# EDGAR Filing Document

**Accession Number:** 0001618629
**File Stem:** 0001193125-25-154107
**Filing Date:** 2025-7
**Character Count:** 158858
**Document Hash:** ac54dbcfd163ce8bcd7134252affbca4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-154107.hdr.sgml**: 20250701

**ACCESSION NUMBER**: 0001193125-25-154107

**CONFORMED SUBMISSION TYPE**: 497VPI

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250701

**DATE AS OF CHANGE**: 20250701

**EFFECTIVENESS DATE**: 20250701

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nationwide Jefferson National VA Separate Account 1
- **CENTRAL INDEX KEY:** 0001618629

**ORGANIZATION NAME:**
- **EIN:** 471180302

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-288440
- **FILM NUMBER:** 251097276

**BUSINESS ADDRESS:**
- **STREET 1:** 10350 ORMSBY PARK PLACE
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40223
- **BUSINESS PHONE:** 5025873809

**MAIL ADDRESS:**
- **STREET 1:** 10350 ORMSBY PARK PLACE
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Jefferson National Life of New York Annuity Account 1
- **DATE OF NAME CHANGE:** 20140904

## Series and Classes Contracts Data

### Jefferson National Life of New York Annuity Account 1 (Series ID: S000047360)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000263997 | Monument Advisor New York |  |

**Monument Advisor**<sup>®</sup> **NY**

**Individual Variable Annuity**

Issued by

**Nationwide Life Insurance Company**

through its

**Nationwide Jefferson National VA Separate Account 1**

**Summary Prospectus for New Investors**

July 1, 2025

The contracts described in this prospectus are only available in the state of New York.

This summary prospectus summarizes key features of the contract.

Before you invest, you should also review the statutory prospectus for the contract, which contains more information about the contract's features, benefits, and risks. You can find this document and other information about the contract online at https://nationwide.onlineprospectus.net/NW/C000148690NW/index.php?ctype=product_prospectus. You can also obtain this information at no cost by calling 1-866-667-0561 or by sending an email request to NAS_Service@nationwide.com.

**If you change your mind about owning the Contract, you may cancel the Contract within 10 days after receiving it (or 60 days if it is a Replacement Contract) and We will cancel the Contract. Nationwide deems this period as beginning on the date the Contract is posted to your Secure Online Account. If you elect to receive the Contract in paper, Nationwide deems this period as ending 15 days after We mail the Contract, or 60 days if it is a Replacement Contract. On the day We receive your request We will return your Contract Value. This refund amount will be the Contract Value plus the amount of fees and other charges deducted from the Contract via redemption of Accumulation Units, if applicable, such as Subscription Fees. The amount refunded will not include any underlying fund charges or Contract fees that were assessed daily as part of the Accumulation Unit value calculation during the free look period. See *Free Look* in the statutory prospectus for additional details.**

You should review the statutory prospectus, or consult with your financial professional, for additional information about the specific cancellation terms that apply.

Additional information about certain investment products, including variable annuities, has been prepared by the SEC's staff and is available at Investor.gov.

This Contract may be available through third-party financial intermediaries who charge an investment advisory fee for their services, and these fees are in addition to contract fees and expenses described in this prospectus. If the Owner elects to pay the investment advisory fees from the Contract Value, this may reduce the death benefit and other benefits under the Contract, may be subject to federal and state income taxes, and may be subject to a 10% federal tax penalty.

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**Table of Contents**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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|:---|:---|
|  | **Page** |
| **[Definitions of Special Terms](#xx_88e1078e-7fa9-4a18-85bd-00cee0f462b7_1)** | &nbsp;&nbsp; 3<br>|
| **[Important Information You Should Consider About the Contract](#xx_969a5219-049f-46d9-9b94-4c8bbd042a6e_1)** | &nbsp;&nbsp; 5<br>|
| **[Overview of the Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_1)** | &nbsp;&nbsp; 7<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Purpose of the Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_1) | &nbsp;&nbsp; 7<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Phases of the Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_1) | &nbsp;&nbsp; 7<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Contract Features](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_1) | &nbsp;&nbsp; 7<br>|
| **[Benefits Under the Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_2)** | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Standard Benefits Table](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_2) | &nbsp;&nbsp; 8<br>|
| **[Buying the Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_2)** | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Purchase Payments](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_2) | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Allocation of Purchase Payments](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_3) | &nbsp;&nbsp; 9<br>|
| **[Making Withdrawals: Accessing the Money in Your Contract](#xx_4c79fa8b-b35f-4276-ba1f-fdf02c7442b1_3)** | &nbsp;&nbsp; 9<br>|
| **[Additional Information About Fees](#xx_cd50fa61-f529-436b-ba50-96e1bbc9591f_1)** | &nbsp;&nbsp; 10<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Example](#xx_cd50fa61-f529-436b-ba50-96e1bbc9591f_1) | &nbsp;&nbsp; 10<br>|
| **[Appendix: More Information About the Investment Portfolios](#xx_15e53dac-0ad7-429a-8d9a-03cad077fefd_1)** | &nbsp;&nbsp; 12 |

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**Definitions of Special Terms**

Because of the complex nature of the Contract, We have used certain words or terms in this prospectus, which may need additional explanation. We have identified the following as some of these words or terms.

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| |
|:---|
| **Accumulation Period:** The period during which you invest money in your Contract. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Accumulation Unit:** A measurement We use to calculate the value of the variable portion of your Contract during the <br> Accumulation Period.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Advisor Fee:** Any fee charged by any Investment Advisor or financial professional you hire and processed as such by <br> the Company as a withdrawal from the Contract Value.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Annuitant(s) :** The natural person(s) on whose life (lives) We base Annuity Payments. On or after the Annuity Date, the <br> Annuitant shall also include any joint Annuitant. In the event of joint Annuitants, the life of the primary Annuitant is <br> used to determine Annuity Payments. If the Contract is owned by a non-natural Owner and joint Annuitants are <br> named, the Death Benefit Amount will be calculated upon the death of the first Annuitant to die.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Annuity Date :** The date on which Annuity Payments are to begin, as selected by you, or as required by the Contract or <br> by state or federal law. If a prior date is not selected by you, the Annuity Date is the Maximum Maturity Date. For <br> joint Annuitants all provisions are based on the age of the primary Annuitant.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Annuity Options:** Income plans which can be elected to provide periodic Annuity Payments beginning on the Annuity <br> Date.<br>|
| **Annuity Payments:** Periodic income payments provided under the terms of one of the Annuity Options. |
| **Annuity Period:** The period during which We make income payments to you. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Beneficiary :** The person(s) or entities, designated to receive any benefits under the Contract if you or, in the case of a <br> non-natural Owner, the Annuitant dies.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Business Day:** Generally, any day on which the New York Stock Exchange is open for trading. Our Business Day ends <br> at the closing of regular trading on the New York Stock Exchange. Some of the Investment Options may impose <br> earlier deadlines for trading. These deadlines are described in further detail under the heading "Transfers."<br>|
| **Code:** The Internal Revenue Code of 1986, as amended. |
| **Company :** Nationwide Life Insurance Company, also referred to as Nationwide, We, Us, and Our. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Contract :** The Monument Advisor® NY individual variable annuity contract, which provides variable investment options <br> offered by the Company.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Contract Value:** Your Contract Value is the sum of amounts held under your Contract in the various Sub-accounts of <br> the Separate Account.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Death Benefit Amount:** The Death Benefit Amount is the amount payable to the Beneficiary upon the death of the <br> Owner, or for a Contract owned by a non-natural person, the death of the Annuitant.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Free Look Period:** If you change your mind about owning the Contract, the Free Look Period is the period of time <br> within which you may cancel your Contract. This period of time is 10 days from receipt, or 60 days if it is a <br> Replacement Contract.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Investment Advisor:** A registered investment adviser, an investment adviser who is exempt from registration with the <br> Securities and Exchange Commission or other adviser selected by you to provide you asset allocation and <br> investment advisory services.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Investment Options:** The investment choices available to Owners. These choices include the Sub-accounts of the <br> Separate Account.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Investment Portfolio(s):** The variable Investment Options available under the Contract. Each Sub-account has its <br> own investment objective and is invested in the underlying Investment Portfolio.<br>|

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|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **Low Cost Fund Platform Fee:** Fee imposed by the Company on Contract Value invested in certain Sub-accounts that <br> invest in low cost Investment Portfolios. This fee is assessed daily as part of the daily Accumulation Unit value <br> calculation. See *Low Cost Fund Platform Fee* for further details, including a list of the Sub-accounts for which the <br> Company currently imposes the fee.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Maximum Maturity Date:** The date on which the Annuitant attains age 100. For joint Annuitants, all provisions which <br> are based on age are based on the age of the primary Annuitant.<br>|
| **Non-Natural Owner:** The trust or entity (*e.g.* CRT, Family Trust, Corporation, Other) that will own the Contract. |
| **Owner:** You, the purchaser of the Contract, are the Owner. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Purchase Payment:** The money you give Us to buy the Contract, as well as any additional money you give Us to <br> invest in the Contract after you own it.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Replacement Contract:** A Contract purchased with the proceeds from another contract (a contract issued by the <br> Company and/or another insurance company).<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Secure Online Account:** Your Secure Online Account is a password protected electronic account through which you <br> can access personal documents relating to your Contract, such as transaction confirmations, periodic account <br> statements and other personal correspondence. You create your Secure Online Account by going to our Website <br> after you purchase the Contract and we maintain it for you on our Website thereafter.<br>|
| **Separate Account:** Nationwide Jefferson National VA Separate Account 1, which invests in the Investment Portfolios. |
| **Sub-account :** A segment within the Separate Account which invests in a single Investment Portfolio. |
| **Subscription Fee:** $20 per month fee charged by Us to issue and administer the Contract. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Website:** https://www.nationwideadvisory.com. You may obtain information about your Contract and request certain <br> transactions through the Website.<br>|

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**Important Information You Should Consider About the Contract** 

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| | | | |
|:---|:---|:---|:---|
| **FEES AND EXPENSES**<br> (see *Additional Information About Fees* later in this summary prospectus and *Expenses* in the statutory prospectus) | **FEES AND EXPENSES**<br> (see *Additional Information About Fees* later in this summary prospectus and *Expenses* in the statutory prospectus) | **FEES AND EXPENSES**<br> (see *Additional Information About Fees* later in this summary prospectus and *Expenses* in the statutory prospectus) | **FEES AND EXPENSES**<br> (see *Additional Information About Fees* later in this summary prospectus and *Expenses* in the statutory prospectus) |
| Charges for Early <br> Withdrawals<br>|  |  |  |
| Transaction Charges | &nbsp;&nbsp; We currently do not but reserve the right to assess a Transfer Fee in the event of excessive <br> transfers (see *Transfer Fee* in the statutory prospectus). | &nbsp;&nbsp; We currently do not but reserve the right to assess a Transfer Fee in the event of excessive <br> transfers (see *Transfer Fee* in the statutory prospectus). | &nbsp;&nbsp; We currently do not but reserve the right to assess a Transfer Fee in the event of excessive <br> transfers (see *Transfer Fee* in the statutory prospectus). |
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp; The table below describes the fees and expenses that you may pay each year, depending <br> on the options chosen. Please refer to your contract specifications page for information <br> about the specific fees you will pay each year based on the options you have elected. The <br> fees and expenses do not reflect any investment advisory fees paid to financial <br> professionals from Contract Value or other assets you own; if those charges were <br> reflected, the fees and expenses would be higher. | &nbsp;&nbsp; The table below describes the fees and expenses that you may pay each year, depending <br> on the options chosen. Please refer to your contract specifications page for information <br> about the specific fees you will pay each year based on the options you have elected. The <br> fees and expenses do not reflect any investment advisory fees paid to financial <br> professionals from Contract Value or other assets you own; if those charges were <br> reflected, the fees and expenses would be higher. | &nbsp;&nbsp; The table below describes the fees and expenses that you may pay each year, depending <br> on the options chosen. Please refer to your contract specifications page for information <br> about the specific fees you will pay each year based on the options you have elected. The <br> fees and expenses do not reflect any investment advisory fees paid to financial <br> professionals from Contract Value or other assets you own; if those charges were <br> reflected, the fees and expenses would be higher. |
| Ongoing Fees and <br> Expenses (annual <br> charges) | **Annual Fee** | **Minimum** | **Maximum** |
| Ongoing Fees and <br> Expenses (annual <br> charges) | Base Contract | 0.24%<sup>1</sup> <br>| 0.24%<sup>1</sup> <br>|
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp; Investment Portfolios (underlying mutual fund <br> fees and expenses)<br>| 0.16%<sup>2</sup> <br>| 5.19%<sup>2</sup> <br>|
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp; <sup>1</sup> As a percentage of Variable Account value.<br> <sup>2</sup> As a percentage of underlying mutual fund assets. Minimum and maximum expenses <br> include the maximum Low Cost Fund Platform Fee (see *Low Cost Fund Platform Fee* in <br> the statutory prospectus). | &nbsp;&nbsp; <sup>1</sup> As a percentage of Variable Account value.<br> <sup>2</sup> As a percentage of underlying mutual fund assets. Minimum and maximum expenses <br> include the maximum Low Cost Fund Platform Fee (see *Low Cost Fund Platform Fee* in <br> the statutory prospectus). | &nbsp;&nbsp; <sup>1</sup> As a percentage of Variable Account value.<br> <sup>2</sup> As a percentage of underlying mutual fund assets. Minimum and maximum expenses <br> include the maximum Low Cost Fund Platform Fee (see *Low Cost Fund Platform Fee* in <br> the statutory prospectus). |
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp; Because each contract is customizable, the options elected affect how much each <br> Contract Owner will pay. To help you understand the cost of owning the contract, the <br> following table shows the lowest and highest cost a Contract Owner could pay each year, <br> based on current charges.  | &nbsp;&nbsp; Because each contract is customizable, the options elected affect how much each <br> Contract Owner will pay. To help you understand the cost of owning the contract, the <br> following table shows the lowest and highest cost a Contract Owner could pay each year, <br> based on current charges.  | &nbsp;&nbsp; Because each contract is customizable, the options elected affect how much each <br> Contract Owner will pay. To help you understand the cost of owning the contract, the <br> following table shows the lowest and highest cost a Contract Owner could pay each year, <br> based on current charges.  |
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp; **Lowest Annual Cost Estimate:**<br> **$351.92**<br>| &nbsp;&nbsp; **Highest Annual Cost Estimate:**<br> **$4,282.92** | &nbsp;&nbsp; **Highest Annual Cost Estimate:**<br> **$4,282.92** |
| Ongoing Fees and <br> Expenses (annual <br> charges) | &nbsp;&nbsp;&nbsp; Assumes: <br> ● Investment of $100,000 <br> ● 5% annual appreciation<br> ● Least expensive underlying mutual fund fees <br> and expenses <br> ● No additional purchase payments, transfers or <br> withdrawals<br> ● No investment advisory fees<br>| &nbsp;&nbsp;&nbsp; Assumes: <br> ● Investment of $100,000 <br> ● 5% annual appreciation <br> ● Most expensive underlying mutual <br> fund fees and expenses <br> ● No additional purchase payments, <br> transfers or withdrawals<br> ● No investment advisory fees | &nbsp;&nbsp;&nbsp; Assumes: <br> ● Investment of $100,000 <br> ● 5% annual appreciation <br> ● Most expensive underlying mutual <br> fund fees and expenses <br> ● No additional purchase payments, <br> transfers or withdrawals<br> ● No investment advisory fees |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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|:---|:---|
| **RISKS** | **RISKS** |
| Risk of Loss | &nbsp;&nbsp; Contract Owners of variable annuities can lose money by investing in the contract, <br> including loss of principal (see *Principal Risks* in the statutory prospectus). <br>|
| Not a Short-Term <br> Investment<br>| &nbsp;&nbsp; The contract is not a short-term investment and is not appropriate for an investor who <br> needs ready access to cash. We have designed the contract to offer features, pricing, and <br> investment options that encourage long-term ownership (see *Principal Risks* in the <br> statutory prospectus). <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> The benefits of tax deferral also means that the contract is more beneficial to investors <br> with a long time horizon (see *Principal Risks* in the statutory prospectus). <br>|
| Risks Associated with <br> Investment Options<br>| &nbsp;&nbsp;&nbsp; ● Investment in this contract is subject to the risk of poor investment performance of the <br> Investment Options chosen by the Contract Owner.<br> ● Each Investment Option has its own unique risks.<br> ● Review the prospectuses and disclosures for the Investment Options before making an <br> investment decision. <br> See *Principal Risks* in the statutory prospectus*.*<br>|

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|:---|:---|
| **RISKS** | **RISKS** |
| Insurance Company Risks | &nbsp;&nbsp; Investment in the contract is subject to the risks associated with Nationwide, including that <br> any obligations, guarantees, or benefits are subject to Our claims-paying ability. More <br> information about Us is available by contacting Us at the address and/or toll-free phone <br> number indicated in *Contacting Us* (see *Principal Risks* in the statutory prospectus). <br>|
| **RESTRICTIONS** | **RESTRICTIONS** |
| Investments | &nbsp;&nbsp;&nbsp; ● We reserve the right to add, remove, and substitute Investment Portfolios available <br> under the Contract (see *The Investment Portfolios* in the statutory prospectus).<br> ● Certain Investment Portfolios have early cut-off times (see *Appendix: More Information* <br> *About the Investment Portfolios*).<br> ● Transfers between Investment Portfolios are subject to policies designed to deter short-<br> term and excessively frequent transfers. Nationwide may restrict the form in which <br> transfer requests will be accepted (see *Excessive Trading Limits* in the statutory <br> prospectus).<br>|
| **TAXES** | **TAXES** |
| Tax Implications | &nbsp;&nbsp;&nbsp; ● Consult with a tax professional to determine the tax implications of an investment in and <br> payments received under this Contract.<br> ● If the Contract is purchased through a tax-qualified plan or IRA, there is no additional tax <br> deferral.<br> ● Earnings in the Contract are taxed at ordinary income tax rates at the time of <br> withdrawals and there may be a tax penalty if withdrawals are taken before the Owner <br> reaches age 59½. <br> See *Taxes* in the statutory prospectus*.*<br>|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| Investment Professional <br> Compensation<br>| &nbsp;&nbsp; Some financial professionals receive compensation for selling the contract. Compensation <br> can take the form of either investment advisory fees paid pursuant to an investment <br> advisory agreement. Alternately, compensation can take the form of commission indirect <br> compensation from revenue that We earn and may share with the financial professional's <br> firm. This conflict of interest may influence a financial professional, as these financial <br> professionals may have a financial incentive to offer or recommend this contract over <br> another investment (see *The Monument Advisor® NY Variable Annuity Contract* in the <br> statutory prospectus).<br>|
| Exchanges | &nbsp;&nbsp; Some financial professionals may have a financial incentive to offer an investor a new <br> contract in place of the one he/she already owns. An investor should only exchange his/her <br> contract if he/she determines, after comparing the features, fees, and risks of both <br> contracts, that it is preferable for him/her to purchase the new contract, rather than to <br> continue to own the existing one (see *The Monument Advisor® NY Variable Annuity* <br> *Contract* in the statutory prospectus).<br>|

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**Overview of the Contract**

**Purpose of the Contract**

The Contract is intended to be a long-term investment vehicle to assist investors in saving for and living in retirement. We have designed the contract to offer features, pricing, and Investment Options that encourage long-term ownership. The Contract can help supplement retirement income through the annuitization feature, which provides a stream of periodic income payments. During the years leading up to those income payments, you manage your assets in the Contract according your specific goals and risk preferences by directing the allocation and reallocation among a variety of Investment Options. Contract growth is tax-deferred, meaning that gains in the contract are not taxable until withdrawn from the Contract. Finally, in the event that you die before beginning income payments, the Contract offers a death benefit.

Before purchasing the Contract you should consult with a financial professional to determine whether this contract is appropriate for you, taking into consideration your particular needs, including investment objectives, risk tolerance, investment time horizon, marital status, tax situation, and other personal characteristics. Generally speaking, this Contract is intended to provide benefits to a single individual and his/her beneficiaries. The Contract is not intended to be used by institutional investors, or in connection with other Nationwide contracts that have the same Annuitant and/or Owner. It is not intended to be sold to a terminally ill Contract Owner.

If the Owner elects to pay the investment advisory fees from the Contract Value, this may reduce the death benefit and other benefits under the contract, may be subject to federal and state income taxes, and may be subject to a 10% federal tax penalty (see *Expenses, Advisor Fee Withdrawals,* and *Taxes* in the statutory prospectus).

**Phases of the Contract**

The contract exists in two separate phases: the Accumulation Period (savings) and the Annuity Period (income). During the Accumulation Period, the Contract offers a variety of Investment Options to which the Owner can allocate and reallocate his/her Contract Value. The Investment Options available under the Contract consist of Sub-accounts that invest in underlying mutual funds, which offer a variable rate of return. **Additional information about the underlying mutual funds is available in *Appendix: More Information About the Investment Portfolios*.**

During the Annuity Period, We make periodic income payments to you. Prior to the Annuity Date, you elect the duration of the Annuity Payments – either for a fixed period of time or for the duration of the Annuitant's (and possibly the joint Annuitant's) life. Annuity Payments will be fixed, meaning that the amount of each Annuity Payment will be the same. After the Annuity Date, the only value associated with the Contract is the stream of Annuity Payments; unless otherwise specified in the Annuity Option, you cannot withdraw value from the Contract over and above the Annuity Payments. Additionally, after the Annuity Date, there is no death benefit, which means that upon your death, all Annuity Payments stop and the Contract terminates, unless the particular Annuity Option provides otherwise.

**Contract Features**

**Investment Options.** Owners can allocate Contract Value to Sub-accounts that invest in underlying mutual funds. Owners can reallocate those assets at their discretion, subject to certain restrictions.

**Deposits to the Contract.** Owners can apply additional Purchase Payments to the Contract until the Annuity Date, subject to certain restrictions.

**Withdrawals from the Contract.** Owners can withdraw some or all of their Contract Value at any time prior to the Annuity Date, subject to certain restrictions. During the Annuity Period, withdrawals other than Annuity Payments are not permitted.

**Death Benefit.** During the Accumulation Period, the Contract contains a standard death benefit (return of Contract Value) at no additional charge.

**Annuity Payments.** On the Annuity Date, We will make Annuity Payments based on the Annuity Option chosen.

**Tax Deferral.** Generally, Owners will not be taxed on any earnings on the assets in the Contract until such earnings are distributed from the Contract. How each contract's distributions are taxed depends on the type of contract issued. Note that if this Contract is issued in connection with a plan that qualifies for special income tax treatment under the Code, the Contract does not provide additional tax deferral benefits (see *Taxes* in the statutory prospectus).

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**Cancellation of the Contract.** Under state insurance laws, Owners have the right, during a limited period of time, to examine their Contract and decide if they want to keep it or cancel it (see *Free Look* and *Contacting Us* in the statutory prospectus).

**Contract Owner Services.** The Contract offers several services at no additional charge to assist Owners in managing their Contract, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rebalancing Program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Dollar Cost Averaging Program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Systematic Withdrawal Program

**Benefits Under the Contract**

The following tables summarize information about the benefits under the Contract. The Standard Benefits table indicates the benefits that are available under the Contract and for which there is no additional charge.

**Standard Benefits Table** 

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Brief Description of Restrictions/Limitations** |
| Standard Death Benefit <br> (see *Death Benefit* in <br> the statutory <br> prospectus)<br>| Death benefit upon <br> death of Owner prior to <br> Annuity Period<br>| None |  |
| Rebalancing Program <br> (see *Rebalancing* <br> *Program* in the statutory <br> prospectus)<br>| Automatic reallocation <br> of assets on a <br> predetermined <br> percentage basis<br>| None |  |
| Dollar Cost Averaging <br> Program (see *Dollar* <br> *Cost Averaging* <br> *Program* in the statutory <br> prospectus)<br>| Long-term transfer <br> program involving <br> automatic transfer of <br> assets<br>| None |  |
| Systematic Withdrawal <br> Program (see <br> *Systematic Withdrawal* <br> *Program* in the statutory <br> prospectus)<br>| Automatic withdrawals <br> of Contract Value on a <br> periodic basis<br>| None |  |

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**Buying the Contract**

**Purchase Payments**

A Purchase Payment is the money you give Us to buy the Contract. You can make Purchase Payments at any time before the Annuity Date. The minimum initial Purchase Payment We will accept is $15,000. We reserve the right to issue a Contract for less than $15,000 with Our approval, subject to the terms and conditions we may require. The maximum We accept is $10,000,000 without Our prior approval and will be subject to such terms and conditions as We may require.

Nationwide reserves the right to refuse any Purchase Payment. Nationwide does not accept Purchase Payments in the form of cash, cash equivalents or checks payable in foreign currency or issued by non-U.S. financial institutions. Purchase Payments made in the form of check, wire or EFT must be drawn upon the account of a U.S. financial institution.

Subject to the maximum described above, you can make additional Purchase Payments of any amount. However, we reserve the right to impose minimums on future Purchase Payments.

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If mandated under applicable law, the Company may be required to reject a Purchase Payment. The Company also may be required to provide additional information about an Owner's account to government regulators. In addition, the Company may be required to block an Owner's account and thereby refuse to pay any request for transfers, full or partial withdrawals (including systematic withdrawals and withdrawals made to pay Advisor Fees), or death benefits until instructions are received from the appropriate regulator.

**Allocation of Purchase Payments**

You control where your Purchase Payments are invested. On the application for a Contract, you may choose to have 100% of your initial Purchase Payment invested in the money market Sub-Accounts. Alternatively, you may use a separate administrative form to select the Sub-Accounts in which to invest your initial Purchase Payment. Any subsequent or additional Purchase Payments will be allocated based on your Investment Allocation of Record. Please make sure your Investment Allocation of Record is kept current. The Company imposes a Low Cost Fund Platform Fee on Contract Value invested in certain Sub-accounts that invest in low cost Investment Portfolios. See *Low Cost Fund Platform Fee* in the statutory prospectus for further details.

Once We receive your Purchase Payment and the necessary information, We will issue your Contract and allocate your first Purchase Payment within 2 Business Days. If you do not provide Us all of the information needed, We will contact you. If for some reason We are unable to complete this process within 5 Business Days, We will either send back your money or get your permission to keep it until We get all of the necessary information. The method of payment (*e.g.*, check, wire transfer, electronic funds transfer) may affect when your Purchase Payment is received by Us. If you add more money to your Contract by making additional Purchase Payments, We will credit these amounts to your Contract as of the Business Day We receive your Purchase Payment. Our Business Day closes at the close of regular trading on the New York Stock Exchange.

**Making Withdrawals: Accessing the Money in Your Contract**

**Access To Your Money**

You can have access to the money in your Contract:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) by making a withdrawal (either a partial or a complete withdrawal);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) by electing to receive Annuity Payments; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) when a death benefit is paid to your Beneficiary.

Withdrawals can only be made during the Accumulation Period.

When you make a complete withdrawal, you will receive the Contract Value on the Business Day We receive the withdrawal request, less any pro rata Subscription Fees.

All partial withdrawals will be withdrawn from the Investment Portfolios on a pro-rata basis unless you instruct Us otherwise.

Nationwide will pay the amount of any withdrawal from the Investment Portfolios within 7 days of your request in good order unless the *Suspension of Payments or Transfers* provision described in in the statutory prospectus is in effect.

A withdrawal may result in tax consequences (including an additional 10% tax penalty under certain circumstances).

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**Additional Information About Fees**

The following tables describe the fees and expenses that an Owner will pay when buying, owning, and surrendering or making withdrawals from the Contract. Please refer to the contract specifications page for information about the specific fees the Owner will pay each year based on the options elected. The fees and expenses do not reflect any investment advisory fees paid to financial professionals from Contract Value or other assets owned by the Owner; of those charges were reflected, the fees and expenses would be higher.

The first table describes the fees and expenses an Owner will pay at the time the Owner buys the Contract, surrenders or makes withdrawals from the Contract, or transfers Contract Value between Investment Portfolios. State premium taxes may also be deducted.

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| |
|:---|
| **Transaction Expenses** |
| **Maximum Transfer Fee**<sup>1</sup><br>$25<sup>2</sup> <br>|

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The next table describes the fees and expenses that an Owner will pay each year during the time that the Owner owns the Contract (not including underlying mutual fund fees and expenses).

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| |
|:---|
| **Annual Contract Expenses** |
| **Subscription Fee** (assessed via monthly deductions)<br>$240<sup>3</sup> <br>|

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup>

All transfers made on the same day involving the same Sub-account count as one transfer. Certain restrictions apply (see *Excessive Trading Limits*).

<sup>2</sup>

Currently, We do not assess a Transfer Fee.

<sup>3</sup>

The annual Subscription Fee is assessed via a monthly deduction of $20 per month.

The next item shows the minimum and maximum total operating expenses charged by the underlying mutual funds that the Owner may pay periodically during the life of the Contract. These amounts also include the maximum applicable Low Cost Fund Platform Fees if you choose to invest in certain Investment Portfolios (see *Low Cost Fund Platform Fee*). A complete list of the underlying mutual funds available under the Contract, including their annual expenses, may be found in *Appendix A: More Information About the Investment Portfolios*.

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| | | |
|:---|:---|:---|
| **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** |
|  | **Minimum** | **Maximum** |
| (Expenses that are deducted from underlying mutual fund assets, including Low Cost <br> Fund Platform Fees and management fees, distribution and/or service (12b-1) fees, and <br> other expenses, as a percentage of average underlying mutual fund net assets.)<br>| 0.16% | 5.19% |

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**Example**

The fees and expenses do not reflect any investment advisory fees paid to financial professionals from Contract Value or other assets owned by the Owner; if those charges were reflected, the fees and expenses would be higher.

The Example assumes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a $100,000 investment in the contract for the time periods indicated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a 5% return each year;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the maximum and the minimum annual underlying mutual fund expenses.

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **If the Contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the Contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the Contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the Contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the Contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the Contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the Contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the Contract is not**<br> **surrendered** | **If the Contract is not**<br> **surrendered** | **If the Contract is not**<br> **surrendered** | **If the Contract is not**<br> **surrendered** |
|  | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** |
| &nbsp;&nbsp;&nbsp; Maximum <br> Annual<br> Underlying <br> Mutual Fund<br> Expenses<br> (5.19%)<br>| &nbsp;&nbsp; $5702<br>| &nbsp;&nbsp; $16985<br>| &nbsp;&nbsp; $28110<br>| &nbsp;&nbsp; $55248<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $16985<br>| &nbsp;&nbsp; $28110<br>| &nbsp;&nbsp; $55248<br>| &nbsp;&nbsp; $5702<br>| &nbsp;&nbsp; $16985<br>| &nbsp;&nbsp; $28110<br>| &nbsp;&nbsp; $55248<br>|
| &nbsp;&nbsp;&nbsp; Minimum Annual<br> Underlying <br> Mutual Fund<br> Expenses <br> (0.16%)<br>| &nbsp;&nbsp; $420<br>| &nbsp;&nbsp; $1319<br>| &nbsp;&nbsp; $2301<br>| &nbsp;&nbsp; $5180<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $1319<br>| &nbsp;&nbsp; $2301<br>| &nbsp;&nbsp; $5180<br>| &nbsp;&nbsp; $420<br>| &nbsp;&nbsp; $1319<br>| &nbsp;&nbsp; $2301<br>| &nbsp;&nbsp; $5180 |

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**Appendix: More Information About the Investment Portfolios**

The following is a list of the Investment Portfolios that are available under the Contract. More information about the Investment Portfolios is available in the prospectuses for the Investment Portfolios, which may be amended from time to time and can be found online at https://nationwide.onlineprospectus.net/NW/C000148690NW/index.php. This information can also be obtained at no cost by calling 1-866-667-0561 or by sending an email request to NAS_Service@nationwide.com.

The current expenses and performance information below reflects fees and expenses of the Investment Portfolios, but do not reflect the other fees and expenses that the Contract may charge, such as any Low Cost Fund Platform Fee. Expenses would be higher and performance would be lower if these other charges were included. Each Investment Portfolio's past performance is not necessarily an indication of future performance.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Commodities | **Advisors Preferred Trust - Gold Bullion** <br> **Strategy Portfolio**<br> Investment Advisor: Advisors Preferred, <br> LLC<br> Sub-Advisor: Flexible Plan Investments, <br> Ltd.<br>| 1.64% | 0.00% | **1.64%** | 24.34% | 8.00% | 5.62% |
| Equity | **Alger Capital Appreciation Portfolio:** <br> **Class I-2 Shares**<br> Investment Advisor: Fred Alger <br> Management, LLC<br>| 0.93% | 0.00% | **0.93%** | 48.13% | 17.84% | 15.55% |
| Equity | **Alger Large Cap Growth Portfolio:** <br> **Class I-2 Shares**<br> Investment Advisor: Fred Alger <br> Management, LLC<br>| 0.84%\* | 0.00% | **0.84%** | 42.89% | 16.79% | 13.87% |
| Equity | **Alger Mid Cap Growth Portfolio: Class** <br> **I-2 Shares**<br> Investment Advisor: Fred Alger <br> Management, LLC<br>| 0.94%\* | 0.00% | **0.94%** | 21.07% | 10.34% | 9.78% |
| Equity | **AllianceBernstein Variable Products** <br> **Series Fund, Inc. - AB VPS Discovery** <br> **Value Portfolio: Class B**<br> Investment Advisor: AllianceBernstein L.P.<br>| 1.06% | 0.00% | **1.06%** | 9.72% | 8.57% | 7.36% |
| Equity | **AllianceBernstein Variable Products** <br> **Series Fund, Inc. - AB VPS Relative** <br> **Value Portfolio: Class A**<br> Investment Advisor: AllianceBernstein L.P.<br>| 0.61% | 0.00% | **0.61%** | 13.02% | 9.81% | 9.66% |
| Equity | **AllianceBernstein Variable Products** <br> **Series Fund, Inc. - AB VPS Sustainable** <br> **Global Thematic Portfolio: Class B**<br> Investment Advisor: AllianceBernstein L.P.<br>| 1.16%\* | 0.00% | **1.16%** | 5.96% | 8.77% | 9.45% |
| Allocation | **ALPS Variable Investment Trust -** <br> **Morningstar Aggressive Growth ETF** <br> **Asset Allocation Portfolio: Class II**<br> Investment Advisor: ALPS Advisors, Inc.<br> Sub-Advisor: Morningstar Investment <br> Management LLC<br>| 0.89% | 0.00% | **0.89%** | 14.58% | 8.63% | 8.05% |
| Allocation | **ALPS Variable Investment Trust -** <br> **Morningstar Balanced ETF Asset** <br> **Allocation Portfolio: Class II**<br> Investment Advisor: ALPS Advisors, Inc.<br> Sub-Advisor: Morningstar Investment <br> Management LLC<br>| 0.86% | 0.00% | **0.86%** | 10.17% | 5.53% | 5.54% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Allocation | **ALPS Variable Investment Trust -** <br> **Morningstar Conservative ETF Asset** <br> **Allocation Portfolio: Class II**<br> Investment Advisor: ALPS Advisors, Inc.<br> Sub-Advisor: Morningstar Investment <br> Management LLC<br>| 0.84%\* | 0.00% | **0.84%** | 5.29% | 1.75% | 2.50% |
| Allocation | **ALPS Variable Investment Trust -** <br> **Morningstar Growth ETF Asset** <br> **Allocation Portfolio: Class II**<br> Investment Advisor: ALPS Advisors, Inc.<br> Sub-Advisor: Morningstar Investment <br> Management LLC<br>| 0.87% | 0.00% | **0.87%** | 12.67% | 7.32% | 7.00% |
| Allocation | **ALPS Variable Investment Trust -** <br> **Morningstar Income & Growth ETF** <br> **Asset Allocation Portfolio: Class II**<br> Investment Advisor: ALPS Advisors, Inc.<br> Sub-Advisor: Morningstar Investment <br> Management LLC<br>| 0.85%\* | 0.00% | **0.85%** | 7.97% | 3.81% | 4.13% |
| Fixed Income | **American Funds Insurance Series® -** <br> **American Funds Mortgage Fund: Class** <br> **4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.82%\* | 0.00% | **0.82%** | 0.35% | -0.30% | 0.78% |
| Fixed Income | **American Funds Insurance Series® -** <br> **American High-Income Trust: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.82%\* | 0.00% | **0.82%** | 9.39% | 5.29% | 5.06% |
| Allocation | **American Funds Insurance Series® -** <br> **Asset Allocation Fund: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.80% | 0.00% | **0.80%** | 16.11% | 8.04% | 8.05% |
| Allocation | **American Funds Insurance Series® -** <br> **Capital Income Builder®: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.78%\* | 0.00% | **0.78%** | 9.93% | 5.75% | 5.17% |
| Fixed Income | **American Funds Insurance Series® -** <br> **Capital World Bond Fund: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.98% | 0.00% | **0.98%** | -3.32% | -2.65% | -0.33% |
| Equity | **American Funds Insurance Series® -** <br> **Capital World Growth & Income Fund:** <br> **Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.91%\* | 0.00% | **0.91%** | 13.70% | 7.04% | 8.17% |
| Equity | **American Funds Insurance Series® -** <br> **Global Growth Fund: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.91%\* | 0.00% | **0.91%** | 13.39% | 9.49% | 10.46% |
| Equity | **American Funds Insurance Series® -** <br> **Global Small Capitalization Fund: Class** <br> **4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 1.16%\* | 0.00% | **1.16%** | 2.12% | 2.74% | 5.54% |
| Equity | **American Funds Insurance Series® -** <br> **Growth Fund: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.84% | 0.00% | **0.84%** | 31.30% | 18.53% | 16.29% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **American Funds Insurance Series® -** <br> **Growth-Income Fund: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.78% | 0.00% | **0.78%** | 23.92% | 12.73% | 11.93% |
| Equity | **American Funds Insurance Series® -** <br> **International Growth & Income Fund:** <br> **Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 1.06% | 0.00% | **1.06%** | 3.11% | 2.28% | 3.73% |
| Allocation | **American Funds Insurance Series® -** <br> **Managed Risk Asset Allocation Fund:** <br> **Class P2**<br> Investment Advisor: Capital Research and <br> Management Company<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.90%\* | 0.00% | **0.90%** | 14.63% | 5.30% | 5.88% |
| Allocation | **American Funds Insurance Series® -** <br> **Managed Risk Washington Mutual** <br> **Investors Fund: Class P2**<br> Investment Advisor: Capital Research and <br> Management Company<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.89%\* | 0.00% | **0.89%** | 13.99% | 5.61% | 5.28% |
| Equity | **American Funds Insurance Series® -** <br> **New World Fund®: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 1.07%\* | 0.00% | **1.07%** | 6.33% | 4.29% | 5.96% |
| Fixed Income | **American Funds Insurance Series® -** <br> **The Bond Fund of America: Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.73%\* | 0.00% | **0.73%** | 0.98% | 0.07% | 1.42% |
| Fixed Income | **American Funds Insurance Series® -** <br> **U.S. Government Securities Fund:** <br> **Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.76%\* | 0.00% | **0.76%** | 0.44% | -0.13% | 0.84% |
| Equity | **American Funds Insurance Series® -** <br> **Washington Mutual Investors Fund:** <br> **Class 4**<br> Investment Advisor: Capital Research and <br> Management Company<br>| 0.77%\* | 0.00% | **0.77%** | 18.85% | 11.92% | 9.99% |
| Fixed Income | **BlackRock Variable Series Funds II,** <br> **Inc. - BlackRock High Yield V.I. Fund:** <br> **Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br> Sub-Advisor: BlackRock International <br> Limited<br>| 0.78%\* | 0.00% | **0.78%** | 7.85% | 4.18% | 4.75% |
| Fixed Income | **BlackRock Variable Series Funds II,** <br> **Inc. - BlackRock Total Return V.I. Fund:** <br> **Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br> Sub-Advisor: BlackRock International <br> Limited and BlackRock (Singapore) <br> Limited<br>| 0.77%\* | 0.00% | **0.77%** | 1.14% | -0.50% | 1.11% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **BlackRock Variable Series Funds, Inc. -** <br> **BlackRock Advantage Large Cap Core** <br> **V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br>| 0.94%\* | 0.00% | **0.94%** | 25.11% | 13.81% | 12.07% |
| Equity | **BlackRock Variable Series Funds, Inc. -** <br> **BlackRock Advantage Large Cap Value** <br> **V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br>| 0.85%\* | 0.00% | **0.85%** | 16.13% | 9.50% | 8.80% |
| Equity | **BlackRock Variable Series Funds, Inc. -** <br> **BlackRock Equity Dividend V.I. Fund:** <br> **Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br>| 0.92%\* | 0.00% | **0.92%** | 9.71% | 7.98% | 8.79% |
| Allocation | **BlackRock Variable Series Funds, Inc. -** <br> **BlackRock Global Allocation V.I. Fund:** <br> **Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br> Sub-Advisor: BlackRock International <br> Limited and BlackRock (Singapore) <br> Limited<br>| 1.02%\* | 0.00% | **1.02%** | 8.93% | 5.72% | 5.32% |
| Equity | **BlackRock Variable Series Funds, Inc. -** <br> **BlackRock Large Cap Focus Growth** <br> **V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, <br> LLC<br>| 1.04%\* | 0.00% | **1.04%** | 31.39% | 15.88% | 15.01% |
| Equity | **BNY Mellon Investment Portfolios -** <br> **Small Cap Stock Index Portfolio:** <br> **Service Shares**<br> Investment Advisor: BNY Mellon <br> Investment Adviser, Inc.<br>| 0.60%\* | 0.00% | **0.60%** | 7.96% | 7.70% | 8.33% |
| Equity | **BNY Mellon Stock Index Fund, Inc.:** <br> **Initial Shares**<br> Investment Advisor: BNY Mellon <br> Investment Adviser, Inc.<br> Sub-Advisor: Mellon Investments <br> Corporation<br>| 0.27% | 0.25% | **0.52%** | 24.66% | 14.21% | 12.81% |
| Equity | **BNY Mellon Sustainable U.S. Equity** <br> **Portfolio, Inc.: Initial Shares**<br> Investment Advisor: BNY Mellon <br> Investment Adviser, Inc.<br> Sub-Advisor: Newton Investment <br> Management Limited<br>| 0.67% | 0.00% | **0.67%** | 24.89% | 13.46% | 11.52% |
| Allocation | **Calvert Variable Series, Inc. - Calvert** <br> **VP SRI Balanced Portfolio: Class F**<br> Investment Advisor: Calvert Research and <br> Management<br>| 0.89% | 0.00% | **0.89%** | 18.91% | 9.03% | 8.06% |
| Equity | **Calvert Variable Trust, Inc. - CVT** <br> **Nasdaq 100 Index Portfolio: Class F**<br> Investment Advisor: Calvert Research and <br> Management<br> Sub-Advisor: Ameritas Investment <br> Partners, Inc.<br>| 0.73%\* | 0.00% | **0.73%** | 24.89% | 19.32% | 17.64% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Columbia Funds Variable Insurance** <br> **Trust - Columbia Variable Portfolio -** <br> **Strategic Income Fund: Class 2**<br> Investment Advisor: Columbia <br> Management Investment Advisors, LLC<br>| 0.94%\* | 0.00% | **0.94%** | 4.51% | 1.82% | 3.10% |
| Equity | **Columbia Funds Variable Insurance** <br> **Trust II - Columbia Variable Portfolio -** <br> **Seligman Global Technology: Class 2**<br> Investment Advisor: Columbia <br> Management Investment Advisors, LLC<br>| 1.20%\* | 0.00% | **1.20%** | 26.58% | 20.37% | 20.25% |
| Equity | **Columbia Funds Variable Series Trust II** <br> **- Columbia Variable Portfolio - Select** <br> **Large Cap Value Fund: Class 1**<br> Investment Advisor: Columbia <br> Management Investment Advisors, LLC<br>| 0.70% | 0.00% | **0.70%** | 12.86% | 9.57% | 9.26% |
| Equity | **Columbia Funds Variable Series Trust II** <br> **- Columbia Variable Portfolio - Select** <br> **Small Cap Value Fund: Class 1**<br> Investment Advisor: Columbia <br> Management Investment Advisors, LLC<br>| 0.85%\* | 0.00% | **0.85%** | 13.97% | 9.47% | 7.21% |
| Commodities | **Credit Suisse Trust - Commodity** <br> **Return Strategy Portfolio: Class 1**<br> Investment Advisor: UBS Asset <br> Management (Americas) LLC<br>| 1.05%\* | 0.00% | **1.05%** | 4.83% | 6.85% | 1.12% |
| Equity | **Delaware VIP Trust - Macquarie VIP** <br> **Small Cap Value Series: Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust (a Delaware statutory trust)<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 1.04% | 0.00% | **1.04%** | 11.02% | 6.83% | 7.30% |
| Equity | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA Equity Allocation** <br> **Portfolio: Institutional Class (formerly,** <br> **DFA Investment Dimensions Group Inc.** <br> **- VA Equity Allocation Portfolio:** <br> **Institutional Class)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br> Sub-Advisor: Dimensional Fund Advisors <br> Ltd. And DFA Australia Limited<br>| 0.31%\* | 0.25% | **0.56%** | 15.10% | 10.74% |  |
| Fixed Income | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA Global Bond Portfolio** <br> **(formerly, DFA Investment Dimensions** <br> **Group Inc. - VA Global Bond Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br> Sub-Advisor: Dimensional Fund Advisors <br> Ltd. And DFA Australia Limited<br>| 0.21% | 0.25% | **0.46%** | 5.38% | 0.81% | 1.53% |
| Allocation | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA Global Moderate** <br> **Allocation Portfolio: Institutional Class** <br> **(formerly, DFA Investment Dimensions** <br> **Group Inc. - VA Global Moderate** <br> **Allocation Portfolio: Institutional Class)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br>| 0.28%\* | 0.25% | **0.53%** | 11.99% | 7.77% | 6.95% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA International Small** <br> **Portfolio (formerly, DFA Investment** <br> **Dimensions Group Inc. - VA** <br> **International Small Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br> Sub-Advisor: Dimensional Fund Advisors <br> Ltd. And DFA Australia Limited<br>| 0.39% | 0.25% | **0.64%** | 3.82% | 4.11% | 5.91% |
| Equity | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA International Value** <br> **Portfolio (formerly, DFA Investment** <br> **Dimensions Group Inc. - VA** <br> **International Value Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br> Sub-Advisor: Dimensional Fund Advisors <br> Ltd. And DFA Australia Limited<br>| 0.28% | 0.25% | **0.53%** | 6.62% | 7.08% | 5.62% |
| Fixed Income | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA Short-Term Fixed** <br> **Portfolio (formerly, DFA Investment** <br> **Dimensions Group Inc. - VA Short-Term** <br> **Fixed Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br> Sub-Advisor: Dimensional Fund Advisors <br> Ltd. And DFA Australia Limited<br>| 0.12% | 0.25% | **0.37%** | 5.48% | 1.91% | 1.57% |
| Equity | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA U.S. Large Value** <br> **Portfolio (formerly, DFA Investment** <br> **Dimensions Group Inc. - VA U.S. Large** <br> **Value Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br>| 0.21% | 0.25% | **0.46%** | 13.38% | 8.43% | 8.52% |
| Equity | **DFA Investment Dimensions Group Inc.** <br> **- Dimensional VA U.S. Targeted Value** <br> **Portfolio (formerly, DFA Investment** <br> **Dimensions Group Inc. - VA U.S.** <br> **Targeted Value Portfolio)**<br> Investment Advisor: Dimensional Fund <br> Advisors LP<br>| 0.28% | 0.25% | **0.53%** | 8.14% | 12.55% | 9.46% |
| Fixed Income | **Federated Hermes Insurance Series -** <br> **Federated Hermes High Income Bond** <br> **Fund II: Primary Shares**<br> Investment Advisor: Federated Investment <br> Management Company<br>| 0.83%\* | 0.00% | **0.83%** | 6.27% | 3.19% | 4.48% |
| Allocation | **Federated Hermes Insurance Series -** <br> **Federated Hermes Managed Volatility** <br> **Fund II: Primary Shares**<br> Investment Advisor: Federated Equity <br> Management Company of Pennsylvania<br> Sub-Advisor: Federated Investment <br> Management Company, Federated <br> Advisory Services Company, Fed Global<br>| 1.00%\* | 0.00% | **1.00%** | 15.56% | 5.32% | 5.30% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Fidelity Variable Insurance Products -** <br> **Emerging Markets Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR UK, FMR HK, FMR <br> Japan, FIA, and FIA(UK)<br>| 1.13% | 0.00% | **1.13%** | 9.71% | 4.09% | 5.78% |
| Allocation | **Fidelity Variable Insurance Products** <br> **Fund - VIP Balanced Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.67% | 0.00% | **0.67%** | 15.58% | 10.57% | 9.35% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Contrafund® Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.81% | 0.00% | **0.81%** | 33.45% | 16.74% | 13.33% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Disciplined Small Cap** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br>| 0.57% | 0.00% | **0.57%** | 16.57% | 10.28% | 8.35% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Energy Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.85% | 0.00% | **0.85%** | 4.02% | 12.13% | 4.19% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Equity-Income Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.72% | 0.00% | **0.72%** | 15.06% | 9.80% | 8.94% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Fidelity Variable Insurance Products** <br> **Fund - VIP Floating Rate High Income** <br> **Portfolio: Initial Class**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.73% | 0.00% | **0.73%** | 8.39% | 5.55% | 4.88% |
| Allocation | **Fidelity Variable Insurance Products** <br> **Fund - VIP Freedom Income Fund** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br>| 0.62% | 0.00% | **0.62%** | 4.20% | 2.26% | 3.19% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Growth & Income Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.74% | 0.00% | **0.74%** | 21.91% | 13.10% | 11.11% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Growth Opportunities** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.82% | 0.00% | **0.82%** | 38.56% | 18.46% | 17.93% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Growth Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.81% | 0.00% | **0.81%** | 30.07% | 18.63% | 16.34% |
| Fixed Income | **Fidelity Variable Insurance Products** <br> **Fund - VIP High Income Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 1.06%\* | 0.00% | **1.06%** | 8.62% | 2.47% | 3.90% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP International Capital** <br> **Appreciation Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FIL Investment Advisors, FIL <br> Investment Advisors (UK) Limited, FMR <br> Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong <br> Kong) Limited, Fidelity Management & <br> Research (Japan) Limited<br>| 1.03% | 0.00% | **1.03%** | 7.92% | 6.61% | 8.01% |
| Fixed Income | **Fidelity Variable Insurance Products** <br> **Fund - VIP Investment Grade Bond** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.63% | 0.00% | **0.63%** | 1.50% | 0.20% | 1.68% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Mid Cap Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.82% | 0.00% | **0.82%** | 17.18% | 11.06% | 8.94% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Overseas Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FIL Investment Advisors, FIL <br> Investment Advisors (UK) Limited, FMR <br> Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong <br> Kong) Limited, Fidelity Management & <br> Research (Japan) Limited<br>| 0.98% | 0.00% | **0.98%** | 4.81% | 5.50% | 6.06% |
| Fixed Income | **Fidelity Variable Insurance Products** <br> **Fund - VIP Strategic Income Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FIL Investment Advisors, FIL <br> Investment Advisors (UK) Limited, FMR <br> Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong <br> Kong) Limited, Fidelity Management & <br> Research (Japan) Limited<br>| 0.89% | 0.00% | **0.89%** | 5.78% | 2.54% | 3.34% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Value Portfolio: Service** <br> **Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.85% | 0.00% | **0.85%** | 11.08% | 11.80% | 9.71% |
| Equity | **Fidelity Variable Insurance Products** <br> **Fund - VIP Value Strategies Portfolio:** <br> **Service Class 2**<br> Investment Advisor: Fidelity Management <br> & Research Company LLC (FMR)<br> Sub-Advisor: FMR Investment <br> Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) <br> Limited, Fidelity Management & Research <br> (Japan) Limited<br>| 0.84% | 0.00% | **0.84%** | 9.16% | 11.93% | 9.37% |
| Equity | **First Eagle Variable Funds - Overseas** <br> **Variable Fund**<br> Investment Advisor: First Eagle Investment <br> Management, LLC<br>| 1.21%\* | 0.00% | **1.21%** | 6.10% | 3.66% | 4.43% |
| Equity | **Franklin Templeton Variable Insurance** <br> **Products Trust - Franklin Global Real** <br> **Estate VIP Fund: Class 2**<br> Investment Advisor: Franklin Advisers, Inc.<br>| 1.25%\* | 0.00% | **1.25%** | -0.32% | -0.30% | 2.30% |
| Equity | **Franklin Templeton Variable Insurance** <br> **Products Trust - Franklin Rising** <br> **Dividends VIP Fund: Class 2**<br> Investment Advisor: Franklin Advisers, Inc.<br>| 0.88%\* | 0.00% | **0.88%** | 10.79% | 10.30% | 10.44% |
| Fixed Income | **Franklin Templeton Variable Insurance** <br> **Products Trust - Franklin U.S.** <br> **Government Securities VIP Fund: Class** <br> **2**<br> Investment Advisor: Franklin Advisers, Inc.<br>| 0.78% | 0.00% | **0.78%** | 1.37% | -0.52% | 0.53% |
| Fixed Income | **Guggenheim Variable Funds Trust -** <br> **Series E (Total Return Bond Series)**<br> Investment Advisor: Guggenheim <br> Investments<br>| 0.92%\* | 0.00% | **0.92%** | 3.09% | 1.01% | 2.51% |
| Fixed Income | **Guggenheim Variable Funds Trust -** <br> **Series F (Floating Rate Strategies** <br> **Series)**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.19%\* | 0.00% | **1.19%** | 6.83% | 3.83% | 3.84% |
| Allocation | **Invesco - Invesco V.I. Balanced-Risk** <br> **Allocation Fund: Series II Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.13%\* | 0.00% | **1.13%** | 3.56% | 2.51% | 3.57% |
| Equity | **Invesco - Invesco V.I. Comstock Fund:** <br> **Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.76% | 0.00% | **0.76%** | 15.18% | 11.59% | 9.49% |
| Fixed Income | **Invesco - Invesco V.I. Core Plus Bond** <br> **Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.62%\* | 0.00% | **0.62%** | 3.06% | 0.38% | 2.25% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Invesco - Invesco V.I. Diversified** <br> **Dividend Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.68% | 0.00% | **0.68%** | 13.22% | 7.64% | 7.83% |
| Allocation | **Invesco - Invesco V.I. Equity and** <br> **Income Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.57% | 0.00% | **0.57%** | 12.12% | 8.38% | 7.36% |
| Fixed Income | **Invesco - Invesco V.I. Global Strategic** <br> **Income Fund: Series II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.18%\* | 0.00% | **1.18%** | 2.79% | -0.43% | 1.28% |
| Money Market | **Invesco - Invesco V.I. Government** <br> **Money Market Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.36% | 0.00% | **0.36%** | 4.98% | 2.30% | 1.56% |
| Fixed Income | **Invesco - Invesco V.I. Government** <br> **Securities Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.70% | 0.00% | **0.70%** | 1.72% | -0.17% | 0.91% |
| Equity | **Invesco - Invesco V.I. Growth and** <br> **Income Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.75% | 0.00% | **0.75%** | 16.00% | 10.07% | 8.80% |
| Equity | **Invesco - Invesco V.I. Health Care** <br> **Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.99% | 0.00% | **0.99%** | 4.17% | 3.64% | 5.40% |
| Fixed Income | **Invesco - Invesco V.I. High Yield Fund:** <br> **Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br> Sub-Advisor: Invesco Canada Ltd.<br>| 0.89% | 0.00% | **0.89%** | 7.73% | 2.97% | 3.81% |
| Equity | **Invesco - Invesco V.I. Technology** <br> **Fund: Series I Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.97% | 0.00% | **0.97%** | 34.27% | 14.65% | 14.40% |
| Allocation | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Asset Strategy Series:** <br> **Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Austria Kapitalanlage AG, <br> Macquarie Investment Management <br> Europe Limited, Macquarie Investment <br> Management Global Limited<br>| 0.85%\* | 0.00% | **0.85%** | 12.44% | 6.56% | 5.27% |
| Allocation | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Balanced Series:** <br> **Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Austria Kapitalanlage AG, <br> Macquarie Investment Management <br> Europe Limited, Macquarie Investment <br> Management Global Limited<br>| 1.03%\* | 0.00% | **1.03%** | 15.60% | 8.30% | 7.14% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Corporate Bond Series:** <br> **Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Austria Kapitalanlage AG, <br> Macquarie Investment Management <br> Europe Limited, Macquarie Investment <br> Management Global Limited<br>| 0.78% | 0.00% | **0.78%** | 2.45% | 0.34% | 1.96% |
| Equity | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Energy Series: Service** <br> **Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 1.11%\* | 0.00% | **1.11%** | -5.60% | 5.79% | -1.89% |
| Fixed Income | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP High Income Series:** <br> **Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Austria Kapitalanlage AG, <br> Macquarie Investment Management <br> Europe Limited, Macquarie Investment <br> Management Global Limited<br>| 0.97% | 0.00% | **0.97%** | 6.19% | 3.51% | 4.13% |
| Fixed Income | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Limited-Term Bond** <br> **Series: Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Austria Kapitalanlage AG, <br> Macquarie Investment Management <br> Europe Limited, Macquarie Investment <br> Management Global Limited<br>| 0.79%\* | 0.00% | **0.79%** | 4.33% | 1.64% | 1.74% |
| Equity | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Mid Cap Growth Series:** <br> **Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 1.10%\* | 0.00% | **1.10%** | 2.20% | 7.96% | 9.88% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Natural Resources** <br> **Series: Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 1.25%\* | 0.00% | **1.25%** | -0.58% | 5.81% | 0.98% |
| Equity | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Science and Technology** <br> **Series: Service Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 1.16% | 0.00% | **1.16%** | 30.59% | 14.05% | 13.54% |
| Equity | **Ivy Variable Insurance Portfolios -** <br> **Macquarie VIP Value Series: Service** <br> **Class**<br> Investment Advisor: Delaware <br> Management Company, a series of <br> Macquarie Investment Management <br> Business Trust<br> Sub-Advisor: Macquarie Investment <br> Management Global Limited<br>| 0.98%\* | 0.00% | **0.98%** | 6.47% | 7.96% | 7.52% |
| Allocation | **Janus Aspen Series - Janus Henderson** <br> **Balanced Portfolio: Institutional Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.62% | 0.00% | **0.62%** | 15.43% | 8.33% | 8.66% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Enterprise Portfolio: Institutional** <br> **Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.72% | 0.00% | **0.72%** | 15.61% | 9.88% | 12.40% |
| Fixed Income | **Janus Aspen Series - Janus Henderson** <br> **Flexible Bond Portfolio: Service Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.82%\* | 0.00% | **0.82%** | 1.63% | 0.09% | 1.35% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Forty Portfolio: Institutional Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.58% | 0.00% | **0.58%** | 28.47% | 15.40% | 15.65% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Global Research Portfolio: Institutional** <br> **Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.72% | 0.00% | **0.72%** | 23.58% | 12.35% | 10.55% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Global Sustainable Equity Portfolio:** <br> **Institutional Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.74%\* | 0.00% | **0.74%** | 11.06% |  |  |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Mid Cap Value Portfolio: Institutional** <br> **Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.93% | 0.00% | **0.93%** | 13.11% | 7.14% | 7.60% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Overseas Portfolio: Institutional Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.88% | 0.00% | **0.88%** | 5.84% | 7.21% | 5.55% |
| Equity | **Janus Aspen Series - Janus Henderson** <br> **Research Portfolio: Institutional Shares**<br> Investment Advisor: Janus Henderson <br> Investors US LLC<br>| 0.67% | 0.00% | **0.67%** | 35.31% | 16.79% | 14.53% |
| Equity | **John Hancock Variable Insurance Trust** <br> **- Disciplined Value Emerging Markets** <br> **Equity Trust: Series NAV**<br> Investment Advisor: John Hancock <br> Variable Trust Advisers LLC<br> Sub-Advisor: Boston Partners Global <br> Investors, Inc.<br>| 0.96%\* | 0.00% | **0.96%** | -2.44% | 2.75% | 3.38% |
| Allocation | **Lazard Retirement Series, Inc. - Lazard** <br> **Retirement Global Dynamic Multi-Asset** <br> **Portfolio: Service Shares**<br> Investment Advisor: Lazard Asset <br> Management LLC<br>| 1.05%\* | 0.00% | **1.05%** | 8.60% | 2.33% | 4.35% |
| Equity | **Lazard Retirement Series, Inc. - Lazard** <br> **Retirement US Small Cap Equity Select** <br> **Portfolio: Service Shares**<br> Investment Advisor: Lazard Asset <br> Management LLC<br>| 1.12%\* | 0.00% | **1.12%** | 11.12% | 5.74% | 6.73% |
| Equity | **Legg Mason Partners Variable Equity** <br> **Trust - ClearBridge Variable Dividend** <br> **Strategy Portfolio: Class I**<br> Investment Advisor: Franklin Templeton <br> Fund Adviser, LLC<br> Sub-Advisor: ClearBridge Investments, <br> LLC<br>| 0.75% | 0.00% | **0.75%** | 16.85% | 10.85% | 10.64% |
| Equity | **Legg Mason Partners Variable Equity** <br> **Trust - ClearBridge Variable Large Cap** <br> **Growth Portfolio: Class I**<br> Investment Advisor: Franklin Templeton <br> Fund Adviser, LLC<br> Sub-Advisor: ClearBridge Investments, <br> LLC<br>| 0.74% | 0.00% | **0.74%** | 27.89% | 14.75% | 14.58% |
| Equity | **Legg Mason Partners Variable Equity** <br> **Trust - ClearBridge Variable Small Cap** <br> **Growth Portfolio: Class II**<br> Investment Advisor: Franklin Templeton <br> Fund Adviser, LLC<br> Sub-Advisor: ClearBridge Investments, <br> LLC<br>| 1.05% | 0.00% | **1.05%** | 4.23% | 5.13% | 7.66% |
| Fixed Income | **Lord Abbett Series Fund, Inc. - Bond** <br> **Debenture Portfolio: Class VC**<br> Investment Advisor: Lord, Abbett & Co. <br> LLC<br>| 0.99% | 0.00% | **0.99%** | 6.72% | 1.90% | 3.73% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Lord Abbett Series Fund, Inc. -** <br> **Dividend Growth Portfolio: Class VC**<br> Investment Advisor: Lord, Abbett & Co. <br> LLC<br>| 0.99% | 0.00% | **0.99%** | 22.14% | 12.23% | 11.16% |
| Equity | **Lord Abbett Series Fund, Inc. - Growth** <br> **and Income Portfolio: Class VC**<br> Investment Advisor: Lord, Abbett & Co. <br> LLC<br>| 0.93% | 0.00% | **0.93%** | 20.60% | 10.37% | 9.05% |
| Equity | **MFS® Variable Insurance Trust - MFS** <br> **Growth Series: Service Class**<br> Investment Advisor: Massachusetts <br> Financial Services Company<br>| 0.97%\* | 0.00% | **0.97%** | 31.15% | 14.46% | 14.82% |
| Equity | **MFS® Variable Insurance Trust - MFS** <br> **New Discovery Series: Service Class**<br> Investment Advisor: Massachusetts <br> Financial Services Company<br>| 1.12%\* | 0.00% | **1.12%** | 6.44% | 4.71% | 8.92% |
| Equity | **MFS® Variable Insurance Trust - MFS** <br> **Value Series: Service Class**<br> Investment Advisor: Massachusetts <br> Financial Services Company<br>| 0.94%\* | 0.00% | **0.94%** | 11.35% | 7.76% | 8.36% |
| Equity | **MFS® Variable Insurance Trust II - MFS** <br> **International Growth Portfolio: Service** <br> **Class**<br> Investment Advisor: Massachusetts <br> Financial Services Company<br>| 1.13%\* | 0.00% | **1.13%** | 8.76% | 5.84% | 7.56% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Allspring Discovery Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Allspring Global Investments, <br> LLC<br>| 1.08%\* | 0.00% | **1.08%** | 18.08% | 6.18% | 8.75% |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT Amundi Multi Sector Bond Fund:** <br> **Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Amundi Asset Management, <br> US<br>| 0.81% | 0.00% | **0.81%** | 10.34% | 5.12% | 4.38% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT AQR Large Cap Defensive Style** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: AQR Capital Management, <br> LLC<br>| 0.78% | 0.00% | **0.78%** | 13.66% | 8.67% | 10.26% |
| Allocation | **Nationwide Variable Insurance Trust -** <br> **NVIT Blueprint® Managed Growth &** <br> **Income Fund: Class I (formerly,** <br> **Nationwide Variable Insurance Trust -** <br> **NVIT Blueprint(SM) Managed Growth &** <br> **Income Fund: Class I)**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Nationwide Asset <br> Management, LLC<br>| 0.80%\* | 0.00% | **0.80%** | 8.90% | 4.24% | 4.32% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT BNY Mellon Dynamic U.S. Core** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Newton Investment <br> Management Limited<br>| 0.62%\* | 0.00% | **0.62%** | 22.80% | 12.91% | 13.21% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT BNY Mellon Dynamic U.S. Equity** <br> **Income: Class X**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Newton Investment <br> Management Limited<br>| 0.63%\* | 0.00% | **0.63%** | 15.49% | 11.25% | 9.40% |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT Bond Index Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.23% | 0.00% | **0.23%** | 1.14% | -0.54% | 1.13% |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT DoubleLine Total Return Tactical** <br> **Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: DoubleLine Capital LP<br>| 0.60%\* | 0.00% | **0.60%** | 3.63% | -0.06% |  |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Fidelity Institutional AM®** <br> **Emerging Markets Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: FIAM LLC<br>| 1.18%\* | 0.00% | **1.18%** | 6.28% | -2.63% | 1.30% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Fidelity Institutional AM®** <br> **Worldwide Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: FIAM LLC<br>| 1.06% | 0.00% | **1.06%** |  |  |  |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT Government Money Market Fund:** <br> **Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Federated Investment <br> Management Company<br>| 0.32% | 0.00% | **0.32%** | 5.04% | 2.30% | 1.53% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT GQG US Quality Equity Fund:** <br> **Class I (formerly, Nationwide Variable** <br> **Insurance Trust - NVIT Calvert Equity** <br> **Fund: Class I)**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: GQG Partners LLC<br>| 0.77%\* | 0.00% | **0.77%** | 8.63% | 7.74% | 8.42% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT International Equity Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Lazard Asset Management <br> LLC<br>| 0.98%\* | 0.00% | **0.98%** | 11.31% | 7.19% | 6.03% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT International Index Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.30% | 0.00% | **0.30%** | 3.25% | 4.51% | 5.12% |
| Allocation | **Nationwide Variable Insurance Trust -** <br> **NVIT Investor Destinations Capital** <br> **Appreciation Fund: Class P**<br> Investment Advisor: Nationwide Fund <br> Advisors<br>| 0.74% | 0.00% | **0.74%** | 10.67% | 5.98% | 6.40% |
| Allocation | **Nationwide Variable Insurance Trust -** <br> **NVIT Investor Destinations Moderate** <br> **Fund: Class P**<br> Investment Advisor: Nationwide Fund <br> Advisors<br>| 0.73% | 0.00% | **0.73%** | 9.18% | 5.06% | 5.62% |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT iShares® Fixed Income ETF Fund:** <br> **Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.22%\* | 0.00% | **0.22%** | 1.36% | -0.30% |  |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT iShares® Global Equity ETF Fund:** <br> **Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.23%\* | 0.00% | **0.23%** | 16.19% | 10.97% |  |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT J.P. Morgan Digital Evolution** <br> **Strategy Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: J.P. Morgan Investment <br> Management Inc.<br>| 0.96%\* | 0.00% | **0.96%** | 36.93% |  |  |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT J.P. Morgan Inflation Managed** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: J.P. Morgan Investment <br> Management Inc.<br>| 0.75% | 0.00% | **0.75%** |  |  |  |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Jacobs Levy Large Cap Growth** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Jacobs Levy Equity <br> Management, Inc.<br>| 0.70%\* | 0.00% | **0.70%** | 26.06% | 22.23% | 16.86% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT Loomis Core Bond Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Loomis, Sayles & Company, <br> L.P.<br>| 0.44% | 0.00% | **0.44%** | 1.53% | -0.59% | 1.48% |
| Fixed Income | **Nationwide Variable Insurance Trust -** <br> **NVIT Loomis Short Term Bond Fund:** <br> **Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Loomis, Sayles & Company, <br> L.P.<br>| 0.55% | 0.00% | **0.55%** | 5.35% | 1.65% | 1.81% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Mid Cap Index Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.25% | 0.00% | **0.25%** | 13.65% | 10.06% | 9.41% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Multi-Manager Small Cap Value** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Jacobs Levy Equity <br> Management, Inc. and WCM Investment <br> Management, LLC<br>| 1.06%\* | 0.00% | **1.06%** | 6.52% | 8.63% | 6.79% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT NASDAQ-100 Index Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.72%\* | 0.00% | **0.72%** |  |  |  |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT NS Partners International Focused** <br> **Growth Fund: Class II**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: NS Partners Ltd<br>| 1.23%\* | 0.00% | **1.23%** | -1.72% | 0.88% | 3.47% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Putnam International Value Fund:** <br> **Class X**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Putnam Investment <br> Management, LLC<br>| 0.85% | 0.00% | **0.85%** | 4.44% | 5.75% | 4.11% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT S&P 500 Index Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.16% | 0.00% | **0.16%** | 24.88% | 14.35% | 12.93% |
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Small Cap Index Fund: Class Y**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: BlackRock Investment <br> Management, LLC<br>| 0.25% | 0.00% | **0.25%** | 11.34% | 7.22% | 7.67% |

---

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Nationwide Variable Insurance Trust -** <br> **NVIT Victory Mid Cap Value Fund:** <br> **Class I**<br> Investment Advisor: Nationwide Fund <br> Advisors<br> Sub-Advisor: Victory Capital Management <br> Inc.<br>| 0.87%\* | 0.00% | **0.87%** | 8.54% | 7.17% | 7.10% |
| Equity | **Neuberger Berman Advisers** <br> **Management Trust - Mid-Cap Growth** <br> **Portfolio: Class I Shares**<br> Investment Advisor: Neuberger Berman <br> Investment Advisers LLC<br>| 0.90% | 0.00% | **0.90%** | 24.02% | 10.56% | 10.52% |
| Fixed Income | **Neuberger Berman Advisers** <br> **Management Trust - Short Duration** <br> **Bond Portfolio: Class I Shares**<br> Investment Advisor: Neuberger Berman <br> Investment Advisers LLC<br>| 0.92% | 0.00% | **0.92%** | 6.10% | 2.11% | 1.75% |
| Equity | **New Age Alpha Variable Funds Trust -** <br> **NAA Large Growth Series**<br> Investment Advisor: New Age Alpha <br> Advisors, LLC<br>| 0.85%\* | 0.00% | **0.85%** | 32.18% | 17.69% | 15.83% |
| Equity | **New Age Alpha Variable Funds Trust -** <br> **NAA Mid Growth Series**<br> Investment Advisor: New Age Alpha <br> Advisors, LLC<br>| 0.92%\* | 0.00% | **0.92%** | 17.38% | 9.98% | 10.38% |
| Equity | **New Age Alpha Variable Funds Trust -** <br> **NAA Small Cap Value Series**<br> Investment Advisor: New Age Alpha <br> Advisors, LLC<br>| 1.12%\* | 0.00% | **1.12%** | 8.51% | 7.56% | 6.57% |
| Convertibles | **New York Life Investments VP Funds** <br> **Trust - NYLI VP MacKay Convertible** <br> **Portfolio: Service Class**<br> Investment Advisor: New York Life <br> Investment Management LLC<br> Sub-Advisor: MacKay Shields LLC<br>| 0.83% | 0.00% | **0.83%** | 8.37% | 8.68% | 8.30% |
| Allocation | **Northern Lights Variable Trust -** <br> **Donoghue Forlines Momentum VIT** <br> **Fund: Class 1**<br> Investment Advisor: Donoghue Forlines <br> LLC<br>| 1.56% | 0.00% | **1.56%** | 23.03% | 7.90% | 6.83% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Aggressive Growth ETF Portfolio:** <br> **Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.54% | 0.00% | **0.54%** | 11.99% | 8.25% | 8.14% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Balanced ETF Portfolio: Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.55% | 0.00% | **0.55%** | 6.86% | 4.68% | 4.84% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Conservative ETF Portfolio: Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.56% | 0.00% | **0.56%** | 6.00% | 3.75% | 3.76% |

---

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---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Growth ETF Portfolio: Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.55% | 0.00% | **0.55%** | 10.79% | 7.38% | 7.25% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Managed Risk Balanced ETF Portfolio:** <br> **Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.76% | 0.00% | **0.76%** | 6.09% | 3.23% | 3.54% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Managed Risk Growth ETF Portfolio:** <br> **Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.75% | 0.00% | **0.75%** | 7.71% | 4.11% | 3.96% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Managed Risk Moderate Growth ETF** <br> **Portfolio: Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.75% | 0.00% | **0.75%** | 7.58% | 3.88% | 3.99% |
| Allocation | **Northern Lights Variable Trust - TOPS®** <br> **Moderate Growth ETF Portfolio: Class 2**<br> Investment Advisor: ValMark Advisers, Inc.<br> Sub-Advisor: Milliman Financial Risk <br> Management, LLC<br>| 0.54% | 0.00% | **0.54%** | 8.84% | 6.06% | 6.11% |
| Allocation | **PIMCO Variable Insurance Trust - All** <br> **Asset Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br> Sub-Advisor: Research Affiliates, LLC<br>| 2.27%\* | 0.00% | **2.27%** | 3.74% | 4.42% | 4.37% |
| Commodities | **PIMCO Variable Insurance Trust -** <br> **CommodityRealReturn® Strategy** <br> **Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 2.28%\* | 0.00% | **2.28%** | 4.16% | 7.10% | 1.65% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Dynamic Bond Portfolio: Administrative** <br> **Class**<br> Investment Advisor: PIMCO<br>| 1.03% | 0.00% | **1.03%** | 5.61% | 2.37% | 2.57% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Emerging Markets Bond Portfolio:** <br> **Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.28% | 0.00% | **1.28%** | 7.53% | 0.92% | 3.37% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Global Bond Opportunities Portfolio** <br> **(Unhedged): Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.08% | 0.00% | **1.08%** | -0.50% | -0.33% | 0.82% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Global Core Bond (Hedged) Portfolio:** <br> **Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.04% | 0.00% | **1.04%** | 3.56% | 1.04% | 1.96% |
| Allocation | **PIMCO Variable Insurance Trust -** <br> **Global Managed Asset Allocation** <br> **Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.18%\* | 0.00% | **1.18%** | 10.81% | 6.11% | 5.85% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **PIMCO Variable Insurance Trust - High** <br> **Yield Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 0.80% | 0.00% | **0.80%** | 6.89% | 3.35% | 4.50% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Income Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.06% | 0.00% | **1.06%** | 5.41% | 2.71% |  |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **International Bond Portfolio (U.S.** <br> **Dollar-Hedged): Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.01% | 0.00% | **1.01%** | 5.46% | 1.34% | 2.51% |
| Fixed Income | **PIMCO Variable Insurance Trust - Long-**<br> **Term U.S. Government Portfolio:** <br> **Administrative Class**<br> Investment Advisor: PIMCO<br>| 2.58% | 0.00% | **2.58%** | -6.01% | -4.92% | -0.73% |
| Fixed Income | **PIMCO Variable Insurance Trust - Real** <br> **Return Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 1.07% | 0.00% | **1.07%** | 2.13% | 1.93% | 2.16% |
| Fixed Income | **PIMCO Variable Insurance Trust -** <br> **Short-Term Portfolio: Administrative** <br> **Class**<br> Investment Advisor: PIMCO<br>| 0.62% | 0.00% | **0.62%** | 6.05% | 2.76% | 2.40% |
| Fixed Income | **PIMCO Variable Insurance Trust - Total** <br> **Return Portfolio: Administrative Class**<br> Investment Advisor: PIMCO<br>| 0.79% | 0.00% | **0.79%** | 2.53% | -0.03% | 1.54% |
| Fixed Income | **ProFunds - ProFund Access VP High** <br> **Yield Fund**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 6.31% | 1.60% | 3.30% |
| Equity | **ProFunds - ProFund VP Asia 30**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 11.56% | -0.58% | 1.93% |
| Equity | **ProFunds - ProFund VP Banks**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 22.24% | 4.21% | 7.13% |
| Miscellaneous | **ProFunds - ProFund VP Bear**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -13.71% | -13.65% | -12.57% |
| Equity | **ProFunds - ProFund VP Biotechnology**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68% | 0.00% | **1.68%** | -0.15% | 6.27% | 4.65% |
| Equity | **ProFunds - ProFund VP Bull**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 22.49% | 12.27% | 10.89% |
| Equity | **ProFunds - ProFund VP** <br> **Communication Services**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 32.64% | 10.97% | 7.08% |
| Equity | **ProFunds - ProFund VP Consumer** <br> **Discretionary**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 24.44% | 9.74% | 9.93% |
| Equity | **ProFunds - ProFund VP Consumer** <br> **Staples**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 10.36% | 6.25% | 6.12% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **ProFunds - ProFund VP Emerging** <br> **Markets**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 7.85% | 1.61% | 3.37% |
| Equity | **ProFunds - ProFund VP Energy**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 3.77% | 9.94% | 2.51% |
| Equity | **ProFunds - ProFund VP Europe 30**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 4.35% | 5.03% | 4.05% |
| Fixed Income | **ProFunds - ProFund VP Falling U.S.** <br> **Dollar**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -5.12% | -2.94% | -3.17% |
| Equity | **ProFunds - ProFund VP Financials**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 28.45% | 9.67% | 9.53% |
| Equity | **ProFunds - ProFund VP Health Care**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 0.82% | 5.85% | 7.27% |
| Equity | **ProFunds - ProFund VP Industrials**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 15.47% | 9.02% | 9.31% |
| Equity | **ProFunds - ProFund VP International**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 0.88% | 2.14% | 2.66% |
| Equity | **ProFunds - ProFund VP Internet**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 29.34% | 10.64% | 13.50% |
| Equity | **ProFunds - ProFund VP Japan**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 22.22% | 12.27% | 9.06% |
| Equity | **ProFunds - ProFund VP Large-Cap** <br> **Growth**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 33.78% | 15.07% | 13.29% |
| Equity | **ProFunds - ProFund VP Large-Cap** <br> **Value**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 10.42% | 8.71% | 8.18% |
| Equity | **ProFunds - ProFund VP Materials**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -1.54% | 8.03% | 5.99% |
| Equity | **ProFunds - ProFund VP Mid-Cap** <br> **Growth**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 13.89% | 8.19% | 8.06% |
| Equity | **ProFunds - ProFund VP Mid-Cap Value**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 9.85% | 8.45% | 7.37% |
| Allocation | **ProFunds - ProFund VP Mid-Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 11.14% | 7.82% | 7.22% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **ProFunds - ProFund VP NASDAQ-100**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 23.43% | 17.66% | 16.13% |
| Equity | **ProFunds - ProFund VP** <br> **Pharmaceuticals**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 3.41% | 2.79% | 3.14% |
| Equity | **ProFunds - ProFund VP Precious** <br> **Metals**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 6.58% | 1.69% | 4.23% |
| Equity | **ProFunds - ProFund VP Real Estate**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 3.55% | 1.39% | 3.91% |
| Miscellaneous | **ProFunds - ProFund VP Rising Rates** <br> **Opportunity**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.67% | 0.00% | **1.67%** | 19.00% | 7.05% | -0.06% |
| Equity | **ProFunds - ProFund VP Semiconductor**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 70.73% | 34.76% | 25.95% |
| Miscellaneous | **ProFunds - ProFund VP Short** <br> **Emerging Markets**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -4.65% | -7.60% | -8.67% |
| Miscellaneous | **ProFunds - ProFund VP Short** <br> **International**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 3.50% | -5.57% | -6.43% |
| Miscellaneous | **ProFunds - ProFund VP Short Mid-Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -6.55% | -12.39% | -11.30% |
| Miscellaneous | **ProFunds - ProFund VP Short** <br> **NASDAQ-100**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -16.21% | -19.99% | -18.21% |
| Miscellaneous | **ProFunds - ProFund VP Short Small-**<br> **Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -6.51% | -11.57% | -10.90% |
| Equity | **ProFunds - ProFund VP Small-Cap** <br> **Growth**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.10% | **1.78%** | 7.80% | 6.41% | 7.73% |
| Equity | **ProFunds - ProFund VP Small-Cap** <br> **Value**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 5.87% | 6.35% | 6.37% |
| Equity | **ProFunds - ProFund VP Small-Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 9.46% | 5.37% | 5.85% |
| Equity | **ProFunds - ProFund VP Technology**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.66% | 0.00% | **1.66%** | 19.80% | 18.90% | 18.02% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **ProFunds - ProFund VP U.S.** <br> **Government Plus**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.38%\* | 0.00% | **1.38%** | -12.83% | -10.63% | -4.12% |
| Equity | **ProFunds - ProFund VP UltraBull**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 42.02% | 18.93% | 17.99% |
| Equity | **ProFunds - ProFund VP UltraMid-Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 17.02% | 8.40% | 10.09% |
| Equity | **ProFunds - ProFund VP UltraNASDAQ-**<br> **100**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 41.41% | 27.60% | 27.56% |
| Miscellaneous | **ProFunds - ProFund VP UltraShort** <br> **NASDAQ-100**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | -33.81% | -40.95% | -36.79% |
| Allocation | **ProFunds - ProFund VP UltraSmall-Cap**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 10.70% | 1.84% | 6.01% |
| Equity | **ProFunds - ProFund VP Utilities**<br> Investment Advisor: ProFund Advisors <br> LLC<br>| 1.68%\* | 0.00% | **1.68%** | 21.28% | 4.49% | 6.50% |
| Fixed Income | **Putnam Variable Trust - Putnam VT** <br> **High Yield Fund: Class IB**<br> Investment Advisor: Franklin Advisers, Inc.<br> Sub-Advisor: Putnam Investment <br> Management, LLC, Franklin Templeton <br> Investment Management Limited<br>| 0.98% | 0.00% | **0.98%** | 7.86% | 3.38% | 4.25% |
| Equity | **Putnam Variable Trust - Putnam VT** <br> **International Value Fund: Class IB**<br> Investment Advisor: Putnam Investment <br> Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., <br> Franklin Templeton Investment <br> Management Limited, The Putnam <br> Advisory Company, LLC<br>| 1.07% | 0.00% | **1.07%** | 5.21% | 6.81% | 5.46% |
| Equity | **Putnam Variable Trust - Putnam VT** <br> **Large Cap Value Fund: Class IB**<br> Investment Advisor: Putnam Investment <br> Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., <br> Franklin Templeton Investment <br> Management Limited<br>| 0.80% | 0.00% | **0.80%** | 19.14% | 12.45% | 10.88% |
| Equity | **Putnam Variable Trust - Putnam VT** <br> **Sustainable Leaders Fund: Class IB**<br> Investment Advisor: Putnam Investment <br> Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., <br> Franklin Templeton Investment <br> Management Limited<br>| 0.88% | 0.00% | **0.88%** | 23.02% | 13.72% | 13.50% |
| Equity | **Royce Capital Fund - Royce Micro-Cap** <br> **Portfolio: Investment Class**<br> Investment Advisor: Royce & Associates, <br> LP<br>| 1.18% | 0.00% | **1.18%** | 13.67% | 11.00% | 7.28% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Royce Capital Fund - Royce Small-Cap** <br> **Portfolio: Investment Class**<br> Investment Advisor: Royce & Associates, <br> LP<br>| 1.14% | 0.00% | **1.14%** | 3.40% | 7.18% | 5.63% |
| Equity | **Rydex Variable Trust - Banking Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.75%\* | 0.00% | **1.75%** | 23.11% | 5.15% | 6.15% |
| Equity | **Rydex Variable Trust - Basic Materials** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | -2.47% | 7.17% | 6.42% |
| Equity | **Rydex Variable Trust - Biotechnology** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | -1.40% | 2.11% | 3.52% |
| Commodities | **Rydex Variable Trust - Commodities** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.77%\* | 0.00% | **1.77%** | 8.29% | 6.11% | 0.05% |
| Miscellaneous | **Rydex Variable Trust - Dow 2x Strategy** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.79%\* | 0.00% | **1.79%** | 20.63% | 11.13% | 15.58% |
| Equity | **Rydex Variable Trust - Electronics Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | 16.13% | 21.13% | 19.69% |
| Equity | **Rydex Variable Trust - Energy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | 0.07% | 8.35% | 0.21% |
| Equity | **Rydex Variable Trust - Energy Services** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | -7.90% | 0.19% | -9.34% |
| Equity | **Rydex Variable Trust - Europe 1.25x** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.75%\* | 0.00% | **1.75%** | -3.00% | 3.80% | 3.52% |
| Equity | **Rydex Variable Trust - Financial** <br> **Services Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 22.26% | 9.03% | 8.33% |
| Alternative | **Rydex Variable Trust - Global Managed** <br> **Futures Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 2.11%\* | 0.00% | **2.11%** | 0.37% | 3.73% | 0.75% |
| Miscellaneous | **Rydex Variable Trust - Government** <br> **Long Bond 1.2x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.40%\* | 0.00% | **1.40%** | -12.45% | -10.37% | -4.04% |
| Equity | **Rydex Variable Trust - Health Care** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | 0.14% | 5.47% | 6.51% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Rydex Variable Trust - High Yield** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.67%\* | 0.00% | **1.67%** | 6.68% | 1.50% | 3.71% |
| Equity | **Rydex Variable Trust - Internet Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 23.40% | 8.91% | 10.93% |
| Miscellaneous | **Rydex Variable Trust - Inverse Dow 2x** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.78%\* | 0.00% | **1.78%** | -15.94% | -24.02% | -23.94% |
| Miscellaneous | **Rydex Variable Trust - Inverse** <br> **Government Long Bond Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 5.06%\* | 0.00% | **5.06%** | 16.91% | 7.26% | 1.10% |
| Miscellaneous | **Rydex Variable Trust - Inverse Mid-Cap** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.75%\* | 0.00% | **1.75%** | -6.36% | -11.74% | -10.57% |
| Miscellaneous | **Rydex Variable Trust - Inverse** <br> **NASDAQ-100® Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.79%\* | 0.00% | **1.79%** | -15.79% | -18.59% | -17.35% |
| Miscellaneous | **Rydex Variable Trust - Inverse Russell** <br> **2000® Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.76%\* | 0.00% | **1.76%** | -5.64% | -11.13% | -10.29% |
| Miscellaneous | **Rydex Variable Trust - Inverse S&P 500** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.75%\* | 0.00% | **1.75%** | -13.11% | -13.36% | -12.21% |
| Miscellaneous | **Rydex Variable Trust - Japan 2x** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.63%\* | 0.00% | **1.63%** | 1.01% | -1.35% | 6.25% |
| Equity | **Rydex Variable Trust - Leisure Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 16.50% | 4.77% | 6.43% |
| Allocation | **Rydex Variable Trust - Mid-Cap 1.5x** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.77%\* | 0.00% | **1.77%** | 15.26% | 9.51% | 7.12% |
| Alternative | **Rydex Variable Trust - Multi-Hedge** <br> **Strategies Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.82%\* | 0.00% | **1.82%** | -3.66% | 2.43% | 1.68% |
| Miscellaneous | **Rydex Variable Trust - NASDAQ-100®** <br> **2x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.87%\* | 0.00% | **1.87%** | 41.90% | 27.93% | 28.15% |
| Equity | **Rydex Variable Trust - NASDAQ-100®** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.70%\* | 0.00% | **1.70%** | 23.91% | 17.87% | 16.48% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Rydex Variable Trust - Nova Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.68%\* | 0.00% | **1.68%** | 32.76% | 16.37% | 15.44% |
| Equity | **Rydex Variable Trust - Precious Metals** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 8.12% | 4.01% | 6.67% |
| Equity | **Rydex Variable Trust - Real Estate Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 5.03% | 1.22% | 3.44% |
| Equity | **Rydex Variable Trust - Retailing Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 16.60% | 9.90% | 7.99% |
| Equity | **Rydex Variable Trust - Russell 2000®** <br> **1.5x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.81%\* | 0.00% | **1.81%** | 10.95% | 4.79% | 6.95% |
| Miscellaneous | **Rydex Variable Trust - Russell 2000®** <br> **2x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.87%\* | 0.00% | **1.87%** | 9.56% | 2.34% | 6.32% |
| Equity | **Rydex Variable Trust - S&P 500 2x** <br> **Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.86%\* | 0.00% | **1.86%** | 42.25% | 18.36% | 18.43% |
| Equity | **Rydex Variable Trust - S&P 500 Pure** <br> **Growth Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 26.67% | 9.44% | 9.23% |
| Equity | **Rydex Variable Trust - S&P 500 Pure** <br> **Value Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 10.84% | 6.32% | 5.99% |
| Equity | **Rydex Variable Trust - S&P MidCap 400** <br> **Pure Growth Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 16.15% | 8.58% | 6.25% |
| Equity | **Rydex Variable Trust - S&P MidCap 400** <br> **Pure Value Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 4.42% | 12.27% | 8.56% |
| Equity | **Rydex Variable Trust - S&P SmallCap** <br> **600 Pure Growth Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 8.19% | 4.21% | 5.62% |
| Equity | **Rydex Variable Trust - S&P SmallCap** <br> **600 Pure Value Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.64%\* | 0.00% | **1.64%** | 3.74% | 9.22% | 5.40% |
| Miscellaneous | **Rydex Variable Trust - Strengthening** <br> **Dollar 2x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 2.03%\* | 0.00% | **2.03%** | 21.01% | 6.23% | 4.68% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **Rydex Variable Trust - Technology** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.73%\* | 0.00% | **1.73%** | 23.97% | 16.19% | 15.82% |
| Equity | **Rydex Variable Trust -** <br> **Telecommunications Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.77%\* | 0.00% | **1.77%** | 15.73% | 1.71% | 3.07% |
| Equity | **Rydex Variable Trust - Transportation** <br> **Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 1.56% | 7.13% | 5.26% |
| Equity | **Rydex Variable Trust - Utilities Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 1.74%\* | 0.00% | **1.74%** | 19.86% | 4.09% | 6.09% |
| Miscellaneous | **Rydex Variable Trust - Weakening** <br> **Dollar 2x Strategy Fund**<br> Investment Advisor: Guggenheim <br> Investments<br>| 2.00%\* | 0.00% | **2.00%** | -13.21% | -7.24% | -6.27% |
| Equity | **T. Rowe Price Equity Series, Inc. - T.** <br> **Rowe Price Blue Chip Growth Portfolio:** <br> **II**<br> Investment Advisor: T. Rowe Price <br> Associates, Inc.<br>| 0.99% | 0.00% | **0.99%** | 35.17% | 14.18% | 14.48% |
| Equity | **T. Rowe Price Equity Series, Inc. - T.** <br> **Rowe Price Equity Income Portfolio: II**<br> Investment Advisor: T. Rowe Price <br> Associates, Inc.<br>| 0.98% | 0.00% | **0.98%** | 11.38% | 8.21% | 8.00% |
| Equity | **T. Rowe Price Equity Series, Inc. - T.** <br> **Rowe Price Health Sciences Portfolio: II**<br> Investment Advisor: T. Rowe Price <br> Associates, Inc.<br>| 1.10% | 0.00% | **1.10%** | 1.42% | 5.81% | 8.20% |
| Equity | **T. Rowe Price Equity Series, Inc. - T.** <br> **Rowe Price Mid-Cap Growth Portfolio: II**<br> Investment Advisor: T. Rowe Price <br> Associates, Inc.<br> Sub-Advisor: T. Rowe Price Investment <br> Management, Inc.<br>| 1.08% | 0.00% | **1.08%** | 9.04% | 7.35% | 9.85% |
| Fixed Income | **T. Rowe Price Fixed Income Series, Inc.** <br> **- T. Rowe Price Limited-Term Bond** <br> **Portfolio: II**<br> Investment Advisor: T. Rowe Price <br> Associates, Inc.<br>| 0.75%\* | 0.00% | **0.75%** | 4.70% | 1.72% | 1.56% |
| Equity | **Third Avenue Variable Series Trust -** <br> **Third Avenue Value Portfolio**<br> Investment Advisor: Third Avenue <br> Management LLC<br>| 1.30%\* | 0.00% | **1.30%** | -2.27% | 10.31% | 5.45% |
| Fixed Income | **VanEck VIP Trust - VanEck VIP** <br> **Emerging Markets Bond Fund: Initial** <br> **Class**<br> Investment Advisor: Van Eck Associates <br> Corporation<br>| 1.11%\* | 0.00% | **1.11%** | 2.77% | 2.18% | 2.03% |
| Equity | **VanEck VIP Trust - VanEck VIP Global** <br> **Gold Fund: Class S**<br> Investment Advisor: Van Eck Associates <br> Corporation<br>| 1.45%\* | 0.00% | **1.45%** | 14.41% | 5.46% | 6.69% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Equity | **VanEck VIP Trust - VanEck VIP Global** <br> **Resources Fund: Initial Class**<br> Investment Advisor: Van Eck Associates <br> Corporation<br>| 1.06% | 0.00% | **1.06%** | -2.83% | 7.54% | 0.82% |
| Allocation | **Vanguard Variable Insurance Fund -** <br> **Balanced Portfolio**<br> Investment Advisor: Wellington <br> Management Company, LLP<br>| 0.20% | 0.25% | **0.45%** | 14.80% | 8.18% | 8.37% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Capital Growth Portfolio**<br> Investment Advisor: PRIMECAP <br> Management Company<br>| 0.34% | 0.25% | **0.59%** | 13.41% | 11.86% | 12.37% |
| Allocation | **Vanguard Variable Insurance Fund -** <br> **Conservative Allocation Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.13% | 0.25% | **0.38%** | 7.49% | 4.04% | 4.90% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Diversified Value Portfolio**<br> Investment Advisor: Hotchkis and Wiley <br> Capital Management, LLC, Lazard Asset <br> Management<br>| 0.28% | 0.25% | **0.53%** | 14.89% | 12.24% | 9.76% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Equity Income Portfolio**<br> Investment Advisor: Wellington <br> Management Company, LLP; Vanguard <br> Group Inc. (Quantitative Equity Group)<br>| 0.29% | 0.25% | **0.54%** | 15.12% | 9.85% | 9.89% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Equity Index Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.14% | 0.25% | **0.39%** | 24.84% | 14.36% | 12.95% |
| Fixed Income | **Vanguard Variable Insurance Fund -** <br> **Global Bond Index Portfolio**<br> Investment Advisor: The Vanguard Group <br> Inc. (Vanguard Fixed Income Group)<br>| 0.13% | 0.25% | **0.38%** | 2.03% | -0.23% |  |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Growth Portfolio**<br> Investment Advisor: Wellington <br> Management Company, LLP<br>| 0.34% | 0.25% | **0.59%** | 33.14% | 15.96% | 14.67% |
| Fixed Income | **Vanguard Variable Insurance Fund -** <br> **High Yield Bond Portfolio**<br> Investment Advisor: Wellington <br> Management Company, LLP and <br> Vanguard Group, Inc. (Vanguard Fixed <br> Income Group)<br>| 0.24% | 0.25% | **0.49%** | 6.30% | 3.37% | 4.53% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **International Portfolio**<br> Investment Advisor: Baillie Gifford <br> Overseas Ltd.; Schroder Investment <br> Management North America, Inc.<br>| 0.31% | 0.25% | **0.56%** | 9.01% | 6.27% | 8.40% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Mid-Cap Index Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.17% | 0.25% | **0.42%** | 15.08% | 9.70% | 9.41% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Allocation | **Vanguard Variable Insurance Fund -** <br> **Moderate Allocation Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.13% | 0.25% | **0.38%** | 10.32% | 6.06% | 6.52% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Real Estate Index Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.26% | 0.25% | **0.51%** | 4.74% | 2.84% | 4.99% |
| Fixed Income | **Vanguard Variable Insurance Fund -** <br> **Short-Term Investment-Grade Portfolio**<br> Investment Advisor: The Vanguard Group <br> Inc. (Vanguard Fixed Income Group)<br>| 0.14% | 0.25% | **0.39%** | 4.89% | 1.97% | 2.24% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Small Company Growth Portfolio**<br> Investment Advisor: ArrowMark Partners; <br> The Vanguard Group, Inc. (Vanguard <br> Quantitative Equity Group)<br>| 0.29% | 0.00% | **0.29%** | 11.38% | 6.96% | 8.66% |
| Fixed Income | **Vanguard Variable Insurance Fund -** <br> **Total Bond Market Index Portfolio**<br> Investment Advisor: The Vanguard Group <br> Inc. (Vanguard Fixed Income Group)<br>| 0.14% | 0.25% | **0.39%** | 1.24% | -0.39% | 1.25% |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Total International Stock Market Index** <br> **Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.11% | 0.25% | **0.36%** | 5.06% | 4.23% |  |
| Equity | **Vanguard Variable Insurance Fund -** <br> **Total Stock Market Index Portfolio**<br> Investment Advisor: The Vanguard Group, <br> Inc. (Vanguard Equity Index Group)<br>| 0.13% | 0.25% | **0.38%** | 23.71% | 13.67% | 12.37% |
| Fixed Income | **Victory Variable Insurance Funds II -** <br> **Victory Pioneer Bond VCT Portfolio:** <br> **Class II (formerly, Pioneer Variable** <br> **Contracts Trust - Pioneer Bond VCT** <br> **Portfolio: Class II)**<br> Investment Advisor: Victory Capital <br> Management, Inc.<br>| 0.83% | 0.00% | **0.83%** | 3.02% | 0.43% | 1.73% |
| Equity | **Victory Variable Insurance Funds II -** <br> **Victory Pioneer Fund VCT Portfolio:** <br> **Class II (formerly, Pioneer Variable** <br> **Contracts Trust - Pioneer Fund VCT** <br> **Portfolio: Class II)**<br> Investment Advisor: Victory Capital <br> Management, Inc.<br>| 1.00% | 0.00% | **1.00%** | 22.31% | 14.86% | 13.05% |
| Equity | **Victory Variable Insurance Funds II -** <br> **Victory Pioneer Mid Cap Value VCT** <br> **Portfolio: Class II (formerly, Pioneer** <br> **Variable Contracts Trust - Pioneer Mid** <br> **Cap Value VCT Portfolio: Class II)**<br> Investment Advisor: Victory Capital <br> Management, Inc.<br>| 1.01% | 0.00% | **1.01%** | 10.64% | 9.02% | 6.91% |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* | **Average Annual**<br> **Total Returns**<br> *(as of 12/31/2024)* |
| **Type** | **Underlying Mutual Fund and Adviser/**<br> **Subadviser** | **Current**<br> **Expenses** | **Low Cost**<br> **Fund Platform**<br> **Fee**<sup>1</sup> | **Current**<br> **Expenses +**<br> **Low Cost**<br> **Fund Platform**<br> **Fee** | **1**<br> **year**<br>| **5**<br> **year**<br>| **10**<br> **year**<br>|
| Fixed Income | **Victory Variable Insurance Funds II -** <br> **Victory Pioneer Strategic Income VCT** <br> **Portfolio: Class II (formerly, Pioneer** <br> **Variable Contracts Trust - Pioneer** <br> **Strategic Income VCT Portfolio: Class** <br> **II)**<br> Investment Advisor: Victory Capital <br> Management, Inc.<br>| 1.07%\* | 0.00% | **1.07%** | 3.88% | 1.40% | 2.45% |
| Equity | **Virtus Variable Insurance Trust - Virtus** <br> **Duff & Phelps Real Estate Securities** <br> **Series: Class A**<br> Investment Advisor: Virtus Investment <br> Advisers, Inc.<br> Sub-Advisor: Duff & Phelps Investment <br> Management Co., an affiliate of VIA.<br>| 1.10%\* | 0.00% | **1.10%** | 10.92% | 5.58% | 6.12% |
| Fixed Income | **Virtus Variable Insurance Trust - Virtus** <br> **Newfleet Multi-Sector Intermediate** <br> **Bond Series: Class A**<br> Investment Advisor: Virtus Investment <br> Advisers, Inc.<br> Sub-Advisor: Newfleet Asset <br> Management, an operating division of <br> Virtus Fixed Income Advisers, LLC, an <br> affiliate of VIA.<br>| 0.94%\* | 0.00% | **0.94%** | 5.91% | 2.32% | 3.34% |
| Equity | **Virtus Variable Insurance Trust - Virtus** <br> **SGA International Growth Series: Class** <br> **A**<br> Investment Advisor: Virtus Investment <br> Advisers, Inc.<br> Sub-Advisor: Sustainable Growth <br> Advisers, LP, an affiliate of VIA.<br>| 1.14%\* | 0.00% | **1.14%** | -5.59% | 3.96% | 2.05% |

---

\*

This underlying mutual fund's current expenses reflect a temporary fee reduction.

<sup>1</sup>

Reflects the current Low Cost Fund Platform Fee. The maximum Low Cost Fund Platform Fee applicable for any Sub-account is 0.35%.

**Early Cut-Off Times** 

The following Investment Portfolios currently impose the following transfer cut-off times before the end of the Business Day:

**2:30 P.M.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Balanced Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Capital Growth Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Conservative Allocation Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Diversified Value Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Equity Income Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Equity Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Global Bond Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Growth Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - International Portfolio

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Mid-Cap Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Moderate Allocation Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Real Estate Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Short-Term Investment-Grade Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Small Company Growth Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Total Bond Market Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Total International Stock Market Index Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vanguard Variable Insurance Fund - Total Stock Market Index Portfolio

**2:55 P.M.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund Access VP High Yield Fund

**3:30 P.M.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Advisors Preferred Trust - Gold Bullion Strategy Portfolio

**3:45 P.M.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - High Yield Strategy Fund

**3:50 P.M.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Banking Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Basic Materials Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Biotechnology Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Commodities Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Consumer Products Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Electronics Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Energy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Energy Services Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Financial Services Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Health Care Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Internet Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Leisure Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Precious Metals Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Real Estate Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Retailing Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P 500 Pure Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P 500 Pure Value Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P MidCap 400 Pure Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P MidCap 400 Pure Value Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P SmallCap 600 Pure Growth Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P SmallCap 600 Pure Value Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Technology Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Telecommunications Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Transportation Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Utilities Fund

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Weakening Dollar 2x Strategy Fund

**3:55 P.M.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Asia 30

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Banks

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Bear

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Biotechnology

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Bull

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Communication Services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Consumer Discretionary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Consumer Staples

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Emerging Markets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Energy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Europe 30

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Falling U.S. Dollar

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Financials

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Government Money Market

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Health Care

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Industrials

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP International

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Internet

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Japan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Large-Cap Growth

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Large-Cap Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Materials

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Mid-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Mid-Cap Growth

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Mid-Cap Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP NASDAQ-100

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Pharmaceuticals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Precious Metals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Real Estate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Rising Rates Opportunity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Semiconductor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Short Emerging Markets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Short International

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Short Mid-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Short NASDAQ-100

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Short Small-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Small-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Small-Cap Growth

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Small-Cap Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Technology

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP U.S. Government Plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP UltraBull

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP UltraMid-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP UltraNASDAQ-100

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP UltraShort NASDAQ-100

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP UltraSmall-Cap

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ProFunds - ProFund VP Utilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Dow 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Europe 1.25x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Government Long Bond 1.2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse Dow 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse Government Long Bond Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse Mid-Cap Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse NASDAQ-100® Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse Russell 2000® Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Inverse S&P 500 Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Japan 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Mid-Cap 1.5x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - NASDAQ-100® 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - NASDAQ-100® Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Nova Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Russell 2000® 1.5x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Russell 2000® 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - S&P 500 2x Strategy Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rydex Variable Trust - Strengthening Dollar 2x Strategy Fund

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**Outside back cover page**

This summary prospectus incorporates by reference the statutory prospectus and Statement of Additional Information, both dated May 1, 2025, and both as supplemented July 1, 2025. The statutory prospectus and Statement of Additional Information may be obtained, free of charge, at https://nationwide.onlineprospectus.net/NW/C000148690NW/index.php.

Reports and other information about the Separate Account are available on the SEC's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

SEC Contract Identifier: C000263997

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