PORTFOLIO PERFORMANCE INFORMATION Performance data for the Plan will be available as of September 2,

2014 on the Plan’s website at www.lonestar529.com or by

calling 800.445.GRAD (4723), option #4. It is anticipated

that the Plan Description will be updated at least annually to reflect full year performance data. Portfolio performance information represents past performance and is no guarantee of future results, and will be net of Total Annual Asset‑based Fees and will not reflect the impact of any potential federal or state taxes.

In evaluating the Portfolio performance information, the Account Owner should consider that the Portfolios are relatively new and do not have a significant operating or investment performance history. Moreover, in view of anticipated periodic revisions of allocations and possible changes in the Underlying Investments, the future investment results of any Portfolio for any period cannot be expected to be similar to the past performance of any Underlying Investment or group of investments.

Performance differences between a Portfolio and its Underlying Investments may also result from differences in the timing of purchases. On days when Contributions are made to an Account, the Portfolios will not use that money to purchase shares of an Underlying Investment until the next business day. This timing difference, depending on how the markets are moving, will cause the Portfolio’s performance to either trail or exceed the Underlying Investment’s performance.

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The Russell 1000® Value Index measures the performance of the large-cap value segment of the U.S. equity universe. The Russell 2000® Index consists of the small‑cap segment of the U.S. equity universe. The Russell 2000® Index includes the smallest 2000 securities in the Russell 3000® Index.The Russell 3000® Index measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. equity market.

The Dow Jones U.S. Total Stock Market Index measures all U.S. equity securities that have readily available prices. The S&P 500® Index consists of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500® Index is a market‑value weighted index and each stock’s weight in the index is proportionate to its market value.

The MSCI All Country World (excluding U.S.) Index is a market‑capitalization‑ weighted index designed to provide a broad measure of stock performance throughout the world, with the exception of U.S.‑based companies. The MSCI All Country World Index Ex-U.S. Index includes both developed and emerging markets.

The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the US & Canada. The MSCI EAFE Index consists of the following 21 developed market country indexes: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. The Barclays Capital U.S. Aggregate Bond Index is a market capitalization‑ weighted index, meaning the securities in the index are weighted according to the market size of each bond type. Most U.S. traded investment grade bonds are represented. Municipal bonds and Treasury Inflation-Protected securities are excluded. The Index includes Treasury securities, Government agency bonds, mortgage‑backed bonds, corporate bonds, and a small amount of foreign bonds traded in the U.S. The Barclays Capital Aggregate Bond Index is an intermediate term index.

The Barclays U.S. TIPS Index measures the performance of the US Treasury Inflation Protected Securities (“TIPS”) market. The index includes TIPS with one or more years remaining maturity with total outstanding issue size of $250M or more.

The Citigroup 1‑month Treasury Bill Index consists of the last one‑ month Treasury bill issue and measures monthly return equivalents of yield averages that are not marked to market.

Portfolio Performance Benchmarks

Each Portfolio evaluates its performance against either a single index or a weighted aggregation of broad-based equity indices. Benchmark returns will be included with Portfolio performance, when available.

The State’s investment consultant has selected a broad‑based equity index to serve as a measure of performance of each Underlying Investment in a Portfolio, as follows:

Underlying Investment Benchmark Index

T. Rowe Price Institutional Large‑Cap

Growth Fund Russell 1000 Growth Index

Artisan Value Fund

Institutional class Russell 1000 Value Index

William Blair Growth Fund

Class I Dow Jones U.S. Total Stock Market Index DFA U.S. Small Cap Portfolio

Institutional class Russell 2000 Index

Dodge & Cox International Stock Fund MSCI All Country World ex-U.S. Index TIAA-CREF International Equity Index

Fund

Institutional class MSCI EAFE Index

TIAA‑CREF S&P 500 Index Fund

Institutional class S&P 500 Index

TIAA-CREF Social Choice Equity Fund

Institutional class Russell 3000 Index

Templeton Institutional Funds Foreign Equity Series

Primary Shares MSCI All Country World ex-U.S. Index

Dreyfus Bond Market Index Fund

BASIC class Barclays U.S. Aggregate Bond Index

DFA Inflation-Protected Securities Portfolio

Institutional class Barclays U.S. TIPS Index

Invesco Liquid Assets Portfolio

Institutional class Citigroup 1‑Month Treasury Bill

Dreyfus Treasury Prime Cash Management

Institutional Shares Citigroup 1‑Month Treasury Bill

The benchmark for each Portfolio, except the Individual Fund Portfolios, is comprised of these broad-based equity indices that are then weighted in an amount equal to each Portfolio’s target allocation of Underlying Investments, as described in the preceding charts on page 9 for the Age‑Based Portfolios and on page 11 for the Static Fund Portfolios. Because each Individual Fund Portfolio does not allocate to more than one Underlying Investment, a benchmark comprised of multiple underlying indices is not necessary.

The following is a description of each broad‑based index for each Underlying Investment. This information below reflects the most current information available as of the date of this Plan Description:

The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe.

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to the Account is a matter between the Account Owner and the Financial Advisor and is not a feature of the Plan.

When deciding which Unit class is best for you, you should consider, among other factors, when Contributions are to be made to your Account, the amounts of your Contributions, how long Contributions will be held in your Account before withdrawals are directed, and the age of your Designated Beneficiary. Due to the differing sales charge structure among the Unit classes, the net asset value of a Portfolio Unit class and the investment return on a Contribution invested in that Unit class may be more or less than it would be by investing in a different Unit class. Your Financial Advisor can help you determine which Unit class is best suited to your investment goals.

The Board and the Plan Distributor may change the sales charge structure of any Unit class at any time.

Money Market Portfolio

Units of the Money Market Portfolio are sold at net asset value without an initial sales charge. Units of the Money Market Portfolio purchased after September 25, 2009 do not convert to Class A, B or Advisor Class Units (formerly Class C Units) with the passage of time and will not be subject to any Contingent Deferred Sales Charge (“CDSC”). Financial Advisors who sell Units of the Money Market Portfolio do not receive any initial or ongoing compensation.

Money Market Portfolio assets that were previously invested in the Stable Value Portfolio may be subject to a CDSC when withdrawn from or exchanged out of the Money Market Portfolio. Each purchase of Class A, B and C Units previously invested in the Stable Value Portfolio has its own CDSC period. The time during which Money Market Portfolio assets were invested in Class A, B and C Units of the Stable Value Portfolio prior to September 25, 2009 will be added to the time that such assets are invested in the Money Market Portfolio for purposes of calculating the CDSC. The CDSC charged by the Money Market Portfolio with respect to such assets will be determined by presuming that such assets are withdrawn in the order in which they were invested in the Stable Value Portfolio. The CDSC will be fully or partially waived for certain withdrawals as described below. Contributions invested in the Money Market Portfolio after September 25, 2009 are not subject to any CDSC.