Core Income Enrollment Booklet

AMENDMENT NUMBER ONE TO CORE INCOME ADVISORS, LLC 401(K) PLAN

SUMMARY PLAN DESCRIPTION MATERIAL MODIFICATIONS

I INTRODUCTION

This is a Summary of Material Modifications regarding the Core Income Advisors, LLC 401(k) Plan ("Plan"). Unless stated otherwise, the modifications described in this summary are effective as of September 1, 2016. This is merely a summary of the most important changes to the Plan and information contained in the Summary Plan Description ("SPD") previously provided to you. It supplements and amends that SPD so you should retain a copy of this document with your copy of the SPD. If you have any questions, contact the Administrator. If there is any discrepancy between the terms of the Plan, as modified, and this Summary of Material Modifications, the provisions of the Plan will control.

II SUMMARY OF CHANGES

1.

Employer Nonelective Contribution

If any related employers (related to the employer by common ownership) elect to participate in the Plan, the employees of those related employers may become participants. If this occurs, the related employers' nonelective contributions to the Plan will be made based on the same formula as applies to the employer.

2.

Allocation of Nonelective Contribution

If any related employers (related to the employer by common ownership) elect to participate in the Plan, the employees of those related employers may become participants. If this occurs, the related employers' nonelective contributions to the Plan will be allocated based on the same method as applies to the employer.. Any nonelective contribution made by a related employer will be allocated among all employees participating in the plan, regardless of which employer they work for.

3.

Participating Employer

The Plan allows other employers to adopt its provisions. Another Employer who has adopted the provisions of the Plan is:

Core Life LLC 81-3342317

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