Plan Participation Archives - 401k Plan Optimization, Compliance, Investment & Partners

Why Timing Matters: The Power of Vesting in Employee Retention

By Fred Barstein / Company Contributions and Vesting, Employee engagement, Employee feedback, Employee happiness, Financial Wellness, Financial Wellness, Ideal Plan, Improving Outcomes, incentivizing financial meetings, multi-generational workforce, office environment, onboarding, Plan design, Plan Participation, recruiting, Recruiting and Retaining Talent, Vesting, vesting

Why Timing Matters: The Power of Vesting in Employee Retention Vesting schedules may seem like a small detail in retirement plan design, but they can...

The 10 Biggest Mistakes Plan Sponsors Make with Their Retirement Plan Advisor

By Fred Barstein / 401k News, 401k plan, 401kCafé, benefit education, Communication, Compliance, DC Plan Sponsors, Due Diligence, Fiduciary, HR, Ideal Plan, Plan design, Plan Participation, Retirement Plan Advisor, Retirement Plan Advisor Due Diligence, Retirement Plan Fiduciary, Retirement Plan Participation, Retirement Readiness

We were overwhelmed by the response to the April 2nd 401(k) Café 30-minute webinar, “What You Don’t Know Could Hurt You.” Many of you were...

Senior Management’s Involvement in 401k Plans: Why It Makes a Difference

By Fred Barstein / 401k News, Education, Financial Advisors, financial literacy, financial stress management, Financial Wellness, participation, Peer to peer learning, Plan design, Plan Participation, Retirement Happiness, Senior Management Engagement, Senior Management Engagement

Senior Management’s Involvement in 401k Plans: Why It Makes a Difference While it may seem unnecessary to involve senior management in a company’s 401k plan,...

Effective Retirement Plan Design Can Help Boost Participation and Savings Rates

By Fred Barstein / Adaptability, auto enroll, Auto Portability, benefit education, DC plans, Economy, Emergency Savings, Employee engagement, Fiduciary, Ideal Plan, investment, participation, Plan Participation, Retirement Readiness, Retirement Savings Concern, Savings Rates

Retirement Plan Design Participation Savings

Although retirement planning is a top priority for many Americans, significant barriers persist. Nearly one in four workers with access to employer-sponsored retirement plans don’t...

New Auto Savings Features Could Help Address the Job Mobility Challenge

By Fred Barstein / 401k rollovers, Adaptability, auto enroll, auto escalate, Auto Portability, auto re-enroll, Changing dynamics, Company Contributions and Vesting, Consolidation, DC plans, Economy, Financial Wellness, Financial Wellness, investment, participation, Plan Participation, Regs and Regulators

The average employee changes jobs nine times throughout their career, creating a challenge for traditional 401(k) savers. A recent panel discussion hosted by the Brookings...

The Pros and Cons of Automatic Enrollment in Retirement Plans

By Fred Barstein / 401k News, 6th Annual RPA Broker/Dealer Roundtable, auto enroll, Benefits integration, CEO Engagement, Changing dynamics, Changing Recordkeepers, Client connection, Communication, Company Contributions and Vesting, DC Plan Sponsors, Employee Benefits, Fiduciary, Financial Advisors, Financial Literacy, Financial Wellness, Financial Wellness, HR, HR, Ideal Plan, Improving Outcomes, IRA Roll overs and Roll ins, office environment, onboarding, participation, Plan design, Plan Participation, product quality, Retirement Advisory, Retirement Readiness, specialized team

The Pros and Cons of Automatic Enrollment in Retirement Plans Automatic enrollment in 401(k) and other retirement plans has gained popularity as a tool to...

In-Plan Retirement Income: Opportunities, Challenges & Solutions

By Fred Barstein / 401k rollovers, Benchmarking & Monitoring Fees & Partners, Convergence, Convergence & Advisor M&A, Effects of Compound Interest, Fiduciary, Financial Advisors, Financial Wellness, Financial Wellness, participation, personal financial advice, Plan Participation, Record Keepers, Recordkeeping, Retirement Income, Retirement Plan Committee, Retirement Readiness, T.Rowe Price

Benchmarking And Market Leader Concept Manager Businessman Coach Leadership Sbi 301984750

The defined contribution (DC) industry has been working for decades to offer in-plan retirement income solutions, but uptake remains slow. Data from the PSCA indicates...

How Education Can Transform Auto-Enrollment & 401(k) Participation

By Fred Barstein / adult learning, auto enroll, auto re-enroll, benefit education, benefits committee, Client connection, Communication, Compensation, Confidence, DC plans, Education, Fiduciary, financial wellness, hiring, participation, Plan Participation, Retirement Happiness, Retirement Plan Participation

How Education Can Transform Auto-Enrollment & 401(k) Participation Education is critical for companies when it comes to benefits like 401(k) plans and auto-enrollment because it...

Gen Z Most Optimistic About Their Retirement Outlook

By Fred Barstein / Aging Workforce, Behavioral Finance, Communication, Communication, DC plans, diversity, Emergency Savings, Employee Benefits, Employee happiness, Employer Contribution, employer match, Fiduciary, financial behaviors, financial insecurity, financial literacy, financial stress management, Financial Wellness, Future Self, generation x, Health & Wellness, Independence planning, inflation concerns, investment, Job growth, managed accounts, Millennials saving, multi-generational workforce, Partners, personal financial advice, Plan design, Plan Optimization, Plan Participation

Different generations have differing perspectives on their retirement prospects. Generation Z seems to be the most optimistic. A pair of recent BenefitsPro articles highlighted two...

Enhancing Recruitment & Retention With Strategic Retirement Plan Design

By Fred Barstein / 401k News, benefits committee, Client connection, Communication, Company Contributions and Vesting, Compensation, Compliance, Economy, Employee happiness, Fiduciary, financial stress management, Financial Wellness, Plan Participation, recruiting

Enhancing Recruitment & Retention With Strategic Retirement Plan Design Designing retirement plans to aid in recruitment and retention is increasingly crucial in today’s competitive job...