December 27, 2016 Dear Lawrence General Hospital Employee · Outlined below is a timeline on payroll remittance dates. Your final contribution to MetLife will be the January 27, 2017

December 27, 2016 Dear Lawrence General Hospital Employee: This letter is a follow-up to the letter you received on November 14, 2016 announcing that Lawrence General Hospital has selected VALIC to replace MetLife as our new plan provider, with a conversion date of February 6, 2017. This mailing will address in more detail the transition from MetLife to VALIC. In addition you will find Frequently Asked Questions, the list of available funds upon transfer to VALIC, and the mapping schedule to describe how your VALIC mutual fund investments will line up compared to existing MetLife investments. Continued Benefits Please refer to the enclosed Frequently Asked Questions document for detailed information regarding your continued benefits. Employee meetings Beginning January 12, VALIC’s dedicated team of financial advisors will be available on-site in group meetings to help you understand your new investment choices and to guide you through this transition. They will be conducting a series of informational and educational meetings detailing the transition process, including how your MetLife account will be transferred to VALIC. Please refer to the Employee Meeting Schedule document enclosed for dates and times for the meetings. You are strongly encouraged to attend one of these meetings to help ensure you understand the changes. What this Transition Means to You? Effective February 7, 2017, your current MetLife assets and the allocation of your ongoing contributions to the plans will be transferred automatically to VALIC. No paperwork is required on your part to transition your account to VALIC. Quiet Period During the transition, your existing account balances and future contributions will be automatically mapped from MetLife to mutual fund investments with similar investment objectives with VALIC. There will be a “quiet” period for this transition processing, during which you will be unable to access your account. Transactions that cannot be processed during this time are: changes to your deferral amount, new participant enrollment in the plan, and application for new loans or hardship withdrawals. The quiet period will begin on January 30, 2017 and will end the week of February 20, 2017.

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Payroll Dates Your final contribution to MetLife will be the January 27, 2017 payroll. Your first contribution to VALIC will be on or around February 10, 2017.

Loans with MetLife If you have an existing loan with MetLife, your loan will be converted to VALIC during the transition. Please note your payment frequency and how the loan will be paid will not be changing. Currently, you are repaying via ACH. When your loan is transitioned to VALIC, your loan repayments will continue to be made via ACH. VALIC will load your banking information directly from MetLife. No action will be required of you, unless your banking information at MetLife is not current. Additional information is included in the Frequently Asked Questions.

Beneficiary Information After the quiet period you must update your Beneficiary information with VALIC. The Beneficiary Designation Form can be completed via a form obtained at Human Resources or online at VALIC.com.

If you have questions, please contact a VALIC Customer Service Representative at 1-800-448-2542 or your local financial advisor(s) as follows:

Clint Hyland Phone: 603-594-8340 [email protected]

Josh Gould Phone: 844-860-0100 [email protected]

We are very excited to bring you this enhanced offering as an integral part of your overall employee benefits package. We believe that this change to VALIC will strengthen your participation in the retirement savings process, and provide each of you the opportunity to be well-prepared for your retirement years.

Sincerely,

Deborah Wilson Executive Vice President, CFO

Enclosures: Employee Meeting Schedule Frequently Asked Questions (FAQ) Participant Fee Disclosure Qualified Default Investment Alternative Notice Mapping Schedule

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Employee Meeting Schedule

Meeting Type Date Time Location Employee Meetings Thurs, Jan. 12th 7 am-8 am

12 pm-1 pm 3 pm-4 pm

Johnson Dining Room

Employee Meetings Fri, Jan. 13th 7 am-8 am 11 am-12 pm 3 pm-4 pm

Johnson Dining Room

Employee Meetings Tues, Jan. 17th 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

Employee Meetings Thurs, Jan 19th 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

Employee Meetings Fri, Jan 20th 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

Employee Meetings Mon, Jan. 23rd 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

Employee Meetings Wed, Jan. 25th 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

Employee Meetings Fri, Jan 27th 7 am-8 am 12 pm-1 pm 3 pm-4 pm

Johnson Dining

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Lawrence General Hospital Plans

Frequently Asked Questions

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1. What is changing? We previously announced a change to the Lawrence General Hospital Plans. After an extensive selection process, VALIC has been selected to administer the Plans effective February 7, 2017. Lawrence General Hospital and VALIC are excited to partner together and bring this new opportunity to you. VALIC’s online capabilities, including VALIC.com and their iPad®, iPhone® and AndroidTM applications, allow for easier access to your Plan account. Finally, VALIC’s commitment to on-site education and employee retirement outcomes was critical in our decision-making process.

2. Who is VALIC? VALIC is one of the nation’s largest providers of employer sponsored retirement plans and has in-depth expertise in the needs of not-for-profit employees. VALIC’s local team of financial advisors will be available on-site to guide you through this transition, as well as on an ongoing basis to assist you with your retirement planning needs. Local financial advisors will help you to understand your new plan and all of its advantages. In addition to the personal retirement planning guidance, the Plans include:

• Well known mutual fund options • Transparent fee structure • Online enrollment capabilities for new employees and future deferral changes • Easy to understand quarterly participant statements • A robust website for your use in monitoring your account and making investment changes • Ongoing personalized service through a New England based financial advisor team

VALIC takes a personal approach to your retirement planning, offering customized solutions for individual needs. Please note: MetLife recently announced to Lawrence General Hospital that as of April 10, 2017, they would no longer provide on-site services.

3. What advantages do the Plans offer to employees? Ownership of a personal investment account in your name The option to make your own contributions, which can grow tax deferred until you

withdraw the money Employer matching contributions The ability to choose from among multiple investment options—to reflect your personal

investment style and comfort level with risk The ability to manage your account online Access to one-on-one financial planning services

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4. When will be my last contribution into the current MetLife Plans and the first contribution into the Plans with VALIC? Outlined below is a timeline on payroll remittance dates. Your final contribution to MetLife will be the January 27, 2017 pay period. Your first contribution to VALIC will be on or around the February 10, 2017 pay period. It will

be posted as soon as administratively feasible.

5. What happens to my accounts with MetLife? If you have a balance with MetLife, those balances—as well as ongoing pretax deferrals and/or employer contributions—will automatically transfer to VALIC.

If you want to change the way your existing balance and future contributions are invested at MetLife, you must do so before January 30, 2017 at 4 p.m. (ET). It is very important that you review and consider the appropriateness of your current investments prior to the beginning of the quiet period. Please note: If you have assets in the MetLife GTS Fixed Account, 20% of these assets will be transferred to VALIC into your VALIC Fixed Interest Account on an annual basis for the next five years. The remaining fixed account assets will be moved into an unallocated account at MetLife, earning a 3% fixed rate of return until all assets are transferred. While the unallocated account assets are held at MetLife during this time, you will not have the ability to take a loan or make distributions using those unallocated funds. VALIC will provide recordkeeping for these assets and you will see them on your quarterly statements designated as “unfunded accounts.”

6. What is the quiet period? The quiet period (or “quiet period”) is a time during which you will be unable to access your account. This is the time when your existing accounts will be temporarily unavailable while MetLife and VALIC reconcile and balance your accounts for transfer between Plan providers. You cannot make any transactions during this time; such as changes to deferral amounts and application for loans and/or hardship withdrawal. You will be able to make transactions after the quiet period ends. The quiet period begins on January 30, 2017 and ends the week of February 20, 2017. After the quiet period ends, simply log on to VALIC.com or call the Contact Center at 1-800-448-2542. This toll-free number can also connect you with a Customer Service Representative, available Monday through Friday from 8 a.m. to 9 p.m. (ET). You can also contact your financial advisor directly at the numbers listed in question 21.

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7. Do I need to complete a new Beneficiary Designation Form? Yes, you must complete a new Beneficiary Designation Form. This can be completed online or by completing a paper Beneficiary Designation form following the end of the quiet period. Your beneficiary information will be maintained by VALIC.

8. How was the fund transfer “mapping” determined? The mapping was determined by comparing the investment strategies and goals of each MetLife discontinued fund, and matching it with a new VALIC fund that offers a similar investment strategy and goal. The mapping schedule is enclosed. Please note, if your account was defaulted at MetLife to State Street Instl US Govt MMkt Admin (SALXX), your future allocations and account balance will be mapped to the VALIC Fixed Fund. You can choose to move your balance to another fund after the quiet period has lifted. The VALIC Fixed Fund is liquid but you will not be able to transfer to Vanguard Federal Money Market Investor (VMFXX) for ninety (90) days as these funds are competing investment options.

9. How much can I contribute to the retirement Plans? You may elect to contribute as much as 65% of your annual allowable compensation, up to $18,000 in 2017. You may contribute an additional $6,000 in 2017, if you are age 50 or older. Please note: Deferrals will be accepted in percentages (%).

10. Will my Employer make employer contribution into the Plans? Yes, after two years, your employer will make employer contributions, as outlined in the current plan highlights.

11. Is there a vesting schedule? Vesting is ownership. Employee pre-tax contributions and Employer matching contributions are immediately vested.

12. How often can I make changes to my Plan account? You may change your contribution deferral election and your investment options as often as you like following the end of the quiet period the week of February 20, 2017. To make these changes, you can call VALIC at 1-800-448-2542 or log into your account online or by mobile device at VALIC.com. You may also contact your financial advisor (see question 21 for contact information). Please note: Effective December 29, 2016, paper salary reduction agreements will no longer be accepted at MetLife.

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13. What investment options will be available with VALIC? There will be 31 mutual funds and a VALIC Fixed Interest Option available. Effective the week of February 20, 2017, you can access additional information electronically on each available mutual fund through the ePrintSM website at VALIC.com. Under the log-in section, you may click the “Access ePrint” link and enter your Group ID (71800001-403b or 71800002-401k). If you do not make an investment election for either your contribution or employer contribution, then the Plan will invest these contributions in a “default” investment –T. Rowe Price Target Date Retirement funds based on your age.

14. Are loans or hardship withdrawals available under the 403(b) or 401(k) Plans? Yes. Loans and hardship withdrawals will be allowed by the Plan. You may have only one active loan at any given time. For new loans, a one-time fee of $50.00 will be charged as an initial setup cost and all loans will have a $50.00 annual fee assessed for administration of each loan. Repayments are made by ACH through your bank account on a bi-weekly basis.

15. What happens to my account if I currently have a loan outstanding with MetLife? If you have an existing loan with MetLife, your loan will be converted to VALIC during the transition. Currently, if you are repaying via ACH, when your loan is transitioned to VALIC, your loan repayments will continue to be made via ACH. Your loan repayment amounts will remain unchanged.

16. As a current participant, what are my next steps? • Attend an upcoming informational session being held at Lawrence General Hospital

throughout January and meet with your VALIC financial advisor • Complete a new Beneficiary Designation Form • No re-enrollment required • Consider consolidating outside assets into your Lawrence General Hospital plans • Assets are automatically mapped to similar or same funds--no action required on your part

Forms are available through the VALIC ePrint website - you may access the ePrint website via www.valic.com.

17. If I am not currently contributing to the Plans, how can I enroll? Employees who are not participating in the Plans are strongly encouraged to join. Enrollment is quick and easy. You may enroll in one of the following ways during the week of February 10, 2017:

• Meet with your local VALIC financial advisor • Online at www.valic.com

- Access code: 71000001 [403(b)] or 71800002 [401(k)] • Phone at 1-888-569-7055

- Access code: 001

http://www.valic.com/

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Please note that enrollment will be available following the end of the quiet period on or about February 20, 2017.

18. Can I roll over funds from another qualified savings plan to the 403(b) Plan account? Yes, you may roll over funds from a 401(k), 403(b), IRA and other similar qualified plans. Contact your financial advisor for details (see question 21 for contact information).

19. How can I access my account information after the end of the quiet period? You can access this account information using the following methods: Mobile Access—my.valic.com/mobility Online—VALIC.com

o Go to http://valic.com o Mouse over Sign-In tab – under the menu select ‘get started’ o Click register o Enter the following info

SSN (without dashes) Last Name Date of Birth Zip Code

o Create a unique User ID and password; confirm your password; enter your email address

o Select and answer three (3) security questions o Click “submit” and a thank you page will confirm that your profile has been

created. Select “sign in” to access your account Phone—1-800-448-2542 Contact your financial advisor for more information, see question 21 for

contact information

20. Are there fees associated with the Plans? The annual administrative fee is 0.10% (10bps) of your account balance. It is assessed quarterly on a pro-rata basis at the rate of .025% (2.5bps).

Some mutual funds may provide reimbursements of their investment fees. In those cases, VALIC’s administrative fee is offset in the form of a credit that will appear on your account statement.

VALIC’s fees are disclosed in detail on each quarterly account statement you receive.

The deduction will be reflected on your account statement.

The mutual fund expenses can vary depending on the mutual fund in which you invest. Information regarding the mutual fund expenses can be found on the fund fact sheets available through the ePrintSM website at VALIC.com or in the attached List of Available Funds.

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21. Whom can I contact if I have questions?

If you have questions, please contact a VALIC Customer Service Representative at 1-800-448-2542 or your local financial advisor as follows: Clint Hyland Phone: 603-594-8340 [email protected] Josh Gould Phone: 844-860-0100 [email protected]

22. What types of financial planning services are available? At no additional cost to you, VALIC Financial Advisors, Inc. (VFA) provides a range of on-site, individual financial planning services: Estimating your financial needs in retirement Determining your savings rate Planning for how long you want to work Diversifying your assets Selecting investment funds Monitoring and managing your portfolio

VALIC can also manage your portfolio through Guided Portfolio Services® (“GPS”), which is an optional service available to all participants in the Plan. GPS offers two different approaches to managing your portfolio: Portfolio Advisor—there is no cost for this service. Offers expert advice, including asset allocation, fund selection, retirement income

forecasting, recommended savings rates and ongoing portfolio optimization. Portfolio Advisor is for the highly involved participant (“do-it-yourself”). Enroll online at VALIC.com.

Portfolio Manager—there is a fee for this service. Offers all of the advice and services of Portfolio Advisor, plus it automatically implements

the investment advice and provides ongoing asset management. Portfolio Manager is for the uninvolved participant (“do-it-for-me”). This service is available at an additional cost, please contact your financial advisor for more

information (see question 21 for contact information). GPS is offered through VALIC Financial Advisors, Inc. and is available for an additional fee. For more Information, contact your local financial advisor.

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These Questions & Answers are intended to provide you with general information on the retirement plans. Every effort has been made to provide an accurate summary of such benefits. However, if there is a conflict between the material in this document and the actual Plan documents, the terms of the Plan document will control. Notwithstanding anything to the contrary contained in this document, Lawrence General Hospital reserves the right to amend, modify or terminate any benefit at any time.

Securities and investment advisory services offered through VALIC Financial Advisors, Inc. (“VFA”), member FINRA, SIPC and an SEC-registered investment advisor.

VALIC Information - Annual Participant Fee Disclosure 12/20/2016 1 of 12 71800 - 001

Annual Participant Fee Disclosure For Currently Available and Legacy Investment Options

LAWRENCE GENERAL HOSPITAL403(B) RETIREMENT PLAN OF LAWRENCE GENERAL HOSPITAL This disclosure contains important information about the investment options offered in 403(B)RETIREMENT PLAN OF LAWRENCE GENERAL HOSPITAL ("Plan"). Federal regulations require that you receive this information. More importantly, this information can assist you in making critical decisions regarding your retirement plan including how much to contribute and how to invest your account — decisions which are key to the success of your retirement savings.

Please review these materials carefully. Although no action is required at this time, please keep this information available when managing or monitoring any account you may have in the Plan.

What's Inside

Section I: Understanding the Basics Learn more about factors to consider when making investment decisions.

Section II: Investment Alternatives Comparative Chart Review information about the investment options under the Plan, including historical or stated rates of return, fees and expenses and restrictions.

Section III: Individual Fees and Charges Review the types of individual fees and charges that may be deducted from your account.

Section IV: Plan Information and Administrative Expenses Review giving investment instructions, including limitations, and voting rights, along with plan administrative fees and charges.

Section V: Footnotes and Definitions Review important footnotes and definitions for the information contained throughout this disclosure.

Section VI: Summary of Resources Review additional resources that will assist with understanding the information contained in this disclosure.

Plan Administrator ARLENE TARANTINO DONOVAN, 1 GENERAL STREET, LAWRENCE, MA 01842

Throughout this disclosure, VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.


Section I: Understanding the Basics Retirement plan experts and the United States Department of Labor have noted that fees and expenses are an important consideration for plan participants, along with investment performance, available services, guarantees and investment features. In short, what are you paying, and what are you getting for it?

Fees and expenses can be associated with the general administration of a retirement plan, a particular individual service you elect or incorporated into the investment options you choose. This disclosure describes your plan's services and available investment options and the fees associated with both.

> Administrative services

General administrative services can include recordkeeping, legal and accounting services, customer service and communications including quarterly account statements.

> Individual services

Individual services include any service that is available in the plan that you elect to use. An example of an individual service would be a loan, which may include an initial set-up fee as well as an annual loan maintenance fee.

> Investment options

Investment options may have fees and expenses associated with that particular option. For example:

• Operating expenses Investment funds and products may charge fees to cover the fund's total annual operating expenses. Also known as an expense ratio, these fees are generally not deducted from your account; rather they are calculated in the share price or net asset value of the investment option. So, the performance data shown on any fund already takes these fees into account. Since the expense ratio varies by fund and is not directly deducted from your account, it will be important for you to understand the fees for any fund. Expense ratios are noted in this disclosure as both a percent and a dollar amount per $1,000. So, if the expense ratio is 0.50%, the actual fund expense is $5.00 for each $1,000 you have in that fund. These fees also may include annuity contract charges, such as separate account fees which are in consideration of certain additional guarantees, including death benefit guarantees as well as lifetime guaranteed payment options. Expense ratios can have a significant effect on your investment returns. That's why you should be aware of them as you select investment options. For instance, in the hypothetical example below, we can look at two identical investments with identical rates of return before expenses are charged to the fund. In this example, these two investments have different expense ratios—0.50% (as mentioned above) and 1.50%. You can see the difference in the cumulative return over 20 years:

This illustration is only an example and does not represent the return of any actual investment.

• Trading fees Some funds impose trading restrictions or charge transaction fees related to trading frequency. Such transaction fees, including short-term trading fees, may be deducted from your account when applicable.

• Fixed investment fees

Fixed investment options can include fees or transfer and withdrawal restrictions in return for a guaranteed return on investment.

These fees are an important part of the story, but not the entire story. Fees should not be reviewed in a vacuum. It is important to understand the fees you are paying in the context of what you are getting for those fees. That includes the services, options and guarantees that those fees provide. It is also important to consider the investment option performance, which, as noted above, has already taken into account some or all of the fees. Performance data included in this disclosure provides the same general information across investment options so you can compare them.

Some explanations that may help clarify how to view the information are:


> Fund Performance for each fund as of the same time period — allowing you to compare "apples to apples" with the same market conditions.

> Categorization of funds are classified by category or asset class — allowing you to compare one fund to a similar

fund, such as bond funds to bond funds.

> Annual operating expenses are shown as a percent or a dollar amount per $1,000 of investment — allowing you to compare expenses across funds.

> Benchmark information is provided for each fund — allowing you to compare a fund you are considering against

the benchmark the fund company has identified.

> Shareholder-type fees and restrictions are also identified — allowing you to compare and determine if it will meet your individual goals.

It is important to remember that past performance is not an indicator or guarantee of future results and that higher or lower fees are not necessarily indicative of the performance of that fund. To remain informed, you may want to take advantage of more current performance data which is available online for each fund at www.valic.com/feedisclosure.

> Annuity options

Two factors to consider when reviewing your annuity options available under the Plan include:

• Guaranteed Death Benefit Annuities provide specific guarantees of payment to your designated beneficiary if your death occurs prior to annuitization or contract surrender.

• Guaranteed Income Payment Options

Annuities are insurance contracts that allow you to receive a guaranteed stream of payments at regular intervals, usually beginning when you retire and may last for your entire life, in return for an investment. You may choose to have your account paid out in a fixed, variable, or combination of methods including lifetime annuity, lump sum, installment and partial annuity options.

The information provided in this disclosure supplements the information already provided to participants in the Plan's Summary Plan Description (SPD), Summary Annual Report (SAR) and quarterly benefit statements. This disclosure does not replace or alter the terms of the Plan or investment arrangements. This disclosure is subject to the terms of the Plan and investment arrangements and, in the event of a conflict, the terms of the Plan and/or investment arrangement will prevail.

Please keep in mind that investing involves risk including the possible loss of principal. Retirement accounts are long- term investments. Income taxes are payable upon withdrawal, and federal restrictions and a 10% federal penalty tax may apply to withdrawals prior to age 59½.

We hope that this disclosure will be helpful to you as you continue to plan for your retirement needs.

Section II: Investment Alternatives Comparative Chart The Investment Alternatives Comparative Chart provides important information to help you compare the investment options provided by VALIC under the Plan. These investments are administered by VALIC as the service provider. The Investment Alternatives Comparative Chart includes the following information:

> Performance information for the investment options provided by VALIC under the Plan. • This includes investments that have a fixed or stated rate of return as well as investments with a variable rate of

return. • Products that are available to all participants (includes beneficiaries and alternate payees) and eligible employees

are listed first. All other products are listed thereafter. • Product exchanges from newer products to older products are generally not allowed.

> Shows how these investments have performed over time and allows you to compare them with an appropriate

benchmark index for the same time periods. Current performance may be higher or lower than the performance stated due to recent stock market volatility. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that investments, when withdrawn, may be


worth more or less than the original cost. > Shows fee and expense information for the investment options provided by VALIC under the Plan. • Total annual operating expenses, which include the separate account fee, reduce the rate of return of the

investment option. • The shareholder-type fees are in addition to the total annual operating expenses. • Describes limitations or restrictions imposed by VALIC or the investment option.

> Presents the features of the annuity options available under the Plan. • Annuities are insurance contracts that allow you to receive a guaranteed stream of payments at regular intervals,

usually beginning when you retire and may last for your entire life, in return for an investment. • These annuities are issued by The Variable Annuity Life Insurance Company and distributed by its affiliate, AIG

Capital Services, Inc., member FINRA. • All guarantees are backed by the claims-paying ability of The Variable Annuity Life Insurance Company.

Please visit https://my.valic.com/MyVALIC/FundPerformance/FundFactSheet.aspx?g=1 for a glossary of investment terms relevant to the investment options under this Plan. This glossary is intended to help you better understand your options.

Investment Option(s) Below you will find detailed charts with information for each investment option concerning performance, fees, expenses and the features of the annuity options available under the Plan, if applicable.

More information can be found at: www.valic.com/feedisclosure


GROUP MUTUAL FUND W/ FIXED ANNUITY (M230) (Policy Form GFUA-315, a fixed annuity issued by The Variable Annuity Life Insurance Company, Houston, Texas). The Plan's mutual fund options and the fixed annuity are available for investment by Participants. Transfers by the Participant (and, if applicable, by the Plan Sponsor) into and out of the fixed option(s) (and, if applicable, including certain withdrawals and surrenders) may be limited as described in the contract. Contract surrender may be subject to a market value adjustment factor.

This product is generally available to Participants and eligible employees. Subject to the Plan, certain restrictions may apply. Example: the product may be available only for certain types of contributions.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. While the fund seeks to preserve the value of a plan participant's investment at $1 per share, it is possible to lose money while investing in the fund.

Variable Return Investments

Average Annual Total Return as of 12/31/2015

Benchmark Return as of 12/31/2015

Total Annual

Operating Expenses

INVESTMENT NAME Benchmark

Ticker

Asset Class 1 yr 5 yr 10 yr/

Inception*

As a % Per

$1000

Shareholder- Type Fees/ Restrictions

OPPENHEIMER DEVELOPING MARKETS I MSCI EM NR USD

ODVIX Diversified Emerging

Mkts

-13.67% § 2.26% 12/29/11

-14.92% ‡ 5.41% 12/29/11

0.86% $8.60 N/A

MFS INTL DIVERSIFICATION R4

MSCI ACWI Ex USA GR USD

MDITX Foreign Large Blend

0.11% 3.96% 4.81%

-5.25% 1.51% 3.38%

0.93% $9.30 N/A

VANGUARD TOT INTL STCK IDX ADM

MSCI ACWI Ex USA NR USD

VTIAX Foreign Large Blend

-4.26% 1.31% 2.66% 11/29/10

-5.66% 1.06% 2.44% 11/29/10

0.14% $1.40 N/A

AMERICAN EUROPACIFIC GROWTH R6 MSCI ACWI Ex USA NR USD

RERGX Foreign Large Growth

-0.48% 3.99% 9.40%

-5.66% 1.06% 7.61%

0.49% $4.90 N/A

MFS GLOBAL REAL ESTATE R6 MSCI ACWI NR USD

MGLRX Global Real Estate ‡ ‡ ‡

‡ ‡ ‡

1.03% $10.30 N/A

JANUS TRITON N

Russell 2500 Growth TR USD

JGMNX Small Growth 1.47% § 15.49% 05/31/12

-0.19% ‡ 15.64% 05/31/12

0.68% $6.80 N/A

GABELLI SMALL CAP GROWTH I Russell 2000 TR USD

GACIX Small Blend -3.48% 9.36% 8.46% 01/11/08

-4.41% 9.19% 7.67% 01/11/08

1.13% $11.30 N/A

GOLDMAN SACHS SMALL CAP VALUE R6 Russell 2000 TR USD

GSSUX Small Bend § § -6.22% 07/31/15

‡ ‡ 5.56% 07/31/15

0.92% $9.20 N/A

VAN MID CAP INDEX ADM

CRSP US Mid Cap TR USD

VIMAX Mid-Cap Blend -1.34% 11.52% 7.90%

-1.28% 11.74% 8.01%

0.09% $0.90 N/A

VICTORY SYCAMORE ESTABLISHED VALUE I Russell Mid Cap Value TR USD

VEVIX

Mid-Cap Value

1.00% 11.60% 13.15% 03/01/10

-4.78% 11.25% 13.11% 03/01/10

0.66% $6.60 N/A

JENSEN QUALITY GROWTH I S&P 500 TR USD

JENIX Large Growth 1.80% 11.33% 8.05%

1.38% 12.57% 7.31%

0.63% $6.30 N/A



Benchmark Return as of

12/31/2015

Total Annual

Operating Expenses


Ticker

Asset Class 1 yr 5 yr

10 yr/ Inception*

As a %

Per

$1000


AMERICAN FUNDS FUNDAMENTAL RFNGX Large Blend

3.71% 11.58% 15.17%

05/01/09

0.31% $3.10 N/A

S&P 500 TR USD

1.38% 12.57% 15.96% 05/01/09

COLUMBIA LARGE CAP INDEX R5 CLXRX Large Blend

1.21% § 15.57%

11/08/12

0.20% $2.00 N/A

S&P 500 TR USD 1.38% ‡ 15.80% 11/08/12

MFS VALUE R6 MEIKX Large Value -0.42% 11.79% 6.91% 05/01/06

0.51% $5.10 N/A

Russell 1000 Value TR USD -3.83% 11.27% 7.01% 05/01/06

BLACKROCK GLOBAL ALLOCATION K MKLOX World Allocation ‡ ‡ ‡ 0.80% $8.00 N/A

Morningstar Mod Tgt Risk TR USD ‡ ‡ ‡

T. ROWE PRICE RTMT 2015 TRFGX Target-Date 2015

§ § 3.81% 09/29/15

0.50% $5.00 N/A

Morningstar Mod Tgt Risk TR USD ‡ ‡ 3.41% 09/29/15

T. ROWE PRICE RTMT 2020 TRBRX Target-Date 2020

§ § 4.61% 09/29/15

0.52% $5.20 N/A


T. ROWE PRICE RTMT 2025 TRPHX Target-Date 2025

§ § 5.41% 09/29/15

0.55% $5.50 N/A


T. ROWE PRICE RTMT 2030 TRPCX Target-Date 2030

§ § 5.91% 09/29/15

0.58% $5.80 N/A


T. ROWE PRICE RTMT 2035 TRPJX Target-Date 2035

§ § 6.52% 09/29/15

0.61% $6.10 N/A




Benchmark Return as of 12/31/2015

Total Annual

Operating Expenses


Ticker

Asset Class 1 yr 5 yr

10 yr/ Inception*

As a %

Per

$1000


T. ROWE PRICE RTMT 2040 TRPDX Target-Date 2040

§ § 6.92% 09/29/15

0.63% $6.30 N/A


T. ROWE PRICE RTMT 2045 TRPKX Target-Date 2045

§ § 6.92% 09/29/15

0.65% $6.50 N/A


T. ROWE PRICE RTMT 2050 TRPMX Target-Date 2050

§ § 6.92% 09/29/15

0.65% $6.50 N/A


T ROWE PRICE RTMT 2055 TRPNX Target-Date

2055 § § 6.92%

09/29/15 0.65% $6.50 N/A


TROWE RETIREMENT 2060

Morningstar Mod Tgt Risk TR USD

TRPLX Target- Date 2060+

§ ‡

§ ‡

6.92% 09/29/15

0.65% $6.50 N/A

3.41% 09/29/15

TEMPLETON GLOBAL BOND R6 FBNRX World Bond -3.91% § -1.04% 05/01/13

0.51% $5.10 N/A

Citi WGBI USD -3.57% ‡ 1.24% 05/01/13

LOOMIS SAYLES CORE PLUS BOND NT. NERNX Intermediate-Term Bond

-3.84% § 0.65% 02/01/13

0.46% $4.60 N/A

Barclays US Agg Bond TR USD 0.55% § 1.76% 02/01/13

METROPOLITAN WEST TOTAL RETURN MWTSX Intermediate-

Term Bond 0.25% § 4.30%

07/29/11

0.39% $3.90 N/A

Barclays US Agg Bond TR USD 0.55% § 2.68% 07/29/11

AMERICAN CENTURY INFL-ADJ BOND INSTL

Barclays US Treasury TIPS TR USD

AIANX Inflation- Protected Bond

-1.95% -1.44%

2.14

2.55%

3.71%

0.27% $2.70 N/A

3.93%

VANGUARD FEDERAL MONEY MARKET

VMFXX World Bond 0.04% 0.02% 1.27%

0.10% $1.00 N/A

Citi Treasury Bill 3 Mon USD 0.03% 0.05% 1.17%


Fixed Return Investments

INVESTMENT NAME

Declared Rate

As of Date Total Annual Operating Expenses

Restrictions

As a % Per $1000

FIXED INTEREST OPTION 3.00% 12/31/2015 N/A N/A 1, A

The various forms of guaranteed income payment options available for your annuity option are as follows:

Objective/Goals Pricing Factors

Restrictions/Fees

When you are ready to begin taking income, you can choose to receive income payments on a variable basis, fixed basis, or a combination.

You may specify the manner in which your income payments are made. You may select one of the following options: • Life Only: Provides a guaranteed stream of income for your life.

Under this option there is no provision for a death benefit for the beneficiary.

• Life Option with Guaranteed Period: Provides a guaranteed stream of income for your life. If you die before the guaranteed period has expired, your beneficiary can receive payments for the rest of the guaranteed period, or take a lump-sum distribution.

• Life with Cash or Unit Refund: Provides a guaranteed stream of income for your life. These payments are based upon your life expectancy and will continue for as long as you live. If you do not outlive the life expectancy, your beneficiary may receive an additional payment.

• Joint and Survivor Life: Provides a guaranteed payment stream of income during the joint lifetime of you and a second person. Upon the death of one, payments continue during the lifetime of the survivor. There is no death benefit at the death of the last survivor.

• Payments for a Designated Period: Provides a guaranteed payment stream of income to you for a select number of years between 5 and 30. Upon your death, payments will continue to your beneficiary until the designated period is completed.

The cost of each option depends on your age, the interest rates and mortality table when you buy it, and the interest rates and mortality table guaranteed in your contract.

Once your payments have begun, the option you chose cannot be stopped or changed.

The first payment must be at least $25 and the total annual payment must be at least $100. VALIC reserves the right to reduce the frequency of payments so each payment is at least $25.

Section III: Individual Fees and Charges

An explanation of expenses deducted from your account on an individual, rather than Plan-wide, basis, such as fees for processing loans, is provided below.

In addition to the individual expenses described below, certain types of charges that may be deducted from your account related to the buying and selling of investments (e.g., redemption fees) are described in Section II, the annuity contracts/certificates and/or in the investment option's prospectus.

Withdrawals and Surrenders

Withdrawal or surrender charges, if any, are described in Section II.

Loans

Each loan from a mutual fund account is assessed:

• A one-time $50 loan processing fee. • A $50 annual maintenance fee, which is deducted on a quarterly basis and processed pro-rata against

all investment options in your account.


Guided Portfolio Services® ("GPS") Guided Portfolio Services is a participant investment advisory service offered in accordance with Department of Labor Advisory Opinion 2001-09A issued to VALIC's sister company, SunAmerica Retirement Markets, Inc., in 2001. GPS must be authorized by the Plan Sponsor to be available in the plan and must be elected by the participant. Fees for GPS are paid to VALIC Financial Advisors, Inc. ("VFA") and are charged to the account of any participant who elects GPS. GPS is available in 2 formats:

• GPS Portfolio Advisor is an option for those participants who want to monitor and manage their investment

portfolios themselves, but still value expert advice. For Portfolio Advisor, a fixed annual fee is $25.00 is charged following enrollment, which entitles the participant to use the service for one year. At the end of the year, the participant will be required to re-enroll to continue the service.

• This fee is waived

• GPS Portfolio Manager is the managed account option that automatically implements the investment advice,

provides ongoing portfolio monitoring and asset rebalancing, and updates the participant's advice and retirement income forecast annually. For Portfolio Manager, an asset based fee is calculated at each calendar quarter end and will be assessed shortly after quarter end. Following is the GPS Portfolio Manager fee schedule.

GPS Portfolio Manager fee schedule For assets managed by GPS:

○ annual participant fee is 0.45% on assets

Self-Directed Brokerage Account

Schwab Personal Choice Retirement Account® (PCRA) is a self-directed brokerage account that allows participants to invest all or a portion of their Plan account balance in investment options available through a brokerage service. Participants enroll in the brokerage window by allocating contributions or exchanging other investment vehicles into PCRA. For a participant with no PCRA account, this activity triggers the automated PCRA account opening procedure. A written communication containing an informational brochure and a Limited Power of Attorney (LPOA) form is then sent by VALIC. The LPOA form should be completed by the participant and returned to Schwab. A “Welcome Kit” is also sent to the participant by Schwab. This kit contains instructional information regarding the new PCRA account along with the new PCRA account number. Participants can request activities on their self-directed brokerage accounts by speaking directly with a Schwab representative by calling 1-888-393-7272 or by using any of the following: Schwab.com, Telebroker® (touch-tone telephone) or Schwab by Phone™ (voice recognition telephone) services. Participants will receive confirmation of each transaction made to their account either by mail, or if elected, electronically via email. A monthly statement will also be generated. In addition to the detailed Schwab statement, the participant's aggregate balance in the self-directed brokerage account and confirmation information will be provided on VALIC's quarterly account statement. The following fees are representative of the fees associated with PCRA: Account maintenance fee: PCRA investors are assessed an annual account maintenance fee of $50.00 by VALIC. Transaction fees: Schwab charges transaction fees on some of its mutual fund offerings. Some funds may also charge sales and/or redemption fees. Standard fees apply on both transactions when placing simultaneous orders to sell one or more transaction-fee fund(s) and purchase additional transaction-fee fund(s) with the proceeds.

No-Transaction Fee Funds (includes funds available through the Mutual Fund OneSource® service): Electronic Trade -- $0, Broker-Assisted Trade -- $25 service charge per trade may apply. Schwab's short-term redemption fee will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource service (and certain other funds with no transaction fees) and held 90 days or less. Transaction-Fee Funds: Electronic Trade -- $50 per buy, $0 per sell; Broker-Assisted Trade -- Electronic fee, plus $25 service charge per trade.


You can obtain more information about PCRA commissions and transaction fees by calling Schwab's PCRA Call Center at 1- 888-393-PCRA (7272), Monday through Friday, 9:00 am through 7:30 pm ET. Or, you can view the current Charles Schwab Pricing Guide for Retirement Plan Accounts on Schwab.com for a more complete description of all other commissions and transaction fees.

Section IV: Plan Information and Administrative Expenses Operation of the Plan

Information regarding investment instructions, including limitations, and voting rights is provided below. Giving Investment Instructions

In order to direct your Plan investment with VALIC, and subject to any Plan and investment restrictions described below, you may make your election on VALIC's website, www.valic.com, or you may contact VALIC at 800-448-2542.

For security reasons, you will be asked to verify your identity by logging into your account on VALIC.com. Should you need to register for VALIC.com, please visit https://login.valic.com/sso/ and click on "Register for individual access" under "Need to register for online access?" in the middle of the screen.

You may give your instructions on any day. Instructions include updates to the investment allocations on your account(s) and transfers of assets between the available investments offered by the Plan. Instructions completed by close of the New York Stock Exchange (NYSE) (Eastern Time) will be effective that day. Instructions completed after the close of the NYSE (Eastern Time) will be effective on the next business day. Plan Limitations on Instructions

Your instructions may be subject to limitations or restrictions imposed by the investment options as described in Section II or by the Plan. Designated Investment Alternatives

See Section II for a list of all investment options provided under the Plan by VALIC. Designated Investment Manager

There is no Designated Investment Manager for the Plan. Voting and Other Rights

VALIC receives advance notice of shareholder meetings of mutual funds (or variable investment options under an annuity) that are offered on VALIC retirement services platforms. Each notice provides details of the meeting, including the meeting date, record date and the purpose of the meeting. As of the record date (i.e., the date used to determine who is eligible to vote at each meeting), VALIC conducts a search of its systems for all Plan participants who owned shares of the fund (or, in the case of amounts held under a VALIC annuity contract, units of a variable investment option of VALIC Separate Account A which corresponds to an investment in the fund) on such date. VALIC provides to the fund's proxy vendor the name, address and number of shares for each person designated to receive the proxy materials (generally, the Plan participants unless the Plan directs VALIC differently). VALIC provides no further information about Plan participants or the Plan Sponsor to the fund company or to the proxy vendor, and neither the fund company nor the proxy vendor is authorized to contact Plan participants or the Plan Sponsor to actively solicit voting instructions.

In addition to mailing proxy materials (notice, proxy statement and proxy/voting instruction card), many fund companies make these materials available on their websites and/or the proxy vendor's website. Generally, proxies or voting instructions may be provided via the internet, phone or regular mail. Plan Fees and Expenses

An explanation of fees and expenses for general Plan administrative services (e.g., legal, accounting and recordkeeping) that may be deducted from a participant's account and the basis on which such charges will be allocated is provided below.


An annual administrative fee of 10 basis points, based on total Plan assets (including all assets in Schwab PCRA), is charged to Participant accounts or paid by the Plan Sponsor quarterly. Participant accounts that include a fund for which VRSCO receives Indirect Compensation will be credited with a pro rata share of the Indirect Compensation from such fund based on the value of their investment in the fund at the time of the credit. The Plan may incur charges or fees outside of the investment alternative product(s) that may be deducted from participant accounts as directed or authorized by the Plan Administrator. These fees may include third-party administration, consultant, legal, audit, and other fees directly related to the operation of the Plan. Any such charges or fees deducted from VALIC participant accounts will be reflected on quarterly participant account statements.

Section V: Footnotes and Definitions

* 10 yr/Inception: The data in this column is based on the lesser of 10 years or the inception date of the fund.

** 10 yr/Inclusion: The data in this column is based on the lesser of 10 years or the date the funds were included in the annuity product.

N/A = Not applicable and/or none.

§ = Investment option has not been in existence for a long enough period of time and data is not available.

‡ = No data available at the time this disclosure was prepared.

Asset classes, and the indexes from which their historical returns are derived, are not managed funds, have no identifiable objectives and cannot be purchased. They do not provide an indicator of how individual investments performed in the past or how they will perform in the future. Performance of indexes does not reflect the deduction of any fees and charges, and past performance of asset classes does not guarantee the future performance of any investment.

These disclosures reflect benchmarks as identified in fund prospectuses where available and may include multiple benchmarks as indicated. Otherwise benchmarks are provided by Morningstar. Performance data for investment options (other than investment options under VALIC annuity products) and benchmarks (where available) were supplied by Morningstar. ©2011 Morningstar, Inc. All Rights Reserved. This information: (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 VALIC nor Morningstar, nor Morningstar's content providers, are responsible for any damages or losses arising from any use of the data contained herein.

If you want additional information about the investment options, you can go to www.valic.com/feedisclosure. Information on the website includes the option's objectives and goals, principal risks and principal strategies, portfolio turnover rate, performance data and fee and expense information. A free paper copy of the information on the website may be obtained by contacting the Plan Administrator. Contact information is located in on the first page of this disclosure. Additional information may also be obtained at www.valic.com/feedisclosure.

VALIC has an Investor Trading Policy to discourage excessive trading and market timing as such activity can result in increased fund expenses. If an investor sells fund shares in the Plan valued at $5,000 or more, the investor will not be able to make a purchase of $5,000 or more in that same fund for 30 calendar days. Certain transactions may be excluded from this policy. The Investor Trading Policy for VALIC can be located at https://www.valic.com/investor-trading-policy_3240_423144.html or you may contact VALIC at 800- 448-2542.

When you are reviewing the fee and expense information, please keep in mind that the cumulative effect of fees and expenses can substantially reduce the growth of your retirement savings. Visit the Department of Labor's website for an example showing the long- term effects of fees and expenses at http://www.dol.gov/ebsa/publications/401k_employee.html. Fees and expenses are only one of many factors to consider when you decide to invest in an option. You may also want to think about whether an investment in a particular option, along with your other investments, will help you achieve your financial goals.

Average Annual Total Return: Reflects the average annual compounded rate of return which would equate an initial investment of $10,000 in a designated investment alternative to the ending redeemable value, assuming application of the maximum amount of applicable charges. The calculations assume that the investment was made at the beginning of the period and fully withdrawn at the end of the period (whether or not such a withdrawal would have been permitted under the plan). The returns displayed for the benchmarks are reduced only for the fees included in the benchmark itself, if any, and not the product-specific fees. Average Annual Total Return for any investment other than a benchmark reflects all applicable fees for the investment option and thus also is the same as the Standard Average Annual Total Return for such investment.

Shareholder-Type Fees/Restrictions (in addition to the VALIC Investor Trading Policy):

1 Equity Wash Provision: Transfers to competing funds or options (as defined in the governing document or contract) are not permitted. Transfers to non-competing funds are permitted; however, those transfers out of this fund are subject to a 90 day


waiting period before they can be transferred to a competing fund or option.

2 Redemption Fees: Certain transactions that purchase shares in this fund are subject to a 0 day holding period. If the shares transfer out of the fund (are redeemed) prior to the completion of the holding period, a fee of 0% will be charged to the transferred amount.

Fixed Return Investment Restrictions

A Not less frequently than annually, VALIC will declare interest rates that apply either to the entire accumulation value, or separately to amounts accumulated in separate time periods. The interest rate will be set in advance of the period to which it relates and will never fall below 1%. Please refer to your contract or certificate for specific guarantee. Contract surrender may be subject to a market value adjustment factor.

Section VI: Summary of Resources

Glossary of Investment Terms https://my.valic.com/MyVALIC/FundPerformance/FundFactSheet.aspx?g=1

Prospectuses for VALIC Annuity Products https://www.valic.com/prospectuses-reports_3240_424368.html

Updated Investment Performance Data and Fund Fact Sheets www.valic.com/feedisclosure

Link to Informational Audio/Video Presentation www.valic.com/participant_fee_disclosure

Retirement plans and accounts that satisfy relevant qualification rules, such as 403(b)s, IRAs, 401(k)s, etc., can be tax deferred regardless of whether or not they are funded with an annuity. If you are considering funding a tax-qualified retirement plan or account with an annuity, you should know that an annuity does not provide any additional tax- deferred treatment of earnings beyond the tax deferral of the tax-qualified retirement plan or account itself. However, annuities do provide other features and benefits.

Generally, higher potential returns involve greater risk and short-term volatility. For example, small-cap, mid-cap, sector and emerging funds can experience significant price fluctuation due to business risks and adverse political developments. International (global) and foreign funds can experience price fluctuation due to changing market conditions, currency values, and economic and political climates. High-yield bond funds, which invest in bonds that have lower ratings, typically experience price fluctuation and a greater risk of loss of principal and income than when investing directly in U.S. government securities such as U.S. Treasury bonds and bills, which are guaranteed by the government for repayment of principal and interest if held to maturity. Mortgage-related funds' underlying mortgages are more likely to be prepaid during periods of declining interest rates, which could hurt the fund's share price or yield and may be prepaid more slowly during periods of rapidly rising interest rates, which might lengthen the fund's expected maturity. Investors should carefully assess the risks associated with an investment in the fund. Fund shares are not insured and are not backed by the U.S. government, and their value and yield will vary with market conditions.

To obtain a prospectus, visit https://www.valic.com. You can also call 1-800-428-2542 and follow the prompts to request all annuity prospectuses. Underlying fund prospectuses and mutual fund prospectuses can be obtained through the ePrint function under Links to Login on www.valic.com. The prospectuses contain the investment objectives, risks, charges, expenses and other information about the respective investment companies that you should consider carefully before investing. Please read the prospectuses carefully before investing or sending money.

Securities and investment advisory services are offered by VALIC Financial Advisors, Inc., member FINRA and an SEC- registered investment advisor. Annuities issued by The Variable Life Insurance Company. Variable annuities, AIG Capital Services, Inc. members FINRA. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company. Copyright © The Variable Annuity Life Insurance Company. All rights reserved.

LAWRENCE GENERAL HOSPITAL RETIREMENT PLANS

DEFAULT INVESTMENT NOTICE FOR 2017 PLAN YEAR

To: Plan Participants

From: Plan Administrator, Lawrence General Hospital 403(b) and 401(k) Plans (“Plans”)

Plan Sponsor: Lawrence General Hospital (“Employer”)

Re: Notice of Default Investments under the Plans

QUALIFIED DEFAULT INVESTMENT ALTERNATIVE

Right to direct investment. This notice advises you that as a Participant (including a Beneficiary of a deceased Participant) in the Plans, you have the right to direct the investment of all of your Plan account assets.

Default investment. You may invest your account(s) in any of the investment choices offered under the Plans. If you do not make an election as to how the Plans should invest your account(s), then the Plans will invest your account(s) in the “default” investment that the Plan officials have selected. The default investment is the applicable T. Rowe Price Retirement fund, and is more fully explained below.

Default funds Based on your assumed

retirement age of 65

Ticker Symbol

Participant Date of Birth

T. Rowe Price Retirement I 2015 TRFGX Before 1952 T. Rowe Price Retirement I 2020 TRBRX From 1953 through 1957 T. Rowe Price Retirement I 2025 TRPHX From 1958 through 1962 T. Rowe Price Retirement I 2030 TRPCX From 1963 through 1967 T. Rowe Price Retirement I 2035 TRPJX From 1968 through 1972 T. Rowe Price Retirement I 2040 TRPDX From 1973 through 1977

T. Rowe Price Retirement I 2045 TRPKX From 1978 through 1982 T. Rowe Price Retirement I 2050 TRPMX From 1983 through 1987 T. Rowe Price Retirement I 2055 TRPNX From 1988 through 1993 T. Rowe Price Retirement I 2060 TRPLX After 1993

1 of 2

The principal value of an investment in a target date fund is not guaranteed at any time including at or after the target maturity date. The target date is the approximate date when investors plan to start withdrawing money. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. Some target date funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility over shorter time periods. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. Read the prospectus carefully before investing.

Description of default investment. The description of the default investment is as follows:

Investment objectives: The investments seek the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. While the investment is non-diversified, it invests in diversified underlying holdings.

Risk and return characteristics (if applicable): Risk ranges from conservative to aggressive. As a result of investing in the default investment funds, there is no guarantee that the investment will provide adequate retirement income, and you may have an investment loss. The default investment fund is not intended to guarantee retirement income.

Fees and expenses: Ranges from 0.51% - 0.65% (annual expense on assets invested in the fund). Fees are subject to change. Right to alternative investment. Even if the Plans invest some or all of your account(s) in the default investment, you have the continuing right to direct the investment of your account(s) in one or more of the other investment choices available to you. You are entitled to invest in any of the alternative investment choices without incurring a financial penalty.

Where to go for further investment information. You can obtain further investment information about the Plan’s investment alternatives by logging online at www.valic.com, contacting the Corporate Human Resources Department at 978-946-8125 or contacting your VALIC financial advisors, Clint Hyland at 603-594-8340 and Josh Gould at 844-860-0100.

Investors should carefully consider the investment objectives, risks, fees, charges and expenses before investing. This and other important information is contained in the prospectus, which can be obtained from your financial professional or at www.valic.com/eprint. Enter your Group ID in the Login field and click Continue. You can also request a copy by calling 1-800-428-2542. Read the prospectuses carefully before investing. Securities and investment advisory services offered through VALIC Financial Advisors, Inc. (“VFA”), member FINRA, SIPC and an SEC-registered investment advisor.

2 of 2

Page 1 of 3

Current FundLine-up Ticker

Approved/ProposedFund Line-up Ticker

International & Global Equity International & Global EquityOppenheimer Developing Markets A ODMAX Oppenheimer Developing Markets I ODVIXAmerican Funds Europacific Growth R3 RERCX American Funds Europacific Growth R6 RERGXHarbor International Investor HIINX Vanguard Total Intl Stock Index Admiral VTIAXFirst Eagle Overseas A SGOVX MFS Intl Diversification R4 MDITXMet Invt Ser MFS Research Intl B Vanguard Total Intl Stock Index Admiral VTIAXMetropolitan Ser MSCI EAFE® Index A Vanguard Total Intl Stock Index Admiral VTIAXMet Invt Ser Oppenheimer Glbl Eq B Vanguard Total Intl Stock Index Admiral VTIAXJanus Aspen Global Research Svc Vanguard Total Intl Stock Index Admiral VTIAX

Global Real Estate Global Real EstateVoya Global Real Estate A IGLAX MFS Global Real Estate R6 MGLRXMet Invt Ser Clarion Global Real Es A MFS Global Real Estate R6 MGLRX

Small Cap Equity Small Cap EquityBaron Small Cap Retail BSCFX Janus Triton N JGMNXMetropolitan Ser NB Genesis A Janus Triton N JGMNXMetropolitan Ser T. Rowe Price Sm Cp B Janus Triton N JGMNXGabelli Small Cap Growth A GCASX Gabelli Small Cap Growth I GACIXGoldman Sachs Small Cap Value A GSSMX Goldman Sachs Small Cap Value R6 GSSUXMetropolitan Ser Russell 2000 Index A Goldman Sachs Small Cap Value R6 GSSUXDelaware VIP Small Cap Value Series Std Goldman Sachs Small Cap Value R6 GSSUXMet Invt Ser MetLife Small Cap Value B Goldman Sachs Small Cap Value R6 GSSUX

Mid Cap Equity Mid Cap EquityHartford MidCap Y HMDYX Vanguard Mid Cap Index Adm VIMAXFidelity VIP Mid Cap Service 2 Vanguard Mid Cap Index Adm VIMAXJanus Aspen Enterprise Svc Vanguard Mid Cap Index Adm VIMAXMet Invt Ser MorganStanley Md Cp Gr B Vanguard Mid Cap Index Adm VIMAXVanguard Mid Cap Index Adm VIMAX Vanguard Mid Cap Index Adm VIMAXMetropolitan Ser MetLife MidCap StkIdx G Vanguard Mid Cap Index Adm VIMAXVictory Sycamore Established Value A VETAX Victory Sycamore Established Value I VEVIXMetropolitan Ser Frontier Mid Cap Gr D Vanguard Mid Cap Index Adm VIMAX

Large Cap Equity Large Cap EquityJensen Quality Growth J JENSX Jensen Quality Growth I JENIXT. Rowe Price Blue Chip Growth Advisor PABGX Jensen Quality Growth I JENIXClearBridge Variable Aggressive Gr I Jensen Quality Growth I JENIX

Lawrence General Hospital

Fund Mapping as of September 30, 2016

Page 2 of 3



ClearBridge Variable Large Cap Growth I Jensen Quality Growth I JENIXFidelity VIP Contrafund Service 2 Jensen Quality Growth I JENIXMet Invt Ser ClearBridge Agrsv Gr A Jensen Quality Growth I JENIXMet Invt Ser ClearBridge Agrsv Gr B Jensen Quality Growth I JENIXMetropolitan Ser BlackRock Cap Apprec A Jensen Quality Growth I JENIXMetropolitan Ser Jennison Growth A Jensen Quality Growth I JENIXColumbia Large Cap Index A NEIAX Columbia Large Cap Index R5 CLXRXAmerican Funds Fundamental Invs R3 RFNCX American Funds Fundamental Invs R6 RFNGXClearBridge Variable Dividend Strat I American Funds Fundamental Invs R6 RFNGXMetropolitan Ser MetLife Stock Index A Columbia Large Cap Index R5 CLXRXMFS Value A MEIAX MFS Value R6 MEIKXMet Invt Ser T. Rowe Price Lg Cp Val B MFS Value R6 MEIKXMet Invt Ser T. Rowe Price Lg Cp Val E MFS Value R6 MEIKXMetropolitan Ser MFS Value A MFS Value R6 MEIKX

Asset Allocation Asset AllocationBlackRock Global Allocation Inv A MDLOX BlackRock Global Allocation K MKLOXMetLife Multi-Index Targeted Risk B BlackRock Global Allocation K MKLOX1919 Variable Socially Responsive Bal BlackRock Global Allocation K MKLOXMetropolitan Ser Met/Wellington Bal Pt A BlackRock Global Allocation K MKLOXMetropolitan Ser MFS Total Return F BlackRock Global Allocation K MKLOXMetropolitan Ser MetLife Asst Allc 40 B BlackRock Global Allocation K MKLOXMetropolitan Ser MetLife Asst Allc 60 B BlackRock Global Allocation K MKLOXMetropolitan Ser MetLife Asst Allc 80 B BlackRock Global Allocation K MKLOX

Target Date * Target Date *Fidelity VIP Freedom® 2020 SC2 T. Rowe Price Retirement I 2020 I TRBRXFidelity VIP Freedom® 2030 SC2 T. Rowe Price Retirement I 2030 I TRPCXFidelity VIP Freedom® 2050 SC2 T. Rowe Price Retirement I 2050 I TRPMXT. Rowe Price Retirement 2015 Advisor PARHX T. Rowe Price Retirement I 2015 I TRFGXT. Rowe Price Retirement 2020 Advisor PARBX T. Rowe Price Retirement I 2020 I TRBRXT. Rowe Price Retirement 2025 Advisor PARJX T. Rowe Price Retirement I 2025 I TRPHXT. Rowe Price Retirement 2030 Advisor PARCX T. Rowe Price Retirement I 2030 I TRPCXT. Rowe Price Retirement 2035 Advisor PARKX T. Rowe Price Retirement I 2035 I TRPJXT. Rowe Price Retirement 2040 Advisor PARDX T. Rowe Price Retirement I 2040 I TRPDXT. Rowe Price Retirement 2045 Advisor PARLX T. Rowe Price Retirement I 2045 I TRPKXT. Rowe Price Retirement 2050 Advisor PARFX T. Rowe Price Retirement I 2050 I TRPMXT. Rowe Price Retirement 2055 Advisor PAROX T. Rowe Price Retirement I 2055 I TRPNXT. Rowe Price Retirement 2060 Advisor TRRYX T. Rowe Price Retirement I 2060 I TRPLX

World BondTempleton Global Bond A TPINX Templeton Global Bond R6 FBNRX

Page 3 of 3



Corporate Bond Corporate BondMet Invt Ser BlackRock High Yield A Loomis Sayles Core Plus Bond N NERNXLoomis Sayles Bond Admin LBFAX Loomis Sayles Core Plus Bond N NERNXMetropolitan Ser Wstn Asset Str Bd Opp A Metropolitan West Total Return Bd Plan MWTSXMetropolitan West Total Return Bd M MWTRX Metropolitan West Total Return Bd Plan MWTSXLoomis Sayles Core Plus Bond A NEFRX Loomis Sayles Core Plus Bond N NERNXMet Invt Ser PIMCO Total Return B Metropolitan West Total Return Bd Plan MWTSXMetropolitan Ser Barclays Aggt Bd Idx A Metropolitan West Total Return Bd Plan MWTSX

Inflation-Protected Bond Inflation-Protected BondAmerican Century Infl-Adj Bond Inv ACITX American Century Infl-Adj Bond Instl AIANX

Short-Term Bond Inflation-Protected BondMetropolitan Ser BlkRk Utr-Sht TrmBdPt A American Century Infl-Adj Bond Instl AIANXMetropolitan Ser Wstn Asst Mgt US Govt A American Century Infl-Adj Bond Instl AIANX

Fixed Account & Money Market Fixed Account & Money MarketGTS FIXED ACCOUNT (TRAD TRANSFER) Fixed-Interest Option **GTS FIXED ACCOUNT (LIQUID) Fixed-Interest Option **GTS FIXED ACCOUNT (TRADITIONAL) Fixed-Interest Option **State Street Instl US Govt Mny Mkt Admin Vanguard Federal Money Market Investor VMFXX

** Policy Form GFUA-398, GFUA-12, GFUA-315 or GFA-504, a group fixed annuity issued by The Variable Annuity Life Insurance Company.

An investment in a money market fund is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

* The principal value of an investment is not guaranteed at any time including at or after the target maturity date.

Generally, higher potential returns involve greater risk and short-term volatility. For example, small-cap, mid-cap, sector and emerging funds can experience significant price fluctuation due to business risks and adverse political developments. International and global funds can experience price fluctuation due to changing market conditions, currency values, and economic and political climates. High-yield bond funds, which invest in bonds that have lower ratings, typically experience price fluctuation and a greater risk of loss of principal and income than when investing directly in U.S. government securities such as U.S. Treasury bonds and bills, which are guaranteed by the government for repayment of principal and interest if held to maturity. Fund shares are not insured and are not backed by the U.S. government, and their value and yield will vary with market conditions. Interest rates and bond prices typically move inversely to each other; therefore, as with any bond fund, the value of an investment in this fund may go up if interest rates fall, and vice versa. Mortgage-related funds' underlying mortgages are more likely to be prepaid during periods of declining interest rates, which could hurt the fund's share price or yield and may be prepaid more slowly during periods of rapidly rising interest rates, which might lengthen the fund's expected maturity. Investors should carefully assess the risks associated with an investment in the fund.

Investors should carefully consider the investment objectives, risks, fees, charges and expenses before investing. This and other important information is contained in the prospectus, which can be obtained from your financial professional or at www.valic.com/eprint. Enter your Group ID in the Login field and click Continue. You can also request a copy by calling 1-800-428-2542. Read the prospectuses carefully before investing.

Investing involves risk, including the possible loss of principal. Investment values will fluctuate and there is no assurance that the objective of any fund will be Securities and investment advisory services offered through VALIC Financial Advisors Inc., member FINRA, SIPC and an SEC-registered investment advisor.

Annuities issued by The Variable Annuity Life Insurance Company. Variable annuities distributed by its affiliate, AIG Capital Services, Inc., member FINRA.

VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.

Documents

December 27, 2016 Dear Lawrence General Hospital Employee · Outlined below is a timeline on payroll remittance dates. Your final contribution to MetLife will be the January 27, 2017