It’s not necessarily something that can be done at the flick of a switch, but it can be baked into the process.
Tag "Tolen Teigen"
If a company sees a substantial number of employees exit their firm, this can have a detrimental impact on all areas. Even the company’s 401k can be negatively affected in a number of ways.
Familiarity may breed contempt, but it also makes you sloppy. Do you know plan sponsors that have forgotten they need to address these matters?
The mistaken promise of participation may have an all-too-familiar ring to corporate retirement plan veterans.
