Your plan's investment lineup is getting an upgrade.

Wilshire has determined that a more streamlined, low-cost, and better-diversified lineup is more suitable and appropriate for your plan. As part of this change, your account will be re-enrolled in your plan's default investment election (Target-Date Funds or Goals-Based Investing) that your employer selected when the plan transitioned from Accrue to Vestwell. Because the plan’s investment lineup is being significantly updated, nearly all accounts will experience changes. For this reason, this re-enrollment applies to nearly all other employees in your company plan to ensure a consistent and effective approach:

• Helps ensure you benefit from the streamlined, low-cost investment options
• Provides access to professional management designed to support long-term retirement outcomes
• Creates a simpler, more consistent approach that's easier to understand and manage

You always retain full control over your account and can make changes at any time after August 19th, 2026.

Yes. Wilshire Advisors, the independent asset manager that makes fiduciary investment decisions for your plan, is updating the fund lineup. It is replacing a large, complex list of Vanguard funds with a simpler three-tier structure. Additionally, the new funds cost less, which means more of your money can be invested and work for your retirement.

• The savings on core index funds have lower expense ratios.
• For example:
  • The new S&P 500-style index fund costs 0.01% vs. 0.04% previously (69% reduction)
  • The new US Bond index fund costs 0.02% vs. 0.04% previously (50% reduction)
  • Most other index funds are 40–50% less expensive compared to the investment options offered by Guideline.
• Over a long investing horizon, lower costs can add up to thousands of dollars more in your account at retirement.

As a participant in your retirement plan, you are always solely responsible for making your own investment decisions. Vestwell does not provide legal, tax, or investment advice to any individual. You can review your investment elections and make changes if you want to after August 19th. If you take no action, your investments will be invested in the default investment options selected by your employer. You can always change your elections at any time, without penalty, by logging into your Vestwell account.

If your employer chose it as your plan’s default investment strategy, yes. If your employer selected age-based (target date funds) as the default, you will be invested in target date funds unless you affirmatively select a different investment strategy. You can change your investment selections anytime after August 19, 2026 by logging into your Vestwell account.

If you're enrolled in goal-based investing, you pay 0.35% of your account balance per year, deducted monthly and calculated using your average daily balance for the days that you are enrolled in the service. Your employer pays no additional cost. These fees are shown on your retirement plan statement and in your transaction log in your Vestwell account portal. If you prefer a target date fund, a risk model, or a custom allocation, you are not charged a goal-based investing account fee.

As a participant in your retirement plan, you can always change your investments and you’re responsible for your investment decisions. If you prefer a target date fund or a custom mix of funds, log into your Vestwell account and update your investment elections anytime after August 19, 2026. You won’t be charged the managed account fee if you are not enrolled in goal-based investing.