These indices are to be used for comparison only. They are not indicative of the rates of returns you should expect from the funds in your Savings Plans.

There are no sales commissions, front-end loads, transfer fees, redemption fees, or other fees associated with these plans (although Beneficial Life Insurance Company may impose a penalty on transfers from the Group Annuity Fund). The fees shown above are deducted from earnings prior to posting and do not appear as separate items on your statement. Before you invest in any program, you should thoroughly investigate all fees. You will find that the fees for Savings Plans are low, which helps you maximize your returns.

Note: Schwab PCRA balances are not subject to above administrative and investment fees. Instead, $25 per quarter is charged for each account with a PCRA balance. An annual account maintenance fee of $15 will be assessed to inactive participant accounts with combined Savings Plans balance of less than $5,000.