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Frequency of Educational Seminars Linked to 401(k) Participation, According to Study
PLANSPONSOR 
Nov. 17, 2009
Excerpt: According to a new study in Economic Inquiry, regular employer-sponsored retirement seminars motivate more employees to participate in and contribute to company 401(k) plans. In the study, direct links were found to exist between how often a retirement seminar is offered and increased levels of 401(k) activity - especially among those employees lower down on the pay scale. Participation rates by non-highly compensated employees are 11.5% higher with plans that offer frequent seminars, than those with no seminars, according to a press release. For highly compensated employees, participation is 6.5% higher when seminars are more regularly available.
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