Asset • Allocation by Tenure A ONLIN DEEP E APP ER LO ENDI OK XA T ASSET ALLOCATION: Research Study • No. 3 INTRODUCTION PLAN STRUCTURE AND DEMOGRAPHY THE KEY TO EFFECTIVE PLAN DESIGN • May 20, 2021 • A DEEPER LOOK AT ASSET ALLOCATION: PLAN STRUCTURE AND DEMOGRAPHY THE KEY TO EFFECTIVE PLAN DESIGN • • Asset Allocation by Age and Gender REFERENCES • • Asset • Allocation by Age Key Findings • Asset Allocation by Age and Mandatory/Voluntary Status • About PRRL • • • • • • NEXT STEPS • • • Thanks to PRRL Partners: • Asset Allocation by Age and Primary/Supplemental Status • • • • DATA • • CO •N CLUSION • • • • • Asset Allocation by Plan Type RESULTS Overall Asset Allocation Asset Allocation by Salary • • • •