What are your dreams?

Transcription

1 What are your dreams? For tomorrow? Next week? Next year? Retirement Plan Welcome Guide

2 Congratulations! You're eligible to participate in the Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan, one of the many benefits of working for Standard Motor Products. What's Inside... Your Plan at a Glance How to Enroll in Your Plan Participant Disclosure Notice Your Investment Choices Important Forms and Notices How to Manage Your Account This Welcome Guide highlights the features of your plan, one of the best and easiest ways you have to save for your retirement. You choose how much you want to contribute each pay period up to $17,500, the Internal Revenue Service (IRS) limit in 2013, and you choose how you want to invest your money. Recordkeeping and administrative services for the plan are provided by J.P. Morgan Retirement Plan Services LLC (J.P. Morgan); securities transactions for the plan may be introduced by J.P. Morgan Institutional Investments Inc. (JPMII). Member: FINRA/SIPC. J.P. Morgan and JPMII are affiliates of J.P. Morgan Chase & Co. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice. Diversification does not assure a profit nor does it protect against loss of principal. Diversification among investment options and asset classes may help to reduce overall volatility. J.P. Morgan Retirement Plan Services is proud to offer you our professional recordkeeping experience. We serve more than 200 retirement plans like yours and more than 1.7 million retirement plan participants. We offer a world-class Web site and highly-trained call center representatives for your convenience.

3 Your Plan at a Glance The Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan Your Employee Contributions You are automatically enrolled in the plan at a pretax contribution rate of 2% of eligible compensation unless you choose to opt out of the plan or you elect to contribute at a contribution percentage other than the automatic 2%. If you do not elect another deferral rate, the automatic 2% payroll deduction will increase by 0.5% each year. This increase will continue until you reach a 4% contribution rate or you elect another deferral percentage. You will be notified of these automatic increases. Pretax retirement plan contributions are deducted before you pay current income taxes. Investments grow tax-deferred and are taxed only when you take a distribution. You may contribute up to 90% of your eligible compensation, or up to the annual Internal Revenue Service (IRS) contribution limit of $17,500 in 2013, whichever is lower. Regular after-tax contributions are deducted after you pay income tax. The earnings in your regular after-tax account are subject to tax when you receive a distribution. You can contribute between 1% and 90% of your eligible compensation on an after-tax basis. These contributions are separate from your Roth 401(k) contributions, which are also made on an aftertax basis. Roth 401(k) contributions are after-tax contributions and are deducted after you pay current income taxes. A Roth 401(k) operates much like a Roth IRA except that, unlike a Roth IRA, a Roth 401(k) has no income limits that restrict participants from making contributions. Unlike regular after-tax contributions, you can receive the earnings in your Roth account taxfree if you have a qualified distribution. You can contribute between 1% and 90% of eligible compensation to the Roth 401(k) account or up to the annual Internal Revenue Service (IRS) contribution limit of $17,500 in 2013, whichever is lower. You must meet two conditions to have a qualified distribution and receive your Roth 401(k) earnings tax-free. First, the Roth 401(k) contribution account must have been in existence for at least five years. Second, the distribution must be made after you reach age 59½, die or become totally disabled. If you are age 50 or older, you may be able to make catch-up contributions to your account of up to $5,500 in Automatic payroll deduction withdraws your contributions directly from your paycheck on a pretax and after-tax basis depending upon whether you choose to make pretax, Roth 401(k) and regular after-tax contributions. Your total pretax and Roth 401(k) contributions cannot exceed 90% of eligible compensation or the annual IRS contributions imit, whichever is lower. Chris & Robin: A Story of Compounding Start early and put time and compounding on your side. It can make a surprising difference. Here s an example: Chris $737,000 Chris invests $200 a month from age 22 through age 41 and stops. His $48,000 investment has 23 more years to grow until he reaches 65. Robin waits, begins investing $200 a month at age 45, and continues until age 65. Her total investment is $48,000, too. Both accounts earn 8% a year. At 65, Chris s $48,000 investment has grown to $737,000, while Robin s totals just under $118,000. Robin s high cost of waiting? More than $619,000! Robin $118,000 Both examples assume 20 years of contributions, at $200 a month, with contributions made at the end of each month. Both assume an 8% annual rate of return compounded monthly, which is reinvested. The example is for illustration only and doesn t represent a particular investment product. This information is for education only and is not meant to provide investment advice _ENG_010001

4 Additional Employer Contributions Standard Motor Products makes an annual 3% 401(k) company contribution based on your compensation. You are 100% vested in the Standard Motor Products 401(k) company contribution. The company may, in addition to its 401(k) contribution, make a discretionary profit sharing contribution. This contribution will depend on the company s profitability during the year that it is made. The profit sharing contribution is subject to a 6 year vesting schedule. Vesting You are 100% vested in your contributions. This means the value of your contributions and earnings are yours when you leave the company, regardless of years of service. You are immediately vested in the Standard Motor Products 401(k) company contribution. You are 100% vested in the profit sharing contribution after six years of service. For a definition of a year of service, refer to your Summary Plan Description(SPD). Loans Your plan allows loans. For more information consult your plan s Summary Plan Description. Borrow up to 50% of your vested account balance (minimum $1,000; maximum $50,000). Pay back your account with interest. You may have one loan outstanding at a time. Take up to five years to pay back a general loan. Take up to 25 years to pay back a loan on your primary residence purchase. There is a $50 origination fee per loan. Withdrawals Your plan allows withdrawals. For more information consult your plan s Summary Plan Description. Hardship withdrawals are available for immediate and heavy financial needs (as defined by the plan). The minimum hardship withdrawal amount is $1,000. You may resume making contributions to your account six months after receiving a hardship withdrawal (as defined by the plan). In-service withdrawals are allowed from the plan in specific situations. One In-service withdrawal is allowed per plan year. Rollovers You can roll over account balances from another eligible retirement vehicle into the Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan. Rolling account balances into one account can simplify managing your retirement assets. Rollovers will be accepted at any time. Refer to the Rollover Application form in this guide for the rollover sources accepted by the plan. The Rollover Application is located in the back of this Welcome Guide. Make sure to fill out all required information, select your investment direction by choosing from the fund list, and mail your application to the address provided. Receiving a Distribution You may request a distribution when you retire, leave Standard Motor Products or become disabled. The plan document and IRS rules govern when you or your beneficiaries must begin receiving a distribution. You may be able to avoid current income taxes by rolling over this account to another eligible retirement plan or Individual Retirement Account (IRA). Additional Information The following information is available on request: A description of the annual operating expenses for each fund. Copies of any prospectus or financial report from the investment fund sponsors, if applicable. A list of the assets and a description of investment contracts, if applicable, for each fund. Current share values and net performance history for each fund. Current value of your retirement fund accounts. To obtain this information, call , or write to: J.P. Morgan Retirement Plan Services P.O Box Kansas City, MO Questions For specific details about plan benefits, contact your plan administrator for a copy of the Summary Plan Description. Call J.P. Morgan for information. Representatives are available weekdays between 8 a.m. and 9 p.m. Eastern Time TDD Number:

5 How to Enroll in Your Plan Participating in your plan is easy. Follow the simple steps below: 1. You will be automatically enrolled in your plan. The Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan includes an automatic enrollment feature that makes it easy for you to participate in the plan. See the Notice of Automatic Enrollment in this guide to learn more about your rights related to the plan s automatic enrollment feature. 2. Decide how much you want to contribute. You re automatically enrolled at the plan s default contribution rate, but you can contribute more, less or nothing to the plan. Your contributions are taken directly from your paycheck and your pretax contributions lower your taxable income for the year. See Your Plan at a Glance in this guide to see how much you can contribute. 4. Manage your account online or over the phone. To change your contribution rate or stop making contributions, log on to or call J.P. Morgan at The Web site is available 24 hours a day, seven days a week. Representatives are available weekdays between 8 a.m. and 9 p.m. Eastern Time. You can learn more about your plan online or by calling a representative. See the J.P. Morgan Retirement Plan Services contact information on the inside back cover of this guide. 3. Decide which funds you want to invest in from your plan s lineup. The plan lets you invest your account in a number of different funds, listed in the Your Investment Choices section found in this guide. If you have not made investment elections, your contributions are invested in the plan s default fund that most closely matches the year in which you are expected to retire, based on your date of birth and estimated retirement age of 65. See the Default Investment Notice in this guide to learn more about the plan s default investment.

6 Notes:

7 Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan Participant Disclosure Notice The following includes important information about your plan and the investments available through the plan. For additional information, access your account at: Contact information J.P. Morgan Retirement Plan Services between 8 a.m. and 9 p.m. Eastern Time (TDD) International: P.O. Box Kansas City, MO Section 404(c) The following describes important information regarding Section 404(c) of the Employee Retirement Income Security Act (ERISA). Please review this information carefully. To the extent possible, your retirement savings plan is intended to comply with Section 404(c). This means that if you direct the investment of your retirement savings plan accounts, plan fiduciaries, including your employer, may not be responsible for any losses relating to your investment choices. Because you are permitted to direct the investment of your retirement savings plan accounts, you are being provided with this information and the other materials in this guide to help you make informed investment decisions. Keep this information for future review when making changes in your investments. Please review all of the material provided to ensure that your current investment choices meet your personal investment objectives. Investment Choices A list of the funds available in your plan is included in the Your Investment Choices section. Making Investment Choices You can select or change the investment of your existing account balance, the investment of future contributions, or both, at any time by accessing your account online or by phone using the contact information provided. Your exchange privileges are subject to the abusive trading policies of the underlying funds, as disclosed in the fund s prospectus or fact sheet. Simply call J.P. Morgan Retirement Plan Services. Your order may require the plan trustee to actually buy or sell shares in the market. This transaction should take one day to settle. Trade Control Policy J.P. Morgan Retirement Plan Services policy states that if you exchange any amount out of certain investment options, such as mutual funds, you will not be permitted to purchase shares of the same investment option through investment transfer activity for 30 days. This restriction does not apply to investments made through your payroll contributions, loan repayments, employer contributions or rollover purchases. Standard Motor Products trade restriction policy allows you to change your investment election or transfer amounts held from one fund to another once each calendar month. Both policies will be in place, and the more restictive policy will govern. If you have questions regarding these policies call J.P. Morgan Retirement Plan Services or visit our Web site.

8 Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan Voting Rights Generally, any voting rights regarding the investment choices offered in your retirement savings plan will be exercised by the plan trustee, as directed by your employer. Designated Investment Manager Standard Motor Products has appointed J.P. Morgan Institutional Investments (JPMII), a registered investment advisor, to provide discretionary management through the J.P. Morgan Personal Asset Manager program. Fees and Expenses Retirement plans have different types of fees and expenses. Please keep in mind that fees are subject to change. Investment fees: Each investment has a fee associated with it to cover the cost of managing the investments. The fee is generally taken as a percentage of money invested and is shown as a gross expense ratio. A gross expense ratio represents the total fees you may pay as an investor in that fund. It is shown as a percentage of assets in the fund and reduces the rate of return of the fund. For more information about investment fees and expenses, see the Your Investment Choices section or access your account. Participant fees: An individual participant fee is charged separately to the accounts of individuals who choose to take advantage of a particular plan service. The following list includes the participant fees and expenses that could be charged, based on your usage. Your quarterly account statement will show any participant fees charged to your account. Participant Fees Fee Type Fee Detail Loan origination $50.00 Fee to initiate a new loan Overnight/express mail $25.00 Fee for each request for expedited delivery services Qualified Domestic Relations Order $ Fee to review a court-ordered domestic relations order

9 Standard Motor Products, Profit Sharing /401k Capital Accumulation Plan DC-STM Plan Number for the period ending December 31, 2011 Your Investment Choices The scale above provides a comparison of the risk and potential reward of the different types of investments offered in your plan. Generally, asset classes represented on the left side of the scale seek to protect principal investment. These more conservative investments, however, may not have the same potential for long-term growth as the other investment types offered in your plan. As you move toward the middle and to the right side of the scale, growth potential for the investment types increases, but so does the potential relative risk of the investments. To help you understand your options, a glossary of investment terms is available at in the Education Center. When choosing investments, it s important to consider what fits your personal situation, including: When do you need the money (are you retiring soon, or years from now)? How do you feel about risk? How are the investments affected by performance and fees? One rule of thumb is to subtract your age from the number 110. The answer is an example percentage of stocks that could be represented in your portfolio. How much up and down in your investments' performance can you tolerate? Fees and expenses are only one of several factors a participant should consider when making investment decisions. Fees and expenses are charged for managing the funds. Since there are different management styles, fees vary by investment and affect investment return. As a result, fees can substantially reduce the growth of your retirement savings. For an example of the long-term effect of fees and expenses, visit the Employee Benefit Security Administration s Web site at You may also want to think about whether an investment in a particular option, along with your other investments, will help you achieve your financial goals. The following section lists the investment options available through your plan and includes information about objectives, performance, fees, expenses and any applicable restrictions. Additional information is available online at To request paper copies of information available online, free of charge, contact J.P. Morgan Retirement Plan Services at or P.O. Box , Kansas City, MO The performance data contained herein represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares or units when redeemed may be worth less than their original cost. Historical performance included is illustrated net of any fund management fees. Current performance may be lower or higher than the return data quoted herein. For more current fund performance, including the most recent completed calendar month, please call The TDD number for those with a hearing impairment is

10 Variable return investments The following investment options do not have a fixed or stated rate of return. Performance is variable, based on market activity. ASSET CATEGORY Average Annual Returns (%) Asset Class as of December 31, 2011 Gross 10 Years/ Expense Gross Since Inception Ratio Expense Investment Name Ticker Year Years Years Inception* Date (%)** Per $1,000 Benchmark CASH ALTERNATIVES Stable Value JPMCB Stable Asset Income Fund-F /1/ $4.70 Citi Treasury Bill 3 Mon N This fund seeks to preserve the value of money invested, perform better than the average money market fund and earn consistent reliable returns. The fund invests in a variety of high quality, interest-paying securities offered with a companion investment contract called a benefit responsive wrap. BONDS Intermediate-Term Bond PIMCO Total Return-Inst PTTRX /11/ $4.60 BarCap US Agg Bond N The investment seeks total return consistent with preservation of capital. The fund normally invests at least 65% of assets in debt securities, including U.S. government securities, corporate bonds and mortgage-related securities. It may invest up to 30% of assets in securities denominated in foreign currencies. The fund may invest up to 10% of assets in high-yield securities rated B or higher. The portfolio duration generally ranges from three- to six-years. ASSET ALLOCATION Target Date JPMorgan SmartRetirement model portfolios Target date retirement funds are made up of multiple asset classes. They are professionally managed and offer a diversified investment in a single fund. These funds are meant to align with an expected retirement date. The funds will become increasingly more conservative as the target retirement date approaches. Participants may choose to invest in any of the other target retirement funds or any other investments in the lineup. As with all investments, the principal value of the fund(s) is not guaranteed at any time, including at the target date. JPMorgan SmartRetirement Income- Select JSRSX /15/ $9.20 S&P Target Date Retirement Inc N The investment seeks current income and some capital appreciation. The fund invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, real estate investment trust (REIT) funds, U.S. equity funds, international equity funds, commodities funds and money market funds. Because the fund is designed for investors who are retired or about to retire soon, the fund's adviser generally establishes a target allocation for the fund on an annual basis that emphasizes fixed income funds and invests, to a lesser extent, in U.S. equity funds and other types of funds. It may also invest in derivatives. JPMorgan SmartRetirement 2010-Select JSWSX /15/ $9.10 S&P Target Date N The investment seeks total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a fund of funds that invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, REIT funds, U.S. equity funds, international equity funds, commodities funds and money market funds. The adviser uses an asset allocation strategy designed for investors expecting to retire around the year 2010 (the target retirement date).

11 Variable return investments The following investment options do not have a fixed or stated rate of return. Performance is variable, based on market activity. ASSET CATEGORY Average Annual Returns (%) Asset Class as of December 31, 2011 Gross 10 Years/ Expense Gross Since Inception Ratio Expense Investment Name Ticker Year Years Years Inception* Date (%)** Per $1,000 Benchmark JPMorgan SmartRetirement 2015-Select JSFSX /15/ $9.60 S&P Target Date N The investment seeks total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a fund of funds that invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, REIT funds, U.S. equity funds, international equity funds, commodities funds and money market funds. It may also invest directly in securities and other financial instruments, including derivatives. The adviser uses an asset allocation strategy designed for investors expecting to retire around the year 2015 (the target retirement date). JPMorgan SmartRetirement 2020-Select JTTSX /15/ $9.90 S&P Target Date N The investment seeks total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a fund of funds that invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, REIT funds, U.S. equity funds, international equity funds, commodities funds and money market funds. It may also invest directly in securities and other financial instruments, including derivatives. The adviser uses an asset allocation strategy designed for investors expecting to retire around the year 2020 (the target retirement date). JPMorgan SmartRetirement 2030-Select JSMSX /15/ $10.80 S&P Target Date N The investment seeks total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a fund of funds that invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, REIT funds, U.S. equity funds, international equity funds, commodities funds and money market funds. It may also invest directly in securities and other financial instruments, including derivatives. The adviser uses an asset allocation strategy designed for investors expecting to retire around the year 2030 (the target retirement date). JPMorgan SmartRetirement 2040-Select SMTSX /15/ $11.20 S&P Target Date N The investment seeks total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is a fund of funds that invests in other J.P. Morgan Funds including fixed income funds, high yield and emerging markets debt funds, REIT funds, U.S. equity funds, international equity funds, commodities funds and money market funds. It may also invest directly in securities and other financial instruments, including derivatives. The adviser uses an asset allocation strategy designed for investors expecting to retire around the year 2040 (the "target retirement date"). STOCKS Large Blend Davis New York Venture-A NYVTX /17/ $8.90 S&P N 401

12 Variable return investments The following investment options do not have a fixed or stated rate of return. Performance is variable, based on market activity. ASSET CATEGORY Average Annual Returns (%) Asset Class as of December 31, 2011 Gross 10 Years/ Expense Gross Since Inception Ratio Expense Investment Name Ticker Year Years Years Inception* Date (%)** Per $1,000 Benchmark The investment seeks long-term growth of capital. The fund invests the majority of assets in equity securities issued by large companies with market capitalizations of at least $10 billion. It has the flexibility to invest a limited portion of assets in companies of any size, to invest in companies whose shares may be subject to controversy, to invest in foreign securities, and to invest in nonequity securities. Vanguard Institutional Index VINIX /31/ $0.40 S&P N The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up Standard & Poor's 500 Index, which is a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. Large Growth W.P. Stewart & Co Growth Fund /7/ $8.00 S&P N The investment seeks long term capital growth. To achieve its objective, the fund invests in a focused portfolio of high quality companies with earnings growth that the fund believes will outperform the S&P 500. Foreign Large Blend American Funds EuroPacific Growth-R4 REREX /7/ $8.50 MSCI AC World Ex USA GR N The investment seeks to provide long-term growth of capital. The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser believes have the potential for growth. Growth stocks are stocks that the investment adviser believes have the potential for above-average capital appreciation. It normally invests at least 80% of net assets in securities of issuers in Europe and the Pacific Basin. The fund may invest a portion of its assets in common stocks and other securities of companies in countries with developing economies and/or markets. Mid-Cap Growth JPMorgan MidCap Equity-Select VSNGX /31/ $12.80 Russell Mid Cap N The investment seeks long-term capital growth. The fund normally invests at least 80% of assets in equities of mid-capitalization companies. Mid-cap companies are companies with market capitalizations equal to those within the universe of the Russell MidCap Index securities at the time of purchase. The fund is not diversified. Small Blend ING Small Company-I AESGX /4/ $12.00 Russell N 405

13 Variable return investments The following investment options do not have a fixed or stated rate of return. Performance is variable, based on market activity. ASSET CATEGORY Average Annual Returns (%) Asset Class as of December 31, 2011 Gross 10 Years/ Expense Gross Since Inception Ratio Expense Investment Name Ticker Year Years Years Inception* Date (%)** Per $1,000 Benchmark The investment seeks growth of capital. The fund normally invests at least 80% of assets in common stocks of small-capitalization companies. It may invest to a limited extent in foreign equities. It may also lend portfolio securities on a short-term or long-term basis, up to 33 1/3% of assets. The fund may invest in derivative instruments. For more complete information about any of the mutual funds available within the retirement plan, please call The TDD number for those with a hearing impairment is Investors should carefully consider the investment objectives, risks, charges and expenses of the fund. Please carefully read the prospectus which contains this and other important information before you invest or send money. *10 year performance is shown unless the life of the fund is less than 10 years in which case inception- to- date performance is provided. **Expense ratios provided are the funds' total annual operating expense ratios, gross of any fee waivers or expense reimbursement. Recordkeeping and administrative services for the retirement plan are provided by J.P. Morgan Retirement Plan Services LLC (J.P. Morgan); securities transactions for the retirement plan may be introduced by J.P. Morgan Institutional Investments Inc. (JPMII), member FINRA/SIPC. J.P. Morgan and JPMII are affiliates of JPMorgan Chase & Co. and receive fees for providing services to the retirement plan. Investments in the funds are not deposits of, or guaranteed or endorsed by J.P. Morgan Chase. The shares are not insured by the FDIC, Federal Reserve Board or any other government agency. Investments in funds involve risk, including possible loss of the principal amount invested. Returns and share prices will fluctuate, and redemption value may be more or less than original cost. J.P. Morgan Retirement Plan Services LLC and its affiliates and agents may receive compensation with respect to plan investments, including, but not limited to, sub-transfer agent, recordkeeping, shareholder servicing, 12b-1 or other revenue-sharing fees. The JPMCB Stable Asset Income Fund-F is not federally guaranteed and may lose value. Stable Value (Asset) funds have interest rate, inflation, and credit risks that are associated with the underlying assets owned by the Fund. The strength of the wrap contracts is dependent on the financial strength of the financial institutions issuing the contracts. Bond funds have the same interest rate, inflation, and credit risks that are associated with the underlying investments owned by the Fund. Interest rate risk means that as interest rates rise, the prices of bonds will generally fall, and vice versa. Inflation risk is the risk that the rate of return on an investment may not outpace the rate of inflation. Credit risk is the risk that issuers and counterparties will not make payments on securities and investments held by the Fund. Securities rated below investment grade are called "High-yield bonds", "non-investment-grade bonds", "below investment-grade bonds" or "junk bonds". They generally are rated in the fifth or lower rating categories of Standard & Poor s and Moody s Investors Service. Although high yield bonds have higher return potential, they are also subject to greater risks, including the risk of default, when compared to higher-rated securities. Although high yield bonds have higher return potential, they are also subject to greater risks, including the risk of default, when compared to higher-rated securities. J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA/SIPC. International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the U.S. or other nations. The risk of investing in foreign countries is heightened when investing in emerging markets. In addition, the small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Also, emerging markets may not provide adequate legal protection for private or foreign investments or private property. Small- and mid-capitalization funds typically carry more risk than stock funds investing in well-established "blue-chip" companies because smaller companies generally have a higher risk of failure. Historically, smaller companies' stock has experienced a greater degree of market volatility than the average stock.

14 The Commingled Pension Trust Fund (JPMCB Stable Asset Income Fund-F) of JPMorgan Chase Bank N.A. is a collective trust fund established and maintained by JPMorgan Chase Bank, N.A. under a declaration of trust. The fund is not required to file a prospectus or registration statement with the SEC, and accordingly, neither is available. The fund is available only to certain qualified retirement plans and governmental plans and is not offered to the general public. Units of the fund are not bank deposits and are not insured or guaranteed by any bank, government entity, the FDIC or any other type of deposit insurance. You should carefully consider the investment objectives, risk, charges, and expenses of the fund before investing. The W.P. Stewart & Co Growth is not a registered investment product but a separate account created specifically for the Plan. Separate accounts are not required to file a prospectus or registration statement with the SEC and accordingly neither is available. The fund is managed by W.P. Stewart Asset Management Ltd. W.P. Stewart Asset Management Ltd is not affiliated with J.P. Morgan Retirement Plan Services LLC. Certain underlying Funds of the JPMorgan SmartRetirement model portfolios may have unique risks associated with investments in foreign/emerging market securities, and/or fixed income instruments. International investing involves increased risk and volatility due to currency exchange rate changes, political, social or economic instability, and accounting or other financial standards differences. Fixed income securities generally decline in price when interest rates rise. Real estate funds may be subject to a higher degree of market risk because of concentration in a specific industry, sector or geographical sector, including but not limited to, declines in the value of real estate, risk related to general and economic conditions, changes in the value of the underlying property owned by the trust and defaults by the borrower. The fund may invest in futures contracts and other derivatives. This may make the Fund more volatile. The gross expense ratio of the fund includes the estimated fees and expenses of the underlying funds. A fund of funds is normally best suited for long-term investors. Some of the data contained in this communication may have been obtained from Standard & Poor's (S&P) 2012 The McGraw-Hill Companies, Inc. S&P is a division of The McGraw-Hill Companies, Inc. Copyright 2011, Citigroup Index LLC ("Citi Index"). All rights reserved. "Citigroup" is a registered trademark and service mark of Citigroup Inc. or its affiliates, is used and registered throughout the world.citi Index data and information is the property of Citi Index or its licensors, and reproduction in any form is prohibited except with the prior written permission of Citi Index. Because of the possibility of human or mechanical error, Citi Index does not guarantee the accuracy, adequacy, timeliness, completeness or availability of any data and information and is not responsible for any errors or omissions or for the results obtained from the use of such data and information. CITI INDEX GIVES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall Citi Index be liable for damages of any kind in connection with any use of the Citi Index data and information. There is no guarantee that companies that can issue dividends will declare, continue to pay, or increase dividends. DC-STM

15 . Standard Please tear form off from perforation Motor Products Profit Sharing/401(k) Capital Accumulation Plan Rollover Application 1 Your Personal Information (please use ink and print in capital letters) Plan TT/ROLLIN For JPM use only Social Security Number Daytime Phone Number Evening Phone Number Last Name First Name MI Address City State Zip - Address 2 Rollover Information Please answer the following questions regarding your rollover contribution: A. Please check plan type: 401(a)/401(k) 457(b) 403(b) Rollover IRA Traditional IRA B. Does your rollover contain any after-tax contributions? yes no Please see below for more information on eligible rollover contributions. C. Does your rollover contain any Roth 401(k) contributions? yes no D. What is the approximate amount of your rollover contribution? $ E. Prior employer plan name: (if applicable),,. The plan will accept rollovers from the following sources: Contributions from a prior employer s plan from the following sources: After-tax contributions Roth 401(k) contributions An eligible rollover distribution from a prior employer s plan of the following type: Qualified 401(a) plan, including a 401(k) plan 457(b) deferred compensation plan of a government entity 403(b) plan (sometimes called a tax sheltered annuity) A rollover IRA (one that contains a distribution from a prior employer s plan) A traditional IRA (but not a Roth IRA or a nondeductible IRA) For specific questions concerning whether or not your distribution qualifies as an eligible rollover distribution, please contact your former plan administrator. AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved. Continued on the next page >>>

16 Rollover Application 3 Your Investment Choices Plan TT/ROLLIN For JPM use only You must indicate below how you want your Rollover contributions invested. Choose one or any combination of the choices below. The percentages must be whole numbers, not fractions, and total 100%. You can create your own portfolio from any combination of the available funds. I am currently enrolled in the J.P. Morgan Personal Asset Manager program. I understand that my rollover contribution will be managed through the program. Information about the J.P. Morgan Personal Asset Manager program, including how the program works and applicable fees, is enclosed in this guide. I am not enrolled in the J.P. Morgan Personal Asset Manager program. Please invest my rollover contribution as indicated below. (You can choose one or any combination of the choices below. The percentages must be in whole numbers, not fractions or decimals, and total 100%.) Investment Options All Contributions Investment Options All Contributions Cash Alternatives JPMorgan SmartRetirement 2030-Select % JPMCB Stable Asset Income Fund-F % JPMorgan SmartRetirement 2040-Select % Bonds Stocks PIMCO Total Return-Inst % Davis New York Venture-A % Asset Allocation Vanguard Institutional Index % JPMorgan SmartRetirement Income-Select % W.P. Stewart & Co Growth Fund % JPMorgan SmartRetirement 2010-Select % American Funds EuroPacific Growth-R4 % JPMorgan SmartRetirement 2015-Select % JPMorgan MidCap Equity-Select % JPMorgan SmartRetirement 2020-Select % ING Small Company-I % 100% Check Instructions The check for your rollover must be a certified check or cashier s check, or a check drawn on a financial institution. Write the last 4 digits of your Social Security number on the check. The check should be made payable as follows: Trustee for Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan FBO (print your name) Send your check, Rollover Application and Rollover Certification to: J.P. Morgan: P.O. Box Kansas City, MO You may also send them by overnight mail to the following address: J.P. Morgan Retirement Plan Services Outlook Street Overland Park, KS Call J.P. Morgan at if you have questions about this process. Representatives are available to help you weekdays between 8 a.m. and 9 p.m. Eastern Time. The TDD number for those with a hearing impairment is Visit us at AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved.

17 . Please tear form off from perforation Rollover Application Plan TT/ROLLIN For JPM use only Your Signature 4 I certify that the information provided above is accurate. I understand that I am permitted to direct the investment of my accounts in the plan, as outlined in Section 404(c) of ERISA. I acknowledge that I have received and reviewed the information in my Welcome Guide about my investment choices and have had an opportunity to freely choose how my accounts are invested. I understand and agree that, under Section 404(c), my employer and other plan fiduciaries will not be liable for the results of my investment directions. All funds rolled into Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan are subject to the terms of Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan. X Your Signature / / Date (mm/dd/yyyy) For more complete information about any of the mutual funds available within the retirement plan, please call Investors should carefully consider the investment objectives, risks, charges and expenses of the fund. Please carefully read the prospectus, which contains this and other important information, before you invest or send money. Recordkeeping and administrative services for the plan are provided by J.P. Morgan Retirement Plan Services LLC (J.P. Morgan); securities transactions for the plan may be introduced by J.P. Morgan Institutional Investments Inc. (JPMII). Member FINRA/SIPC. J.P. Morgan and JPMII are affiliates of J.P. Morgan Chase & Co. J.P. Morgan Institutional Investments Inc. (JPMII) has hired Financial Engines Advisors L.L.C. ( FEA ) to provide sub-advisory services. JPMII is a federally registered investment advisor. FEA, a federally registered investment advisor and wholly owned subsidiary of Financial Engines Inc., is an independent company that is not affiliated with J.P. Morgan Retirement Plan Services LLC or JPMII. Neither JPMII, FEA, or its affiliates guarantee future results. Financial Engines is a registered trademark of Financial Engines, Inc. All other marks are the exclusive property of their respective owners Financial Engines, Inc. All rights reserved. Used with permission. J. P. Morgan Retirement Plan Services provides plan recordkeeping and administrative services. AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved.

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19 Please tear form off from perforation Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan Rollover Certification 1 Your Personal Information (please use ink and print in capital letters) Plan TT/ROLLIN For JPM use only Social Security Number Daytime Phone Number Evening Phone Number Last Name First Name MI Address City State Zip - Address 2 Rollover Information If you are rolling money from a prior employer s plan, please complete section A ONLY. If you are rolling money from another plan within 60 days after you received a distribution, please complete section B ONLY. If you are rolling money from an IRA, please complete section C ONLY. A Certification of Rollover From Prior Employer Your prior employer s plan administrator must complete and sign this section and return this form to you. Prior Employer - - Prior Employer s Plan Name Please check plan type: 401(a)/401(k) 457(b) 403(b) Rollover IRA Traditional IRA Does your rollover contain any after-tax contributions? no yes amount $ (not including Roth 401(k) contributions) Prior Employer s Phone,,. Is this a rollover from a Roth 401(k) account? no yes If yes, please attach your prior employer s Roth 401(k) account distribution statement, or complete the following: This is a Qualified Distribution -or- This is not a Qualified Distribution. Indicate the following: Year of first Roth 401(k) contribution: Indicate amount of basis: $,,. I certify that, to the best of my knowledge, the rollover distribution being made from the plan identified above is an eligible rollover distribution as defined under the Internal Revenue Code. Plan administrator s Last Name Plan administrator s First Name MI - - X Plan administrator s Title Plan administrator s signature AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved. Plan administrator s Phone / / Date (mm/dd/yyyy) Continued on the next page >>>

20 Rollover Certification Plan TT/ROLLIN For JPM use only Rollover Information (continued) B Certification of Rollover from Another Plan within 60 Days of Distribution You, the participant, must complete this section. I certify that all funds being rolled over were received in a distribution within the last 60 days from the plan identified below. None of the funds are after-tax amounts. Distributing plan: Name of employer Plan name Please check plan type: 401(a)/401(k ) 403(b ) 457(b) Is this a rollover of earnings from a Roth 410(k) account? yes no If yes, a separate Roth 401(k) rollover account will be established for you Note: If you received a distribution from a Roth 401(k) account, you may not roll over the Roth 401(k) contributions or any portion of a qualified distribution, only the earnings received in a nonqualified distribution. I have documentation that can prove each of these statements and agree to provide this documentation to the plan upon request. I understand that the plan will rely on the truth of these certifications and that if any of these certifications are false, there may be severe financial consequences to me and to the plan. In consideration for the acceptance of my rollover contribution, I agree to be financially responsible for these consequences. X Participant s signature / / Date (mm/dd/yyyy) C Certification of Rollover From Your IRA You, the participant, must complete this section. I certify that all funds this plan will receive are from an IRA account and are eligible for rollover to this plan. I specifically certify that (check one or both): Rollover IRA: The only contribution made to my rollover IRA was an eligible rollover distribution from a retirement plan maintained by my prior employer. Traditional IRA: The only money being rolled over is from deductible IRA contributions and their earnings. No non-deductible contributions or amounts attributable to Roth IRAs are included. To the best of my knowledge, my IRA is qualified under Section 408 of the tax code. I have documentation that can prove each of these statements and agree to provide this documentation to the plan upon request. I understand that the plan will rely on the truth of these certifications and that if any of these certifications are false, there may be severe financial consequences to me and to the plan. In consideration for the acceptance of my rollover contribution from my rollover IRA or traditional IRA, I agree to be financially responsible for these consequences. X Participant s signature / / Date (mm/dd/yyyy) 3 Where to Send Your Form Once you receive this completed form from your prior plan administrator, return it with the check and your completed rollover application to J.P. Morgan Retirement Plan Services, P.O. Box , Kansas City, MO AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved.

21 Detach this envelope and enclose your Retirement Forms today!

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23 Default Investment Notice If you participate in the Standard Motor Products Profit Sharing/401(k) Capital Accumulation Plan, you have the right to elect in which of the Plan s available investment options any contributions made to the plan on your behalf are invested. These contributions may be employer contributions or your own contributions. If you fail to make an investment election, the plan has designated a default investment option in which such contributions will be invested. These contributions and any associated earnings will generally remain in the default investment option until you elect to transfer them to another investment option. Your plan contributions may be in the default investment if you were automatically enrolled through the plan s automatic enrollment feature. Read the enclosed Notice of Automatic Enrollment for more information on this feature. The default investment option used by the Plan is intended to satisfy the Department of Labor s rules for a qualified default investment alternative (QDIA). The investment option uses generally accepted investment theories and is intended to be diversified among both stocks (equities) and fixedincome investments. The QDIA rules specify that, because you have an option to make an investment election, your employer and other plan fiduciaries are protected from liability under the Employee Retirement Income Security Act of 1974 (ERISA) for placing your contributions in the default investment option if you do not make an investment election. This notice is to inform you of your rights as a participant to make another investment election. The Plan s default investment is a target retirement date asset allocation fund. See the fund s investment objective, risk and return characteristics and fees and expenses below. Based on your age, you can identify which fund was chosen as your default investment fund in the chart below. If you were born: Your default investment is: Gross expense ratio % June 30, 1942 and earlier JPMorgan SmartRetirement Income-Select 0.90% July 01, June 30, 1947 JPMorgan SmartRetirement 2010-Select 0.91% July 01, June 30, 1952 JPMorgan SmartRetirement 2015-Select 0.95% July 01, June 30, 1960 JPMorgan SmartRetirement 2020-Select 0.99% July 01, June 30, 1970 JPMorgan SmartRetirement 2030-Select 1.07% July 01, 1970 and later JPMorgan SmartRetirement 2040-Select 1.14% Investment objective The funds are target retirement date funds geared toward investors who plan to begin withdrawing their retirement money in or around the year designated in the name of the retirement fund. Each dated fund is designed to have an investment risk that is appropriate for a person retiring around that date. Generally, the asset allocation of each fund will change on an annual basis with the asset allocation becoming more conservative as the fund nears the target retirement date. Each dated fund is a diversified portfolio, investing in a mixture of stocks, bonds and capital preservation investments. The dated funds seek total return based on the target date, with a shift to current income and some capital appreciation over time as the funds approach and pass the target retirement dates. Participants may choose to invest in any of the target retirement funds or any other investments in the lineup. As with all investments, the principal value of the fund(s) is not guaranteed at any time, including at the target date. Risk and return characteristics Generally, funds with target retirement dates further into the future will hold more stock investments versus capital preservation investments. Stock investments may experience greater volatility in the short term compared with bonds or capital preservation investments, but they have the potential for higher returns over the long term. More information about your investment choices As noted, you have the right to choose where your contributions will be invested. Instead of the default investment, you can choose any investment or combination of investments offered in the plan. This right exists at the time contributions are made to the plan on your behalf or at any later date. For instance, if you let your contributions be deposited into the default investment, you may choose to transfer all or any portion of your balance out of that fund at a later date, or choose to have your future contributions invested in a different fund. Before you invest in a fund or transfer out of a fund, carefully read the fund information on or request the fund information from J.P. Morgan Retirement Plan Services at Some funds may have redemption fees or other restrictions AE-STM J.P.Morgan Retirement Plan Service LLC. all rights reserved.