TIAA Qualified Default Investment Alternative (QDIA) Annual Notice

Important Information
You are receiving this Annual Notice to inform you of how your contributions under the plan(s) for The College of Wooster may be invested and how such contributions will continue to be invested if you have not provided complete instructions.

How Will Your Contributions Be Invested
You may have a balance or current contributions under the plan(s) listed below for The College of
Wooster that are invested in the default investment option(s). If you are participating in the plan
but did not make an election choice, you were automatically defaulted into the plan’s default
investment option(s). Your contributions will continue to be invested in the designated option(s)
unless you provide complete investment instructions. Please disregard this notice if you already
provided or updated your investment instructions.

Plan Name:
The College of Wooster Defined Contribution Plan

Default Investment Option:
TIAA-CREF Lifecycle Funds

How You Can Change the Way Your Contributions are Being Invested:
You have the right to change the investment allocation of your account at any time. You can elect
to direct the investment of your existing balances and future contributions to any of the plan’s
available investment options. This includes being able to transfer out of the plan’s designated
default option(s) to another investment option available in the plan. If you have been defaulted
into the designated default option(s) and you do not provide complete investment instructions, your
contributions and existing balance will continue to be invested in the designated option(s).

To change how your account is invested among the plan’s offered investment choices, you can contact
TIAA at 800-842-2252 or access your account online at TIAA.org/Wooster.

Please Note the Following:
The enclosed Fact Sheet provides information about the TIAA-CREF Lifecycle Funds – including the
investment objectives and strategy, fund/account performance, risk and return characteristics, and
fees and expenses. You can also learn more about the TIAA-CREF Lifecycle Funds by visiting
TIAA.org/Wooster.

Distributions from tax-deferred plans before age 59½, severance from employment, death, or
disability may be prohibited, limited, and/or subject to substantial tax penalties. Different
restrictions may apply to other types of plans.

How to Contact Us
If you have questions or would like to obtain updated information on fees and expenses, a more
detailed explanation of the default option(s), or more information about the other investment
options available under the plan, please visit TIAA.org/Wooster or contact TIAA at 800-842-2252.
Consultants are available
8am to 10pm ET.