Baylor 457(b) Plan Policy

May 10, 2021

Baylor University offers a “457(b) Deferred Compensation Plan” (the “Plan”), which is designed to permit any participant who has maximized their 403(b) elective deferrals with an additional opportunity to save for retirement.

Overview of Revised Policy:

• This policy was revised to update the record-keeper, which is now TIAA.

• There are no changes to the terms of this plan with this update.