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How Employers Can Restructure a 401(k) Investment Menu to Increase Participation
Fiduciary News; free registration required Link to more items from this source
June 5, 2013
"Here's a look at how professional advisers have successfully implemented the four proven strategies to reduce choice overload in 401k plans. [1] Reduce the Number of Choices ... [2] Make the Consequences of their Actions More Vivid ... [3] Group Investment Options into Groups More Aligned with Employee Psychology ... [4] Develop a Decision Tree Beginning with Questions with the Fewest Options and Ending with Questions with the Most Options[.]"

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