RCH

Terminating Helps sponsors of terminating plans fulfill their

fiduciary responsibilities, including notifying
Plan participants, responsibly managing participant
distributions, locating missing participants and
Service establishing safe harbor IRAs for unresponsive
participants.

3545 Whitehall Park Dr., Suite 400

Charlotte, NC 28273
Phone: 866.827.9608 • Fax: 704.295.1202
www.RCH1.com
Email: sales@RCH1.com
The Terminating Plan Experts

• 2,300+ terminating plans served

• 186,000+ terminating plan

participants guided, with $2.8 billion
in retirement savings

• 29,000+ participants in largest

terminating plan

• Experts in locating missing

participants to facilitate distribution of
terminating plan assets

• Expert guidance & assistance reduce

terminating plan participant cash outs
by over 50%, vs. industry averages

• All services delivered in Charlotte, NC

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 2

RCH Terminating Plan Service Features
Easy to Implement
• Sign services agreement
• Choose default investment option and services required
• RCH works with recordkeeper to implement program
Fully-Integrated Solution
• Participant notifications
• Missing participant searches, including USPS Certified Mail
• RCH Service Center assists all participants
• Safe harbor IRAs established for unresponsive participants
Better Participant Outcomes
• Support for all pre- and post-rollover participant transactions,
including consolidation to an existing plan or IRA
• Proven to reduce cashouts by over 50%, vs. industry averages
• Missing participant searches, including USPS Certified Mail, if
required

Beneficial Fee Structure

• Monthly account maintenance fee delivers substantial savings
to most IRA accountholders, vs. an annual fee paid in advance
• No hidden accountholder fees or lock-up provisions
IRA Accountholder Investment Options
• Range of investment options available, at no charge
Ongoing RCH Service Center & Online Support
• RCH Service Center open Mon.-Fri., 8:00am – 7:00pm ET
• Bi-lingual support
• All services delivered in Charlotte, NC

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 3

How the RCH Terminating Plan Service Works

Participant Data, Outreach Pre-Distribution Assistance Ongoing Servicing

RCH Client Services Team

RCH Service Center,

RCH1.com Web Portal
PPT Data
RCH Performs:
• Electronic address RCH Service Center: RCH Service Center & Operations:
verification / data • Manages participant response • Establishes safe harbor IRAs for all
scrub window unresponsive participants
• Mailings of required • Provides support for all • Mails initial Welcome Kits
participant transactions, including • Processes contributions &
Client Services: notifications consolidation distributions
Acquires
If Initial Mailing is • Educates participants on the high • Responds to accountholder requests
Participant cost of cashing out, including • Delivers accountholder service
Returned:
Data From access to the RCH online cashout • Mails statements & tax forms
• RCH delivers USPS
Plan’s RK calculator • Conducts missing accountholder
Certified Mail, per DOL
regulations • Provides bi-lingual support searches

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 4

Default Investment Options & Fees

Safe Harbor IRA Specifications Federated Government Obligations Fund (TR) Reich & Tang Insured Deposit Account
Description A money market mutual fund seeking to provide The Reich & Tang Insured Deposits Program is an
current income consistent with stability of principal by expanded FDIC-insured sweep program that
investing in a portfolio of U.S. Treasury and allows broker-dealers and other financial
government securities maturing in 397 days or less institutions to invest the cash balances of end
and repurchase agreements collateralized fully by U.S. customers’ accounts into a liquid and flexible
Treasury and government securities. offering of FDIC-insured bank deposits.
Service provider Retirement Clearinghouse Retirement Clearinghouse
Custodian Fifth Third Bank Fifth Third Bank
Current yield as of 10.31.19 1.21% 0.80%
Yield return determination Set by fund manager Based on Fed funds rate
One-Time Communication Fee1 Call (866) 827-9608 Call (866) 827-9608
Account setup fee No cost No cost
Monthly IRA administrative & recordkeeping fee Call (866) 827-9608 Call (866) 827-9608
Transfer to another RCH investment option No cost No cost
Minimum investment None None
Can owner change investment option? Yes Yes
,
Available in all 50 states D.C. & Puerto Rico? Yes Yes
Available for rollovers of Roth funds? Yes Yes
Available for rollovers of post-tax funds? Yes Yes
Online statements? Yes Yes
Distribution/Closeout fee Call (866) 827-9608 Call (866) 827-9608
FDIC insured? No Yes
Meets DOL Safe Harbor IRA requirements Yes Yes
Post-Notification Missing Participant Search2 Call (866) 827-9608 Call (866) 827-9608
1 - Participant is charged a communication fee only if RCH performs the initial participant mailings and provides pre-rollover Service Center support. Fee is paid by new RCH safe harbor IRA accountholders.
2 - Fee charged to plan sponsor if RCH engaged to perform this service

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 5

IRA Accountholder Investment Menu
Fund Manager Investments Available to RCH IRA Accountholders
Federated Capital Income Fund (A) - CAPAX
* Federated Government Obligations Fund (Tr) - GORXX
Federated MDT All Cap Core Fund (R6) - QKACX
Federated MDT Balanced Fund (R6) - QKBGX
Federated Total Return Bond Fund (R) – FTRKX
Fidelity Advisor Freedom 2050 Fund (M) - FFFQX
Fidelity Advisor Freedom 2055 Fund (I) - FHFIX
Fidelity Asset Manager 20% Fund - FASIX
Fidelity Asset Manager 50% Fund - FASMX
Fidelity Asset Manager 85% Fund - FAMRX
Fidelity Freedom 2010 Fund - FFFCX
Fidelity Freedom 2015 Fund - FFVFX
Fidelity Freedom 2020 Fund - FFFDX
Fidelity Freedom 2025 Fund - FFTWX
Fidelity Freedom 2030 Fund - FFFEX
Fidelity Freedom 2035 Fund - FFTHX
Fidelity Freedom 2040 Fund - FFFFX
Fidelity Freedom 2045 Fund - FFFGX
Janus Henderson Balanced Fund (R) - JDBRX
Janus Henderson Flexible Bond Fund (R) - JDFRX
Janus Henderson Growth & Income Fund (R) - JDNRX

Principal SAM Balanced Fund (A) - SABPX

Principal SAM Conservative Balanced Fund (A) - SAIPX
Principal SAM Conservative Growth Fund (A) - SAGPX
Principal SAM Flexible Income Fund (A) - SAUPX
Principal SAM Strategic Growth Fund (A) - SACAX
T. Rowe Price Retirement 2020 Fund (Adv) - PARBX
T. Rowe Price Retirement 2030 Fund (Adv) - PARCX
T. Rowe Price Retirement 2040 Fund (Adv) - PARDX
T. Rowe Price Retirement 2050 Fund - TRRMX
T. Rowe Price Retirement 2055 Fund - TRRNX

* Reich & Tang FDIC Insured Deposits Fund

* Available as default investment option choice

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 6

About Retirement Clearinghouse

Retirement Clearinghouse (RCH) is the leading specialist in retirement savings portability services,
with best practices designed to address the problems caused by small accounts.

What Causes Small Accounts? Why RCH?

A mobile workforce, combined with savings-based initiatives
History of Success:
(e.g. auto-enrollment) drives a proliferation of small accounts in
• 622,000+ automatic rollover IRAs
401(k) retirement plans. Small accounts occur each time a new
• 1.5 million+ participant addresses verified
participant enrolls in the plan, or when a short-tenure or low-
• $4.3 billion+ assets consolidated
deferral rate participant separates.
• 27,000+ plan sponsor clients
The Impact of Small Accounts on Your Plan: • Largest client: 268,000+ participants
• Growth in plan costs • Strong, secure and profitable
• Increase in fiduciary liability • Industry thought leader
• Problems with missing participants and uncashed checks
Proven Results in One of the Nation’s Largest Plans:
Portability / Transition Management Services Offered by RCH: • Reduced cashouts by 51%
RCH Automatic Rollover Service • Consolidated over 72,000 participant accounts
RCH Managed PortabilitySM • Performed over 207,800 participant address updates
• In: RCH Assisted Roll-In • Found over 7,000 missing participants
• Out: RCH Assisted Roll-Out
RCH Address Location Service
RCH Uncashed Check Service
RCH Terminating Plan Service
Financial
Technology + Data
+ Information
=
Defined Benefit Plan Force-Outs. Lump Sum Windows

Based in Charlotte, NC, RCH is on the web at www.RCH1.com.

For more information, contact RCH at (866) 827-9608, or via e-mail at sales@RCH1.com

Confidential & Proprietary © Retirement Clearinghouse 2001-2019 7