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Asset Class: Target-Date Funds

Q3: September 30, 2013

Trademark Capital 2050 Fund ClassTarget R4 Trademark Capital Retirement 2050 Fund R4 Growth of $10,000 Class R4 Shares 05/31/2007 - 9/30/2013 Fund Description

The Trademark Capital Target Retirement 2050 Fund seeks a moderate level of total return and the preservation of purchasing power of accumulated assets prior to and beyond the target retirement date. The Trademark Capital Target Date Series are collective investment funds (“CIFs”) created by the TOP 10 HOLDINGS Hand Composite Employee Benefit Trust and sponsored by Hand Benefits & Trust Company, a BPAS company, that invest in the strategies of Trademark VOO 1) Vanguard S&P as 500 6) Vanguard Small Cap ETF VB Capital which serves theETF sub-advisor to the CIFs.

VEA 7) Vanguard Total BND asset mix The Trademark/Wilshire glideBond pathMarket designIdx adjusts the broadly diversified on a quarterly basis, gradually moving toward a more conservative allocation VO 8) SPDR Barclays High Yield Bond ETF JNK up to and “through” retirement to life expectancy. This approach takes into account investor behavior VNQ both Local Currency 9) Market assumptions before Vectors and afterEmerging the targetMkts retirement date, whichEMLC.K are used to create the slopeVWO of the glide Barclays path. Bank PLC 10) DJP

2) Vanguard FTSE Developed Markets ETF

Trademark Capital 3) Vanguard Mid Cap ETF Portfolio Management Team Joseph Ezernack, MBA 4) Vanguard REIT ETF CEO & Chief Investment Officer

5) Vanguard FTSE Emerging Markets ETF

Don Beasley Managing Director

Allocation

FUND FACTS

80%

CUSIP The asset allocation and glide path strategy is powered by Wilshire Fund Expense RatioAssociates. Investment selection, management and downside protection Weighted AveragebyETF overlay is managed Trademark Capital.

Total Expense Ratio*

Advisor Benchmark

Trademark Capital

Q3:

R4

Alpha

410235253 60%

V

Beta

o

Risk Management Overlay expands in adverse market conditions

l a

2

$13,000

t i l i t y

0.99% 7 40%

R

0.11%20% $11,000

Risk Management Standard DeviationOverlay

$12,000

M

Sharpe Ratio

a

n a

0.96 g

30

35

40

45

e

m

e

55

50

60

65

$11,494.04

16.47% n t

Retirement Age

Portfolio Turnover Morningstar Target Date 2050$8,000 TR 25 Annual 30 35 40 45 50 25

-2.72% 0.92

contracts under positive market conditions

$10,000

9 1.10% ($11.00 per $1,000 invested) 0% $9,000 $7,000

Risk Management Overlay

Fixed Income

FUND DATA1

100%

Share Class

Investment Approach

Equity

70

0.00

75

$11,251.69

24%8 0

Maturity Age

80

*The fund expense ratio has 44 bps of service fees payable to the plan’s service Inception Date 2/1/2011 $6,000 Trademark Capital Management, is a expense ratio and the weighted providers. The2013 total expense ratio includesInc. the fund September 30, Young Savers Mature Accumulators Near-Retirement Transitioners In-Retirement Harvesters 1 federally registered investment advisor with a team $5,000 average ETF expense. (34 and younger) (35-49) (50-65) (65+) Fund vs. the S&P 500

85

Age

)

)

)

2007-05 2007-07 2007-09 2007-11 2008-01 2008-03 2008-05 2008-07 2008-09 2008-11 2009-01 2009-03 2009-05 2009-07 2009-09 2009-11 2010-01 2010-03 2010-05 2010-07 2010-09 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09

rademarkofCapital 2050 and Fund Class R4 professionals. For experienced credentialed $4,000 The Risk Management Overlay, can reduce exposure to the “equity” glide path during twoClass decades, Trademark Capital has- 9/30/2013 been rowth ofnearly $10,000 R4 Shares 05/31/2007

periods of elevated market risk. While the level of the Risk Management Overlay is lower steadfast in holding true to its core principles: CALENDAR YEAR RETURNS TOP 10 HOLDINGS for younger investors, the pre-determined maximum levels of protection increase up to and putting client’s interest first and delivering VOO Vanguard S&P 500 ETF 6) Vanguard Small Cap ETF VB 2040 Trademark Fund R4 Morningstar Target Date 2040 goal-oriented solutions. The Trademark Capital “through” retirement. Q3: September 30, 2013 QTD VEA Vanguard FTSE Developed Markets ETF 7) Vanguard Total Bond Market Idx BND investment philosophy centers on the idea of At age 65, the target retirement date, the maximum equity exposure is 55%. At age 85, the target maturity date, the maximum equity VO Yield Bond ETF Capital 2050 Vanguard Mid Cap ETF 8) SPDR Barclays HighTrademark JNKFund Class R4 exposure is 15%, which represents the lowest allocation to equities along the glide path. “winning by not losing.” 6.75% 1 Trademark Capital 2050 Fund Class R4

) Vanguard REIT ETF

VNQ

9) Market Vectors Emerging Mkts Local Currency

) Vanguard FTSE Emerging Markets ETF

VWO

10) Barclays Bank PLC

USIP

Glide Path Consultant

1

FUND FACTS

Wilshire Associates

R4

410235253

FUND$13,000 DATA Alpha Beta

Founded in 1972, Wilshire Associates (“Wilshire®”), 0.99% R2 2) a leading global independent investment consulting eighted Average ETF 0.11% Standard Deviation and services firm, has more than four decades of 3) Sharpe Ratio otal Expense Ratio* ($11.00 per $1,000 invested) 1.10% experience providing risk analytics, investment 4) Portfolio Turnover enchmark Morningstar Target Date 2050 TR consulting, and investment solutions toAnnual institutional he fund expense ratio has 44 bps of service fees payable to the plan’s service Inception Date 5) viders. The total investors expense ratio includes the fund expense ratio and the serves weighted in excess of 500 worldwide. Wilshire erage ETF expense. organizations in 20 countries representing assets totaling approximately US $7 trillion.*

und Expense Ratio

Hand Benefits & Trust Company Hand Benefits & Trust Company (HB&T), a BPAS company, is a state-chartered trust company serving the retirement industry since 1963. HB&T, headquartered in Houston, is regulated by the Texas Department of Banking and is one of the country’s largest full service trust companies dedicated to retirement plans.

*Assets are as of December 31, 2011, based on data published in the December 24, 2012 issue of Pensions and Investments.

VOO

0.92

VEA

Vanguard FTSE Developed0.96 Markets ETF $10,000 $9,000 Vanguard Mid Cap ETF

16.47%

$8,000

0.00

$7,000

24%

Vanguard REIT ETF

VO

2/1/2011 Vanguard Markets ETF $6,000 FTSE Emerging

$5,000 $4,000

Share Class

Trustee

TOP 10 HOLDINGS

-2.72%

$12,000

1) Vanguard S&P 500 ETF $11,000

1

CALENDAR Small CapYEAR ETF 6) Vanguard

6.87%

$11,568.39

7) Vanguard Total Bond Market Idx

BND 12/31/2007 12/

ETF 8) SPDR Barclays High Yield Bond$10,440.54

Trademark Capital 2050 Fund Class R4

0.00%

Growth of $10,000

$10,000

VNQ

9) Market Vectors Emerging Mkts Local Currency

VWO

10) Barclays Bank PLC

Morningstar Target Date 2050 TR 1 0.00% FUND DATA CALENDAR YEAR RETURNS (%) - CLASS R4 SHARES $10,000 Growth of $10,000 R4 Alpha Inception to

Fund vs. the S&P 500

FUND FACTS

QTD

CUSIP Trademark Capital 2050 Fund Class R4

YTD

410235253 12.47%

6.75%

Trademark Fund R4 Fund Expense Ratio Target2050 0.99% 6.87% Morningstar Date 2050 TR Weighted Average ETF

14.99%

0.11%

1 Year

Beta 15.69%

3 Year

5 Year

9.62%

5.79%

Target 2050 17.57% 11.45% Date 8.37% RMorningstar 2

12/31/2007 ($11.00 per $1,000 invested)

0.00% -33.26% Trademark Capital 2050 Fund Class R4Target Benchmark Morningstar Date 2050 TR $10,000 of $10,000 *The fund expense ratio has 44Growth bps of service fees payable to the plan’s $9,614 service providers. The total expense ratio includes the2050 fund expense ratio and the weighted 0.00% -38.81% Morningstar Target Date TR average ETF expense. Growth of $10,000

$10,000

$9,856

$6,416

$7,760

Inception Date

$

DJ

-3

$

-2.72%

0.9

0.9

16.47%

12/31/2011 12/31/2012

20.94% 10.71% Annual Portfolio Turnover-5.77%

-3

EMLC.

2.33%

Standard Deviation

Ratio12/31/2010 1.10% 12/31/2008 Sharpe 12/31/2009

JN

Date 0.68%

CALENDAR YEAR HYPOTHETICAL & ACTUAL RESULTS ($) 5/31/07 - 12/31/12

Total Expense Ratio*

1

HYPOTHETICAL &V

2007-05 2007-07 2007-09 2007-11 2008-01 2008-03 2008-05 2008-07 2008-09 2008-11 2009-01 2009-03 2009-05 2009-07 2009-09 2009-11 2010-01 2010-03 2010-05 2010-07 2010-09 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09

hare Class

EMLC.K

Growth of $10,000 Class - 9/30/2013 DJP R4 Shares 05/31/2007 Morningstar Target Date 2050 TR

14.66%

$8,591

$8,096

0.0

24%

2/1/201

31.87%

14.43%

-4.08%

15.25%

$6,030

$7,952

$9,100

$8,728Fund vs. the S&P 50

1

Illustrates a $10,000 investment made on 5/31/2007 with no additional deposits. Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results. Hypothetical, CALEND back-tested performance information for the Fund is for illustrative purposes only and does not represent actual Fund performance. Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made that the Fund will achieve performance similar to that shown. The hypothetical performance does not reflect brokerage fees but is net of stated Fund expenses.

Trademark Capital 2050 Fund C

Morningstar Target Date 2


000 invested)

1.10%

0.00

arget Date 2050 TR

Annual Portfolio Turnover

yable to the plan’s service nse ratio and the weighted

Inception Date

24% 2/1/2011

vs. the S&P 500 Trademark Capital Target Fund Retirement 2050 Fund R4 1

CALENDAR YEAR RETURNS (%) - CLASS R4 SHARES QTD

YTD

1 Year

3 Year

5 Year

Trademark Capital 2050 Fund Class R4

6.75%

12.47%

15.69%

9.62%

5.79%

Inception to Date 0.68%

Morningstar Target Date 2050 TR

6.87%

14.99%

17.57%

11.45%

8.37%

2.33%

Past Performance is no guarantee of future results and theCALENDAR actual performance the benchmark and the may beRESULTS lower or higher the hypothetical past performance shown above. Fund returns are YEARof HYPOTHETICAL & Fund ACTUAL ($) than 5/31/07 - 12/31/12 calculated net of fees. Fund returns are compared to the Morningstar Target Date 2050. Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results. Date prior to actual inception is representative of the manager’s performance of a like strategy. Inception date used in 12/31/2009 the hypothetical return is May 31, 2007. 12/31/2012 12/31/2007 12/31/2008 12/31/2010 12/31/2011

Trademark Capital Target Retirement 2050

Trademark Capital 2050 Fund Class R4

Target and Actual Allocation

Growth of $10,000

0.00%

-33.26%

20.94%

10.71%

-5.77%

14.66%

$10,000

$9,614

$6,416

$7,760

$8,591

$8,096

9/30/2013 Target -38.81% Allocation 31.87% 14.43%

0.00% Target Date 2050 TR The actual allocation of the fund may differMorningstar from the target allocation depending on the current position of the Risk Growth of $10,000 Other $10,000 Bonds 5% Management Overlay.

$9,856

A one-step, broadly diversified, ‘managed for you’ solution that adjusts to an investors age, as well as, changes in the financial markets. A winning combination - Combining Wilshire’s glide path expertise with a proprietary downside protection strategy that has been used in client accounts since 1991. A balanced approach - The management style not only balances risk with return, but also seeks to improve performance per unit of risk over traditional “diversified” portfolios. A great value - The underlying securities are exchangetraded funds (ETFs) resulting in significant cost savings.

$7,952

$9,100

Int'l Stocks 36%

Int'l Stocks 36% US Stocks 50%

Q3: September 30, 2013 Trademark Capital 2050 Fund Class R4

Growth of $10,000 Class R4 Shares 05/31/2007 - 9/30/2013 TOP 10 HOLDINGS 1) Vanguard S&P 500 ETF

VOO

6) Vanguard Small Cap ETF

2) Vanguard FTSE Developed Markets ETF

VEA

7) Vanguard Total Bond Market Idx

VO

3) Vanguard Mid Cap ETF

Trademark Capital Target Retirement Fund

Before 1949

2010

1950-1959

2020

1960-1969

2030

1970-1979

2040

After 1980

2050

VB BND

8) SPDR Barclays High Yield Bond ETF

JNK

4) Vanguard REIT ETF

VNQ

9) Market Vectors Emerging Mkts Local Currency

5) Vanguard FTSE Emerging Markets ETF

VWO

10) Barclays Bank PLC

R4 410235253

Alpha

0.99%

R2

Weighted Average ETF

0.11%

Standard Deviation

Benchmark

($11.00 per $1,000 invested)

1.10%

Morningstar Target Date 2050 TR

*The fund expense ratio has 44 bps of service fees payable to the plan’s service providers. The total expense ratio includes the fund expense ratio and the weighted average ETF expense.

IMPORTANT RISK CONSIDERATIONS

The Trademark Capital Target Retirement Funds are Collective Investment Funds (CIFs) sponsored by Hand Benefit & Trust Company. The CIFs are not mutual funds and shares are not deposits of Hand Benefits & Trust, a BPAS company, or Trademark Capital Management, and are not insured by the Federal Deposit Insurance Corporation or any other agency. The CIFs are securities which have not been registered under the Securities Act of 1933 and are exempt from investment company registration under the Investment Act of 1940. As defined in the Declaration of Trust and Participation Agreement documents, the Funds are available for investment by eligible qualified retirement plan trusts only. Principal invested is not guaranteed at any time, including at or after the fund’s specific target retirement date. Participants and beneficiaries may experience losses near, at or after the target date and there is no guarantee that the investment will provide adequate retirement income. The participants and beneficiaries on whose behalf assets are invested in a QDIA have the right to direct the investment to any other investment alternative under the plan, subject to any fees or limitation that may apply to such transfer under the plan. Principal Risks - Any of the principal risks summarized below may adversely affect the Fund’s net asset value, performance and ability to meet its investment objective. Active Management: The investment is actively managed and subject to the risk that the advisor’s usage of investment techniques and risk analyses to make investment decisions fails to perform as expected, which may cause the portfolio to lose value or underperform investments with similar objectives and strategies or the market in general. Target Date: Targetdate funds, also known as lifecycle funds, shift their asset allocation to become increasingly conservative as the target retirement year approaches. Still, investment in target date funds may lose value near, at, or after the target retirement date, and there is no guarantee they will provide adequate income at retirement. Underlying Fund/Fund of Funds: A portfolio’s risks are closely associated with the risks of the securities and other investments held by the underlying or subsidiary funds, and the ability of the portfolio to meet its investment objective likewise depends on the ability of the underlying funds to meet their objectives. Investment in other funds may subject the portfolio to higher costs than owning the underlying securities directly because of their management fees. ETF: Investments in exchange-traded funds generally reflect the risks of owning the underlying securities they are designed to track, although they may be subject to greater liquidity risk and higher costs than owning the underlying securities directly because of their management fees. Shares of ETFs are subject to market trading risk, potentially trading at a premium or discount to net asset value. Suitability: Investors are expected to select investments whose investment strategies are consistent with their financial goals and risk tolerance. The target-date fund should be selected based on factors in addition to age or retirement date, including investment objectives, time horizon, risk tolerance and fees and the stated asset allocation may be subject to change. It is possible to lose money by investment in the fund including at and after the target date. The glide path methodology assumes at the target retirement age the participant or beneficiary withdraws 5% of the account value per year. The Trademark Capital Target Retirement Funds performance prior to February 1, 2011 represents hypothetical back-tested results for the funds while performance after February 1, 2011 is based on actual results. The performance results reflect the reinvestment of dividends and other account earnings, and the maximum Fund investment management fee that would have been charged by Trademark had Trademark managed the Fund during the corresponding

-2.72%

Beta

Fund Expense Ratio

Total Expense Ratio*

DJP

FUND DATA

Share Class CUSIP

EMLC.K

1

FUND FACTS

Year of Birth

Real Assets 6%

Other $8,728 Bonds 7%

Cash/TIPS 1%

The Risk Management Overlay can reduce exposure to the Cash/TIPS “equity” portion of the glide path when our model indicates 1% periods of elevated market risk. The Risk Management Overlay provides higher levels of capital protection up to and “through” retirement for the near-dated Funds [2010, 2020 and 2030], while allowing for a higher standard deviation (i.e. up/down volatility) in the longer-dated Funds [2040 & 2050]. US Stocks 51%

Key Considerations

Real $6,030 Assets 7%

9/30/2013 15.25% Actual Allocation

-4.08%

0.92 0.96 16.47%

Sharpe Ratio

0.00

Annual Portfolio Turnover

24%

Inception Date

2/1/2011 1

Fund vs. the S&P 500

CALENDAR YEAR

time period plus estimated corresponding Fund expenses (estimated at 0.90% annually), and any separate fees assessed directly by each security (mutual funds, exchange-traded funds, etc.) that comprised the portfolio. Therefore all results are net of fees. As market conditions fluctuate, the investment return and principal value of any investment will change. Diversification may not protect against market risks. There are risks involved with investing, including possible loss of principal. Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy Trademark 2050 Fund Class (including the investments purchased and/or investment strategies devised or undertaken by Trademark)Capital will be profitable.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future Morningstar Date 2050 performance will be profitable, equal the performance results reflected, or equal the corresponding historicalTarget benchmark index. The historical performance results for the benchmark does not reflect the deduction of transaction and custodial charges, or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing indicated historical performance results. Benchmarks are unmanaged and one cannot invest directly in a benchmark. The historical performance results for the benchmark is provided exclusively for comparison purposes only, so as to provide general comparative information to assist an individual client or prospective client in determining whether Trademark Funds meets, or continues to meet, his/her investment objective(s). Please Also Note: (1) performance results do not reflect the impact of taxes; (2) It should not be assumed that account holdings will correspond directly to any benchmark index; and, (3) comparative indices may be more or less volatile than the Trademark Funds. Trademark Capital 2050 Fund Class

R4 TR

CALENDAR YEAR HYPOTH

12/ R4

The performance results (5/31/07-12/31/10) reflect hypothetical, back-tested results, that were achieved by means of the retroactive Growth of $10,000 application of a back-tested portfolio and, as such, the corresponding results have inherent limitations, including: (1) Fund results do not reflect the results of actual trading using client assets, but were achieved by means of the retroactive application of each of the referenced portfolios, certain aspects of which may have been designed with the benefit of hindsight; (2) back-tested performance Morningstar Target Date 2050 TR may not reflect the impact that any material market or economic factors might have had on the adviser’s use of the hypothetical portfolio if the portfolio had been used during the period to actually mange client assets; and, (3) Trademark’s clients may have $10,000 experienced investment results during the corresponding time periods that were materially different from thoseGrowth portrayed of in the portfolio. Hypothetical performance results have been compiled solely by Trademark, are unaudited, and have not been independently verified. Trademark maintains all information supporting the performance results in accordance with regulatory requirements. Information pertaining to Trademark’s advisory operations, services, and fees is set forth in Trademark’s current disclosure statement, a copy of which is available from Trademark upon request. Performance results have been compiled solely by Trademark, are unaudited, and have not been independently verified. Trademark maintains all information supporting the performance results in accordance with regulatory requirements. Benchmark performance reflects results as reported directly by each respective index and/or obtained by Trademark from other reliable sources, and have not been independently verified by Trademark.

For more information, contact your financial advisor or call Trademark Capital at 1-800-808-8960 www.TrademarkCapital.com

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Tctr 2050 r4