Number of Investment Options Offered All Micro Participants Maximizing Match <$1mm 24.5 21.0 Average Median 6.5 5.0 Average Median 21.8 20.0 Average Median Number of Investment Options Held by Participants All Micro <$1mm 6.5 4.0 Average Median Company Match Matching Contribution Offered l Annually l Quarterly l Monthly (non-pay-period) All Micro <$1mm $1mm-$5mm All Micro <$1mm $1mm-$5mm l Yes l No l Unsure/Don't know 'True-Up'10 68% 63% 70% 30% 34% 29% 2% 3% 1% Provision for Matching Contributions All Micro <$1mm $1mm-$5mm l Twice monthly (non-pay-period) l Biweekly (non-pay-period) l Per pay period l Other When Participants Are 100% Vested $1mm-$5mm 25.3 22.0 Average Median $1mm-$5mm 6.4 5.0 Average Median All Micro <$1mm $1mm-$5mm Frequency of Matching Contributions All or nearly all participants (>90%) Vast majority (>75% - 90%) More than average (>50% - 75%) Less than average (>25% - 50%) A minority (10% - 25%) Very few (<10%) All Micro <$1mm $1mm-$5mm 32% 37% 31% 22% 20% 23% 16% 15% 17% 14% 11% 15% 6% 6% 8% 10% 6% 7% All Micro <$1mm $1mm-$5mm 16% 17% 16% 2% 3% 4% 5% 4% 3% 5% 4% 2% 3% 4% 5% 68% 66% 68% 2% 3% 2% All Micro <$1mm $1mm-$5mm l Yes l No l Unsure/Don't know All Micro <$1mm $1mm-$5mm 21% 20% 21% 46% 33% 10A true-up match may be used to restore matching contributions " lost " when an employee reaches the annual contribution limit prior to year-end. 51% 33% 47% 28% l Immediately on enrollment l After <1 year l After 2 years l After 3 years l After 4 years l After 5 years l After >5 years All Micro <$1mm $1mm-$5mm 38% 49% 35% 4% 5% 2% 2% 8% 6% 3% 3% 3% 2% 8% 3% 22% 16% 24% 23% 20% 24% planadviser.com january-february 2018 | 35http://www.planadviser.com