MS 0158101581 Microsite Pages** 630 AWADE 1581 Stetson University 1581 Stetson University 2009-07-01T03:21:30.912 03/31/2009 1581 Stetson University FL 0837, BP80 Y Y (800) 842-2003 N ( ) - N ( ) - Premier Sole Recordkeeper 1 http://www.tiaa-cref.og/stetson FL Y 1308 stetson http://www.tiaa-cref.og/stetson http://enroll.tiaamax.com/staging/stetson http://www.stetson.edu Y 1 0 Y Y 3070 4133 9669 9668 9667 9666 9665 3070 Stetson DC Plan Stetson University Retirement Plan RA 0 0 104541 001 1 1 1 0 1 0 1 1 Paper Online 1 Stetson University Retirement Plan: *See Note 0 This is HARDCODED URL N * Note: Once you meet the <A href="plan_det_elig_3070.html">eligibility</A> requirements to receive employer contributions in the <A href="plan_det_home_3070.html">Retirement Plan</A>, <A href="contact.html">Human Resources</A> will provide the access code you need to enroll online. Also, your enrollment in the <A href="plan_det_home_4133.html">Tax Deferred Annuity Plan</A> is not complete until you submit a Salary Reduction Agreement. Contact <A href="contact.html">Human Resources</A> office to obtain a copy. *See Note Y Y Money Market Fund Y 0 fundmappinginfo.pdf 20070227 0 20070227 0 0 Lifecycle funds TIAA-CREF mutual funds N CUSTOM Eligible employees hired after May 31, 2006 will begin participation in this plan on the Plan Entry Date following the completion of one year of service at the institution.* * Exceptions: <UL> <LI> <DIV class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">A president, vice president, associate vice president, dean, associate dean, assistant dean, full-time faculty employee, executive director, director or registrar who was enrolled in a previous employer's retirement plan may participate in this plan immediately. </DIV></LI> <UL> <LI> <DIV class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">The university will contribute to the plan on these employees' behalf at the rate of 10% of base gross salary. </DIV></LI></UL> <LI> <DIV class=MsoNormal style="MARGIN: 0in 0in 0pt">A president, vice president, associate vice president, dean, associate dean, assistant dean, full-time faculty employee, executive director, director or registrar who was not enrolled in a previous employer's retirement plan may participate in this plan immediately.</DIV></LI> <UL> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">During the first year of service at the institution, the university will contribute to the plan on these employees' behalf at the rate of 5% of base gross salary.</LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">Upon completion of one year of service, the university will contribute to the plan at the rate of 10% of base gross salary.</LI></UL></UL> All other eligible employees will begin participation in the plan after one year of service at the institution: <UL> <LI>Upon completion of one year of service at the institution, the staff member will begin participation in the plan at a contribution rate of 5% of base gross salary.</LI> <LI>Upon completion of two years of service, the staff member will begin participation in the plan at a contribution rate of 10% of base gross salary.</LI></UL> Employee After-Tax (K) Employee Pre-Tax (E) Employer (F) Rollover (9) CUSTOM Effective June 1, 2006:<?XML:NAMESPACE PREFIX = O /><O:P></O:P> <O:P> </O:P> An Eligible Employee hired after 05/31/06 will begin participation in this Plan on the Plan Entry Date following fulfillment of the following requirement(s).<O:P></O:P> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">The completion of 1 year of service at the institution with the Exception of the following employees: </LI></UL> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">President, Vice President, Associate Vice President, Dean, Associate Dean, Assistant Dean, Full-time Faculty Employee, Executive Director, Director and Registrar who were enrolled in a previous employer's retirement plan will be eligible to participate immediately in the University's retirement program. </LI></UL> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">The Plan contribution will be at the rate of 10% of the base gross salary.  </LI></UL> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">President, Vice President, Associate Vice President, Dean, Associate Dean, Assistant Dean, Full-time Faculty, Executive Director, Director and Registrar who were not enrolled in a previous employer's retirement plan will be eligible to participate immediately in the University's retirement program. </LI></UL> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">The Plan contribution will be at the rate of 5% of the base gross salary. </LI></UL> <O:P> </O:P> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo2; tab-stops: list .5in">Upon completion of 1 year of service at the institution, the Plan contribution will be at the rate of 10% of base gross salary. </LI></UL> <O:P> </O:P> All other Eligible Employees will begin participation in the Plan after one year of service at the Institution:   <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l1 level1 lfo1; tab-stops: list .5in">Upon completion of 1 year of service at the institution, the staff member will begin participation in the Plan at a contribution rate of 5% of base gross salary. <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; mso-list: l1 level1 lfo1; tab-stops: list .5in">Upon completion of 2 years of service at the institution, the staff member will begin participation in the Plan at a contribution rate of 10% of base gross salary. </LI></UL> None 0 0 CUSTOM While this is not an incentive "matching" plan, Stetson University contributies on behalf of <A href="plan_det_elig_3070.html">eligible employees</A> regardless of their own contributions. Please see <A href="plan_det_contr_3070.html">Contributions</A> for more information. Y CUSTOM Immediate vesting STANDARD N Lump Sum Disability Fixed Period Hardship IPRO Lifetime Income Limited Periodic Option MDO (Minimum Distribution Option) RTB (Retirement Transition Benefit) Single Sum Death Benefit Small Sum Distribution SWAT (Systematic Withdrawals) TPA to Cash (Transfer Payout Annuity) STANDARD N STANDARD N CUSTOM Loans are not allowed under this plan. 0 0 2688 - 0 4133 Stetson TDA Plan Stetson University Tax Deferred Annuity Plan GSRA 0 0 999999 001 1 1 1 0 1 0 1 1 Paper Online 1 Stetson University Tax Deferred Annuity Plan: 104541TDA 0 This is HARDCODED URL N   104541TDA Y Y Lifecycle Fund Y 0 fundmappinginfo.pdf 20070227 0 20070227 0 0 Lifecycle funds TIAA-CREF mutual funds N CUSTOM Employees are immediately eligible to participate in the Tax-Deferred Annuity Plan. Employee After-Tax (K) Employee Pre-Tax (E) Employer (F) Qualified to 457(b) Public Rollover (R) Rollover (9) CUSTOM The plan allows you to make contributions both before your eligibiity under the Stetson University Retirement Plan and in addition to those made by Stetson University to the Retirement Plan after you meet the eligibility criteria for employer contributions. None 0 0 STANDARD N CUSTOM "Vesting" refers to employees' right, usually earned over time, to receive some retirement benefits regardless of whether or not they remain with the employer. Your contribution to this account will be 100% vested immediately. STANDARD N Lump Sum Disability Fixed Period Hardship IPRO Lifetime Income MDO (Minimum Distribution Option) RTB (Retirement Transition Benefit) Single Sum Death Benefit Small Sum Distribution SWAT (Systematic Withdrawals) TPA to Cash (Transfer Payout Annuity) STANDARD N STANDARD Y STANDARD 0 1 5174 - 0 Equities Variable Annuity CREF Equity Index Account 008 0 1 Proprietary Accounts - Equity n/a 41518 The investment seeks long-term return. The fund attempts to track the U.S. stock market as a whole by investing substantially all of its assets in stocks included in the Russell 3000 index. It does not hold all 3000 of the stocks included in the index. Instead, it may use a sampling method to try to emulate the index's overall investment characteristics. 194408308 3070 4133 Large Blend 04/29/1994 -10.86 -10.86 -38.35 -4.95 -2.57 5.45 0.50 90 105 25 34 44 49 90 104 105 121 122 CREF Global Equities Account 006 0 1 Proprietary Funds - International n/a 41518 The investment seeks long-term total return. The fund invests at least 80% of assets in equity securities of foreign and domestic companies. It may invest at least 40% of assets in foreign securities and at least 25% in domestic securities. The remaining 35% is distributed between foreign and domestic securities. 194408100 3070 4133 World Stock 05/01/1992 -11.19 -11.19 -43.13 -4.10 -2.41 4.79 0.62 90 105 25 34 44 90 104 105 107 121 122 CREF Growth Account 007 0 1 Proprietary Accounts - Growth n/a 41518 The investment seeks total return. The account normally invests at least 80% of assets in common stocks and other equity securities. It invests primarily in large, well-known, established companies, particularly when we believe they have new or innovative products, services, or processes that enhance future earnings prospects. The fund may invest in smaller, less seasoned companies with growth potential as well as companies in new and emerging areas of the economy. It invest up to 20% of its assets in foreign securities. 194408209 3070 4133 Large Growth 04/29/1994 -3.97 -3.97 -34.88 -4.63 -5.75 3.81 0.58 90 105 25 34 44 49 90 104 105 121 122 CREF Stock Account 002 0 1 Proprietary Account - Stock n/a 41518 The investment seeks long-term total return. The fund invests in foreign stocks and other equity securities. It also may invest in fixed-income securities and money market instruments traded on foreign exchanges, in other foreign securities markets or privately placed. The fund invests a portion of its foreign investments in emerging market securities and, to a lesser extent, foreign small-cap equities. It intents to transition weightings of its holdings to be approximately 70-75% domestic equities and 25-30% foreign equities, with approximately 5% of the Account comprised of emerging market investments. 194408803 3070 4133 Large Blend 08/01/1952 -10.59 -10.59 -40.31 -4.14 -2.08 9.13 0.56 90 105 25 34 44 49 90 104 105 121 122 Mutual Fund TIAA-CREF International Equity Fund TRERX 013 0 1 Proprietary Funds - International Retirement 41518 The investment seeks favorable long-term returns. The fund normally invests at least 80% of net assets in equity securities of foreign issuers. It has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. The fund may sometimes hold a significant amount of stocks of smaller, lesser-known companies. The fund’s sector and country exposure is regularly managed against the Morgan Stanley Capital International EAFE (Europe, Australasia, Far East) Index. 87244W748 3070 4133 Foreign Large Blend TRERX 10/01/2002 -15.61 -15.61 -51.47 -3.76 3.83 0.79 27 34 44 104 107 121 122 131 TIAA-CREF Large-Cap Value Fund TRLCX 014 0 1 Proprietary Funds - Equity Retirement 41518 The investment seeks a favorable long-term total return. The fund uses the dual investment management strategy and invests at least 80% of assets in equity securities of large domestic companies, as defined by the Russell 1000 Value index, that appear undervalued by the market based on our evaluation of their potential worth. It may invest up to 20% of total assets in foreign investments. 87244W722 3070 4133 Large Value TRLCX 10/01/2002 -12.83 -12.83 -41.64 -5.16 1.82 0.74 34 44 49 104 121 122 TIAA-CREF Mid-Cap Growth Fund TRGMX 015 0 1 Proprietary Funds - Equity Retirement 41518 The investment seeks a favorable long-term total return. The fund normally invests at least 80% of net assets in mid-cap equity securities. It invests primarily in equity securities of medium-sized domestic companies, as defined by the fund’s benchmark index (the Russell Mid-cap Growth index). The fund may invest up to 20% of total assets in foreign investments. 87244W888 3070 4133 Mid-Cap Growth TRGMX 10/01/2002 -2.98 -2.98 -41.25 -4.35 4.12 0.81 34 44 49 104 121 122 TIAA-CREF Mid-Cap Value Fund TRVRX 016 0 1 Proprietary Funds - Equity Retirement 41518 The investment seeks a favorable long-term total return. The fund normally invests at least 80% of assets in mid-cap equity securities. It invests primarily in equity securities of medium-sized domestic companies, as defined by the fund’s benchmark index (the Russell Mid-cap Value index). The fund may invest up to 20% of assets in foreign investments. 87244W854 3070 4133 Mid-Cap Value TRVRX 10/01/2002 -9.14 -9.14 -41.01 -1.96 5.80 0.77 34 44 49 104 121 122 TIAA-CREF Small-Cap Equity Fund TRSEX 028 0 1 Proprietary Funds - Equity Retirement 41518 The investment seeks a favorable long-term total return. The fund normally invests at least 80% of assets in small-cap equity securities. It invests primarily in equity securities of smaller domestic companies across a wide range of sectors, growth rates and valuations, that appear to have favorable prospects for significant long-term capital appreciation. 87244W821 3070 4133 Small Blend TRSEX 10/01/2002 -14.99 -14.99 -37.50 -6.15 2.84 0.78 34 44 49 104 121 122 131 Real Estate Variable Annuity TIAA Real Estate Account 009 0 0 Proprietary Account - Money Market n/a 41518 The account seeks favorable long-term returns primarily through rental income and appreciation of real estate investments owned by the Account. The Account intends to invest between 70 percent to 85 percent of its assets directly in real estate or real estate-related investments. The account will invest the remaining portion of its assets in government and corporate debt securities, money market instruments and other cash equivalents, and, at times, stock of companies that do not primarily own or manage real estate. 878094200 3070 4133 10/02/1995 -8.36 -8.36 -21.87 5.14 6.20 6.77 90 105 25 34 44 90 101 105 122 Fixed Income Variable Annuity CREF Bond Market Account 005 0 1 Proprietary Funds - Fixed Income n/a 41518 The investment seeks high current income consistent with capital preservation. The account invests at least 80% of assets in a broad range of debt securities. It invests majority of the assets in U.S. Treasury and Agency securities, corporate bonds and mortgage-backed or other asset-backed securities. 194408407 3070 4133 Intermediate-Term Bond 03/01/1990 0.47 0.47 0.22 3.12 5.14 6.67 0.54 90 105 25 34 44 62 90 104 105 121 122 CREF Inflation-Linked Bond Account 010 0 1 Proprietary Funds - Fixed Income n/a 41518 The investment seeks a long-term rate of return that outpaces inflation. The fund invests at least 80% of assets in U.S. Treasury Inflation-Indexed Securities (TIIS). It can also invest in other inflation-indexed bonds issued or guaranteed by the U.S. government or its agencies, by corporations and other U.S. domiciled issuers as well as foreign governments. The fund may invest in money market instruments or other short-term securities. 194408506 3070 4133 Inflation-Protected Bond 05/01/1997 4.17 4.17 -2.77 3.68 6.86 6.32 0.54 90 105 25 34 44 90 92 104 105 122 Money Market Variable Annuity CREF Money Market Account 003 0 1 Proprietary Account - Money Market n/a 41518 The investment seeks high current income consistent with maintaining liquidity and preserving capital. The fund invests at least 95% of assets in money market instruments that at the time of purchase are first tier securities. It may invest up to 5% of assets in second tier securities and up to 30% of assets in money market and debt instruments of foreign issuers denominated in U.S. dollars. The dollar-weighted average maturity of the fund will be less than 90 days. 194408704 3070 4133 Money Market - Taxable 04/01/1988 0.11 0.11 1.67 3.17 3.24 4.57 0.49 78 90 105 25 30 34 44 78 90 104 105 108 121 122 Guaranteed Guaranteed Annuity TIAA Traditional Account 001 0 0 Proprietary Account - Money Market n/a 41518 The TIAA Traditional Annuity guarantees principal and a specified interest rate (based on TIAA's claims paying ability). It also offers the potential for greater growth through additional amounts, which may be declared on a year-by-year basis by the TIAA Board of Trustees. These additional amounts, when declared, remain in effect for the “declaration year” which begins each March 1.\n\nFor Retirement Annuity (RA) contracts, the TIAA annuity contract does not allow lump-sum cash withdrawals from the TIAA Traditional Annuity and transfers out must be spread over ten annual installments.\n\nFor Group Retirement Annuity (GRA) contracts, lump-sum withdrawals are available from the TIAA Traditional Annuity, subject to the terms of your employer plan, only within 120 days after termination of employment and are subject to a 2.5% surrender charge. All other withdrawals and all transfers from TIAA Traditional to any variable annuity accounts or mutual funds offered through TIAA-CREF within the plan or to approved alternate carriers within the plan must be spread over ten annual installments (or over five years for withdrawals after termination of employment).\n\nFor Retirement Choice Annuity (RC) contracts, subject to the terms of your employer’s plan, within 120 days after termination of employment, withdrawals from the TIAA Traditional Annuity may be made available in a lump sum. Such withdrawals are subject to a 2.5% surrender charge. At all other times, withdrawals and transfers from TIAA Traditional to any variable annuity accounts or mutual funds offered through TIAA-CREF within the plan or to approved alternate carriers within the plan from the TIAA Traditional Annuity must be spread over an 84-month period (7 years) in monthly systematic payments. 878094101 3070 4133 5.16 4.69 6.08 4.00 90 105 26 32 90 101 105 122 Multi-Asset Variable Annuity CREF Social Choice Account 004 0 1 Proprietary Account - Social n/a 41518 The investment seeks total return consistent with certain social criteria. The fund invests in a diversified portfolio of equity, debt, and money-market securities. It normally invests 60% of assets in equities and 40% in debt securities. The fund invests in companies included in the KLD Broad Market Social index which is a subset of companies in the Russell 3000 index screened to eliminate companies that do not meet certain social criteria 194408605 3070 4133 Moderate Allocation 03/01/1990 -6.36 -6.36 -24.85 -1.62 0.59 7.21 0.52 90 105 25 34 44 49 90 104 105 121 122 Mutual Fund TIAA-CREF Lifecycle Fund 2010 TCLEX 135 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests primarily in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2010. It expects to allocate approximately 51.60% of assets to equity underlying funds and 48.40% of assets to fixed-income underlying funds. 87244W458 3070 4133 Target Date 2000-2010 TCLEX 10/15/2004 -5.32 -5.32 -23.66 -1.12 0.87 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2015 TCLIX 136 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2015. It expects to approximately 59.60% of assets to equity underlying funds and 40.40% of assets to fixed-income underlying funds. 87244W441 3070 4133 Target Date 2011-2015 TCLIX 10/15/2004 -6.28 -6.28 -26.86 -1.86 0.89 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2020 TCLTX 137 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2020. It expects to allocate approximately 67.60% of assets to equity underlying funds and 32.40% of assets to fixed-income underlying funds. 87244W433 3070 4133 Target Date 2016-2020 TCLTX 10/15/2004 -7.22 -7.22 -30.09 -2.83 0.92 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2025 TCLFX 138 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2025. It expects to allocate approximately 75.60% of assets to equity underlying funds and 24.40% of assets to fixed-income underlying funds. 87244W425 3070 4133 Target Date 2021-2025 TCLFX 10/15/2004 -8.24 -8.24 -33.20 -3.75 0.94 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2030 TCLNX 139 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2030. It expects to allocate approximately 83.60% of assets to equity underlying funds and 16.40% of assets to fixed-income underlying funds. 87244W417 3070 4133 Target Date 2026-2030 TCLNX 10/15/2004 -9.19 -9.19 -36.20 -4.73 0.96 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2035 TCLRX 140 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2035. It expects to allocate approximately 90.0% of assets to equity underlying funds and 10.0% of assets to fixed-income underlying funds. 87244W391 3070 4133 Target Date 2031-2035 TCLRX 10/15/2004 -9.72 -9.72 -37.92 -5.06 0.98 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2040 TCLOX 141 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return through capital appreciation and income. The fund invests in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2040. It expects to allocate approximately 90.0% of assets to equity underlying funds and 10.0% of assets to fixed-income underlying funds. 87244W383 3070 4133 Target Date 2036-2040 TCLOX 10/15/2004 -9.69 -9.69 -37.86 -4.65 0.95 34 44 49 104 121 122 TIAA-CREF Lifecycle Fund 2045 TTFRX 522 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return over time through a combination of capital appreciation and income. The fund invests primarily in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2045. It expects to allocate approximately 90.0% of assets to equity underlying funds and 10.0% of assets to fixed-income underlying funds. 886315522 3070 4133 Target Date 2041-2045 TTFRX 11/30/2007 -9.48 -9.48 -38.47 -35.98 7.08 34 44 104 121 122 123 TIAA-CREF Lifecycle Fund 2050 TLFRX 525 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return over time through a combination of capital appreciation and income. The fund invests primarily in underlying funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2050. Currently, it expects to allocate approximately 90% of assets to equity underlying funds and 10% of assets to fixed-income underlying funds. 886315514 3070 4133 Target Date 2050+ TLFRX 11/30/2007 -9.78 -9.78 -38.69 -36.15 8.17 34 44 104 121 122 123 TIAA-CREF Lifecycle Retirement Income Fund TLIRX 528 0 1 Proprietary Funds - Asset Allocation Retirement 41518 The investment seeks high total return over time primarily through income, with a secondary emphasis on capital appreciation. The fund invests primarily in underlying funds according to a fixed, more conservative asset allocation strategy designed for investors who are already in or entering retirement. Currently, it invests in a diversified portfolio consisting of about 40% stocks and 60% bonds. The fund expects to allocate approximately 40% of assets to equity underlying funds and 60% of assets to fixed-income underlying funds. 886315480 3070 4133 Retirement Income TLIRX 11/30/2007 -3.84 -3.84 -17.88 -15.92 2.17 34 44 104 121 122 123 Asset allocation risk is the risk that a fund or account that invests in other funds or accounts may not be able to invest according to its target allocations due to fluctuations in the value of the underlying funds or accounts, and that the selection of underlying funds or accounts and the allocations among them will result in the fund or account's underperformance versus similar funds or accounts or will cause an investor to lose money. Call risk is the risk that during periods of declining interest rates, an issuer of a bond may "call" (i.e., redeem) a high-yielding obligation before its maturity date. This often creates an unanticipated capital gain liability and requires the fund or account to reinvest the proceeds at the lower prevailing interest rate. Company risk is the risk that the earnings prospects and overall financial position of the issuer of a security will deteriorate, causing a decline in the security's value over short or extended periods of time. Credit risk (a type of company risk) is the risk that a decline in a company's overall financial soundness may make it unable to pay principal and interest on bonds when due. Extension risk is the risk of decline in value for certain fixed-income securities because principal payments are not made as early as possible. Foreign investment risks are the risks of investing in securities of foreign issuers, in securities or contracts traded on foreign exchanges or in foreign markets, or in securities or contracts payable in foreign currency. Foreign investing involves special risks, including erratic market conditions, economic and political instability, and fluctuations in currency exchange rates. These investment risks may be magnified in emerging markets. Growth investing risks include the risk that, due to their relatively high valuations, growth stocks will be more volatile than value stocks. In addition, because the value of growth companies is generally a function of their expected earnings growth, there is a risk that such earnings growth may not occur or cannot be sustained. Illiquid security risk is the risk that investments in illiquid securities may be difficult to sell for their fair market value. Income volatility risk is the risk that the level of current income from a portfolio of fixed-income securities may decline in certain interest rate environments. Index risk is the risk that the performance of a fund or account will not match the performance of its index for any period of time. Although a fund or account attempts to closely track the investment performance of the index, the fund or account may not duplicate the composition of this index. In addition, its performance, unlike that of its index, is affected by investment and other operating expenses. Interest rate risk (a type of market risk) is the risk that bond prices or the income of a fund or account may decline if interest rates change. Large-cap risk is the risk that, by focusing on investments in securities of larger companies, a fund or account may have fewer opportunities to identify securities that the market misprices. In addition, larger companies may grow more slowly than the economy as a whole or not at all. Market risk is the risk that the price of securities may decline in response to general market and economic conditions or events. Mid-cap risk is the risk that the securities of medium-sized companies will be more volatile than those of larger companies. In addition, the securities of medium-sized companies may be harder to buy or sell than those of larger, more established, companies. Prepayment and extension risk is the risk of a decline for certain fixed-income securities that allow for the early prepayment of principal, and the risk that a fund or account's income will decline as a result of the prepayment. Real estate investing risks are the risks associated with real estate ownership, including fluctuations in property values, higher expenses or lower income than expected, and potential environmental problems and liability. Real estate securities risk is the risk that a fund that concentrates its investments in real estate securities and holds securities of relatively few issuers may experience greater fluctuations in value and be subject to a greater risk of loss than other mutual funds. Reorganization risk is the risk that stocks of companies involved in reorganizations and other special situations can involve more risk than ordinary securities. Accordingly, the performance of a fund or account that invests in such companies is often more volatile than the performance of the overall stock market, and the fund or account could significantly outperform or underperform the stock market during any particular period. Risk of socially screened investing is the possibility that funds or accounts whose social screens exclude some investments may not be able to take advantage of the same opportunities or market trends as funds or accounts that do not use such criteria. Risks of inflation-indexed bonds include the risk that market values of inflation-indexed bonds can be affected by changes in investors' inflation expectations or changes in "real" rates of interest (i.e., a security's return above the inflation rate). Also, the inflation index that a bond is intended to track may not accurately reflect the true rate of inflation. If the market perceives that an index does not accurately reflect inflation, the market value of inflation-indexed bonds could be adversely affected. In addition, an investment in a fund or account that invests in inflation-indexed bonds is subject to certain special tax considerations. Small-cap risk is the risk that the securities of smaller companies may experience steeper fluctuations in price than those of larger companies. These securities may also have to be sold at a discount from their current market prices or in small lots over an extended period. Small-cap/mid-cap risk is the risk that smaller company securities may experience steeper fluctuations in price than the securities of larger companies. They may also have to be sold at a discount from their current market prices or in small lots over an extended period, since they may be harder to sell than larger-cap securities. Style risk is the risk that a fund or account's growth investing or value investing style may be out of favor in the marketplace for various periods of time. Value investing risks are the risks that (1) the issuer's potential business prospects may not be realized; (2) the securities' potential values may never be recognized by the market; and (3) due to unanticipated problems associated with the issuer or industry, the securities were appropriately priced (or overpriced) when acquired. Data Provided by Morningstar, Inc. © 2009 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The comparative indices used for all mutual funds and accounts have been provided by Morningstar, Inc. and may not match those that appear in other websites or publications. The returns quoted represent past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown above, and you may have a gain or a loss when you redeem your mutual fund shares/annuity account accumulation units. For current performance information, including performance to the most recent month-end, call 800 TIAA-CREF (800 842-2273). TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877-518-9161, or go to tiaa-cref.org for a current prospectus that contains this and other information. Please read the prospectus carefully before investing. All investment vehicles are subject to market and other risk factors, which could result in loss of principal. An investment in the CREF Money Market Account is not a deposit of any bank and is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other U.S. government agency. The 7-day money market yield listed more closely reflects the current earnings of the money market annuity account than does the total return. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating®based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. [Insert name of fund] was rated against the following numbers of U.S.-domiciled [insert name of category] funds over the following time periods: [insert number of funds in category during prior 3-year period] funds in the last three years, [insert number of funds in category during the prior 5-year period] funds in the last five years, and [insert number of funds in category during the prior 10-year period] funds in the last ten years. With respect to these [insert name of category] funds, [insert name of fund] received a Morningstar Rating of [insert number of stars for 3-year rating] stars, [insert number of stars for 5-year rating] stars and [insert number of stars for 10-year rating] stars for the three-, five- and ten-year periods, respectively. The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on the month end after the commencement of operations (whichever is later). The total returns are not adjusted to reflect sales charges or the effects of taxation, but are adjusted to reflect actual ongoing fund expenses, and assume reinvestment of dividends and capital gains. This chart is not intended to imply any future performance of the fund. All CREF accounts estimate expenses each year based on projected expense and asset levels. Differences between actual expenses and the estimate are adjusted quarterly and are reflected in current investment results. Historically, adjustments have been small. The TIAA Traditional Annuity guarantees principal and a specified interest rate (based upon TIAA's claims-paying ability). It also offers the potential for greater growth through additional amounts, which may be declared on a year-by-year basis by the TIAA Board of Trustees. If you have an RA contract, the TIAA annuity contract does not allow lump-sum cash withdrawals from the TIAA Traditional Annuity and transfers must be spread over a ten-year period. If you have a GRA contract, lump-sum withdrawals are available from the TIAA Traditional Annuity only within 120 days after termination of employment and are subject to a surrender charge. All other withdrawals and all transfers to the Real Estate Account or to CREF must be spread over ten annual installments (five years for withdrawals after termination of employment). Performance shown for the Retirement Class shares of the International Equity Fund was impacted by a misallocation of income and net capital gains among the Fund's share classes. If this misallocation had not occurred, the three-month and year-to-date returns would have been 1.19% and 18.76, respectively; the one-year, five-year, and since inception average annual total returns would have been 18.76%, 23.52, and 23.54%, respectively. Shareholders who owned Retirement Class shares on or before May 25, 2006, who were negatively impacted by this misallocation by more than $10, have been made whole through direct payments by Teachers Advisors, Inc. For additional information please contact our Telephone Counseling Center at 800 927-3059. Interest credited to TIAA Traditional Annuities includes a guaranteed rate of between 1% and 3%, plus any additional amounts that are established on a year-by-year basis. The additional amounts, when declared, remain in effect through the "declaration year," which begins each March 1. The S&P 500 Index is a market-capitalization-weighted index of the 500 leading companies in major industries of the U.S. economy. You cannot invest directly in this index. S&P 500 is a registered trademark and service mark of the McGraw-Hill Companies. The Lehman Brothers U.S. Aggregate Index measures the performance of the U.S. investment-grade, fixed-rate bond market, including government and credit securities, agency mortgage pass-through securities, asset-backed securities, and commercial mortgage-backed securities. You cannot invest directly in this index. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. The Lehman Brothers U.S. TIPS (Treasury Inflation-Protected Securities) Index measures the performance of fixed-income securities with fixed-rate coupon payments that adjust for inflation as measured by the Consumer Price Index for All Urban Consumers. You cannot invest directly in this index. All displayed performance and statistical data have been compiled by TIAA-CREF. Annuities are designed for retirement savings or for other long-term goals. They offer several payment options, including lifetime income. Payments from TIAA and CREF variable annuities are not guaranteed, and the payment amounts will rise or fall depending on investment returns. Mutual funds do not offer the range of income options available through annuities. Listed for foreign stock funds (EAFE refers to Europe, Australasia, and Far East). Widely accepted as a benchmark for international stock performance, the EAFE Index is an aggregate of 21 individual country indexes that collectively represent many of the major markets of the world. Ndtr_D (Net Dividends Total Returns in Dollars) indexes are calculated daily and take into account actual dividends reinvested daily before withholding taxes, but exclude special tax credits declared by companies. In addition, Ndtr_D indexes subtract withholding taxes retained at the source, for foreigners who do not benefit from a double taxation treaty. The returns we publish for the index are total returns, which include reinvestment of dividends. For more information, visit the MSCI website or call MSCI at 212 762 5790. MSCI also has a site containing performance data for its indexes. Three-month T-bills are government-backed short-term investments considered to be risk-free and as good as cash because the maturity is only three months. Morningstar collects yields on the T-bill on a weekly basis from The Wall Street Journal. You will be charged a 2.00% fee of the amount redeemed or exchanged out of the fund within 60 calendar days of the initial purchase date. Please see the prospectus for details about this redemption fee and certain exemptions that may apply. The above performance data does not reflect the deduction of the redemption fee, and if reflected, the fee would reduce the performance quoted. 6853 Paul Matthews TIAA-CREF pmatthews2@tiaa-cref.org (617) 276-7641 8-5 Boston Office (Roaming) Boston MA US 28262 OFFICE 1 1 Paul Matthews 8606 Stetson University Enrollment Forms Return Address Stetson University 3421 N. Woodland Blvd Unit 8327 DeLand FL US 32723 Human Resources Office OFFICE 1 1 Stetson University 7340 Denise Vega Benefits Office dvega@stetson.edu (386) 822-7058 Monday - Friday, 8 a.m. - 4:30 p.m. (ET) Stetson University 3421 N. Woodland Blvd Unit 8327 DeLand FL US 32723 Human Resources Office Stetson University OFFICE 1 1 http://www.stetson.edu Denise Vega 7341 Pam Skoularakos Benefits Office pskoular@law.stetson.edu (727) 562-7807 Monday - Friday, 8:30 a.m. - 5 p.m. (ET) Stetson University College of 1401 61st Street South Gulfport FL US 33707 Human Resources Office Stetson University College of Law OFFICE 1 1 http://www.law.stetson.edu/ Pam Skoularakos Retirement Annuity (RA) Contract Form Series 1000.24 Group Supplemental Retirement Annuity (GSRA) Contract Form Series 1250.01 (not available in all states)