plan Year. When yourcontribution rate reaches the maximum rate of 6%, automaticincreases will stop. Please see the Automatic Contribution RateIncrease section for more information.

    Catch-up Contributions

    If you are 50 or older, you may qualify to make additionalbefore-and after-tax Catch-up Contributions. FederalCatch-up Contribution limit is $6,000 for 2015, for totalcombined before- and after-tax contributions.

    Frequency of Contribution Changes

    You may increase or decrease your contribution to the plan onany business day.

    You may also stop making contributions at any time.

    Rollovers

    You may roll over your plan account balance from a priorqualified retirement plan at any time.

    Vesting

    Your contributions are automatically 100% vested.

    Your rollover contributions are 100% vested.

    Company Contributions

    MATCHING CONTRIBUTIONS

    l Your employer has elected to match $0.35 for every dollar you contribute up to the first 6% of pay.

    l Catch-up contributions are accounted for when calculatingEmployer Matching Contributions.

    Eligibility

    You must complete 3 month(s) of service.

    You must be at least 21 years of age.

    Entry Date(s)

    January 1, April 1, July 1, and October 1.

    Vesting

    The Companys contributions are vested as follows:

    Years of Service* Percent Vested

    Upon completion of 1 year 20%

    Upon completion of 2 years 40%

    Upon completion of 3 years 60%

    Upon completion of 4 years 80%

    Upon completion of 5 years 100%

    * A year of service for vesting credit for Company contributions is basedeither on completion of 1,000 Hours of Service or elapsed time. If theplan uses elapsed time, credit is given regardless of the number ofhours worked in a designated twelve-month-period. Please see thePlan's summary plan description for more information on how serviceis calculated.

    Your years of service with a predecessor of the Company will

    count toward your eligibility.

    9

  • Learn About Your Plans Roth 401(k) AccountOption

    The Roth 401(k) option allows you to contribute after-taxdollars to your plan in a separate account that in most caseswill not be subject to future federal income taxes, regardless ofyour income level. So lets compare some basic features of thetraditional 401(k) and the Roth 401(k):

    A. Your Traditional 401(k) Salary Deferral Percentage

    _____________%

    B. Your Roth 401(k) Salary Deferral Percentage

    _____________%

    Total Salary Deferral may not exceed the plans limit.

    Total Salary Deferral Percentage (A + B) =

    _____________%

    How Do I Decide If A Roth 401(k) ContributionIs Right For Me?

    As a general rule, if you believe you will be paying higher taxesin retirement than you are now, consider making contributionsto your Roth 401(k). However, if you believe your tax rate willbe lower when you take distributions, consider keeping yourcontributions in the traditional 401(k).

    Another strategy to consider is diversifying your future tax riskby contributing to both. Keep in mind that you may want toconsult with your attorney, accountant, or tax professional inhelping you decide what balance is right for you.

    You will need to decide what percentage of your totalcontribution will go to traditional 401(k) and Roth 401(k):

    Loansl Your plan offers a loan feature. Please check with your plan

    administrator and/or refer to your Summary Plan Descriptionfor details.

    In Service Withdrawals

    EARLY WITHDRAWALS

    l You may make a withdrawal from the plan upon attaining age59. Certain restrictions may apply. Refer to your SummaryPlan Description for details.

    HARDSHIP

    l If you meet the definition of hardship you may make awithdrawal from the plan. For more information about thestrict rules governing hardship withdrawals, refer to yourSummary Plan Description.

    When You Retire Or Leave The CompanySubject to plan provisions, upon retirement, termination,disability or death, youor in some cases yourbeneficiarycan:

    l Keep your money in the plan, subject to certain restrictions.

    l Directly roll over your plan account balance into anothereligible savings plan or IRA.

    l Receive your plan account balance in cash.

    10

  • l Contact your plan administrator or refer to your SummaryPlan Description for additional information on methods toreceive your plan account balance.

    Some of these options can have significant tax consequences.Your tax advisor can help you make the decision that is best foryou.

    For additional plan information, please contact your plan

    administrator or refer to your Summary Plan Description.

    Investment ChoicesThe plan offers 17 investment choices.

    l Your contributions under the automatic enrollment provisionwill be directed to PortfolioXpress.Please see the AutomaticEnrollment Notice for more information.

    l Refer to Investment Choices located in this enrollmentworkbook for a description of your investment choices.

    l Some of the investment choices offered by the plan containtrading restrictions. Prior to finalizing your investment choicesunder the plan, please refer to your Investment Choices formore information on these restrictions.

    l To obtain a complete set of Investment Fact Sheetscontaining detailed, up-to-date information on each of theinvestment choices, contact your plan administrator or log onto www.TA-Retirement.com.

    Choose a one-step solution

    Make it automatic with PortfolioXpress

    If your financial picture is relatively straightforward, considerPortfolioXpress. This service establishes an investment mixbased on your projected retirement year and risk preference.Then it regularly rebalances your account to a moreconservative mix over time. Its a solution for people who aresaving for retirement and want automatic diversification. Youcan unsubscribe from PortfolioXpress atwww.TA-Retirement.com.

    PortfolioXpress presents a series of asset allocation models upto and through a designated retirement year. By subscribing tothe service, you agree to each of the asset allocation mixes andautomated rebalancing transactions that will take place overtime within your account as you approach the selectedretirement year. Retirement date portfolios are subject to thesame risks as the underlying asset classes in which they invest.The higher the Portfolios allocation to stocks, the greater therisk. The principal value of the portfolio is not guaranteed atany time, including at and after the target date.

    Online Enrollment InstructionsYou can enroll online at www.TA-Retirement.com or viatelephone at (800) 401-8726.

    l Enrollment instructions are included in this enrollmentworkbook, and will also be sent to the mailing address youhave on file with your employer.

    l If you are unable to enroll online or via telephone, your planadministrator can assist you in obtaining a paper enrollmentform.

    Thats all there is to it! Rememberits never too early or toolate to save for retirement. Transamerica Retirement Solutionsis here to simplify your journey on the road to a secureretirement.

    Automatic EnrollmentEligible Employees will be automatically enrolled in the plan byLos Angeles Truck Centers, LLC. Please refer to your SummaryPlan Description for further details on Eligibility and AutomaticEnrollment.

    l You will need to elect your desired contribution percentage. Ifyou decide not to participate, you will still need to elect a 0%contribution.

    l If you neglect to make an election by the close of theenrollment period set by your employer, Los Angeles TruckCenters, LLC will automatically establish a contribution rate of3% for the 401(k) portion of the plan for you.

    l In addition, all of your contributions will be automaticallyinvested in the PortfolioXpress

    l To enroll in the plan, decide how much of your compensationyou would like to defer into the plan and to which investmentchoices you would like your contributions invested. Indicateyour election by using one of these methods:

    Online

    By calling the toll-free number

    By completing an enrollment form

    l You can change the investment choice(s) of your futurecontributions, and transfer your existing balance in the plan,and/or change the pre-established contribution percentageafter the enrollment period online at: www.TA-Retirement.com.

    l You can change the investment choice(s) for your futurecontributions, and transfer your existing balance within theplan after the open enrollment period via telephone at (800)401-8726.

    l To change your pre-established contribution rate pleasecontact your plan administrator.

    l Complete the online enrollment process to decide how muchof your compensation to contribute and to select theinvestment choices you would like your contributions investedin.

    Automatic Contribution Rate Increase:SaveXpressSM

    l SaveXpressSM helps you increase your retirement savings byautomatically increasing the percentage you contribute to theplan once a year. You have the option of setting the annualcontribution increase percentage and the maximumcontribution rate it can grow to (not to exceed the plan limit)by just accessing your account online.

    l For additional information on registering for online access,please refer to the Online Enrollment Instruction section.

    11

  • Manage Your Account Via Website

    www.TA-Retirement.com

    l In addition to providing access to your plan accountinformation, the website is loaded with useful information,helpful tips and interactive tools, all designed to help youdiscover, build and manage your plan.

    l Simply log on to the Website with your Username andPassword to manage your retirement account online, checkinvestment account performance, access the asset allocationtool and online calculators, monitor your investment portfolio,obtain investment education and more.

    l Until you create your own unique Username and Password,you can access investment choice performance and manyother valuable tools by entering your plans contract number:512365-00000.

    Investment Choice Information Via WebsiteTo access your Fund Performance Overview and InvestmentFact Sheets, follow the simple steps outlined below:

    Step 1: Go to www.TA-Retirement.com

    Step 2: Click: Employees on the navigation bar, thenAccount Information, next Investment ChoicePerformance in the left navigation

    Step 3: Enter your Contract ID and click Submit

    Step 4: Your Performance Overview will appear

    Step 5: Click on the investment choices name to view theInvestment Fact Sheet

    Manage Your Account Via Telephone

    (800) 401-8726l The automated telephone system offers you direct access to

    your plan account information. You can access the system 24hours a dayseven days a week.

    Account RebalancingAccount Rebalancing allows you to maintain the investmentpercentage you originally established, taking into considerationmarket earnings and losses.

    l Set up Account Rebalancing via the Website or by telephone.

    l Automatically rebalance your account by redistributing thepercentage of your total portfolio held in each investmentchoice.

    A one-time account rebalance will initiate onerebalance as of the close of the business day.

    A periodic rebalance will establish a future schedule forrebalancing based on the period selected (Monthly,Quarterly, Semi-Annually, Annually).

    l There is no minimum balance required and no minimumamount to transfer.

    Automated Periodic TransfersAutomated Periodic Transfer allows you to transfer portions ofyour plan account balance from one investment choice toanother in regular increments.

    l Use Automated Periodic Transfer to gradually transfer assetsfrom a conservative investment choice to a more aggressiveinvestment choice or vice versa.

    l You must transfer at least $100 from the holding investmentchoice for each periodic transfer.

    l Once established, Automated Periodic Transfer will continueuntil you request that it be stopped.

    l If there is not enough money in the holding investmentchoice, the system will ignore the transfer request and checkagain the next period.

    l Some restrictions may apply. Contact your plan administrator.

    OnTrack: Your Personalized RetirementPlanning ToolSimple and easy to use, OnTrack can help you develop andanalyze your retirement savings and investment strategy. WithOnTrack you can explore the impact of different contributionrates and investment strategies using the investment choices inyour retirement savings plan.

    You dont have to be an expert to use OnTrack, just verify yourinformation and Your Retirement Outlook is generated. Tofurther refine your retirement strategy you also have the optionof adding other savings and projected expenses.

    OnTrack: After You Enroll In Your Plan, YouCan Access OnTrack By Following The StepsOutlined BelowStep 1: Go to www.TA-Retirement.com

    Step 2: Enter your Username and Password and click on the

    button

    Step 3: Follow the directions in the Your Retirement Outlooksm

    window

    Statement of Account

    OnTrack is a proprietary retirement planning module, solely providedfor educational purposes. It is not investment advice. Transamericadoes not act as a fiduciary and is not affiliated with Ibbotson.Important: The projections or other information generated byOnTrack regarding the likelihood of various investment outcomesare hypothetical in nature, do not reflect actual investmentresults and are not guarantees of future results. Results derivedfrom the OnTrack tool may vary with each use and over time. Pleasevisit OnTrack for more information regarding the criteria andmethodology used, the tools limitations and key assumptions and otherimportant information.

    l You will receive a personalized statement of your account ona quarterly basis.

    12

  • Summary Plan Descriptionl For more information about any of the plan provisions

    including any conditions or restrictions that may apply, pleaserefer to the Summary Plan Description. These plan highlightsrepresent only an overview of plan provisions and do notconstitute a legally binding document.

    13

  • 14

  • 2Step Two Sources of retirement income Starting early

    Most of your retirement income will come from you.

    Social Security covers only about 37%* of the average retirees income, and fewer employers offer traditional pension

    plans. In reality, the majority of your retirement income will likely come from either your own savings or from

    part-time employment after retirement. If your goal is to live comfortably and work less in retirement, you need to

    start saving today.

    Determine your savings goal

    START PLANNING TODAY

    To find out what you can expect

    to receive from Social Security

    when you retire, go to

    www.ssa .gov or call

    (800) 772-1213 to request

    an estimate.

    18% Pensions

    13% Savings and investments

    37% Social Security

    3% Other

    30% Earnings from work

    *Fast Facts & Figures About Social Security, August 2012.

    Total does not necessarily equal 100% due to the rounding of

    each individual component to a whole percentage.

    SOURCES OF RETIREMENT INCOME*

    You may need more retirement income than you think.

    The income you will need in retirement depends greatly on your individual circumstances, including factors such as

    your age, health, income, investments, and savings.

    Based on todays average life expectancy, you may need retirement income for 20 years or more after your regular

    paychecks stop. As a result, you need to take steps now to ensure you have enough money to live comfortably in

    your retirement years.

    How much to contribute?

    Consider contributing at least 10% of pay. If that seems too steep, consider starting at 6% then raising your

    contribution 2% each year. But dont wait too long. The sooner you start saving more, the easier reaching your goal

    can be.

    15

  • Plan today for a more secure tomorrow.

    For some people, retirement may seem a lifetime away. But, if you postpone your savings plan, it will be extremely

    difficult to make up for lost time. Saving for your future in a tax-deferred retirement savings plan reduces your

    taxable income and helps accelerate your savings. Every dollar you contribute to your tax-deferred retirement savings

    plan account is deducted from your salary before taxes are taken out. In addition, the money in your plan has the

    potential to grow tax-free until you withdraw it.

    The importance of starting early.

    The need to start saving as early as possible is demonstrated by the following example: At age 21, Anne and Tracy

    were hired for similar jobs at the same salary. Anne immediately began investing $30 per week. After 14 years, Anne

    stopped contributing, but left the money in her plan to grow for the next 30 years. By contrast, Tracy did not begin

    investing $30 per week until age 35, but did so for the next 30 years. Although Tracy invested twice as much

    overall, Anne accumulated nearly twice as much as Tracy at retirement because she started saving early.

    THE IMPORTANCE OF STARTING EARLY

    0

    $100,000

    $200,000

    $300,000

    Anne (age 21) contributed for 14 years

    Tracy (age 35) contributed for 30 years

    $46,800

    $21,840

    $209,319

    $130,042

    Total contributions

    $30 contribution per week

    Balance at age 65

    Assumes 6.3% annual return. Assumptions do not include wage increases or inflation. See disclosures at the end of the workbook. Results shown are not typical. For illustrative purposes only.

    16

  • 3Step Three Match your risk profile Choosing your investments

    Match your risk profile to your investment choices

    Understanding asset classes.

    The investment choices available through your retirement savings plan fall into a combination of three broad asset

    classes. Asset classes are categories of investments that exhibit similar characteristics and may behave similarly in

    the marketplace.

    In general, different types of investments react differently to the same market conditions. Understanding how the

    three main types of asset classes (stocks, bonds, and cash equivalents) work will help you form the basis for

    developing a long-term investment strategy that corresponds to your risk tolerance. Here are brief definitions of each

    asset class with their historical performance:

    Stocks are shares of ownership in a company. Over the past 25 years, stocks have returned an average annual return

    of about 9.7%.1

    Bonds represent the borrowing of money by a corporation, government, or other entity. Bonds have returned an

    average annual return of about 7.2% over the past 25 years.2

    Cash Equivalents seek to maintain the value of your investments. Over the past 25 years, cash equivalents have

    returned an average annual return of 3.8%.3

    Asset allocation and diversification.*

    Asset allocation is how you divide your money among the different types of investments according to your individual

    goals, risk tolerance, and investment horizon. Each of the three main asset classesstocks, bonds, and cash

    equivalentshave different levels of risk and return, so each will behave differently over time. A portfolio is a

    grouping of financial assets that are held directly by investors and/or may be managed by professionals.

    Diversification is a risk management technique that mixes a wide variety of investments within a portfolio. The goal of

    this technique is to potentially use the positive performance of some investments to neutralize the negative

    performance of others. For example, when stock prices rise, bond prices often decline. A diversified portfolio with

    different styles of investments generally, on average, yield higher returns and pose a lower risk than any individual

    investment within a portfolio.

    Cash Equivalent/Money Market: An investment that is generally very short term and highly liquid, and has high credit quality. An investment in a cashequivalent or money market investment choice is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmentagency. Although the investment seeks to preserve the value of your principal, it is possible to lose money by investing in this investment. Dependingon the investment, not all money market investment choices will seek to maintain a $1.00 net asset value per share.

    * Asset allocation and diversification do not assure or guarantee better performance and cannot eliminate the risk of investment losses. All investmentsinvolve risk, including loss of principal and there is no guarantee of profits. Investors should carefully consider their objectives, risk tolerance, and timehorizon before investing.

    One cannot invest directly in an index.

    1 Based on average annual total returns of the S&P 500 Index over 25 years from December 1987-December 2012.

    2 Based on average annual total returns of the Barclays Capital Aggregate Bond Index over 25 years from December 1987-December 2012.

    3 Based on average annual total returns of Citigroup 3-month U.S. Treasury Bill Index over 25 years from December 1987-December 2012.

    17

  • ARE YOU CLOSE TO RETIREMENT?

    Typically, employees who are close to

    retirement gradually shift their

    portfolios to safer, more conservative

    investments that are better protected

    during volatile times. For someone who

    is farther from retirement, the good

    news during difficult economic times is

    that typically most of their portfolio

    growth will come from future

    contributions and earnings.

    Your risk profile.

    The next step to meeting your retirement savings goal is to consider the level of risk and rate of return thats right for

    you. Your overall background including your age, income, family situation, current financial picture, and overall

    investment disposition will guide the level of risk you are comfortable with. The more you know about the risk

    involved, the better equipped you will be when making investment decisions.

    Consider the following questions.

    WHAT IS YOUR RISK TOLERANCE?

    Typically, the higher the rate of return you target, the more you may need to consider investment choices that invest

    in stocks. This is because, historically, stocks have delivered higher long-term returns than any other investment

    type. Stocks have also historically been the most volatile investment type, which means they fluctuate in value more

    rapidly. Your risk tolerance will dictate whether you choose to stay the course during fluctuations in the stock

    market with the goal of benefiting from the potential for long-term growth.

    HOW MANY YEARS DO YOU HAVE TO INVEST?

    Before investing, determine the amount of time you have until you plan to retire. If your investment time horizon is

    short, consider limiting your exposure to the volatility of the stock market. Investing in the stock market typically

    works better when you have a longer time horizon to recover from economic downturns.

    HOW MUCH HAVE YOU SAVED ALREADY?

    If youve already started saving for retirement, youre a step ahead. Its important to factor those existing savings into

    your plan for the future.

    18

  • RISK AND RETURN

    Risk and return go hand-in-hand.

    The higher your risk tolerance,

    the more you may consider

    investing in stocks because

    historically they have offered the

    most potential for growth over

    the long term.

    Match your risk profile to your investment choices.

    Now that you have a better understanding of how much you may need to save to

    reach your retirement goal and the amount of investment risk youre willing to

    take to get there, its time for you to select the investments.

    Choose your investments.*

    To choose your investments, follow these steps:

    l Review your investment choices in the Forms and Instructions section along

    with the Performance Overview and Summaries that follow.

    l Select the investment choice(s) youd like to include in your portfolio.

    l Assign a percentage of your contribution to your investment choice(s).

    For more information on one-step investment options visit www.TA-Retirement.com.

    * All investments involve risk, including loss of principal and there is no guarantee of profits. Investors should carefully consider their objectives, risktolerance, and time horizon before investing. We do not provide investment advice. Nothing presented herein should be construed as arecommendation to purchase or sell a particular investment or follow any investment technique or strategy.

    19

  • Investment Choices: Performance Overview and SummariesLos Angeles Truck Centers, LLC 401(k) PlanThe performance data quoted represents past performance and does not guarantee future results. An investment in these funds, other than

    the Transamerica Stable Value investment choice(s), is subject to market risk. The investment return and principal value of an investment will

    fluctuate; thus an investors shares/units, when redeemed, may be worth more or less than their original cost. Current performance may be

    lower or higher than return data quoted herein. For more current information, including month-end performance, please visit

    www.TA-Retirement.com. Funds, other than the Stable Value investment choice(s), are distributed by Transamerica Investors Securities Corp.

    Investors should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. The prospectus foreach fund contains this and other information about that fund. For copies of any prospectuses or summary prospectuses, if applicable, pleasecall (866) 498-4557. Read each prospectus carefully before investing.

    Securities are distributed by Transamerica Investors Securities Corporation, a registered broker-dealer, 440 Mamaroneck Avenue, Harrison,New York 10528. Transamerica Financial Life Insurance Company and Transamerica Life Insurance Company are affiliates of TransamericaInvestors Securities Corporation.

    Performance shown in percentages as of 09/30/2014

    Average Annual Total orSince InceptionPerformance*

    Expense Ratio(% of fund

    assets)

    Year toDate

    LastQuarter 1 Year 3 Years 5 Years 10 Years Gross Net

    Short Bonds/Stable/MMkt

    Stable Value

    Reliance/MetLife Stable 25053 Class 0 (Class: N/A) 1.74 0.58 2.35 2.82 3.28 4.26 0.66 0.66

    Interm./Long-Term Bond

    Intermediate-Term Bonds

    Metropolitan West Total Return Bond M (Class: M) 4.26 0.34 4.81 5.50 7.05 6.56 0.68 0.68

    Vanguard Total Bond Market Index Adm (Class: Admiral) 4.10 0.17 3.90 2.32 4.03 4.60 0.08 0.08

    Government Bonds

    BlackRock Inflation Protected Bond Svc (Class: S) 3.13 -2.34 0.94 1.06 3.94 4.60 0.89 0.75

    Aggressive Bonds

    World/Foreign Bonds

    Legg Mason BW Global Opportunities Bd I (Class: Inst)

    (*Performance Inception: 11/1/2006)

    6.27 -2.03 5.75 5.16 7.10 10.56* 0.72 0.72

    Large-Cap Stocks

    Large-Cap Value Stocks

    JHancock3 Disciplined Value R6 (Class: R-6) 5.33 0.26 16.49 24.95 15.25 9.54 0.74 0.71

    Large-Cap Blend Stocks

    Vanguard 500 Index Adm (Class: Admiral) 8.31 1.12 19.68 22.95 15.67 8.10 0.05 0.05

    Large-Cap Growth Stocks

    American Century Disciplined Growth Fund (Class: A)

    (*Performance Inception: 9/30/2005)

    8.05 0.96 19.51 22.81 17.41 8.78* 1.28 1.28

    Small/Mid-Cap Stocks

    Mid-Cap Value Stocks

    MFS Mid Cap Value R3 (Class: R-3) 4.04 -4.15 13.38 23.60 17.26 8.91 1.22 1.22

    See description of this asset class in the investment choices summary section.

    Not FDIC Insured May Lose Value No Bank Guarantee

    20

  • Performance shown in percentages as of 09/30/2014

    Average Annual Total orSince InceptionPerformance*

    Expense Ratio(% of fund

    assets)

    Year toDate

    LastQuarter 1 Year 3 Years 5 Years 10 Years Gross Net

    Mid-Cap Blend Stocks

    Vanguard Extended Market Index Adm (Class: Admiral) 1.06 -4.79 9.70 23.45 16.46 10.00 0.10 0.10

    Mid-Cap Growth Stocks

    Ivy Mid Cap Growth Fund (Class: R) 1.27 -2.27 8.30 18.67 14.81 10.37 1.59 1.59

    Small-Cap Blend Stocks

    Goldman Sachs Small Cap Value A (Class: A) -1.01 -6.28 8.72 23.47 16.24 8.92 1.42 1.38

    Vanguard Small Cap Index Adm (Class: Admiral) 0.61 -5.49 9.51 23.55 16.26 9.84 0.09 0.09

    Small-Cap Growth Stocks

    Janus Triton Fund (Class: R)

    (*Performance Inception: 2/25/2005)

    -1.03 -3.40 7.78 20.78 17.19 20.17* 1.43 1.43

    International Stocks

    World/Foreign Stocks

    American Funds EuroPacific Growth Fund (Class: R-3) -1.14 -4.36 6.30 13.72 6.45 7.94 1.14 1.14

    Vanguard Total International Stock Index Adm (Class: Admiral) 0.01 -5.55 4.89 12.35 5.92 6.80 0.14 0.14

    Emerging Market Stocks

    Oppenheimer Developing Markets R (Class: R) 1.91 -3.64 5.50 11.22 8.34 13.81 1.56 1.55

    See investment choice fact sheets for expense ratio details. The performance shown reflects the net expense ratio. This means the

    performance is net of any fee waivers or reimbursements applied by the fund company. The effective expense ratio, which is the

    amount your plan pays, also takes into account any plan service fee assessed or plan service credit applied by Transamerica

    * Performance shown since inception is from the performance inception date shown next to the fund on the Investment Choices

    Performance Overview.

    Summaries Short Bonds/Stable/MMkt

    Stable Value

    Reliance/MetLife Stable 25053 Class 0 (Class: N/A)

    Inception Date: 07/27/1999

    Investment Objective: The Funds objective is the safety and preservation of principal and accumulated interest for participant initiated

    transactions.

    Interm./Long-Term Bond

    Intermediate-Term Bonds

    ** See Disclosure Page for more details.

    21

  • Metropolitan West Total Return Bond M (Class: M)

    Inception Date: 03/31/1997

    Advisor: Metropolitan West Asset Management, LLC.

    Investment Objective: The investment seeks to maximize long-term total return.

    Vanguard Total Bond Market Index Adm (Class: Admiral)

    Inception Date: 11/12/2001

    Trading Restrictions: Type B**

    Advisor: Vanguard Group, Inc.

    Investment Objective: The investment seeks the performance of a broad, market-weighted bond index.

    Government Bonds

    BlackRock Inflation Protected Bond Svc (Class: S)

    Inception Date: 06/28/2004

    Advisor: BlackRock Advisors LLC

    Investment Objective: The investment seeks to maximize real return, consistent with preservation of real capital and prudent investment

    management.

    Aggressive Bonds

    World/Foreign Bonds

    Legg Mason BW Global Opportunities Bd I (Class: Inst)

    Inception Date: 03/19/2009

    Advisor: Legg Mason Partners Fund Advisor, LLC Subadvisor: Brandywine Global Investment Mgmt, LLC

    Investment Objective: The investment seeks to maximize total return consisting of income and capital appreciation.

    Large-Cap Stocks

    Large-Cap Value Stocks

    JHancock3 Disciplined Value R6 (Class: R-6)

    Inception Date: 08/31/2011

    Advisor: John Hancock Advisers, LLC Subadvisor: Robeco Investment Management, Inc.

    Investment Objective: The investment seeks to provide long-term growth of capital primarily through investment in equity securities; current

    income is a secondary objective.

    Large-Cap Blend Stocks

    Vanguard 500 Index Adm (Class: Admiral)

    Inception Date: 11/13/2000

    Trading Restrictions: Type B**

    Advisor: Vanguard Group, Inc.

    Investment Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of

    large-capitalization stocks.

    Large-Cap Growth Stocks

    ** See Disclosure Page for more details.

    22

  • American Century Disciplined Growth Fund (Class: A)

    Inception Date: 09/30/2005

    Trading Restrictions: Type C**

    Advisor: American Century Inv Mgt, Inc.

    Investment Objective: The investment seeks long-term capital growth.

    Small/Mid-Cap Stocks

    Mid-Cap Value Stocks

    MFS Mid Cap Value R3 (Class: R-3)

    Inception Date: 4/1/2005

    Trading Restrictions: Type C**

    Advisor: Massachusetts Financial Services Co

    Investment Objective: The investment seeks capital appreciation.

    Mid-Cap Blend Stocks

    Vanguard Extended Market Index Adm (Class: Admiral)

    Inception Date: 11/13/2000

    Trading Restrictions: Type B**

    Advisor: Vanguard Group, Inc.

    Investment Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of small-

    and mid-capitalization stocks.

    Mid-Cap Growth Stocks

    Ivy Mid Cap Growth Fund (Class: R)

    Inception Date: 12/29/2005

    Advisor: Ivy Investment Management Co

    Investment Objective: The investment seeks to provide growth of capital.

    Small-Cap Blend Stocks

    Goldman Sachs Small Cap Value A (Class: A)

    Inception Date: 10/22/1992

    Advisor: Goldman Sachs Asset Management, L.P.

    Investment Objective: The investment seeks long-term capital appreciation.

    Vanguard Small Cap Index Adm (Class: Admiral)

    Inception Date: 11/13/2000

    Trading Restrictions: Type B**

    Advisor: Vanguard Group, Inc.

    Investment Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of

    small-capitalization stocks.

    Small-Cap Growth Stocks

    Janus Triton Fund (Class: R)

    Inception Date: 07/06/2009

    Advisor: Janus Capital Management LLC

    Investment Objective: The investment seeks long-term growth of capital.

    ** See Disclosure Page for more details.

    23

  • International Stocks

    World/Foreign Stocks

    American Funds EuroPacific Growth Fund (Class: R-3)

    Inception Date: 05/21/2002

    Trading Restrictions: Type C**

    Advisor: Capital Research and Management Company

    Investment Objective: The investment seeks long-term growth of capital.

    Vanguard Total International Stock Index Adm (Class: Admiral)

    Inception Date: 11/29/2010

    Trading Restrictions: Type B**

    Advisor: Vanguard Group, Inc.

    Investment Objective: The investment seeks to track the performance of a benchmark index that measures the investment return of stocks

    issued by companies located in developed and emerging markets, excluding the United States.

    Emerging Market Stocks

    Oppenheimer Developing Markets R (Class: R)

    Inception Date: 03/01/2001

    Advisor: OFI Global Asset Management, Inc. Subadvisor: OppenheimerFunds, Inc.

    Investment Objective: The investment seeks capital appreciation.

    ** See Disclosure Page for more details.

    DisclosuresThe performance data given represents past performance and should not be considered indicative of future results. An investment in thesefunds, other than the Transamerica Stable Value investment choice(s), is subject to market risk. Principal value and investment return willfluctuate, so that an investors shares, when redeemed, may be worth more or less than the original investment. Current performance may belower or higher than the performance quoted herein. Fund portfolio statistics change over time. The fund is not FDIC insured, may lose valueand is not guaranteed by a bank or other financial institution.

    Performance

    Performance shown reflects average annual total investment choice returns (except last quarter and year-to-date) for the period indicated.

    Other than for the Stable Value investment choice(s) (which are not mutual funds), total return shown reflects performance adjusted to reflect

    all actual ongoing investment choice expenses and assumes reinvestment of dividends and capital gains, but is not adjusted for sales charges

    or the effects of taxation. The expense ratios quoted show the maximum total operating expenses (gross expense ratio) of the investment

    choices corresponding mutual fund as well as the net expense ratio. The Total Net Expense Ratio is the Gross Expense Ratio less any interest

    expense and waivers. If applicable, interest expense results from a funds use of certain investments such as reverse repurchase agreements.

    Such expense is required to be treated as a fund expense for accounting purposes and is not payable to the fund. Any interest expense

    amount will vary based on the funds use of those investments as an investment strategy best suited to seek the objective of the fund. Waivers

    represent the elimination of all or part of a funds expenses and fees by voluntary or contractual agreement of the advisor. Expense waivers

    are classified based on the type of fee being waived. The type of waiver, if any, waiver amount and expiration date are provided in the

    investment choices summary section or investment fact sheets. The performance shown takes into account expense waivers in effect, if any,

    without which, performance would have been lower. Please see the fee table in the funds prospectus for more information. Performance does

    not take into account any plan fees, asset based charges, service charges or, if applicable, surrender or discontinuance charges. If adjusted

    for these charges, performance would be lower.

    Load-Adjusted Total Return is total return adjusted for sales charges. The sales charge adjusted for may not necessarily be consistent with the

    prospectus.

    Deposits made by plan participants are not subject to any front-end loads/sales fees of the mutual fund.

    Performance shown since inception is from the performance inception date shown next to the fund on the Investment Choices Performance

    Overview.

    24

  • Performance and investment related information shown herein is provided by Morningstar and/or its content providers. Transamerica Retirement

    Solutions ("Transamerica") cannot and does not warrant that this information is accurate, complete, or timely.

    Asset Classes

    The investment choices have been assigned to various asset classes by Transamerica Retirement Solutions. They may not be representative

    of that particular asset class in the future.

    Explanation of Investment Styles and Risks

    Stable Value: An investment that seeks to preserve principal, and provide consistent returns and liquidity. Stable Value investment choices

    seek capital preservation, but they do carry potential risks. Stable Value investment choices may be comprised of or may invest in annuity

    or investment contracts issued by life insurance companies, banks, and other financial institutions. Stable Value investment choices are

    subject to the risk that the insurance company or other financial institution will fail to meet its commitments, and are also subject to general

    bond market risks, including interest rate risk and credit risk.

    Intermediate-Term Bonds: Debt securities issued by governments, corporations, and others, typically with durations of 3.5 to 6 years. The

    value of bonds changes in response to changes in economic conditions, interest rates, and the creditworthiness of individual issuers. Bonds

    can lose value as interest rates rise, and an investor can lose principal.

    Government Bonds: Debt securities issued by governments or their agencies (e.g., U.S. Treasury Bills). The value of bonds changes in

    response to changes in economic conditions, interest rates, and the creditworthiness of individual issuers. Bonds can lose value as interest

    rates rise, and an investor can lose principal. Any U.S. government guarantees of the securities pertain only to those securities and not to

    portfolios that invest in them.

    World/Foreign Bonds: An investment category that mostly comprises debt securities issued by entities primarily (world, a.k.a. global) or

    exclusively (foreign, a.k.a. international) outside the United States and involving special additional risks. The risks of world/foreign bonds

    include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging or

    developing markets may accentuate these risks. Also, the value of bonds changes in response to changes in economic conditions, interest

    rates, and the creditworthiness of individual issuers. Bonds can lose value as interest rates rise, and an investor can lose principal.

    Large-Cap Value Stocks: An investment category that mostly comprises stocks of large companies that are believed to be priced below what

    they are really worth. Stocks have historically offered the potential for greater long-term returns, but also entail greater short-term risks than

    other investments. Value stocks may be subject to special risks that have caused the stocks to be out of favor and under valued in the

    opinion of the portfolio managers who invest in them.

    Large-Cap Blend Stocks: An investment category that mostly comprises both value and growth stocks of large companies. Stocks have

    historically offered the potential for greater long-term returns, but also entail greater short-term risks than other investments. Blend

    strategies are subject to both growth and value risks.

    Large-Cap Growth Stocks: An investment category that mostly comprises stocks of large companies whose earnings are expected to grow

    more quickly than the market average. Stocks have historically offered the potential for greater long-term returns, but also entail greater

    short-term risks than other investments. Most growth investments offer higher potential capital appreciation but usually at above-average

    risk. Growth stocks can perform differently than other types of stocks and the market as a whole and can be more volatile than other types

    of stocks.

    Mid-Cap Value Stocks: An investment category that mostly comprises stocks of mid-size companies that are believed to be priced below

    what they are really worth. Stocks have historically offered the potential for greater long-term returns, but also entail greater short-term risks

    than other investment choices. Mid-cap stocks may be more vulnerable to market downturns, and their prices could be more volatile than

    those of larger companies. Value stocks may be subject to special risks that have caused the stocks to be out of favor and under valued in

    the opinion of the portfolio managers who invest in them.

    Mid-Cap Blend Stocks: An investment category that mostly comprises a blend of value and growth stocks of mid-size companies. Stocks

    have historically offered the potential for greater long-term returns, but also entail greater short-term risks than other investment choices.

    Mid-cap shares may be more vulnerable to market downturns, and their prices could be more volatile, than those of larger companies.

    Blend strategies are subject to both growth and value risks.

    Mid-Cap Growth Stocks: An investment category that mostly comprises stocks of mid-size companies whose earnings are expected to rise

    faster than the market average. Stocks have historically offered the potential for greater long-term returns, but also entail greater short-term

    risks than other investment choices. Mid-cap stocks may be more vulnerable to market downturns, and their prices could be more volatile

    than those of larger companies. Most growth investments offer higher potential capital appreciation but usually at above-average risk.

    Growth stocks can perform differently than other types of stocks and the market as a whole and can be more volatile than other types of

    stocks.

    Small-Cap Blend Stocks: An investment category that mostly comprises a blend of both value and growth stocks of small companies. Stocks

    of small companies involve additional risks, including a higher risk of failure, and are not as well established as large, blue-chip companies.

    Historically, small-company stocks have experienced greater price volatility than the overall market. Blend strategies are subject to both

    growth and value risks.

    25

  • Small-Cap Growth Stocks: An investment category that mostly comprises a blend of both value and growth stocks of small companies. Stocks

    of small companies involve additional risks, including a higher risk of failure, and are not as well established as large, blue-chip companies.

    Historically, small-company stocks have experienced greater price volatility than the overall market. Blend strategies are subject to both

    growth and value risks.

    World/Foreign Stocks: This investment category focuses on stocks of companies primarily (world, a.k.a. global) or exclusively (foreign, a.k.a.

    international) outside the United States and involves special additional risks. The risks of world /foreign stocks include, but are not limited

    to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging, or developing, markets may

    accentuate these risks.

    Emerging Market Stocks: This investment category focuses on stocks of companies in emerging or developing countries or regions. Emerging

    market stocks involve special additional risks, including but not limited to, currency risk, political risk, and risk associated with varying

    accounting standards. Historically, emerging market stocks have experienced a greater degree of price volatility than stocks from developed

    markets.

    Asset Based Charges

    Depending upon the investments selected and the specific characteristic of your group, including, among other things, the size of the group,the level of existing and projected plan assets, and any optional features selected for the plan,some or all investment choices may be subjectto certain asset based charges (or credits). We refer to the charge as a variable asset charge/credit (VAC) or a plan service fee/credit(PSF). The charge may be assessed: 1) across all investment choices based on required revenue; 2) across all investment choices for alimited period; or 3) on specific investment choices. For more information about fees, charges, and credits, please see your planadministrator.

    Trading Restrictions

    The ability to exchange shares of the mutual fund may be restricted in the event that a sponsor or participant engages in trading patterns

    which are detrimental to the mutual fund.

    Mutual funds with trading restrictions may be subject to certain transfer restrictions. Participant-directed transfers into this mutual fund may

    be limited. Additionally, plan-level restrictions may apply. Automatic scheduled transactions such as payroll contributions, loan repayment,

    etc. may not be subject to these restrictions. However, you may transfer funds out of this mutual fund at any time. These restrictions may be

    changed at any time to comply with any restrictions on trading imposed by the mutual fund.

    Type B: Participants who exchange shares out of a fund family will not be permitted to exchange shares into the same fund for 60 calendar

    days. The policy will not prevent regular employer or participant contributions into a fund, nor will it prevent a participant from exchanging out

    of a fund at any time. Reallocation and rebalancing transactions completed systematically or directly by participants will not be exempt from

    the frequent-trading policy.

    Type C: Transfers into this fund will be limited for a rolling 30-day period once a transfer out has been made.

    Additional Notes

    The information contained in the investment choice performance overview and the attached investment profiles is date-sensitive and

    only valid for the current quarter. This information is generally updated quarterly. You should obtain updated information from your plan

    administrator to ensure you have the most current information.

    26

  • Disclosures

    The information in this enrollment workbook is intended to beeducational and to provide you with information that may help youmake better use of retirement savings opportunities in realizingyour retirement goals. Different assumptions concerning earnings,taxes, investment rates of return, and retirement age will generallyyield different results. All information in this enrollment workbook isprovided for illustrative purposes only and should not be consideredlegal or investment advice.

    Securities offered by Transamerica Investors Securities Corporation(TISC), 440 Mamaroneck Avenue, Harrison, NY 10528. Transamericaand TISC are affiliated companies. Your organization selectedTransamerica Retirement Solutions as your retirement plan provider,but there are no other affiliations between your organization andTransamerica or its affiliate, TISC.

  • TD-12?Tt0P (04/13) 2013 Transamerica Retirement Solutions Corporation

    benefits.paychex.com

    877-244-1771

    www.TA-Retirement.com

    (800) 401-8726

    512365-00000TD-12099-TRS (04/13) (1) 12/09/20142013 Transamerica Retirement Solutions Corporation

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