BlackRock Equity Market Index Fund

BlackRock Equity Market Index Fund

A Custom Client Separate Account

Second Quarter 2019 Fund Fact Sheet

Key Facts

Asset Class Primary Index Net Assets Net Expense Ratio

Mid Cap - Blend Russell MidCap Index

$484.6 Million 0.06%

Key Facts - Underlying

Investment Advisor Inception Date Morningstar Category Portfolio Manager(s)

BlackRock Advisors, LLC 06/30/1997

Mid-Cap Blend Management Team

Description / Objective The Separate Account (the "Fund") invests wholly in the BlackRock Institutional Trust Company, N.A. Extended Equity Market Fund "F" (the "C.I.T."), a collective investment fund. The C.I.T. is a broadly diversified index fund that invests in almost 3,000 stocks. The objective of the C.I.T. is to provide cost-effective exposure to stocks of medium-sized and small U.S. companies and to approximate the return of the Dow Jones U.S. Completion Total Stock Market Index. The Index represents approximately that 20% of the total U.S. equity market value not included in the S&P 500 Index.

Annual Performance

Fund

2018

-9.19%

2017

18.20%

2016

16.12%

2015

-3.25%

2014

7.49%

Primary Index There is no assurance the objectives will be met. -9.06% Small and mid-sized companies may present greater opportunities for capital appreciation, but 18.52% may also involve greater risks than larger companies. As a result, the value of stocks issued by 13.80% these companies may fluctuate more than stocks of larger issuers.

-2.44% C.I.T. Top Five Holdings As of 06/30/2019

13.22%

ServiceNow Inc Worldpay Inc Class A

1.00% 0.74%

Workday Inc Class A

0.66%

Tesla Inc

0.61%

T-Mobile US Inc

0.46%

Performance (%)

Cumulative Returns

As of 06/30/2019 Average Annual Total Returns

QTD

YTD

Since 1 Year 3 Year 5 Year 10 Year Inception

Fund Primary Index

3.04 19.62 2.29 13.28 7.88 14.68

--

4.13 21.35 7.83 12.16 8.63 15.16

Fund Fees Reflected in Performance. The Fund was established 6/30/1997. Performance results after April 1, 2016 are net of the total expense ratio of 0.06%. Performance results prior to April 1, 2016 are net of the total expense ratio of 0.13%. The underlying collective investment trust fund incurs indirect expenses which may include, among others, investment management, audit, custody, administration, and legal fees which are not reflected in the Net Expense Ratio but are reflected in the performance returns of the Fund. For more information on these charges, please contact you Prudential representative. Actual performance shown reflects the imposition of the foregoing expenses and the benefit of any commission recaptures. All performance results are net of the total expense ratio for this Fund.

Performance Risks. Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of this Fund and other plan investment options. The performance quoted represents past performance. The investment value and return will fluctuate so that an investment, when redeemed, may be worth more or less than original cost. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. For performance data current to the most recent month end, please call 877-778-2100. Actual performance may be affected by the manager not being able to invest directly in a country prior to satisfaction of that country's legal requirements. It is possible to lose money investing in securities. Past performance is not indicative of future performance and short periods of performance may be particularly unrepresentative of long-term performance.

Possibility of Contract Charges. Your retirement plan may have agreed to contract charges. If so, these would reduce the performance (and possibly the Morningstar ratings) shown above. Any contract charges are included in the expense ratio shown in your statement and in the performance shown in your statement. The Fund fees and contract charges compensate us for the distribution and servicing associated with your plan. Other plan investment options may generate more or less revenue for us than the fees associated with this Fund. If the aggregate revenue from your plan exceeds our associated costs, we earn a profit. Otherwise, we incur a loss. Other plans investing in the Fund may have lower fees, but these are not available to your plan in order to compensate us for distribution and plan servicing. The Separate Account. Your retirement plan purchases units of a Separate Account established and made available as an investment option under group variable annuity contracts issued by Prudential Retirement Insurance and Annuity Company ("PRIAC"), Hartford CT. The Separate Account holds the investment securities, and associated voting rights belong to the Separate Account. For tax purposes, PRIAC owns the assets in the Separate Account and receives any dividends-received deduction. Pursuant to CFTC Rule 4.5, PRIAC has claimed an exclusion from registration as a commodity pool operator with respect to the Fund. The investment guidelines for this Separate Account prohibit leverage.

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BlackRock Equity Market Index Fund

A Custom Client Separate Account

Second Quarter 2019 Fund Fact Sheet - Page 2

For more information, go to online/retirement or call toll-free 877-778-2100. Miscellaneous. Frequent exchanging of investment options may harm long-term investors. Policies may be in effect at the plan or the investment level to detect and deter exchanges that may be abusive. Such policies may require us to modify, restrict, suspend or terminate purchase or exchange privileges and impose redemption fees. Indices are unmanaged and cannot be invested in directly. See User Guide for index definitions and refer to the section entitled "Description of PRIAC Separate Accounts" for a description of PRIAC's role related to the type of fund described in this Fact Sheet. The index shown, if applicable, in the Characteristics chart refers to the Primary Index. Prudential Retirement's Role. This fund is not part of Prudential Retirement's Manager of Managers Program and Prudential Retirement does not assume any responsibility for the plan's decision to invest in the funds, to monitor their performance or to provide information regarding the funds. Each of those is the sole responsibility of the plan. To the extent Prudential Retirement provides such information, it makes no warranty as to the accuracy of such information and makes no undertaking to continue to provide such information unless Prudential Retirement agrees to continue to provide such information in writing.

? 2019 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.

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