Plan Design
To what extent will you consider plan design changes proven to materially enhance participant retirement outcomes?
Proper plan design can help you:
Improve Participant Retirement Readiness
Increase Employer Tax Savings
Inspire and Motivate Employees
Simplify Plan Administration
Reduce or Eliminate Employee Loans
Increase Participation Rates and Deferral Rates
Reduce Plan Expenses
Reduce Employee Turnover and Absenteeism
Reduce Employer Responsibilities and Liabilities
Automatic
Enrollment
Automatic
Escalation
Plan Design
Minimum
Deferral
Loans &
Hardships
Recordkeeping
Fees
Employer
Match
Choice
Cost