LOWER COSTS STRONGER 401(k) PLANS
J.P. Morgan Retirement LinkSM
Full-service retirement plan solution for plans with $500,000 to $100M+ in assets Help build stronger 401(k) plans with J.P. Morgan Retirement Link. Our full-service retirement plan solution offers the breadth of our investment capabilities, thought leadership and best-in-class1 service to deliver stronger 401(k) plans at lower costs.
COMPETITIVE PRICING BROAD AND PROVEN • Cost savings over similar retirement plan INVESTMENT CAPABILITIES solutions • Access to J.P. Morgan Funds’ broad platform of • Zero revenue funds (like the R6) to bring investments with $2.3+ trillion in assets2 institutional-level pricing to plan participants • J.P. Morgan QDIA solutions3 managed by a team • Flexibility to tailor recordkeeping services that seeks to deliver consistency to plan participants to plan needs and budgets across market cycles • Open architecture platform including 14,000+ funds from 200+ investment managers with no proprietary fund requirements
BEST-IN-CLASS1 SERVICE STRONGER PARTICIPANT OUTCOMES • Experienced relationship managers4 work with • Award-winning employee education communications5 financial professionals and plan sponsors to simplify address financial wellness concerns to help put plan the complex participants on a more secure retirement path • Actively sharing expertise and thought-leadership to • Robust digital and mobile experience designed to engage help empower better decisions plan participants to take positive actions • Collaborative planning process confirms annual goals and measures results
1 Chatham Partners Satisfaction Survey, 2019. When evaluating DC providers, a top 2 box rating of 85% or greater corresponds to best-in-class rating. 8 out of the top 14 DC providers are incorporated into this survey. Best-in-class rating for Overall Satisfaction, Relationship Management, Account Management, Participant Services. 2 J.P. Morgan Asset Management, data as of 12/31/20; 97% client retention ratio (as of 12/31/20) excludes uncontrollable client losses (e.g. bankruptcy, mergers & acquisitions, etc.). 3 J.P. Morgan QDIA investment solutions include balanced funds and target date fund series. 4 Relationship Managers average 26 years of industry experience; 18 years with J.P. Morgan, April 2020. There can be no assurance that the professionals currently employed by J.P. Morgan Asset Management will continue to be employed by J.P. Morgan Asset Management or that the past performance or success of any such professional serves as an indicator of such professional’s future performance or success. 5 Winner of twelve Investment Management Education Alliance Star Awards, 2014 through 2019, including Overall Retirement Communications. Winner of two 2014 Pensions & Investments’ Eddy Awards. This is a general communication being provided for informational purposes only. It is educational in nature and not designed to be a recommendation for any specific investment product, strategy, plan feature or other purposes. By receiving this communication you agree with the intended purpose described above. Any examples used in this material are generic, hypothetical and for illustration purposes only. None of J.P. Morgan Asset Management, its affiliates or representatives is suggesting that the recipient or any other person take a specific course of action or any action at all. Communications such as this are not impartial and are provided in connection with the advertising and marketing of products and services. Prior to making any investment or financial decisions, an investor should seek individualized advice from personal financial, legal, tax and other professionals that take into account all of the particular facts and circumstances of an investor’s own situation. AVAILABLE PRODUCT FEATURES SMALL-TO-MID MICRO
TARGET MARKET $5 million to $100+ million $500,000 to $5 million in 401(k) plan assets in 401(k) plan assets PLAN TYPES • 401(k) yes yes • 401(a) yes yes • Non qualified deferred compensation yes6 no
DEDICATED RELATIONSHIP AND ADMINISTRATIVE ACCOUNT MANAGERS • Facilitated planning with financial professionals and plan sponsor yes yes to confirm annual goals and measure results
DEDICATED IMPLEMENTATION MANAGER yes yes
MEETINGS • Annual business planning meeting 1 in-person 1 phone-based • Plan Participant education Available à la carte via Available à la carte via in-person or webcast in-person or webcast
J.P. MORGAN INSIGHTS • Market, investment and retirement information yes yes • Re-enrollment fully supported fully supported • Auto features fully supported fully supported
INVESTMENT OFFERINGS • Open architecture 14,000 funds from 200+ 14,000 funds from 200+ investment managers investment managers • Proprietary fund recordkeeping offset yes yes • Managed accounts, guidance and advice7 yes yes • Self-directed brokerage account yes yes • Recordkeeping services for publicly traded company stock yes yes (pre-approval required)
FIDUCIARY TOOLS • Annual business plan yes yes • Quarterly investment and plan review yes yes • 3(21) and 3(38) fiduciary services solutions8 yes yes • Plan expense management yes yes
PLAN SPONSOR SERVICES • Plan Service Center website yes yes • Payroll services yes yes • Online and on-demand plan analytics yes yes • Streamlined administrative support to ease administrative burden yes yes including: print and mail plan participant notices9, eligibility tracking, beneficiary recordkeeping and distribution and loan support services
PLAN PARTICIPANT SERVICES • Multi-touch, multi-channel participant communications program yes yes • Retirement income projections on web yes yes • Participant service center yes yes — Website, Mobile Application, Voice Response System and call center • Foreign language support yes yes
6 Suited to accompany larger defined contribution plans; non qualified deferred not acting in the capacity of adviser to individual investors. Morningstar Investment compensation plan must already exist (e.g. non start-up). Management LLC is not affiliated with J.P. Morgan or its subsidiaries and affiliates. The 7 Participant Advisory Services is offered by Advised Assets Group, LLC (AAG), a federally Morningstar name and logo are registered marks of Morningstar, Inc. registered investment adviser. More information can be found at www.adviserinfo.sec. 9 Annual print and mail services for participant regulatory notices excluding notices at gov. All rights reserved. JPMorgan Invest Holdings, LLC is not affiliated with Advised implementation and fund change notices. Requires adoption of certain services. Includes Assets Group, LLC. Safe Harbor, QACA, ACA, EACA, QDIA, 404(a)(5). Includes the creation of Fund Change 8 The 3(21) and 3(38) Fiduciary Services solutions are provided by Morningstar Investment notices and Sarbanes-Oxley (SOX) notices but not the distribution of stated notices. Management LLC and are available through J.P. Morgan Retirement Link. Morningstar Summary Plan Description (SPD), Summary of Material Modification (SMM) and Investment Management LLC is a registered investment adviser and subsidiary of Summary Annual Review (SAR) mailings not included. Safe Harbor notice mailing not Morningstar, Inc. Morningstar Investment Management LLC acts as a fiduciary under included if using a third party plan document. SAR not provided if working with a ERISA Section 3(21)(A)(ii) and 3(38) with respect to the services described herein but is Third-Party Administrator (TPA). J.P. Morgan Retirement LinkSM
BEST-IN-CLASS1 SERVICE AWARD-WINNING5 DESIGNED TO SUPPORT COMMUNICATIONS AND STRONG AND LASTING CLIENTS’ NEEDS PARTICIPANT SERVICES RELATIONSHIPS
100% Overall relationship 6X AWARD WINNER for Overall 97% manager satisfaction1 Retirement Communications5 Client retention rate2
ND 25+ YEARS 10+ AWARDS Leveraging the 2 LARGEST 10 Average experience of J.P. Morgan for enrollment, education & recordkeeping system in the nation Relationship Managers4 mobile communications5
97% 63 MILLION U.S. HOUSEHOLDS Overall satisfaction with have a relationship with JPMorgan 1 participant services Chase & Co.11
Contact 844-LINK-JPM or your J.P. Morgan representative to learn more.
10 Pensions & Investments 2020 Defined Contribution Survey Ranking as of April 2020. 11 Investor Day 2020, data as of 2019. Certain recordkeeping and related services for plans may be provided on behalf of JPMorgan Invest Holdings LLC (J.P. Morgan) by Empower Retirement, LLC (Empower Retirement). Securities transactions are effected by an affiliate of Empower Retirement: GWFS Equities, Inc. (GWFS), a registered broker-dealer and member of FINRA. Representatives of GWFS are not registered investment advisors and cannot offer financial, legal or tax advice. GWFS and Empower Retirement are independent entities and are not affiliated with J.P. Morgan. If retirement brokerages services are available in the Plan, those services are offered by Charles Schwab & Co, Inc. (Schwab). Schwab receives fees for providing these services and is not affiliated with J.P. Morgan, Empower Retirement or GWFS. Telephone calls and electronic communications may be monitored and/or recorded. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our privacy policies at https://www.jpmorgan.com/privacy. If you are a person with a disability and need additional support in viewing the material, please call us at 1-800-343-1113 for assistance. J.P. Morgan Asset Management is the brand name for the asset management businesses of JPMorgan Chase & Co., and its worldwide affiliates. © 2021 JPMorgan Chase & Co. All rights reserved. DC-BRG-70201 0321 BUNDLED