plan review reporting package plan review package is a consolidated overview of plan level data that...

PLAN REVIEW PACKAGE USER GUIDE

Plan Review Package User Guide June 2016 of 31

PRBO3

INTRODUCTION

The Plan Review package is a consolidated overview of plan level data that includes executive summary dashboards, plan asset analysis, participant utilization and demographic detail, in addition to various transaction details, all with year-over-year comparisons. Information is displayed in graphic representation as well as tabular formats. The package will be delivered in one document that can be exported to Adobe Acrobat PDF. Additionally, the plan’s Investment Returns document can be requested in conjunction with Plan Review. Reporting is available to be ordered for the plan’s statement period end dates and will display up to three years of historical data. To order the Plan Review report, plan level security-level access is required and will be available to only those users who have unrestricted access to that plan. Users with access to only designated subsets will be unable to order the package.

Ordering the Plan Review package is as easy as entering the plan number and selecting a statement end date from a drop-down list for the previous 12-month period. The user can further customize the Plan Review cover page by selecting a specific advisor or report preparer contact from the drop-down list, in addition to choosing the option to number the pages. Additional Age/Gender Data and Investment Return reporting can also be selected.

When the report has completed, the Plan Review package can be accessed from the Manage My Report Requests section of the Plan Service Center or PartnerLink Reports tab. To view and print the report with proper file layout and graphics, the report should always be exported and downloaded as an Adobe Acrobat (PDF) file.

PLEASE NOTE:

The following User Guide and sample Plan Review Package report illustrations include references to all services and features that are available on our record keeping system. While a particular Line of Business or Partner may not offer every service or feature, these services and features will be noted within the User Guide as “as applicable.”

Pages that are included when ordering Age/Gender Data are notated as such.

Industry benchmarks will be updated as soon as statistics are made available. Those included in the sample Plan Review Package report in this User Guide are for illustrative purposes only and may not be the most current available.

REPORT OUTPUT

Section Report Item (number of data periods, applicability in parenthesis)

Cover Page

Plan Information

Advisor or Report Preparer’s Information (Optional)

Table of Contents

Displays the sections ordered for your report

Executive Summary Plan Assets (3)

Plan Asset Balance

Account Reduction Loan Balance

Total Plan Asset Balance

Collateral Loan Balance (as applicable) Cash Flow (3)

Contributions

Distributions

Net Cash Flow



PRBO3

Participants (3)

Eligible Employees

Participants Contributing

Active Participants with Balances

Terminated Participants with Balances

Participants with Loan Balances Plan Utilization (3)

Participation Rate

Average Participant Paycheck Contribution Percentage Rate

Average Participant Paycheck Contribution Dollar Amount

Average Participant Contribution Amount

Average Participant Balance

Investment Options in Plan with a Balance Plan Assets Plan Asset History (3) Percentage Change in Plan Assets (3) Number of Investment Options Offered by the Plan (1) Asset Allocation Overview of Plan Holdings by Investment Option and Broad Asset Class (2)

Amount and Percentage of Holdings in Each Investment Option

Number of Participants Allocating to Each Investment Option

Identification of the Plan’s Current Default Investment Election(s) Asset Allocation by Age (1)

Percentage of Holdings by Asset Class for Forfeitures and Participant Assets Percentage of Holdings by Broad Asset Class and Age Plan Utilization Average Participation Rate by Age (3) Participation Rate (1) Number of Participants with Defaulted Investment Elections (1) Average Participant Contribution Amount by Age (3)

Average Participant Paycheck Contribution Rate (1) Average Participant Paycheck Contribution Amount (1)

Average Contribution Amount by Age (3) Participant Details Average Participant Balance (3) Average Number of Investment Options Held by Participants (1) Average Participant Balance by Age (3) Contributions Contributions by Money Type (3) Overview of Contributions by Investment Option and Broad Asset Class (2)

Amount and Percentage of Contributions in Each Investment Option

Number of Participants Contributing to Each Investment Option

Identification of the Plan’s Current Default Investment Election(s) Distributions Reasons for Distribution (1) Distribution Counts, Amounts, and Percentages Rolled Over / Transferred (3)

Comparison of Rollovers / Transfers Versus Payment to Self for Three Common Distribution Reasons (1)

Loans Total Outstanding Loan Balance (3,5) Number of Outstanding Loans (1) New and Defaulted Loan Numbers and Amounts (3)

Number of Participants with an Outstanding Loan and Average Outstanding Loan Balance (1)

Percentage of Participants with an Outstanding Loan Balance (1)

Web Site Activity Reflecting Plan Totals, Inquiries and Account Changes (3)



PRBO3

Voice Response Activity Reflecting Plan Totals, Inquiries and Account Changes (3)

Services Offered Dashboard of Plan Utilization of Available Administrative Services and Features (Dynamic by Line of Business/Partner) (1)

Glossary of Terms Descriptions of Terms Frequently Used Throughout the Plan Review Reporting Package

Notes:

(1) Reporting period as of current reporting period end date (2) Reporting period as of current reporting period end date and the prior year-end (3) Reporting period as of current reporting period end date and two consecutive prior year-ends

(5) Only Displayed if Utilized by Plan

FREQUENTLY ASKED QUESTIONS

Q: How do I save a report to my desktop? A: When the report is first displayed on the screen, it appears with Crystal Reports’ formatted text and graphics. An export icon in the upper upper-left hand corner of the display allows the report to be exported in several different formats. To view and print the report with proper file layout and graphics, the report should always be exported and downloaded (saved) as an Adobe Acrobat (PDF) file. To download the Investment Returns document, if it was included at the time the report was ordered, click on “View” next to the applicable report. The document will open in a new browser window, which can then be saved as needed.

Q: Can I run this report for multiple plans? A: This report is available for a single plan only. Q: Who is the intended audience? A: The Plan Review reporting package is suitable for clients with all plan sizes. The charts and graphs are scalable to accommodate varying assets, number of participants, plan metrics, etc. Q: Is there a minimum time period that must be met before I am able to order the report? A: There is no minimum time period that needs to be met to order a report. Requirements are that the report end date must be a plan statement period date and that the statements for the plan have been generated for that period. Historical data will be displayed for the prior two plan year-ends OR as long as the plan has been on the record keeping system, whichever is most recent. Q: Why doesn’t the Plan Review reporting data exactly match my Plan Summary (Trust Statement) information? A: Although the Plan Review and Plan Summary reports share many like metrics, the Plan Summary report stores transactions and assets as of the statement period end date, while the Plan Review will provide transactions and assets as of the same statement period end date but can also include any activity made retroactive to that statement period end date. The Plan Review report package is a collaboration of plan and participant reports with year-over-year comparisons. It is useful for citing trends, assessing changes in investment elections, participation and withdrawal activity in your plan. The Plan Review report is not intended to be used as a supplement to or replacement for your Plan Summary or for any audit-related purposes. Q: What are the parameters for the package? A: In addition to the Group Account / Plan Number that the user has selected, the package requires five parameters to be entered as follows:

End Date selection from the drop-down menu o Only plan statement end dates that have completely generated are available o Statement dates for the past twelve months are available to be ordered

Advisor or report preparer’s information to be included on Cover Page to be selected from the drop-down menu of available contacts, or None, if desired

Page Numbers to be selected to include or exclude on the report

Investment Returns to be included or excluded (available as a separate download)



PRBO3

Q: Why am I receiving the error message: “Plan level access is required to run the Plan Review report” when downloading the package to Adobe Acrobat (PDF)? A: This package can only be ordered by users who have been assigned security access to the plan. Please verify that you have the appropriate access. Users with only designated subset or divisional access will be unable to open or download the Plan Review report. Q: There was a plan change made on the recordkeeping system today that included adding new funds and changing the “relationship manager” on the plan, for example – why are these updates not reflected in the Plan Review report I just ran? A: The Plan Review report is created from data on the recordkeeping reporting database, which is a copy of the previous day’s data from the production database. As updates to plan or participant data are made throughout the day on the real-time recordkeeping platform in production, information is recorded but must go through an overnight batch process to then be stored on the reporting database. To include any updated information made today on the Plan Review report, you must order the report the day after the changes have been made. Q: Why is the most recent statement period end date not listed as on option on the End Date drop-down menu? A: The Plan Review report can be created with any statement period end date during the past 12 months. The statements must be in a completed status (generated) in order to request that statement period end date. Please confirm that the plan’s most recent statements have been completed.



PRBO3

Page Descriptions & Data Explanations

Cover Page Page Description:

o Plan Review report cover page Understanding the Data:

o Advisor / Report Preparer’s information may be included if desired o User will select from a drop-down list of designated individuals set up on the recordkeeping system as

“Contact Servicers” for the plan based upon those individuals who are included in the intended user class given access to order this report

o Only one Advisor / Report Preparer contact can be selected to be displayed o Select “None” if information will not be displayed



PRBO3

Table of Contents

Page Description: o Lists each data section included in the report

Understanding the Data:

o All section headings will be displayed, regardless of whether the plan has data applicable for each section, except for:

o Loans (if the Plan does not offer loans, the section title will not be listed) o Advisory Services (if the plan does not utilize Advisory Services, the section title will not be listed)

o All underlying pages will be included in the report if information is not available but will reflect a message indicating “N/A” or that the particular metric is not utilized by the plan as applicable, except for:

o Loans (if the Plan does not offer loans, the page will not be included) o Advisory Services (if the plan does not utilize Advisory Services, the page will not be included)



PRBO3

Executive Summary

Page Description: o Dashboard presentation of the following metrics, displayed in a year-over-year comparison for the current

reporting period end date and the prior two plan year ends o If a plan has been on the recordkeeping system for less than the entire look-back period(s), only the metrics

available are displayed. If data for a year-end is not available, some variant of “N/A” will be displayed Understanding the Data:

o Plan Assets o Plan Asset Balance

o Sum of all balances (including those forfeited or non-vested) o Account Reduction Loan Balance

o Sum of all active loans o Includes account reduction loans only, as applicable o Includes loan balances that are in a default status o Offset or deemed loans are not included o Loans that are not processed on the recordkeeping system are not included (i.e. loan balances that

are listed only as a narrative) o Total Plan Asset Balance

o Sum of Plan Asset Balance and Account Reduction Loan Balance metrics listed above o Collateral Loan Balance, as applicable

o Cash Flow o Contributions

o Sum of all regular and single participant (employee) and regular plan (employer) contributions made during the reporting period(s), including before-tax, after-tax and Roth money types, and rollovers

o Includes the contributions made using the cash effective date o Plan conversion balances are not included o Loan payments are not included

o Distributions o Sum of all disbursement types and reasons processed during the reporting period(s) o Includes disbursements made using the disbursement effective (completion) date o Includes full amount disbursed (account debit), including any non-vested amounts o Includes amounts for any offset or deemed (tax-reportable) loans

o Net Cash Flow o Sum of the difference between the total contributions and total distributions listed above



PRBO3

Executive Summary

Page Description: o Dashboard presentation of the metrics outlined below, displayed in a year-over-year comparison for the current

reporting period end date and the prior two plans year ends o If a plan has been on the recordkeeping system for less than the entire look-back period(s), only the metrics

available will be displayed; if data for a year-end is not available, a variant of “N/A” will be displayed Understanding the Data:

o Participants o Eligible Employees

Calculation is made by using plan and employee level information that is set up on the recordkeeping system, including PDI Eligibility Indicator, plan participation (contributing) and participation date

Eligible plan employees include those with: o PDI Eligibility Indicator of Yes, who participated in the plan during the reporting

period and have a participation date is within the reporting period o PDI Eligibility Indicator of Yes, who did not participate in the plan during the

reporting period and have a participation date is within reporting period o PDI Eligibility Indicator of Yes, who participated during the reporting period, and

have a participation date is not within the reporting period o PDI Eligibility Indicator of No or null, who participated during the reporting period,

and have a participation date within the reporting period o PDI Eligibility Indicator of No or null, who did not participate during the reporting

period, and have a participation date within the reporting period o PDI Eligibility Indicator of No or null, who participated during the reporting period,

and have a participation date that is not within the reporting period Calculation is made as of the reporting period end dates

o Participants Contributing Number of actively employed plan participants who have a regular payroll contribution (Employee

or Employer Contributions) at any time during the reporting period end dates Participants making only loan payments are not included Participants with only rollover contributions are not included

o Active Participants with Balances Number of actively employed plan participants with an account balance Calculation is based upon employment dates that are set up on the recordkeeping system



PRBO3

o Terminated Participants with Balances Number of plan participants who are no longer employed but have an account balance Includes beneficiary accounts with a balance Includes any Qualified Domestic Relation Order accounts with a balance Calculation is based upon employment dates that are set up on the recordkeeping system

o Participants with Loan Balances o Number of individual plan participants who have an outstanding loan balance as of the current

reporting period end dates, regardless of how many outstanding loans each participant has o Includes Account Reduction and Collateral Loans, as applicable o Includes participants who have a defaulted loan balance o Participants who have an offset or deemed (tax-reportable) loan are not included

o Plan Utilization o Participation Rate

o Percentage of total participants participating in the plan o Calculated by dividing the total number of participants who have regular contributions by the total

number of eligible plan participants from above Regular contributions include Employee or Employer contributions Participant loan payments are not included

o Average Participant Paycheck Contribution Percentage Rate o Average amount of all regular paycheck contribution percentages that have been established by

actively employed participants for any held employee money types Employee before-tax Employee after-tax Roth Catch-up Age 50 + catch-up

o Calculated only for plans that utilize our deferral recordkeeping services o Will reflect “N/A” for plans not utilizing our deferral recordkeeping services o If plan only allows participant paycheck elections by contribution amount, this will reflect “0%” o Includes participant regular paycheck contribution percentages that are 1% or more

o Average Participant Paycheck Contribution Amount o Average amount of all regular dollar amount deferrals for the plan’s payroll frequency, that have

been established by actively employed participants for any held employee money types Employee before-tax Employee after-tax Roth Catch-up Age 50 + catch-up

o Calculated only for plans that utilize our deferral recordkeeping services o Will reflect “N/A” for plans not utilizing our deferral recordkeeping services o Includes participant regular deferral amounts that are $0.01 or more o If a plan only allows participant paycheck elections by percent, this will reflect “$0”

o Average Participant Contribution Amount o Average amount of the total of all participant (employee) payroll and regular plan (employer)

contributions made during the reporting periods Before-tax After-tax Roth Employer

o Calculated by dividing the total amount of contributions by the number of participants with a contribution

o Calculated for plans utilizing and those not utilizing our deferral recordkeeping services o Calculated by using the contribution cash effective date o Plan conversion balances are not included

o Average Participant Balance o Average balance of all plan participants with a balance of $0.01 or greater o Includes both actively employed and terminated plan participants o Participant loan balances are not included



PRBO3

o Investment Options in Plan with a Balance o Count of investment options within the plan’s fund line up as of the current reporting period end

date o Includes investment options with a balance of $0.01 or greater o Includes Employer Stock Awaiting Purchase if applicable o Includes self –directed brokerage products if applicable

Balances in Money Market are listed separately Balances in Securities options are listed separately

o Guaranteed Certificates with the same term but with different maturities are counted as one investment option

o Insurance policy cash values that are listed on participant statements as a line-item only are not included



PRBO3

Plan Assets

Page Description: o The total Plan Asset History for the current reporting period end date and the prior two plans year ends,

displayed in graph and table formats o The percentage (%) Change in Plan Assets from year-to-year for the reporting period year ends o The Number of Investment Options available for contributions into the plan o Benchmark reflecting the average number of investment options offered in comparable plans

Understanding the Data: o Plan Asset History

o The plan’s total asset balance for the current reporting period end date and the prior two plans year ends

o Calculation includes a rollup of all participant contributions and deposit types, transfers in / out, interest and dividends, change in value, fees and withdrawals, and plan forfeiture balances

o Calculation includes all active, outstanding participant Account Reduction Loan Balances Includes defaulted loan balances Offset or deemed (tax-reportable) loan balances are not included

o Table reflects the values of plan asset balances including active, outstanding Account Reduction Loans for each period end date

o % (Percentage) Change in Plan Assets o Comparison of total plan asset balances (excluding participant loan balances) between each reporting

period end date o Calculated by using the formula (year2 – year1) / year1 * 100 and (year3 – year2) / year2 * 100,

respectively o Number of Investment Options offered by the plan

o Number investment options offered for regular participant contribution money types into the plan Employee before-tax Employee after-tax Roth Catch-up Age 50 + catch-up

o Includes investment options that can be selected for participant money type contributions Self-directed brokerage accounts are included if the plan allows contributions to be made

directly to the participant’s brokerage account



PRBO3

Includes insurance option when used to pay policy premiums Frozen or restricted funds or investment options are not included Exclusive employer-directed money type investment elections are not included



PRBO3

Asset Allocation

Page Description: o Overview of plan holdings by investment option and broad asset class for the current reporting period end date

and the prior plan year end o Amount and percentage of holdings in each investment option o Number of participants with account balances in each investment option o Identification of the plan’s current default investment election(s)

What the Data Means:

o Investment options are grouped within broad asset class categories o Asset classifications are typically set by plan providing company or utilize a default category o The broad asset class category utilized may vary from those assigned by Morningstar, individual mutual

fund companies, or partner or line of business designated categories o If an investment option has had a style shift or re-classification, the most current broad asset class

category is used o Funds or investment options will be listed as “Unclassified” if the broad asset class category is not

properly set up on the recordkeeping system or does not have a broad asset class category assigned If unclassified, maintenance can be done on the recordkeeping system to update the

investment option with the appropriate broad asset class category as applicable o Investment options that are active with a balance during the current reporting period end date or were active

during the prior plan year end are included o Investment options that are included in the plan’s lineup but have no current balance as of the current reporting

period end date are not included o Employer stock and employer stock awaiting purchase investment elections are listed individually if applicable o Self-directed brokerage accounts are listed as an individual investment election if applicable

o Insurance policy cash values that are listed on participant statements as a line-item only are not included o Sub totals of individual investment options are provided, as are sub totals by broad asset class o Asset calculation includes a rollup of all contributions and deposit types, transfers in / out, interest and

dividends, change in value, fees and withdrawals, and forfeiture assets o Active, outstanding participant loan balances are not included

o % (Percent) of Total for each fund or investment option is calculated by dividing the asset balance in an individual investment option by the plan’s asset Grand Total

o % (Percent) of Total for each broad asset class category is calculated by dividing the broad asset class category total balance by the plan’s asset Grand Total



PRBO3

o Number of Participants in Fund is a count of participants (both actively and previously employed) with a balance in each fund or investment option

o Includes beneficiary accounts with a balance o Includes any Qualified Domestic Relation Order accounts with a balance

o The current plan’s default investment election(s) is/are also identified, as applicable o Includes plan’s single default investment election o Includes plan’s date based default investment elections o Includes plan’s risk based default investment elections o Includes plan’s managed account default investment election

Including interim default investment election Including back up default investment election

o Indication included if plan has no default investment election designated



PRBO3

Asset Allocation by Age

Page Description: o A pie chart illustration of the plan’s Asset Allocation by Age, by broad asset class, of the current reporting period

end date o Percentage of entire plan asset totals (including forfeiture balances) by asset class o Percentage of plan asset totals, by asset class and by age


o The Asset Allocation data reported on the previous page is utilized to create the pie charts o Investment options are grouped within broad asset class categories

o Asset classifications are typically set by plan providing company or utilize a default category o Categories may vary from those assigned by Morningstar, individual mutual fund companies, or partner or

line of business designated categories o Funds or investment options will be listed as “Unclassified” if the broad asset class category is not

properly set up on the recordkeeping system or does not have a broad asset class category assigned If unclassified, maintenance can be done on the recordkeeping system to update the

investment option with the appropriate broad asset class category as applicable o The number of total plan participants and number of plan participants by age is listed o Five standard age group categories are used throughout the Plan Review report

o “Unknown” age participants include participants who have a system-defaulted birth date due to an actual birth date not being entered on the recordkeeping system

o If there are no assets for a given age group, the chart area will display the message “***There are no assets for this age group***”



PRBO3

Plan Utilization

Page Description: o Bar Graph illustration of the Average Participation Rate by Age group for the current reporting period end date

and the prior two plan year ends o # (Number) of contributing participants as of current reporting period end date o Participation rate as of the current reporting period end date o Benchmark indicating the average plan participation rate for eligible employees in comparable plans o Number of participants with defaulted investment elections as of the current reporting period end date


o Average Participation Rate by Age o The plan’s average participation rates by age group for the current reporting period end date and the prior

two plans year ends o Percentages calculated by taking the total contributing participants participating in the plan, divided by the

total number of eligible plan employees by age group Number of actively employed plan participants who have made a regular payroll contribution at

any time during the period end dates Participants making only loan payments are not included Participants with only rollover contributions are not included

o Calculation is made by using plan and employee level information that is set up on the recordkeeping system, including PDI Eligibility Indicator, plan participation (contributing) and participation date

Eligible plan employees include those with:

PDI Eligibility Indicator of Yes, who participated in the plan during the reporting period and have a participation date is within the reporting period

PDI Eligibility Indicator of Yes, who did not participate in the plan during the reporting period and have a participation date is within reporting period

PDI Eligibility Indicator of Yes, who participated during the reporting period, and have a participation date is not within the reporting period

PDI Eligibility Indicator of No or null, who participated during the reporting period, and have a participation date within the reporting period

PDI Eligibility Indicator of No or null, who did not participate during the reporting period, and have a participation date within the reporting period

o Five standard age group categories are used throughout the Plan Review report



PRBO3

o “Unknown” age participants include participants who have a system-defaulted birth date due to an actual birth date not being entered on the recordkeeping system

o Participation Rate o Total plan participation rate for all age group categories for the plan as of the current reporting period end

date o Calculation equals the total number of participants making regular contributions divided by the total

number of eligible employees o Same eligible plan participant calculation is used above

o Defaulted Participants o Count of employees participating (participants contributing, making regular payroll contributions during

the reporting period) who have not made a positive investment election and remain in the plans’ designated default investment option(s)



PRBO3

Plan Utilization

Page Description: o Bar Graph and Table illustration of the Average Participant Contribution Amount by Age for the current reporting

period end date and the prior plan year end o # (Number) of Contributing Participants as of current reporting period end date o Paycheck Contribution Information as of current reporting period end date

o Average participant paycheck contribution rate o Average participant paycheck amount

o Benchmark indicating the average deferral rate for non-highly compensated participants in comparable plans

What the Data Means: o Average Participant Contribution Amount by Age

o The plan’s average paycheck contribution amount by age for the current reporting period end date and the prior two plans year ends

o Amounts calculated by taking the total plan contributions for all regular employee and employer money types divided by the number of contributing participants, both currently employed or employed during the reporting period

o Loan payments are not included o Rollover contribution types are not included

o Five standard age group categories are used throughout the Plan Review report o “Unknown” age participants include participants who have a system-defaulted birth date due to an actual

birth date not being entered on the recordkeeping system o Table reflects the values for the average participant paycheck contribution amounts as of each reporting

period end date o Paycheck Contribution Information

o The plan’s average participant paycheck contribution rate (percentage) as of the current reporting period end date

o Percentage calculated for plans utilizing our deferral recordkeeping services o Calculation includes the average of all percentage paycheck contributions that have been

established by each actively employed participant (total percentage of all deferrals per participant) for any held money type

Employee before-tax Employee after-tax Roth



PRBO3

Catch-up Age 50 + catch-up Loan payments are not included Rollover or single contribution types are not included

o Only paycheck contribution amounts that are 1% or greater are included o Calculation is made by using plan and employee level information that is set up on the

recordkeeping system o The plan’s average participant paycheck contribution amount as of the current reporting period end date

o Amount calculated for plans utilizing our deferral recordkeeping services o Calculation includes the average of all paycheck contribution dollar amounts that have been

established by each actively employed participant (total amount of all paycheck contribution amounts per participant) for any held money type

Employee before-tax Employee after-tax Roth Catch-up Age 50 + catch-up Loan payments are not included Rollover or single contribution types are not included

o Only paycheck contribution amounts that are $0.01 or greater are included o When the plan utilizes our deferral recordkeeping services, both metrics will be displayed

o If the plan offers only rate (percentage) paycheck contribution elections, the average participant paycheck contribution amount will still be displayed but indicate a $0.00 amount

o If the plan offers only amount paycheck contributions, the average participant paycheck contribution rate (percentage) will still be displayed but indicate a 0.00% (percent)

o When the plan does not utilize deferral recordkeeping services, the following message will be displayed: “As of MM/DD/YYY (current reporting period end date) we are not the paycheck contribution recordkeeper for your plan.”



PRBO3

Participant Details

Page Description: o Bar graph illustration of the plan’s Average Participant Balance for the current reporting period end date and the

prior two plans year ends o # (Number) of Participants with a Balance as of current reporting period end date o Average Number of Investment Options held by participants o Benchmark indicating the average number of investment options participants hold in comparable plan accounts


o Average Participant Balance o The average balance of all actively employed and terminated participant accounts

Calculation includes only balances that are $0.01 or greater Calculation includes any non-vested participant account balances Outstanding participant loan balances are not included Includes beneficiary accounts with a balance Includes any Qualified Domestic Relation Order accounts with a balance

Insurance policy cash values that are listed on participant statements as a line-item only are not included

o Number of Investment Options o Calculation based on the average number of investment options held in participant accounts for

participants both currently employed and employed during the current reporting period



PRBO3

Participant Details

Page Description: o Bar Graph and Table illustration of the Average Participant Balance by Age group for the current reporting period

end date and the prior two plan year ends o # (Number) of Participants with a Balance as of the current reporting period end date o Benchmark indicating Average Participant Account Balance (not age-specific) for comparable plans


o Average Participant Balance by Age o The plan’s average participant balance by age for the current reporting period end date and the prior two

plans year ends o Five standard age group categories are used throughout the Plan Review report o “Unknown” age participants include participants who have a system-defaulted birth date due to an actual

birth date not being entered on the recordkeeping system o Average amounts calculated by taking the total balance of all actively employed and terminated plan

participant accounts divided by the number of all actively employed and terminated plan participants Includes beneficiary accounts with a balance Includes any Qualified Domestic Relation Order accounts with a balance Active, outstanding participant loan balances are not included

o Average Participant Balance dollar amounts by age are displayed in the “Your Plan” data table



PRBO3

Contributions

Page Description:

o Bar graph and table illustration of the plan’s Contributions by Money Type for the current reporting period end date and the prior two plans year ends


o Contributions by Money Type o Calculation includes total contributions (regular and single contributions) made by participants and

employer for participants both currently and previously employed during the reporting period end dates o Contribution totals include:

Sum of all regular and single participant (employee) and regular plan (employer) contributions made during the reporting periods

Before-tax

After-tax

Roth

Rollovers

Employer Includes the contributions made using the cash effective date Plan conversion balances are not included Participant loan payments are not included



PRBO3

Contribution Analysis

Page Description:

o Overview of plan participant’s contributions investment option and broad asset class for the current reporting period end date and the prior plan year end

o Amount and percentage of contributions made in each investment option o Number of participants with contributions made in each investment option o Identification of the plan’s current default investment election(s)


o Investment options are grouped within broad asset class categories o Asset classifications are typically set by plan providing company or utilize a default category o The broad asset class category utilized may vary from those assigned by Morningstar, individual mutual

fund companies, or partner or line of business designated categories o If an investment option has had a style shift or re-classification, the most current broad asset class

category is used o Investment options will be listed as “Unclassified” if the broad asset class category is not properly set

up on the recordkeeping system or does not have a broad asset class category assigned If unclassified, maintenance can be done on the recordkeeping system to update the

investment option with the appropriate broad asset class category as applicable o Contribution totals include

o Sum of all regular and single participant (employee) and regular plan (employer) contributions made during the reporting periods

Before-tax After-tax Roth Rollovers Employer

o Includes the contributions made using the payroll effective date o Plan conversion balances are not included o Participant loan payments are not included

o Insurance payments used to pay policy premiums are not included o Employer stock and employer stock awaiting purchase investment elections are listed individually as

applicable



PRBO3

o Self-directed brokerage accounts are listed as applicable o Investment options that are available for participant contributions during the current reporting period

end date or were active during the prior plan year end are included o Sub totals of individual investment options are provided, as are sub totals by broad asset class o % (Percent) of Total for each investment option is calculated by dividing the contribution balance in an individual

investment option by the plan’s contribution Grand Total o % (Percent) of Total for each broad asset class category is calculated by dividing the broad asset class

category contribution balance by the plan’s contribution Grand Total o Number of Participants Contributing is a count of participants (both actively and previously employed) with a

contribution in each investment option o Includes beneficiary accounts with a balance o Includes any Qualified Domestic Relation Order accounts with a balance

o The current plan’s default investment election(s) is/are also identified o Includes plan’s single default investment election o Includes plan’s date based default investment elections o Includes plan’s risk based default investment elections o Includes plan’s managed account default investment election

Including interim default investment election Including back up default investment election

o Indication included if plan has no default investment election designated



PRBO3

Distributions

Page Description: o Pie chart illustration of five general Reasons for Distributions and all “Other” reasons processed during the

current reporting period o Table of total number and amount of Distributions processed, including a metric reflecting the Percentage of

Distributions that were Rolled Over / Transferred, for the current reporting period end date and the prior two plan year ends

o Bar graph comparing the percentage of rollovers and transfers to payments made to participants, Comparing three Common Distribution Reasons, including retirement, separation of service and in-service during the current reporting period

o Benchmark indicating Industry Average for participant disposition of accounts when terminating employment What the Data Means:

o Reasons for Distribution o Calculation includes percentage breakdown for all disbursement types and reasons processed during the

current reporting period o Includes five common disbursement reasons o Includes an “Other” category for those reasons not individually listed o Includes disbursements made using the disbursement effective (completion) date o Includes full amounts disbursed (account debited), including any non-vested amounts o Includes total amounts of all periodic payments made, regardless of frequency of individual payments o Includes amounts for any offset or deemed (tax-reportable) loans o New loans are not included with these distribution types

o Distributions o Table illustration of the number and total amount of all disbursement types and reasons listed above for the

current reporting period and prior two plan year ends o Periodic payments, regardless of frequency, are counted as one distribution for each reporting period o Includes the percentage of distributions that were rolled over or transferred divided by the sum of all

disbursements processed, as of the current reporting period and prior two plan year ends o Comparing Common Distribution Reasons

o Bar graph comparison illustrating the percentage of disbursement dispositions for the current reporting period and prior two plan year ends

o Includes calculations for three common disbursement reasons: Retirement, Separation of Service and In-Service



PRBO3

Loans

Page Description: o Bar graph illustration of the plan’s Total Outstanding Loan Balance for the current reporting period end date

and the prior two plan year ends o # (Number) of Loans as of the current reporting period end date o Table illustration of the number and amount of newly issued loans and defaulted loans for the current

reporting period end date and the prior two plan year ends o Loan Details metrics

o Number of participants with an outstanding loan and average outstanding plan loan balance o Percentage of plan participants with an outstanding loan

o Benchmark indicating the average percentage of plan participants that have an outstanding loan for comparable plans

o Note: This page will be suppressed if the plan has not had any active loans for the current reporting period end date or prior two plan year ends, or has not offered participant loans


o Total Outstanding Loan Balance as of the current reporting period end date and prior two plan year ends o Calculation is sum of all active loans o Includes account reduction loans and collateral loans as applicable o Includes loans balances that are in a defaulted status o Offset or deemed loans are not included o Loans that we are not recordkeeping are not included (loan balances that are listed as a narrative) o Total number of outstanding loans as of the current reporting period end date

o New Loans and Defaulted Loans o Table illustration of actual number and amount of newly issued loans and defaulted loans for the current

reporting period end date and the prior two plan year ends o Sum of all active loans issued within each reporting period o Includes account reduction loans and collateral loans as applicable o Includes loans balances that have defaulted within each reporting period o Offset or deemed loans are not included o Loans that we are not recordkeeping are not included (loan balances that are listed as a narrative)

o Loan Details o Number of participants with outstanding loan(s) balance(s)

o Total count includes the number of participants who have one or more outstanding loan balances o Average balance of outstanding participant loans



PRBO3

o Calculation includes total balance of all participant’s account reduction loans and/or collateral loans, as applicable, divided by the total number of outstanding participant loans

Includes loans balances that are in a default status Offset or deemed loans are not included Loans that we are not recordkeeping are not included (loan balances that are listed as a

narrative) o Percentage of plan participants with an outstanding loan balance

o Calculation of the percentage of all actively employed eligible participants divided by the total number of participants with one or more outstanding loan balances



PRBO3

Web Site Utilization

Page Description:

o Participant Web Site Utilization reflecting Activity Detail for Total number of web site users, Account Inquiries, and Account Changes, as of the current reporting period end date and prior two plan year ends

o Pie chart illustration reflecting percentage of Web Site Activity Summary by Account Inquiries and Account Changes, as of the current reporting period and prior two plan year ends


o Activity Detail o Totals

o Includes Average Distinct Users who have successfully accessed the Web Site (regardless of frequency) during the current reporting period and prior two plan year ends

o Total Logins include the number of logins into the Web Site during the current reporting period and prior two plan year ends

o Account Inquiries o Includes the most commonly visited pages that have been accessed on the Web Site during the

current reporting period and prior two plan year ends o Account Changes

o Includes the most commonly completed transactions for which account changes have been made via the Web Site during the current reporting period and prior two plan year ends

o Due to the recently redesigned participant websites, some of the categories have been renamed. As a result, similarly named categories representing the same transaction will be reflected. These will be indicated, as applicable.

o Activity Summary o Pie chart illustration reflecting percentage of Web Site Activity Summary by Account Inquiries and

Account Changes, as of the current reporting period and prior two plan year ends o If no activity occurred during a reporting period, the message “***There is no activity for this reporting

period***” will be displayed



PRBO3

Voice Response Utilization

Page Description: o Participant Voice Response Utilization reflecting Activity Detail for Total voice response users, Account Inquiries,

and Account Changes, as of the current reporting period end date and prior two plan year ends o Pie chart illustration reflecting percentage of Voice Response Activity Summary by Account Inquiries and Account

Changes, as of the current reporting period and prior two plan year ends What the Data Means:

o Activity Detail o Totals

o Includes Average Distinct Users who have accessed the Voice Response System (regardless of frequency) during the current reporting period and prior two plan year ends

o Includes participant counts for those who Opt to Client Service Representatives during the current reporting period and prior two plan year ends

o Total Calls include the number of calls to the Voice Response System during the current reporting period and prior two plan year ends

o Account Inquiries o Includes the most common transactions that have been accessed on the Voice Response System

during the current reporting period and prior two plan year ends o Account Changes

o Includes the most commonly completed transactions for which account changes have been made via the Voice Response system during the current reporting period and prior two plan year ends

o Activity Summary o Pie chart illustration reflecting percentage of Voice Response Activity Summary by Account Inquiries and

Account Changes, as of the current reporting period and prior two plan year ends o If no activity occurred during a reporting period, the message “***There is no activity for this reporting

period***” will be displayed



PRBO3

Services Offered

Page Description: o Dashboard of plan utilization of available administrative services and features (dynamic) as of the Plan Review

Package report run date What the Data Means:

o Common Administrative Services are listed along with plan utilization indicating those that are Available Today and related Information if elected and set up on the recordkeeping system o Additional services and features may be displayed, if applicable (dynamic)



PRBO3

Glossary of Terms

Page Description: o Definitions of terms frequently used throughout the Plan Review Package


o N/A

plan review reporting package plan review package is a consolidated overview of plan level data that...

Documents