Page 18 - AugDefComp

• Replace Vanguard Mid Cap Index (VMCIX) fund (0.04%) with Fidelity Mid Cap Index (FSMDX) fund
(0.025%) and map all assets and future allocations to the Fidelity Mid Cap Index (FSMDX) fund.

• Replace Vanguard Small Cap Index (VSCIX) fund (0.04%) with Fidelity Small Cap Index (FSSNX) fund
(0.025%) and map all assets and future allocations to the Fidelity Small Cap Index (FSSNX) fund.

• Replace Vanguard Developed Market Index (VTMGX) fund (0.07%) with Fidelity International
Index (FSPSX) fund (0.035%) and map all assets and future allocations to the Fidelity International
Index (FSPSX) fund.

• Replace Vanguard Total Bond Index (VBTIX) fund (0.035%) with Fidelity U.S. Bond Index (FXNAX)
fund (0.025%) and map all assets and future allocations to the Fidelity U.S. Bond Index (FXNAX)
fund.

The rationale presented during the May DCAC meeting was to reduce investment expenses (shown above
in parenthesis) paid by the plan participants and to utilize more style-pure indexes.

As always, please do not hesitate to contact us with any questions.

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