Questions

1. What does PEP stand for?

   A. Personal Equity Plan
   B. Pooled Employer Plan
   C. Professional Employment Program
   D. Private Equity Partnership
   

2. Who is the 3(38) Investment Manager for Castle Rock PEP?

   A. Slavic401k
   B. Castle Rock
   C. MidAtlantic
   D. Vanguard
   

3. What is the catch-up contribution limit for employees aged 50+ in 2025?

   A. $5,000
   B. $6,500
   C. $7,500
   D. $8,500
   

4. What is the total employee contribution limit for ages 60–63 in 2025?

   A. $31,000
   B. $32,500
   C. $34,000
   D. $34,750
   

5. What was the S&P 500 Index return for Q1 of 2025?

   A. +4.6%
   B. -4.6%
   C. +2.8%
   D. -2.4%
   

6. What is the Federal Reserve's dual mandate?

   A. Stable housing and employment
   B. Maximum GDP and inflation control
   C. Maximum employment and stable prices
   D. Low interest rates and strong exports
   

7. How much did Yale's Budget Lab estimate tariffs would reduce household purchasing power in 2025?

   A. $2,500
   B. $3,200
   C. $4,700
   D. $5,500
   

8. Which fund is the default investment for those born 1983–1987?

   A. Vanguard Target Retirement 2040
   B. Vanguard Target Retirement 2045
   C. Vanguard Target Retirement 2050
   D. Vanguard Target Retirement 2055
   

9. Which is a benefit of Castle Rock PEP?

   A. Unlimited contributions
   B. Employer tax credits
   C. Guaranteed returns
   D. Lifetime employment
   

10. What is the startup cost for Castle Rock PEP?

    A. $0
    B. $500
    C. $1,000
    D. $2,000
    

11. What is the automatic enrollment savings rate?

    A. 1%
    B. 3%
    C. 5%
    D. 10%
    

12. What is the max savings rate cap with automatic increases?

    A. 5%
    B. 8%
    C. 10%
    D. 12%
    

13. Which fund had a -7.81% 1-year return?

    A. Fidelity 500 Index
    B. DFA US Small Cap I
    C. Vanguard Mid Cap Index
    D. MFS International Equity
    

14. What country made up 34% of GQG's holdings?

    A. China
    B. Brazil
    C. India
    D. Russia
    

15. What was the projected unemployment increase from tariffs?

    A. 0.25%
    B. 0.40%
    C. 0.55%
    D. 0.70%
    

16. What is the net expense ratio for FXAIX (Fidelity 500 Index)?

    A. 0.02%
    B. 0.05%
    C. 0.10%
    D. 0.20%
    

17. What is the annual admin fee for plan participants?

    A. $15
    B. $25
    C. $35
    D. $50
    

18. Who qualifies for the "super catch-up" of $3,750?

    A. 50–55
    B. 56–59
    C. 60–63
    D. 64+
    

19. Which fund is default for 1993–1997 births?

    A. Target 2065
    B. Target 2060
    C. Target 2055
    D. Target 2070
    

20. What is the median federal student loan balance?

    A. $19,000
    B. $25,000
    C. $36,000
    D. $40,000