401(k) and 457 Retirement Plans
Is your organization's retirement plan a strategic asset—or an expense your employees don't appreciate?
Make Your Retirement Plan a True Talent Advantage
A retirement plan is one of the most important benefits an employer can offer. Not having one puts your company at a disadvantage. But having a plan that doesn’t help employees enough undercuts the reason for offering it in the first place: to recruit, retain, and reward your company’s talent.
If your employees are not engaged with this benefit, the benefit may not be performing as intended.
How We Help
We can help you improve this situation. Our track record is one of purpose, effort, and delivering for our clients—the employer (the retirement plan’s sponsor). We have a proven program to increase employee participation in their retirement plan. We coach employees to become active contributors toward their retirement goals and to be more appreciative of this benefit. The more they appreciate the benefit, the more they may appreciate the company offering it.
A vibrant retirement plan with engaged employees becomes a corporate asset rather than an unappreciated expense.
Benchmarking your retirement plan is like a “check-up” for your benefits. Just like you shop around for health insurance each year to make sure you’re getting the best value, it’s important to do the same with your retirement plan—though not every year. Every few years is enough. Yet many organizations have either never done this, or it’s been well over five years since their last review.
When we benchmark, we look at:
- Fees
- Investment performance and diversification
- Compliance
- Education and communication
- Overall employee engagement with the plan
On top of that, an annual review helps you understand how employees are actually using this benefit: Are they participating? Contributing enough? Meeting with advisors? Logging into the platform? Rolling money in or out? These insights shape a strategy for the year ahead so your plan works harder for your people.
Here’s what makes our approach different: we focus on employee engagement. If employees aren’t engaged, even the best plan won’t create impact. That’s why we make the process fun, interactive, and rewarding. When people start thinking differently about money—saving more, spending less, planning for their future—that’s when real change happens.
We’ve seen this approach transform results for municipalities and local governments, and we’d love to explore how it could do the same for your employees.
Let us explain how we can help you create a new, positive attitude around this important benefit. More about how we can help you manage your retirement plan here.