Participant Services

Many retirement plan participants are not on track to meet their retirement goals. According to a report published in 2016 by the Employee Benefit Research Institute:

• Just 21% of all respondents said they are very confident about having enough money for a comfortable retirement, whereas 19% are not confident at all. 
• 33% of respondents over the age of 55 said they have less than $25,000 in retirement savings.
• 48% of all respondents said they have not done a retirement-needs calculation.

We are in a unique position to positively impact the lives of plan participants. It is a position we fully appreciate and take very seriously. As such, we work hard to provide the highest level of participant services, including:

• Group and individual meetings
• Custom employee education strategies
• Complimentary personalized retirement analysis reports for participants 
• Institutionally managed model portfolios
• Asset allocation and investment guidance
• Financial planning and executive wealth management
• Customizable employee newsletters and memos
• Annual report measuring effectiveness of the employee education plan

Through a combination of plan design features and our comprehensive communication services, you can increase participation and deferral rates and help employees develop a better understanding of asset allocation and risk tolerance.