The following video is a recording of a 401kTV Master Class webinar originally presented on April 27, 2016:
“Engaging Senior Management in Your Company’s DC Plan”, was offered by 401kTV in conjunction with MassMutual Financial Group.
The Master class was conceived and presented with plan sponsors in mind as a way to highlight the importance of including senior company management in a corporate Direct Contribution (DC) plan.
There is a common belief among senior management that because DC plans have shifted the responsibility and risk of a retirement benefit plan to employees and participants (when compared to a Defined Benefit plan), that is not a top management priority. According to our panel of experts and new research, that is a faulty belief.
In fact, new research shows that not properly attending to the retirement needs of employees can have a significant negative affect on the company’s bottom line. Employees who are not adequately prepared for retirement can and do cause profound financial hardship for companies large and small.
Engaging senior management in a company DC plan is an important part of senior management fiscal responsibility and those who ignore it do so at the peril of the company’s financial security.
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Slide presentation of “Engaging Senior Management in Your Company’s DC Plan”
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