Retirement Plan Education Series Part III – 401k Education

Participant education is one of the most neglected aspects of a 401k plan. The goal for a successful plan should be the same for the sponsors and the participants; to reach retirement with the accumulated assets they need. Studies have shown that nearly one in four eligible employees do not contribute to their company’s 401k plan. Studies also show that even actively participating employees often have contribution rates and investment allocations inconsistent with their long term goals.  See 401k Education Program