Employee Education and Communication
Retirement plan participation rates increase when employees understand the benefits available to them. Once employees are enrolled in the plan, they can control their transactions, seek professional advice and continue learning about retirement investing. It’s a great way to keep them enrolled and on the right track for retirement.
Enrollment meetings
We recognize that not everyone has the same level of investing experience and are dedicated to providing education programs that meet the diverse needs of employees, from the beginner to the more advanced investor. We provide on-site and Web based enrollment seminars that demonstrate the value of planning for retirement and illustrate how the plan works. Our curriculum provides employees with information they need to make solid investment choices and understand how the plan fits into their overall compensation package.
We cover the following in our seminars:
- Information about the company’s retirement plan
- Review of plan specifics and access to account information
- Review of the investment options
- Importance of saving for retirement and tax advantages of saving in the plan
- Education on investing for retirement
- Enrollment and beneficiary forms
Multi-media life event education curriculum
Once the plan has been introduced, providing additional learning tools can help employees maximize their participation and plan for their future. Employees who feel good about the benefits they receive are more productive and can actually help promote the plan to their fellow employees. Providing plan participants with meaningful continuing education benefits employees and can improve your participation ratio.
Our colorful and interactive curriculum teaches participants valuable lessons on planning for retirement and other important life events through a self-study format geared toward how adults learn and retain information. The program offers Web movies, Web books, workbooks, and more.
The eight-stage curriculum includes topics such as:
- Explore your retirement plan
- Explore financial planning
- Explore retirement planning
- Explore asset allocation
- Advanced investing
- College savings
- Wealth planning
- Options at termination or retirement
Participant-friendly features
Companies can further encourage plan participation by providing useful features and services. In addition to receiving quarterly investment performance updates and information about their personal accounts, participants can also download a quarterly newsletter with additional information on saving for retirement.
User friendly transactions available through our Web site include:
- View account balances
- Transfer between investments
- Revise fund selections
- Conduct asset allocation modeling
- Request/view prospectuses and investment summaries
- Access “life-event” continuing education modules
- Access personalized online investment advice
Our toll-free automated voice response system is also available to participants who don’t have Internet access to complete important transactions.
