401(k) Enrollment Booklet - Unity Health System

Unity Health System 401(k) Plan 

Everything you need 

to create your own 

Plan of a Lifetime 

Highlights of your plan 

Decide how much to save 

Choose an investment 

solution

Welcome to Your Plan of a Lifetime! 

Whether your retirement is five or fifty years away, Unity Health System 401(k) Plan offers a powerful 

way to enhance your long-term financial well-being. We encourage you to invest in yourself and your 

future by participating in this plan through Diversified. 

Diversified is a firm dedicated exclusively to providing retirement savings plans. We focus all our 

resources on giving you the planning tools and guidance you need to achieve your retirement goals. 

From the day you're hired through the years you're retired, this Plan of a Lifetime program will support 

you through each stage of the retirement planning process. Whether you're joining a retirement plan for 

the first time, already participating in the plan or soon approaching retirement, Diversified will be with 

you every step of the way. 

Please read through this kit so you can better understand this valuable program. And be sure to enroll as 

soon as possible so you can begin maximizing this benefit! 

Sincerely, 

Pete Kunkel 

President and CEO 

Diversified

Quick Start Guide 

Already 

Enrolled 

This is a perfect time to review your account to 

determine if you are contributing enough and 

have an investment strategy that meets your 

retirement goals. 

Have Questions Call Diversified at 

800-755-5801. Diversified's counselors can help you 

create a retirement strategy, determine if you are 

saving enough, and review your investing solutions. 

Sign up for e-Delivery. It's fast. It's easy. It helps 

the environment. Sign up for e-delivery of certain 

documents by logging on to Diversified online at 

divinvest.com. 

Consolidate your accounts. Do you have other 

retirement plan assets in a former employer's plan 

If so, consider streamlining your finances by rolling 

that money into your new plan. Simply complete the 

form that is provided. 

Not Enrolled 

Enroll today! 

Via the Web. Visit divinvest.com, and follow the 

instructions for first-time users to enroll. 

Over the phone. Call Diversified at 888-676-5512. 

Diversified's counselors can help you create a retirement 

strategy, determine how much to save, and decide on an 

appropriate investing solution. 

Designate Your 

Beneficiary 

It is very important that you designate a beneficiary or 

beneficiaries for your retirement account, so that your 

assets can be distributed according to your wishes upon 

your death. Simply complete the Beneficiary Designation 

form provided, and follow the instructions on the form for 

mailing. 

Questions Call 888-676-5512 or visit divinvest.com 

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Highlights 

of your plan 

Unity Health System 401(k) Plan is a valuable employee benefit 

and one of the most powerful ways to build your retirement 

savings. 

Take a few minutes now to read through these plan highlights 

and learn more about all the features and benefits your plan 

includes. You'll find more about when you can join, how much 

you can contribute, when you can make changes, and how you 

can access your savings. 

Keep in mind this is simply a quick overview of your benefits. 

For complete details or plan updates, please refer to your 

Summary Plan Description (SPD). 

2 Questions Call 888-676-5512 or visit divinvest.com 

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Eligibility 

You are immediately eligible to participate in the plan. You may join the plan on the first day of 

the next payroll period. 

However, if you are in one of the following group(s), you are not eligible to participate in the 

plan: 

• Employees covered under a collective bargaining agreement that does not provide for 

participation in the plan 

Your 

Contributions 

You may choose to make pre-tax contributions from 1% up to 100% of your pay. 

• You may increase, decrease or stop your contributions at any time. 

For your deferral amount, you can elect a percentage per pay period. 

Your plan offers SaveXpress, a feature that allows you to elect to have your savings amount 

automatically increased each year. You can sign up for SaveXpress on Diversified Direct Online 

at www.divinvest.com. 

An annual IRS dollar limit of $17,000 applies for 2012. This limit is indexed annually by the 

IRS. 

If you are age 50 or older (or you reach age 50 during the current calendar year), you can make 

additional catch-up contributions up to $5,500 in 2012. This limit is indexed annually by the 

IRS. 

If you have an existing retirement plan account with a prior employer, you may roll over that 

account into this plan at any time. Consolidating your retirement accounts makes it easier for 

you to make sure your investment strategy is on track for meeting your retirement goals. To 

initiate a rollover of a retirement account with a prior employer, complete the form. 

Employer 

Contributions 

Unity Health System provides a matching contribution of 25% of the first 4% deferred up to a 

maximum of 1% of your pay. 

Vesting 

Vesting refers to your "ownership" of your account. You are always 100% vested in your 

contributions to this plan. 

You are 100% vested in your employer contribution(s) after 3 years of service. 

Loans 

You may borrow from the plan, using your account as security (conditions and restrictions may 

apply). 

Minimum loan amount 

$1,000 

Maximum loan amount 

50% of your vested account balance, up to $50,000 

General loan interest rate 

Prime interest rate (as stated in the Wall Street Journal) plus 1% 

Home loan interest rate 

Prime interest rate (as stated in the Wall Street Journal) plus 1% 


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Loans 

(continued) 

Maximum general loan term 

5 years 

Maximum home loan term 

10 years 

General loan fee 

A one-time set-up fee of $75 per loan will be deducted from your account 

Home loan fee 

A one-time set-up fee of $75 per loan will be deducted from your account 

Maximum number of outstanding loans 

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Withdrawals 

You may withdraw vested funds from your plan account in these events (conditions and 

restrictions may apply as defined in the plan): 

• Retirement at plan's normal retirement age of 65 

• Termination of employment 

• Attainment of age 59.5 

• Financial hardship as defined in the plan 

• Disability 

• Death 

Investment 

Direction 

You decide how your account will be invested among the available investment options. You may 

change your investment allocation 99 times per plan year. 

Transfers among investment options may be made at any time and may be subject to certain 

restrictions.The available investment options are presented below in groups to illustrate the 

applicable transfer restrictions. 

Investment Group A: Guaranteed Pooled (TFLIC Guaranteed Pooled Fund ) 

Investment Group B: PCRA (Personal Choice Retirement Account ) 

Transamerica Partners Institutional Money Market 

Investment Group C: All other funds 

Monies in a Group A investment option cannot be transferred to a Group B investment option. 

Monies transferred out of a Group A to a Group C fund can be transferred back at any time by 

calling 800-755-5801. 

Additional transfer conditions and restrictions may apply. Certain investment options may 

impose trading restrictions and/or redemption fees as a result of frequent trading activity. 

Please contact Diversified for more information. 

spacer table 


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Expenses 

A plan service credit will be added to your account based on your account balance in the 

investment options as shown below. These are annual percentages, however crediting frequency 

may differ. Please note that this lowers the effective annual expense ratios, and increases the 

realized investment performance, shown in the Fund Profiles. 

Fund Name 

Plan Service Credit 

TFLIC Guaranteed Pooled Fund 0.200% 

Beneficiary 

Designation 

Summary Plan 

Description 

It is very important that you designate a beneficiary for your retirement account, so that your 

assets can be distributed according to your wishes upon your death. Please complete the 

Beneficiary Designation form, and follow the instructions on the form for mailing. 

For more information about any of the plan provisions including any conditions or 

restrictions that may apply, please refer to the Summary Plan Description or call Diversified 

at 888-676-5512. These plan highlights represent only an overview of plan provisions and 

do not constitute a legally binding document. 

404(c) Notice 

Unity Health System 401(k) Plan is intended to be a 404(c) plan as described in detail in 

Section 404(c) (ERISA) and final regulation 2550.404c-1. This means that you have the 

flexibility (and responsibility) to choose among the options provided under the plan in a way 

that best meets your objectives. In general, by providing you with this ability and a variety 

of investments, your employer and plan administrator are not liable for any losses that 

occur as a direct result of investment in the available options as directed by you or your 

beneficiary. 


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In addition to the information contained in this booklet, the following information can be 

obtained upon request: 

• A list of the assets comprising the portfolio of each investment option which will 

constitute "plan assets" under Reg. 2510.3-101, and the value of each such asset and, 

with respect to any fixed fund, the rate of return and its maturity date. 

• Information regarding the value of shares or units in the investment options, as well as 

the past and current investment performance of each option, net of expenses. (Please 

see your account statement.) 

• Information regarding the value of shares or units held in your account. (Please see your 

account statement.) 

To obtain any of the above information, please contact: 

Attn: Anne Fagioli 

Plan Administrator 

Unity Health System 

89 Genesee Street 

Rochester, NY 14611 

Phone: 585-368-3528 

Fax: 585-368-3980 


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Choose an Investment 

Solution 

Your Plan of a Lifetime makes it easy to choose an investment strategy — and easy to maintain or 

adjust your strategy over time. 

Choose a one-step solution 

Make it automatic with PortfolioXpress SM 

If your financial picture is relatively 

straightforward, consider PortfolioXpress. This 

service establishes an investment mix based on the 

retirement year you select. Then it regularly 

rebalances your account to a more conservative 

mix over time. It's a solution for people who are 

saving for retirement and want automatic 

diversification. You can subscribe to 

PortfolioXpress at divinvest.com. 

PortfolioXpress presents a series of asset 

allocation models up to and through a designated 

retirement year. You are solely responsible for 

choosing the retirement year. By subscribing to 

the service, you agree to each of the asset 

allocation mixes and automated rebalancing 

transactions that will take place over time within 

your account as you approach the selected 

retirement year. Retirement date portfolios are 

subject to the same risks as the underlying asset 

classes in which they invest. The higher the 

Portfolio's allocation to stocks, the greater the risk. 

The principal value of the portfolio is not 

guaranteed at any time, including at and after the 

target date. 

Choose a fund that corresponds to your 

retirement date or time horizon 

Select a target date fund that corresponds to your 

expected retirement year. Target Date Funds 

automatically move to a more conservative 

investment mix as they approach a target year. By 

investing in a combination of asset classes, these 

funds are designed to be automatically diversified. 

· BlackRock LifePath 2020 Investor A 



Target date funds are subject to the same risks as 

the underlying asset classes in which they invest. 

The fund's asset allocation becomes more 

conservative over time, meaning that the 

percentage of assets allocated to stocks will 

decrease while the percentage of assets allocated 

to bonds will increase. The higher the fund's 

allocation is to stocks, the greater the risk. The 

principal value of the funds is not guaranteed at 

any time, including at and after the target date. 

Do it yourself 

Create your own investing strategy 

You can also create your own investment mix 

using the funds available in your plan. These funds 

offer flexibility for both new and experienced 

investors. With this approach, you can develop an 

investing strategy that is tailored just for you. 

To supplement the investment funds offered under 

your plan, you may choose to open a Schwab 

Personal Choice Retirement Account® (PCRA). 

PCRA is a self-directed investment option that 

allows you to direct purchases and sales within 

your account, investment options other than those 

offered under the plan. By establishing a PCRA, 

you assume responsibility for controlling your 

investments. For more information on establishing 

and maintaining a PCRA, please call Diversified at 

800-755-5801. 

· BlackRock LifePath Retirement Investor A 


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See the list of investment funds available through 

your retirement plan—as well as some sample 

investment mixes. These investment mixes are 

offered to help you develop your own investment 

strategy, based on your time horizon for investing. 

Each mix shows a sample investment allocation 

among stocks and bonds, not investment return. 

Put your retirement on the right 

track with RetireTrack SM 

You may also use RetireTrack, an 

online tool designed to help you analyze 

your investment allocation and model 

alternative strategies. Log onto your 

account at divinvest.com, go to 

"Retirement Planning", then click on 

"RetireTrack." 

Important: The projections or other 

information generated by 

RetireTrack regarding the likelihood 

of various investment outcomes are 

hypothetical in nature, do not reflect 

actual investment results and are not 

guarantees of future results. Results 

derived from the RetireTrack tool 

may vary with each use and over 

time. Please visit RetireTrack for more 

information regarding the criteria and 

methodology used, the tool's limitations 

and key assumptions and other 

important information. 


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Sample Investment Mixes 

Use My Mix column to create your own investment mix. 

My Mix 

30+ Years to 

Retirement 

20 Years to 

Retirement 

10 Years to 

Retirement 

At Retirement 

10 Years into 

Retirement 

Bonds 

Short Bonds/Stable/MMkt 

Transamerica Partners Institutional Money Market % 0% 0% 1% 2% 3% 

TFLIC Guaranteed Pooled Fund % 0% 0% 2% 6% 8% 

Interm./Long-Term Bonds 

PIMCO Total Return Admin % 2% 9% 17% 23% 28% 

Transamerica Partners Institutional Inflation-Protected 

Securities 

% 1% 4% 8% 11% 13% 

Aggressive Bonds 

MainStay High Yield Corporate Bond I % 2% 4% 5% 6% 8% 

Total Bonds 5% 17% 33% 48% 60% 

Stocks 

Large-Cap Stocks 

MFS Value R3 % 14% 13% 11% 9% 7% 

American Funds Fundamental Invs R4 % 7% 6% 5% 4% 3% 

Transamerica Partners Institutional Stock Index % 8% 7% 6% 5% 4% 

American Funds Growth Fund of Amer R4 % 14% 13% 11% 9% 7% 

Small/Mid-Cap Stocks 

T. Rowe Price Mid-Cap Value % 4% 4% 3% 2% 1% 

Vanguard Mid Capitalization Index Signal % 4% 3% 2% 2% 1% 

BlackRock US Opportunities Instl % 4% 4% 3% 2% 2% 

Columbia Small Cap Value I Z % 4% 4% 3% 2% 2% 

Keeley Small Cap Value A % 5% 3% 3% 2% 2% 

Invesco Small Cap Growth I % 5% 4% 3% 2% 2% 

International Stocks 

Oakmark International I % 20% 17% 13% 10% 7% 

Oppenheimer Developing Markets Y % 6% 5% 4% 3% 2% 

Total Stocks 95% 83% 67% 52% 40% 

Multi-Asset/Other 

Multi-Asset/Other Funds 

Personal Choice Retirement Account 

BlackRock LifePath Retirement Investor A 

BlackRock LifePath 2020 Investor A 



Total Multi-Asset/Other 

Total 100% 


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All registered funds and group annuity contracts are available by prospectus only. A prospectus may be 

obtained by contacting Diversified Retirement Corporation (Diversified) at 800-755-5801. The 

prospectus contains additional information about the investment option, including the investment 

objectives, risks, charges and other expenses. Investors should consider all such information carefully 

before investing. Please read the prospectus carefully before making investment choices. 

Diversified Investors Securities Corp. (DISC), 440 Mamaroneck Avenue, Harrison, NY 10528, 

distributes securities products. Any fund offered under the plan is distributed by that particular fund's 

associated fund family and its affiliated broker-dealer or other broker-dealers having effective selling 

agreements such as Diversified Investors Securities Corp. (DISC). If the Transamerica Funds are 

offered under the plan, the Transamerica funds are distributed by Transamerica Capital, Inc. (TCI) and 

are advised by Transamerica Asset Management (TAM). If the Fixed, Stable or Guaranteed Pooled 

Fund is offered under the plan, it is made available under a group annuity contract issued by 

Transamerica Financial Life Insurance Company (TFLIC), 440 Mamaroneck Avenue, Harrison, NY 

10528. If the Stable Pooled Fund is offered under the plan, it is made available through the Diversified 

Investment Advisors Collective Trust, and it invests directly in the Wells Fargo Stable Return Fund, a 

collective trust fund of Wells Fargo & Company. If SecurePath for Life is offered under the plan, it is 

made available through group variable annuity contracts issued by Transamerica Life Insurance 

Company (TLIC), 4333 Edgewood Road, NE, Cedar Rapids, IA 52499, which is licensed and offers 

products in all states except New York, or TFLIC, which is licensed in New York and offers products in 

all 50 states. Guarantees under the Fixed, Stable or Guaranteed Pooled Fund, or SecurePath for Life 

are supported by the insurer's general account and are subject to the firm's claims-paying ability. 

Diversified, TAM, TCI, DISC, TLIC and TFLIC are affiliated companies. 

Your plan may not offer funds representative of all the styles considered in the construction of the 

sample investment mixes. If applicable, SecurePath for Life and any funds listed in the 

Multi-Asset/Other category do not generally represent the characteristics of a given asset sub-class and 

so have not been incorporated into any of the sample investment mixes. Investors who understand these 

options and any inherent risks may wish to allocate a portion of their accounts accordingly. 

All funds were assigned to asset classes based on information provided by independent firms that track 

the investment fund industry, or from the fund family. Although information on funds is gathered from 

sources believed to be reliable, Diversified does not guarantee the completeness, accuracy, timeliness or 

reliability of the data, which is subject to change at any time. The information provided for the funds is 

for informational purposes only and should not be construed as an endorsement or recommendation by 

Diversified nor be the basis of any investment decision. Retirement date funds are subject to the same 

risks as the underlying asset classes in which they invest. The fund's asset allocation becomes more 

conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the 

percentage of assets allocated to bonds will increase. The higher the fund's allocation is to stocks, the 

greater the risk. The principal value of the funds is not guaranteed at any time, including at or after the 

target date. 

Diversified or its affiliates may receive remuneration from the fund family or its service provider for 

providing certain record-keeping or other administrative services. 


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Fund Profiles Glossary 

The Fund Profiles that follow outline more information on 

the investment style, objective, strategy and risk 

characteristics of each fund. The particular investment risks 

applicable to a fund are identified in its Profile under 

"Risks." Each of the terms used under "Risks" is explained 

below in this Glossary. Of course, an investment in a fund 

may be subject to other types of risk, and it is possible that 

you could lose money by investing in a fund. 

Asset Allocation Fund Risk: Asset allocation funds are 

subject to the risks of the underlying funds in which they 

invest. To the extent the fund invests more of its assets in 

stock investments, and in particular, small-cap stocks and/or 

foreign stocks, it will be subject to greater risk than a fund 

investing more of its assets in bond funds. The Asset 

Allocation Funds bear investment management fees in 

addition to the investment management fees and expenses of 

the underlying funds in which they invest. The principal 

value of the fund is not guaranteed at any time. 

Bond Risk: Bonds and bond funds are subject to interest 

rate risk, credit risk, and inflation risk. Interest rate risk 

means that the value of bonds and bond funds generally falls 

when interest rates rise, causing an investor to lose money. 

US Government Bond Risk: Any US Government 

guarantees of the securities held in a fund only pertain to 

those securities and not to the fund or its yield. High Yield 

Bond Risk: Lower rated, high-yield corporate debt 

securities represent a much greater risk of default and tend 

to be more volatile than higher rated or investment grade 

bonds.Effective Duration: A measure of a bond portfolio's 

sensitivity to changes in interest rates. 

Convertible Risk: Convertible securities have the 

characteristics of both fixed income and equity investments 

and may be affected by changes in interest rates, credit risk, 

and changes in the value of underlying common stock. 

Derivatives Risk: Investments in derivatives may subject 

the fund to greater volatility than investments in traditional 

securities. 

Equity Risk: Equity funds invest in equity securities, which 

include common stock, preferred stock and convertible 

securities. Because such securities represent ownership in a 

corporation, they tend to be more volatile than fixed income 

or debt securities, which do not represent ownership. 

Foreign Risk: International securities and markets pose 

different and possibly greater risks than those customarily 

associated with domestic securities, including currency 

fluctuations and political instability. 

Growth Risk: Growth stocks may be especially volatile, 

because their prices are largely based on the market's 

expectation of future earnings. 

Leveraged Company Risk: Investments in the stocks of 

leveraged companies may be subject to additional risk, as 

leverage can magnify the impact of adverse issuer, political, 

regulatory, market or economic developments on a 

company. 

Money Market Risk: An investment in a money market 

fund is not insured or guaranteed by the Federal Deposit 

Insurance Corporation or any other government agency. 

Although a money market fund seeks to preserve the value 

of your investment, it is possible to lose money by investing 

in this type of fund. 

Mortgage Securtities Risk: Mortgage-backed securities are 

subject to prepayment risk and may be sensitive to changes 

in prevailing interest rates. Non-Diversified Risk: A fund 

classified as a non-diversified investment company may be 

subject to greater market fluctuation. Real Estate Risk:Real 

estate investing is very sensitive to interest rates and 

volatility may increase in a changing rate environment. 

Portfolio Price/ Earnings Ratio: Relates to the price of the 

stock to the prior 12 month per-share earnings of the 

company. 

Sector Risk: To the extent a fund concentrates in a 

particular sector, its performance will be closely tied to the 

performance of that sector. As a result, the fund may be 

more susceptible to factors affecting that sector and more 

volatile than funds that invest in many different 

sectors.Small/Mid-Cap Risk: The securities of small and 

medium-sized companies, because of the issuers' lower 

market capitalization, may be more volatile than those of 

large-sized companies. 

Target/Retirement Date Fund Risk:Target date funds are 

subject to the same risks as the underlying asset classes in 

which they invest. The fund's asset allocation becomes more 

conservative over time, meaning that the percentage of 

assets allocated to stocks will decrease while the percentage 

of assets allocated to bonds will increase. The higher the 

fund's allocation is to stocks, the greater the risk. The 

principal value of the funds is not guaranteed at any time, 

including at and after the target date. 

Value Risk: Value-based investments are subject to the risk 

that the broad market may not recognize their intrinsic 

values. 

Information relating to non-proprietary funds is being 

provided as a service by Diversified Retirement Corporation 

to plans whose participants may invest in these funds, and 

may differ from information provided by other sources. The 

information contained herein: (1) is proprietary to 

Morningstar and/or other content providers furnishing the 

information; (2) may not be copied or distributed; and (3) is 

not warranted to be accurate, complete or timely. Neither 

Morningstar nor any other applicable content provider is 

responsible for any damages or losses arising from any use 

of this information.(PT-9212 (2/11)) 


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Maximize your Plan of a Lifetime 

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Enroll today and maximize the employer match. Log on 

to Diversified Online at divinvest.com or call 

888-676-5512. 

Designate your beneficiary. 

Catch up on your contributions (must be age 50 or older). 

Reduce your clutter. Sign up for e-documents today at 

divinvest.com. 

Sign up for SaveXpress. Go to "Transactions" and click 

on "Deferrals." 

Rebalance your account automatically by using Auto 

Rebalance. Go to "Transactions" and click on "Auto 

Rebalance." 

Use RetireTrack. Go to "Retirement Planning" and click 

on "RetireTrack." 

For retirement counseling, just call 800-755-5801 or visit 

Diversified Online. 

First-time online users 

· Go to divinvest.com. 

· Follow the instructions 

First-time callers 

· Call 888-676-5512. 

As an active participant, you can access your retirement 

account 24/7 by logging on to divinvest.com or calling 

Diversified toll-free at 800-755-5801. 

You can also speak with a Contact Center Representative for 

enrollment assistance, investment guidance and retirement 

planning support. Representatives are available Monday 

through Friday, 8am-9pm EST.

401(k) Enrollment Booklet - Unity Health System

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