Fee Structure: A B C F
Age-Based Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Age-Based Aggressive
Ages 0-224.8324.8310.95n/a10.469/28/16--1.37
Ages 3-523.0523.0510.21n/a9.809/28/16--1.36
Ages 6-820.8720.879.34n/a9.039/28/16--1.38
Ages 9-1018.8118.818.31n/a7.929/28/16--1.39
Ages 11-1217.0217.027.60n/a7.279/28/16--1.39
Ages 13-1415.5315.537.04n/a6.699/28/16--1.38
Ages 15-1613.2413.245.97n/a5.639/28/16--1.39
Ages 17-1811.0111.014.97n/a4.669/28/16--1.37
Ages 19+8.658.653.98n/a3.719/28/16--1.33
Age-Based Moderate
Ages 0-223.0523.0510.21n/a9.809/28/16--1.36
Ages 3-520.8720.879.34n/a9.039/28/16--1.38
Ages 6-818.8118.818.31n/a7.929/28/16--1.39
Ages 9-1017.0217.027.60n/a7.279/28/16--1.39
Ages 11-1215.5315.537.04n/a6.699/28/16--1.38
Ages 13-1413.2413.245.97n/a5.639/28/16--1.39
Ages 15-1611.0111.014.97n/a4.669/28/16--1.37
Ages 17-188.658.653.98n/a3.719/28/16--1.33
Ages 19+6.156.152.89n/a2.599/28/16--1.27
Age-Based Conservative
Ages 0-220.8720.879.34n/a9.039/28/16--1.38
Ages 3-518.8118.818.31n/a7.929/28/16--1.39
Ages 6-817.0217.027.60n/a7.279/28/16--1.39
Ages 9-1015.5315.537.04n/a6.699/28/16--1.38
Ages 11-1213.2413.245.97n/a5.639/28/16--1.39
Ages 13-1411.0111.014.97n/a4.669/28/16--1.37
Ages 15-168.658.653.98n/a3.719/28/16--1.33
Ages 17-186.156.152.89n/a2.599/28/16--1.27
Ages 19+2.792.791.25n/a1.009/28/16--1.18
Target Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Target Fund 10024.8324.8310.957.519.568/2/10--1.37
Target Fund 8020.8720.879.346.538.218/2/10--1.38
Target Fund 6017.0217.027.605.376.758/2/10--1.39
Target Fund 4013.2413.245.974.305.358/2/10--1.39
Target Fund 208.658.653.982.953.608/2/10--1.33
Target Fixed Income Fund2.792.791.250.730.708/2/10--1.18
Individual Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Money Market 529 Portfolio
State Street U.S. Government Money Market 529 Portfolio*1.841.841.25n/a1.107/27/16--0.42
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio1.881.881.291.200.868/2/10--1.43
Northern Funds Bond Index 529 Portfolio7.717.712.991.972.218/2/10--1.05
Fidelity Advisor Investment Grade Bond 529 Portfolio8.658.653.362.341.8710/10/12--1.40
MainStay MacKay Total Return Bond 529 Portfolio8.418.413.262.252.3112/17/14--1.50
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio4.094.091.170.950.309/26/13--1.27
BlackRock Inflation Protected Bond 529 Portfolio7.287.282.121.291.768/2/10--1.29
Touchstone High Yield 529 Portfolio13.5813.585.043.963.8410/10/12--1.62
Templeton International Bond 529 Portfolio1.501.501.450.700.2510/10/12--1.73
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio19.8819.889.826.768.268/2/10--1.36
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolion/an/an/an/a8.804/9/19--1.08
Principal Global Real Estate Securities 529 Portfolion/an/an/an/a8.2011/25/14--1.78
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolio24.3224.32n/an/a4.592/6/18--1.17
Northern Funds Stock Index 529 Portfolio30.2130.2114.1110.5713.068/2/10--1.00
American Century Equity Growth 529 Portfolio27.5027.5012.798.2812.178/2/10--1.37
T. Rowe Price Large-Cap Growth 529 Portfolio27.3327.3321.5914.8616.168/2/10--1.46
Northern Funds Mid Cap Index 529 Portfolio24.8424.848.087.8511.508/2/10--1.06
William Blair Small Cap Value 529 Portfolio19.4319.432.134.578.578/2/10--2.15
Northern Funds Small Cap Index 529 Portfolio24.1224.127.477.1110.748/2/10--1.05
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio31.7831.7813.83n/a13.769/28/16--1.56
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio20.8820.888.654.784.948/2/10--1.15
Neuberger Berman International Select 529 Portfolio25.3825.3810.215.465.438/2/10--1.70
DFA International Small Company 529 Portfolio23.1123.118.216.887.9810/10/12--1.43
Vanguard Emerging Markets Select Stock 529 Portfolion/an/an/an/a4.304/9/19--1.84
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio 6.136.13-2.14-4.92-8.2410/10/12--1.68