Number of Investment Options Offered All Plans Participants Maximizing Match <$1mm 24.9 22.0 Average Median 5.5 4.0 Average Median 24.3 22.0 Average Median Number of Investment Options Held by Participants All Plans <$1mm 5.4 4.0 Average Median Company Match Matching Contribution Offered l Annually l Quarterly l Monthly (non-pay-period) All Plans <$1mm $1mm-$5mm All Plans <$1mm $1mm-$5mm l Yes l No l Unsure/Don't know 'True-Up'11 76% 66% 73% 23% 33% 27% 0% 1% 1% Provision for Matching Contributions All Plans <$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 25.0 22.0 Average Median $1mm-$5mm 5.8 4.2 Average Median All Plans <$1mm $1mm-$5mm 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%) Unsure/Don't know Frequency of Matching Contributions All Plans <$1mm $1mm-$5mm 26% 40% 34% 27% 18% 21% 23% 14% 19% 12% 6% 12% 4% 8% 3% 4% 5% 9% 5% 5% 4% All Plans <$1mm $1mm-$5mm 14% 13% 15% 3% 0% 2% 6% 1% 1% 3% 2% 1% 2% 3% 2% 3% 77% 75% 75% 1% 1% All Plans <$1mm $1mm-$5mm All Plans <$1mm $1mm-$5mm l Yes l No l Unsure/Don't know All Plans <$1mm $1mm-$5mm 38% 24% 24% 42% 36% 42% 20% 40% 34% 11A true-up match may be used to restore matching contributions " lost " when an employee reaches the annual contribution limit prior to year end. l Immediately on enrollment l After <1 year from hire date l After 2 years from hire date l After 3 years from hire date l After 4 years from hire date l After 5 years from hire date l After 6 years from hire date l After >6 years from hire date 36% 39% 35% 4% 7% 5% 2% 13% 4% 5% 3% 4% 2% 8% 4% 19% 20% 22% 16% 15% 20% 1% 3% 2% planadviser.com January-February 2019 | 37http://www.planadviserdigital.com/planadviser/january_february_2019/TrackLink.action?pageName=37&exitLink=http%3A%2F%2Fplanadviser.com