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Plan Investment Options: Glossary of Risk TermsFor more information on any registered fund, please call 800-755-5801 for a free summary prospectus (if available) and/or prospectus. You should consider the objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest.

How to Use this Glossary: The fund profiles that follow outline more information on the investment style, objective, strategy, and risk characteristics of each fund. The particular investment risks applicable to a fund are identified in its fund profile under "Risks." Each of the terms used under "Risks" to identify a risk is explained below in this glossary. Of course, an investment in a fund may be subject to other types of risk, and it is possible that you could lose money by investing in a fund.

Asset Allocation Fund Risk: Asset allocation funds are subject to the risks of the underlying funds in which they invest. To the extent the fund invests more of its assets in stock investments, it will be subject to greater risk than a fund investing more of its assets in bond funds.

Bond Risk: The values of bonds change in response to changes in economic conditions, interest rates, and the creditworthiness of individual issuers. The value of bonds and bond funds generally falls when interest rates rise, causing an investor to lose money upon sale or redemption. Government Bond Risk: Any U.S. government guarantees of the securities held in a fund only pertain to those securities and not the fund or its yield. High-Yield Risk: Lower-rated, high-yield corporate debt securities represent a much greater risk of default and tend to be more volatile than higher-rated or investment grade bonds. Inflation-Protected Securities Risk: Market values of inflation-protected securities can be affected by changes in the market's inflation expectations or changes in real rates of interest. Effective Duration: A measure of a bond portfolio's sensitivity to changes in interest rates.

Commodities Risk:Commodities may be speculative and more volatile than investments in more traditional equity and debt securities, and may be subject to counterparty risk, volatility risk, and leverage.

Convertible Risk: Convertible securities are generally debt obligations which may be converted into shares of common stock. The market value of convertible securities tends to decline as interest rates increase. In addition, the market value of convertible securities tends to vary with fluctuations in the market value of the underlying common stock. Convertible securities are subject to the risk that the issuer may default on its obligations.

Derivatives Risk: Investments in derivatives may subject the fund to greater volatility than investments in traditional securities.

Equity Risk: Equity funds invest in equity securities, which include common stock, preferred stock, and convertible securities. Because such securities represent ownership in a corporation, they tend to be more volatile than fixed income or debt securities, which do not represent ownership.

Foreign Risk: Foreign securities and markets pose special risks in addition to those customarily associated with domestic securities. These risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.

Growth Risk: Growth stocks may be especially volatile because their prices are largely based on the market's expectation of future earnings.

Leveraged Company Risk: Investments in the stocks of leveraged companies may be subject to additional risk, as leverage can magnify the impact of adverse issuer, political, regulatory, market, or economic developments on a company.

Money Market Risk: An investment in the money market fund, if available under the plan, is not insured or guaranteed 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.

Mortgage Securities Risk: Mortgage-backed securities are subject to prepayment risk and may be sensitive to changes in prevailing interest rates.

Non-Diversified Risk: A fund that is classified as a non-diversified investment company may be subject to greater market fluctuation.

Real Estate Risk: Real estate investing is very sensitive to changes in interest rates, and volatility may increase in a changing rate environment. The fund's strategy of concentrating in the real estate sector means that its performance will be closely tied to the

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performance of that sector. As a result, the fund may be more susceptible to factors affecting this sector and more volatile than funds that invest in many different sectors.

Portfolio Price/Earnings Ratio: Relates to the price of the stock to the prior 12-month per-share earnings of the company.

Sector Risk: The strategy of concentrating in one sector means that its performance will be closely tied to the performance of that sector. As a result, the fund may be more susceptible to factors affecting this sector and more volatile than funds that invest in many different sectors.

Short Sales Risk: This fund uses short selling, which incurs significant additional risk.

Small/Mid Cap Risk: The securities of small and medium-sized companies, because of the issuers' lower market capitalization, may be more volatile than those of large-sized companies.

Target/Retirement Date Fund Risk: Target date funds are subject to the same risks as the underlying assets in which they invest. Each fund's asset allocation becomes more conservative over time: The percentage of assets allocated to stocks will decrease, while the percentage allocated to bonds will increase, as you approach the target date. The higher the fund's allocation is to stocks, the greater the risk. The target year represents approximately when the fund's managers assume the typical investor plans to start withdrawing their money. The fund's principal value is never guaranteed, including at and after the target. You can lose money by investing in a target date fund, including near and following retirement. There is no guarantee that the fund will provide adequate retirement income.

Value Risk: Value-based investments are subject to the risk that the broad market may not recognize their intrinsic values.

Information relating to non-proprietary funds is being provided as a service by Transamerica to plans whose participants may invest in these funds, and may differ from information provided by other sources. The information contained herein: (1) is proprietary to Morningstar and/or other content providers furnishing the information; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor any other applicable content provider is responsible for any damages or losses arising from any use of this information.

Transamerica Investors Securities Corporation (TISC), 440 Mamaroneck Avenue, Harrison, NY, 10528, distributes securities products. Any mutual fund offered under the plan is distributed by that particular fund's associated fund family and its affiliated broker-dealer or other broker-dealers with effective selling agreements such as TISC. Bank collective trusts funds, if offered under the plan, are not insured by the FDIC, the Federal Reserve Bank or any other government agency and are not registered with the Securities and Exchange Commission. Group annuity contracts, if offered under the plan, are made available through the applicable insurance company. Any guarantee of principal and/or interest under a group annuity contract is subject to the claims-paying ability of the applicable insurer. Certain investment options made available under the plan may be offered through affiliates of Transamerica Retirement Solutions Corporation (Transamerica) and TISC. These may include: (1) the Transamerica Funds (registered mutual funds distributed by Transamerica Capital, Inc. (TCI) and advised by Transamerica Asset Management, Inc. (TAM)); (2) the Diversified Investment Advisors Collective Trust, a collective trust fund of Massachusetts Fidelity Trust Company (MFTC) (includes the Stable Pooled Fund); (3) group annuity contracts issued by Transamerica Financial Life Insurance Company (TFLIC), 440 Mamaroneck Avenue, Harrison, NY 10528 (includes the Stable Fund, the Fixed Fund, the Guaranteed Pooled Fund, and SecurePath for Life); and (4) group annuity contracts issued by Transamerica Life Insurance Company (TLIC), 4333 Edgewood Road NE, Cedar Rapids, IA 52499 (includes SecurePath for Life). Your employer has selected Transamerica as your retirement plan provider, but there are no other affiliations between your employer and Transamerica, TISC, TCI, TAM, MFTC, TFLIC, or TLIC.

PT 9212 (4/13)