Page 240 - DCAC Feb 2026 Files

Glossary of terms

Subject Description of terms

Participant • New participants with a balance- The number of participants that started the period with a $0 balance and then later had a balance greater than $0 at any month-
activity end during the period
Getting • Added or updated phone number or email address- Based on all participants that had a balance >$0 at any month-end during the period; the number that had a
started different phone number or email address at the end of the period compared to what they had at the beginning of the period.
• Registered their online account- The number of participants that registered online during the period
• Added or updated their beneficiary - The number of participants that either added or last updated their beneficiary during the period. This is only provided for
1
plans where we are the beneficiary recordkeeper.

Participant • Increased their deferral election - Based on all participants that had a regular deferral election on the recordkeeping system that was greater than 0%/$0 at any
1
activity month-end during the period; the number whose ending deferral election was greater than their initial deferral election during the period that was greater than
Saving & 0%/$0. This includes participant initiated and auto escalation increases. Participants that switched from percentage elections to flat dollar elections or vice versa are
investing not counted. This is only provided for plans where we have deferral elections on file.
• Moved to using guided investment strategies- Based on all participants that had a balance >$0 at any month-end during the period; the number that started the
period using the Do-it-yourself or Brokerage investment strategies and then ended the period using any of the other guided investment strategies.
• Enrolled in managed accounts - The number of participants that proactively enrolled in the managed account service during the period. This is only provided for
1
plans that offer managed accounts.
• Personalized a new category on their managed account profile - The number of managed account participants that actively engaged in personalizing a new
1
category within their managed account profile for the first time during the period. This is only provided for plans that offer managed accounts.

Participant • Engaged with the website, app, or rep - Based on all participants that were actively employed with a balance >$0 at any month-end during the period; the number
1
activity that engaged digitally or by phone during the period. This is only provided for plans that have had a balance for the past 12 consecutive months.
Planning & • Set up their personal dashboard - The number of participants that had either assets or liabilities added to their dashboard for the first time during the period. This
1
optimizing is only provided for plans that allow account aggregation.
• Consolidated assets within your plan - The number of participants that had a deposit go into a separate money source that is designated for holding assets from
1
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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