Page 129 - DCAC May 2023 Files

Glossary of terms

Term Description

Balances Total assets under administration is the summation of all participant and plan balances. Plan balance is the summation of all plan balances such as forfeitures.
Total participant balance is the summation of all the participant balances. (excludes loan balance). The average balance is calculated by dividing the participant
balance by total participants with a balance.

Benchmarks The benchmarks are based on the recordkeeping system book of business and updated monthly. The benchmarks are illustrated as the median by plan type
(401(k), 403(b), 401(a), 457) and plan asset ranges: <$5M, $5M - $10M, $10M - $25M, $25 - $50M, $50M - $500M, >$500M

Cash flow Participant activity illustrated is year to date and includes all contributions and distributions. The difference in the beginning balance and ending balance is a
result adding and subtracting activity such as: contributions, disbursements, participant fees, loan issue/payments, transfers, adjustments, change in value to
reflect the ending balance.

Contribution Contributions includes all new participant account money such as: contributions via payroll, one-time contributions, employer contributions and rollovers.
activity Contributions are illustrated as Employee and Employer funded and Employee contributions will be further broken down by before-tax, Roth and after-tax as
applicable. The contribution activity will match the contribution totals illustrated on the Cash Flow slide.

Distribution Distributions include all active and terminated participants with a balance. The distribution categories are derived from the methods in which assets are
activity removed from the plan. The categories may include: Deminimis, Hardship, Death, Housing allowance, In-service, Loan distributions, QDRO, Required minimum
distributions (RMD), Separation of service, Service credits, CARES Act, SECURE Act and Other. The Other category is a combination of infrequently used
distributions such as but not limited to: contract exchanges, disability, 1035 exchanges, defined benefit payout, dividend payment, early distribution penalty,
transfer to an IRA, Roth conversions, etc. It also includes transactions that were reversed.

Loans Loans include all active and terminated participants with at least one active principal residence or general purpose type loans. The Outstanding Active Loan
totals includes the loan information illustrated in the New Loans section. The average outstanding loan balance is calculated by dividing the total outstanding
loan balance by participants with at least one outstanding loan.

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