Strategic Retirement Plan Analysis & Design
A Fortune 500 telecommunications service provider was interested in evaluating its current 401(k) plan design. It wanted to evaluate such factors as:
- How do participants perceive the plan?
- How does the plan compare to offerings at peer companies?
- Does the plan assist participants in preparing for retirement?
- Does the plan serve the needs of different employee groups (e.g., new hires, mid-career employees, etc.)?
- Is there a better way to spend the match dollars being contributed to the plan?