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There is a new tab on the homepage of your web site. All of the communication for the important enhancements coming to your DAP 401(k) Plan this fall will be available here! The updates we’re making are the result of a comprehensive review by our investment consultant and the DAP Board of Directors. We will, of course, continue to offer participants our very popular DAP Stable Value Option and the four Model Portfolios. The enhancements will provide a simplified fund selection, broad solutions for all types of investors, and maximize cost effectiveness for affordability.

Your first quarter Heads Up newsletter was posted to this page already. It introduced you to the enhancements with a letter from the Chairman of the Board. You will receive the second quarter Heads Up newsletter the week of July 20th. This newsletter will outline what is happening, when, and describe the new fund lineup. You will receive a detailed brochure in August that will review the information covered in your Heads Up newsletters. It will also provide information describing how your investments and contributions will be mapped to the new funds (does not apply to the Stable Value Option, the Model Portfolios or the Brokerage Option). You will learn how to take action if you want to change your investments prior to the fund changes. This brochure will also highlight key dates for certain transactions prior to the quiet periods. We will also mail you a reminder in September. Again, all of these mailings will be posted under this new tab named “DAP Enhancements”.

I look forward to sharing more detailed information with you this summer about these exciting updates!

Michelle Silberberg
The Directed Account Plan
Executive Director

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