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Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
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MAP Retirement
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Pattison Pension
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Sentinel Group
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DWC - The 401(k) Experts
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BPAS
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Regional Vice President, Sales MAP Retirement
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Retirement Relationship Manager MAP Retirement
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MAP Retirement
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Pension Investors Corporation
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Plan Administrator, Defined Benefit & Cash Balance The Pension Source
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What Can Plan Sponsors Do to Bring Employees Up to the Optimal Deferral Target?
Fiduciary News; registration may be required 
Sept. 22, 2020 "[T]he company match alone cannot represent the sole target for salary deferral. It might represent a minimum, but it is very clearly not a good measure for the maximum (unless the match is extremely generous).... Plan sponsors shouldn't make the mistake to think assisting employees to save the optimal deferral percentage is limited to a periodic meeting. It should be inculcated throughout the organization.... Plan sponsors need to be more proactive to get employees to reach their salary deferral target." |
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