Compensation Strategies Group, Ltd.
Nova 401(k) Associates
Nicholas Pension Consultants
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|Retirement Plan Committees and Inclusivity|
Sept. 29, 2021
"Make sure your committee's demographics match your employee base.... [D]efine which diversity measurements will be monitored ... Are more women participating in the plan versus men? How many participants identify with a race other than White? Which groups have lower contribution levels or higher loan usage? ... Make the numbers visible to the retirement plan committee so that all are collectively held accountable[.]"
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