Educate

Often, clients find significant value in our ability to educate, communicate and motivate to you and your participants to make the most of your qualified plan-a time-consuming effort that should not be compromised.

According to the Employee Benefits Research Institute, roughly 30 percent of workers who are offered a 401(k) plan at work fail to participate in it. Worse yet, they do not make any changes to contributions or choose different investments. Why this apathy? Lack of education, communication and motivation.

It is hoped that the "automatics" of the Pension Protection Act of 2006 will stimulate more participation and contribution with automatic enrollment, escalation of contributions and more.

But we can help, too. We'll offer you strategies on how to boost participation while you, as plan sponsor and fiduciary.

Without cohesive and consistent employee communications process, even a well-designed 401(k) plan will stumble or stagnant. Through our communication services, you can increase understanding, satisfaction, and participation in contributions, asset allocation and risk tolerance. Some of the essential elements that form this service:

Due to lack of time and resources, many plan sponsors are unable to offer financial planning assistance to their participants. With 401(k) Advisors - AZ, participant assistance is part of our trademark service through investment education meetings.