(PUB) Investing 2015

4

Morningstar’s 401(k) Funds

Morningstar Analyst Rating

Morningstar Rating Overall

Prospectus Net Expense Ratio (%)

Total Ret Ann 5-Yr (%)

Total Ret % Rank Cat 5-Yr

Total Ret Ann 10-Yr (%)

Total Ret % Rank Cat 10-Yr

Total Ret Ann 15-Yr (%)

Total Ret % Rank Cat 15-Yr

Manager Tenure (Yr)

Name

Morningstar Category

American Funds New World R5 RNWFX

Div Emerging Mkts

16.17

0.69

4.92

4

7.96

8

8.24

33

Œ

QQQQQ

American Funds Washington Mutual R5 RWMFX Œ

Large Value

17.08

0.34

15.33

15

7.36

22

7.24

31

QQQQ

DFA International Small Company DFISX

Frgn Sm/Mid Blend

16.67

0.53

9.51

59

6.84

44

9.19

13

QQQQ

Dodge & Cox International Stock DODFX

Frgn Large Blend

14.25

0.64

8.62

16

6.47

17

Œ

QQQQ

Harbor Capital Appreciation Instl HACAX

Large Growth

25.25

0.66

18.61

11

9.35

19

3.63

50

Œ

QQQQ

Loomis Sayles Bond Instl LSBDX

Multisector Bond

24.25

0.63

6.17

20

6.80

7

8.32

9

Œ

QQQQ

Morgan Stanley Inst US Real EstateI MSUSX

Real Estate

20.50

0.95

12.80

48

7.18

22 11.35

17

QQQQ

Oakmark Select OAKLX

Large Blend

18.75

0.95

16.68

11

7.87

20

9.80

2

Œ

QQQQ

Oppenheimer Developing Markets ODVYX

Div Emerging Mkts

8.25

1.07

3.33

15

9.48

2 11.60

1

QQQQ

PIMCO Commodity Real Ret Strat Instl PCRIX

Commodities Broad Bskt QQQ

7.67

0.74

-5.78

28

-2.48

24

PIMCO Real Return Instl PRRIX

Inflation-Prot Bnd

7.67

0.45

3.37

3

4.68

2

6.38

1

QQQQQ

PIMCO Total Return Instl PTTRX

´ Intermediate-Trm Bnd

0.92

0.46

3.97

32

5.93

4

6.57

4

QQQQQ

PRIMECAP Odyssey Aggressive Grw POAGX

Mid-Cap Growth

10.75

0.63

22.42

1 13.69

1

Œ

QQQQQ

Royce Special Equity Instl RSEIX

Small Blend

17.25

1.02

11.41

88

7.91

31 11.44

7

Œ

QQQ

Selected American Shares SLADX

´ Large Blend

20.67

0.60

13.46

75

6.64

65

5.41

26

QQ

T. Rowe Price High Yield PRHYX

High Yield Bond

19.17

0.75

7.73

17

7.19

16

7.38

11

QQQQ

T. Rowe Price Small-Cap Stock OTCFX

Small Growth

22.92

0.91

17.00

45

9.58

18

9.63

9

QQQQ

Vanguard FTSE Social Index VFTNX

´ Large Blend

3.67

0.16

17.39

5

7.09

49

3.31

84

QQQQ

Vanguard Institutional Index VINIX

Large Blend

14.67

0.04

16.22

19

7.73

22

4.62

43

Œ

QQQQ

Vanguard Intl Growth Adm VWILX

Foreign Large Growth

12.50

0.34

8.32

45

6.72

26

4.46

28

QQQ

Vanguard Selected Value Inv VASVX

Mid-Cap Value

16.42

0.44

15.35

38

8.17

29 10.75

15

Œ

QQQQ

Vanguard Total Bnd Mrkt Indx Adm VBTLX

Intermediate-Trm Bnd

2.50

0.07

3.21

66

4.58

45

5.25

46

QQQ

Wasatch Small Cap Growth WAAEX

Small Growth

28.67

1.21

15.99

60

7.77

71

8.89

17

Œ

QQQ

Data as of July 31, 2015.

in down markets make it a welcome holding in the worst of times.

different value strategy. The fund has top-quartile returns over the trailing 10 - and 15 -year periods.

Vanguard FTSE Social Index VFTNX Performance has improved at this fund since it switched to the FTSE4 Good US Select Index in December 2005 . The fund has beaten its average peer while lagging the S & P 500 by a modest amount. The fund charges a mere 0 . 16% , so it’s a pretty good bet. Vanguard Institutional Index VINIX This is the institutional version of Vanguard 500 Index VFINX . It charges just 0 . 04% . Enough said. Vanguard Selected Value VASFX Vanguard’s active funds’ are pretty cheap, too. This one charges just 0 . 41% for the services of three solid value managers. It’s run by Barrow Hanley, Donald Smith & Co., and Pzena, each of whom has a slightly

Vanguard Total Bond Market Index VBTLX Along with PIMCO Total Return, this fund makes two funds in the intermediate-bond category. Why two? The index is heavily weighted to U.S. government securities, whereas PIMCO Total Return invests in government bonds as well as high-yield, foreign debt, and currency plays. Thus, we provide two very different paths for employees to select. Wasatch Small Cap Growth WAAEX Jeff Cardon has the longest tenure of any of the managers in our 401 (k). He’s been running this closed fund since 1986 . He uses the same flexible small- cap-growth strategy that he’s used all along. However, over the years Wasatch has built up its analyst staff so that he receives more support than he did in the early years. K

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