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Automatic Features 1 31% Use auto deferral increase RS-41492-03

49% Offer a professionally managed alternative A Benchmarking Initiative for Public Sector

30% have a formally- adopted salary income replacement target Perspectives in Practice –

The “average” retirement plan
A look back at the average 2016 plan experience

Average plan benchmarks 1

26% able to provide basic income replacement data (for participant in DC plan)

20% Plans using automatic enrollment 1 2017 National Association of Government Defined Contribution Administrators, Inc, -

4 out of 10 eligible employees participate For Advisor and Plan Sponsor use only. Not for use with Plan Participants.

$4,764 Average Annual Deferrals Defined Contribution Plans