This document contains important information concerning our retirement plan. The first section provides you with information about the plan in general, including any expenses you might incur through participation in the plan or through taking advantage of different plan features. The second section provides information about the plan’s investment alternatives, including any fees or expenses associated with those investments. If you have questions concerning any of this information, contact Plan Representatives at 800-477-3829.
Plan Information
This information includes: annual operating expenses of the Plan investments; copies of prospectuses, financial statements, reports, or other material relating to Plan investments provided to the Plan; a list of assets
contained in each Plan investment portfolio; the value of those assets and fund units or shares; and the past and current performance of each Plan investment. As a Plan participant, you may request certain information from Plan Representatives at 800-477-3829.
Participant investment instructions
You may choose how to invest all of the contributions held in your Supplemental Income 401(k) Plan account, among the investment options available within the Plan, subject to the terms of the Plan and any restrictions described below.
Limitations on investment instructions
You may change how the contributions to your account are invested by logging into your account at
www.johnhancockrps.com/SIP or by calling 1-800-560-3243 on any day the New York Stock Exchange is open for business.
Voting rights
Generally, any voting, tender or similar rights regarding the investment choices offered in the Supplemental Income 401(k) Plan will be exercised by the Plan’s Board of Trustees.
Designated investment alternatives
The Supplemental Income 401(k) Plan provides investment options into which you can direct your contributions. Section two of this document lists these investment options and provides information regarding each option.
Additional information
The Plan’s quarterly Recordkeeping Fee is $2.50 per participant and is deducted from the participant’s account each quarter. The Plan’s quarterly Trust Fund Management Fee is $4.50 per active participant and $8.50 per inactive participant. Under the terms of the Collective Bargaining Agreement covering your workplace, this fee is either paid by your employer or paid from your Plan Account. Refer to the Collective Bargaining Agreement to confirm whether you or your employer pays this fee.
Individual Expenses
The Plan imposes certain charges against individual participant accounts, rather than against the Plan as a whole. These expenses will arise based on your use of a feature available under the Plan (e.g., participant loans), or based on the application of applicable law (e.g., processing a domestic relations order in case of a divorce).
Fee Description Fee Amount Minimum Dollar Amount
Maximum Dollar Amount
Fee Charge Frequency
Loan Set Up Fee $75.00 $1,000 $50,000 On-Request
Loan Maintenance Fee $7.50 $1,000 $50,000 Quarterly
Withdrawal Fee $10.00 n/a n/a On-Request
Withdrawal fees – Charges imposed for withdrawals Loan fees - Charges imposed for loans
Supplemental Income 401(k) Plan
This document includes important information to help you compare the investment options under your retirement plan. If you want additional information about your investment options, you can go to the Internet Web site address shown below or you can contact Plan Representatives at 800-477-3829. A free paper copy of the information available on the Web site can be obtained by contacting the number referenced above.
Document Summary
This document has 2 parts. Part I consists of performance information for plan investment options. This part shows you how well the investments have performed in the past. Part II shows you the fees and expenses you will pay if you invest in an option.
Part I. Performance Information
Table 1
focuses on the performance of investment options that do not have a fixed or stated rate of return. Table 1 shows how these options have performed over time and allows you to compare them with anappropriate benchmark for the same time periods. Past performance does not guarantee how the investment option will perform in the future. Your investment in these options could lose money. Information about an option’s principal risks is available on the Web site.
Table 1—Variable Return Investments
Name/
Type of Option
Average Annual Total Return
as of 9/30/2015
1yr. 5yr. 10yr. Since
Inception
Benchmark
1yr. 5yr. 10yr. Since
Inception
Equity Funds
AllianzGI Technology Fund
www.johnhancockrps.com/SIP-1.12% 11.56% 8.66% -- -0.15% 12.81% 8.51% --
Dow Jones Technology Index
American Funds –
Washington Mutual
Investors Fund
www.johnhancockrps.com/SIP-4.10% 11.88% 5.97% --
-4.42% 12.29% 5.71% --
Russell 1000 Value Index
BlackRock Health Sciences
Opportunities Fund
www.johnhancockrps.com/SIP11.94% 20.24% 13.42% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Columbia Small Cap Value
Fund II
www.johnhancockrps.com/SIP
1.12% 12.33% 6.95% -- -1.60% 10.17% 5.35% --
Russell 2000 Value Index
Goldman Sachs Mid Cap
Value Fund
www.johnhancockrps.com/SIP
-5.40% 10.79% 6.35% -- -2.07% 13.15% 7.42% --
Russell Mid Cap Value Index
Invesco Small Cap Growth
Fund
www.johnhancockrps.com/SIP
1.84% 14.18% 8.60% -- -1.60% 10.17% 5.35% --
Russell 2000 Index
MainStay S&P 500 Index
Fund
www.johnhancockrps.com/SIP
-1.16% 12.69% 6.20% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Principal Mid Cap S&P 400
Index Fund
www.johnhancockrps.com/SIP6.83% 16.65% 7.29% -- 0.83% 12.29% 7.65% --
S&P Mid-Cap 400 Index
Balanced Funds
Invesco Equity and Income
Fund
www.johnhancockrps.com/SIP
-3.52% 9.31% 5.84% -- 3.17% 14.47% 8.09% --
Russell 1000 Value Index
Income Funds
Loomis Sayles Bond
Fund
www.johnhancockrps.com/SIP
-6.89% 4.34% 5.74% -- 2.73% 3.09% 4.61% --
Barclays US Government/Credit
MainStay Total Return
Bond Fund
www.johnhancockrps.com/SIP
-0.20% 3.52% 4.94% -- 2.94% 3.10% 4.64% --
Barclays US Aggregate Bond
International
American Funds EuroPacific
Growth
www.johnhancockrps.com/SIP
-5.53% 3.88% 4.70% -- -8.66% 3.98% 2.9% --
MSCI EAFE Index
Asset Allocation
Fidelity Advisor Freedom
2010 Fund
www.johnhancockrps.com/SIP
-1.65% 5.45% 4.28% -- 2.94% 3.10% 4.64% --
Barclays US Aggregate Bond
Fidelity Advisor Freedom
2015 Fund
www.johnhancockrps.com/SIP
-2.03% 5.59% 4.36% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2020 Fund
www.johnhancockrps.com/SIP
-2.32% 6.07% 4.23% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2025 Fund
www.johnhancockrps.com/SIP
-2.55% 6.83% 4.51% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2030 Fund
www.johnhancockrps.com/SIP
-3.37% 7.00% 4.23% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2035 Fund
www.johnhancockrps.com/SIP
-3.38% 7.41% 4.34% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2040 Fund
www.johnhancockrps.com/SIP
-3.83% 7.51% 4.30% -- -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2045 Fund
www.johnhancockrps.com/SIP
-3.79% 7.66% -- 3.82% -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
2050 Fund
www.johnhancockrps.com/SIP
-3.78% 7.74% -- 3.71% -0.61% 13.34% 6.80% --
S&P 500 Index
Fidelity Advisor Freedom
Income Fund
www.johnhancockrps.com/SIP-0.82% 3.27% 3.56% -- 2.94% 3.10% 4.64% --
Barclays US Aggregate Bond
Table 2
focuses on the performance of investment options that have a fixed or stated rate of return. Table 2 shows the annual rate of return of each such option, the term or length of time that you will earn this rate of return, and other information relevant to performance.Table 2—Fixed Return Investments
Name/
Type of Option Return Term Other
SIP Stable Value Option
www.johnhancockrps.com/SIP2.00% 6 months Rate credited through 12/31/2015
Part II. Fee and Expense Information
Table 3
shows fee and expense information for the investment options listed in Table 1 and Table 2. Table 3 shows the Total Annual Operating Expenses of the options in Table 1 and Table 2. Total Annual Operating Expenses are expenses that reduce the rate of return of the investment option. Table 3 also shows Shareholder-type Fees. These fees are in addition to Total Annual Operating Expenses.Table 3—Fees and Expenses
Name /
Type of Option
Total Annual
Operating
Expenses
As a
%
Per
$1000
Shareholder-Type Fees
Equity Funds
AllianzGI
Technology Fund 1.61% $16.10 N/A
American Funds –
Washington Mutual
Investors Fund
.94% $9.40 Excessive trading restrictions require a 30 day holding
period for amounts $5,000 or more.
BlackRock Health
Sciences
Opportunities Fund
1.19% $11.19 N/A
Columbia Small Cap
Value Fund II 1.33% $13.30
Excessive trading restrictions requires 14 day holding
period regardless of amount.
Goldman Sachs Mid
Cap Value Fund 1.14% $11.40 N/A
Invesco Small Cap
Growth Fund 1.22% $12.20
Excessive trading restrictions require a 30 day holding
period for amounts $5,000 or more.
MainStay S&P 500
Index Fund .62% $6.20
Excessive trading restrictions require a 30 day holding
period for amounts $10,000 or more.
Principal Mid Cap S&P
400 Index Fund .54% $5.40
Excessive trading restrictions requires 30 day holding
period regardless of amount.
Balanced Funds
Invesco Equity and
Income Fund .81% $8.10
Excessive trading restrictions require a 30 day holding
period for amounts $5,000 or more.
Income Funds
Loomis Sayles Bond
Fund 1.17% $11.70
Excessive trading restrictions requires 45 day holding
period regardless of amount.
MainStay Total
Return Bond Fund .62% $6.20
Excessive trading restrictions require a 30 day holding
period for amounts $10,000 or more.
International
American Funds
EuroPacific Fund 1.13% $11.30 N/A
Asset Allocation
Fidelity Advisor
Freedom 2010 Fund 0.85% $8.50 N/A
Fidelity Advisor
Freedom 2015 Fund 0.89% 8.90 N/A
Fidelity Advisor
Freedom 2020 Fund 0.91% $9.10 N/A
Fidelity Advisor
Freedom 2025 Fund 0.95% $9.50 N/A
Fidelity Advisor
Freedom 2030 Fund 0.99% $9.90 N/A
Fidelity Advisor
Freedom 2035 Fund 1.01% $10.10 N/A
Fidelity Advisor
Freedom 2040 Fund 1.01% $10.10 N/A
Fidelity Advisor
Freedom 2045 Fund 1.01% $10.10 N/A
Fidelity Advisor
Freedom 2050 Fund 1.01% $10.10 N/A
Fidelity Advisor
Freedom Income
Fund
.75% $7.50 N/A
Fixed Return
Investments
SIP Stable Value
Option 0.75% $7.50 N/A
The cumulative effect of fees and expenses can substantially reduce the growth of your retirement savings. Visit the Department of Labor’s Web site for an example showing the long-term effect of fees and expenses at http://www.dol.gov/ebsa/publications/401kemployee.html. Fees and expenses are only one of many factors to consider when you decide to invest in an option. You may also want to think about whether an investment in a particular option, along with your other investments, will help you achieve your financial goals.
Please visit HTTP://WWW.INVESTMENTTERMS.COM/NYLIFE for a glossary of investment terms relevant to the investment option under this plan. The glossary is intended to help you better understand your options.
2015 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages losses arising from any use of this information. Past performance is no guarantee of future results.
