Colonna`s Shipyard, Inc. has chosen Transamerica Retirement

outlook
Information ahead
• About Transamerica
• Transition details
• Fund information
• After the transition
• W
here to go for more
information
Your retirement plan
transition—what you
need to know
Colonna’s Shipyard, Inc. has chosen
Transamerica Retirement Solutions as your
new retirement plan service provider.
It takes planning to achieve your retirement goals. A sunnier retirement
outlook can be yours—if you stay proactive and do your best to save as
much as you can. Transamerica, your new plan service provider, has the
tools and resources to help you get retirement ready.
Here’s what you need to know.
About Transamerica
After careful research, your employer chose Transamerica to become your plan’s new service
provider starting April 1, 2013.
Transamerica is a full-service retirement plan provider who has worked with retirement plans for
more than 75 years, helping people save and invest wisely through their employer-sponsored plans.
Today, over three million employees working for organizations across America invest their retirement
assets through us. No matter what kind of investor you are, we can simplify your retirement planning
with the expertise and resources you need to achieve a brighter retirement outlook.
Transition details
When does my plan move to Transamerica?
Plan assets and records will transfer to Transamerica on April 1, 2013. Your first contribution to
your new Transamerica account will be taken from the March 29th paycheck.
How will the transition work?
The transition to Transamerica will be as easy as possible for you, and you’ll continue saving for
retirement without interruption. Your current savings rate, assets, and any outstanding loans will
all automatically transfer to Transamerica, and your investment allocations will be “mapped” to
appropriate replacements.
Colonna’s Shipyard, Inc.
Retirement Plan
Can I access my account during the transition?
No. To ensure that plan assets and records transfer accurately and in a timely manner, there will
be a “blackout period” during which you will not be able to access either your current account with
American Funds Plan Premier or your new one with Transamerica. You will also be unable to initiate
any transactions such as investment transfers, withdrawals, or loans. For this reason, you should
carefully review the appropriateness, balance, and diversification of your investments since you
won’t be able to make changes to your account during the blackout period.
The blackout period will start at 4 p.m. ET on March 21, 2013, and it is expected to be over the
week ending April 26, 2013. During this time, your account at American Funds Plan Premier will be
liquidated on March 28, 2013, and then transferred to Transamerica on April 1, 2013. While this
means that your account will not be invested on the day it transfers to Transamerica, it will remain
fully invested the remainder of the time, and you will continue to be credited with any investment
gains (and debited with any losses) that may apply.
Designate a new beneficiary.
The beneficiary election you made at American Funds Plan Premier will not
transfer to Transamerica. Because it’s important to distribute your account
the way you choose in the event of your death, you should designate a new
beneficiary with Transamerica. To do so, sign in at colonnaship.trsretire.com
when the transition is over or visit the Human Resources Department. You
might need spousal consent if you have designated a primary beneficiary
other than your spouse.
What if I receive recurring payments from the plan?
American Funds Plan Premier will provide Transamerica with your payment information, and your
payments will continue once the transition is complete. If you are scheduled to receive a payment
during the blackout period, Transamerica will send it after the blackout period ends. If you need to
receive it sooner, contact American Funds Plan Premier before 4 p.m. ET on March 21, 2013.
Your transition timeline
4 p.m. ET on March 21, 2013
Blackout period begins.
April 1, 2013
Blackout period continues.
The week ending April 26, 2013
Blackout period ends.
Account access will no longer
be available with
American Funds Plan Premier.
Plan assets are transferred
to Transamerica.
Account access begins
at Transamerica.
Visit colonnaship.trsretire.com
to access your new account.
Fund information
Will my funds change?
Your employer has chosen to revise your plan’s fund lineup. If you invest in any of the funds being
replaced, those assets and ongoing contributions will be automatically transferred to the appropriate
replacements, which are similar to the original funds in their investment objectives and composition.
You should have already received a notice with more details about this process. If you’d like another
copy, visit colonnaship.trsretire.com or visit the Human Resources Department.
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outlook
Your retirement plan
transition—what you
need to know
After the transition
When can I access my account?
The blackout period and transition should be over the week ending April 26, 2013. At that time you
can start managing your account at colonnaship.trsretire.com.
Will I receive account statements?
Yes. You will receive statements from both Transamerica and American Funds Plan Premier to
confirm that the transition is complete. Transamerica will then send you an account activity
statement each quarter. Also, you can save paper by signing up for e-documents: automatic email
alerts when your statements and other account-related materials are available online. Sign up for
e-documents by accessing your account at colonnaship.trsretire.com.
Things to do after the transition
1. Designate a new beneficiary.
2. Check your retirement outlook.
3. Make sure you’re saving enough (and save more if you can).
4. Review your investing strategy.
Once the transition is over, sign in at colonnaship.trsretire.com to review your retirement
outlook and see if you’re on track toward meeting your retirement savings goals. And if you’re
not? Transamerica has the tools and services to help you get there.
Where to go for more information
Before the blackout period begins at 4 p.m. ET on March 21, 2013
No action is required at American Funds Plan Premier, but you can
contact them to check your account balance and make any changes
before the transition.
myretirement.americanfunds.com
800-204-3731
Before and during the blackout period
For information about the transition only (no information is available
about your account yet).
colonnaship.trsretire.com
After the transition is over the week ending April 26, 2013
colonnaship.trsretire.com
800-755-5801
Check your balance, manage your account, initiate
transactions, and more.
Meet with Transamerica
To learn more about Transamerica and how we can help you meet your retirement savings
goals, please attend an upcoming educational meeting. You’ll receive a complete schedule
soon. Former employees can call Transamerica after the transition is over at 800-755-5801.
Securities offered by Transamerica Investors Security Corporation (TISC), 440 Mamaroneck Avenue, Harrison, N.Y. 10528.
Colonna’s Shipyard, Inc. has selected Transamerica Retirement Solutions as your retirement plan provider, but there
are no other affiliations between Colonna’s Shipyard, Inc. and Transamerica or its affiliate, TISC.
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PT-5542-Map-Colonna’s Shipyard, Inc. (01/13) © 2013 Transamerica Retirement Solutions Corporation
outlook
Your retirement plan
transition—what you
need to know
News about your retirement plan’s
move to Transamerica
Colonna’s Shipyard, Inc.
Retirement Plan