AWARDS | 2020 PLANSPONSOR BEST IN CLASS 401(k) PLANS Best in Class vs. Other Plans Plan Measures 94.5% 79.3% 61.7% 35.9% 9.2% 7.0% Participation rate Plan Design 98.9% 63.6% 47.5% 40.2% Eligibility within 3 months Automatic enrollment Employer Contributions 85.7% 69.2% 47.0% 38.4% Match vested within 2 years True-up match contributions Financial Education Offered 89.0% 46.5% 82.4% 71.4% 60.4% 40.3% 23.4% Saving strategies Investing basics Credit/Debt management 21.8% 13.4% Saving for college Home buying 45.1% 3.3% No financial education 39.2% Investment committee Investment policy statement 76.0% 68.8% 50.0% 41.5% Fee equalization Investment advice offered Automatic escalation 46.3% 20.7% 24.4% Default deferral rate >3% Oversight Practices 100% Re-enrollment 28.4% Post-separation loan payments Average deferral rate Retirement confidence Roth provision Index funds n Best in Class 401(k) plans n All other 401(k) plans Investment Choices 96.8% 78.8% 62.7% 29.8% Managed account 100% 89.7% 100% 100% 83.9% 65.6% 100% 91.0% 80.9% 22 PLANSPONSOR.COM February - March 2020http://www.PLANSPONSOR.COM