Plan Costs

Fidelity charges a fee for administering your accounts.

Fidelity

Participants with an account through Fidelity will be assessed a fixed quarterly fee of $10.50, which will be deducted directly from participant accounts and reflected on Fidelity participant account statements.

At distribution, certain funds available through Fidelity may charge a redemption fee. These fees are described in the fund prospectus. In addition, expenses related to mutual fund management are assessed before mutual fund earnings are credited to your account.

Loss of Benefits

There may be circumstances that result in a reduction of the value of your accounts, such as:

• The fees/redemption charges (described above) that relate directly to your investments will be deducted directly from your account.
• A payment from your account was required under the terms of a Qualified Domestic Relations Order.
• You failed to repay a participant loan on a timely basis and an offset of that amount occurred in your account.
• The value of the investments in your plan accounts could decrease in response to market conditions.