The Trustees are responsible for investment of all assets in the Plan and select and monitor investment managers regarding these investments.
The assets of the Plan are invested:
- for the exclusive purpose of providing benefits to participants and beneficiaries and defraying reasonable expenses of Plan administration,
- with the care, skill, prudence and diligence under the prevailing circumstances that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims,
- by diversifying the investments of the Plan to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so.
Note: There is no guarantee of investment return or principal. At any time, the value of your individual account will reflect any changes in the total value of the investments held by the Plan, which could result in a decrease, as well as an increase, in your individual account.
