Page 239 - DCAC Feb 2026 Files

Glossary of terms

Subject Description of terms

About your • Eligible participants with a balance- Based on all actively employed participants that are eligible to contribute to the plan; the percent that have a balance >$0.
population • Participants with a phone number or email address- Based on all participants that have a balance >$0; the percent that have a work email, personal email, mobile
Getting phone, home phone, or international phone number on file.
started • With a registered online account- Based on all participants that have a balance >$0; the percent that have registered online

• With a beneficiary on file - Based on all participants that have a balance >$0; the percent that have a beneficiary on file. This is only provided for plans where we are
1
the beneficiary recordkeeper.
About your • Increased their deferral election in the past year - Based on all the actively employed and eligible participants with a regular deferral election on the recordkeeping
1
population system that is greater than 0%/$0; the percent whose current deferral election is higher than their initial deferral election from the past 12 months that was greater
Saving & than 0%/$0. This includes participant initiated and auto escalation increases. Participants that switched from percentage elections to flat dollar elections or vice versa
investing are excluded from the evaluation.
• Using guided investment strategies- Based on all participants that have a balance >$0; the percent using any of the following investment strategies:
• Managed accounts
• Online advice
• Target-date strategy
• Risk-based strategy
• Asset allocation model
• Enrolled in managed accounts - Based on all participants that have a balance >$0; the percent that enrolled in the managed account service. This is only provided for
1
plans that offer managed accounts.
• Actively personalized their managed account profile - Based on all participants that have a balance >$0 and that are enrolled in the managed account service; the
1
percent that have actively engaged in personalizing their managed account profile. This is only provided for plans that offer managed accounts.
About your • Engaged with the website, app, or rep within the past year - Based on all actively employed participants that have a balance >$0; the percent that have engaged
1
population digitally or by phone in the past 12 months. This is only provided for plans that have had a balance for the past 12 consecutive months.
Planning & • Have set up their personal dashboard - Based on all participants that have a balance >$0 and that are registered online; the percent that have added either assets or
1
optimizing liabilities to their dashboard. This is only provided for plans that allow account aggregation.
• Consolidated assets within your plan - Based on all participants that have a balance >$0; the percent that have a balance held in a separate money source that is
1
designated for holding assets from incoming rollovers. This is only provided for plans that allow outside retirement accounts to be rolled into the plan.

1 Not applicable for all plans

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