1) Customized enrollment meetings for new and non-participating employees in group and/or individual sessions
2) On-going participant education that is focused on increasing employee participation and satisfaction with the plan; with major emphasis upon understanding the plan’s investment choices, the benefits of diversification and asset allocation in reducing risk, and planning for retirement needs.
3) On-going participant education that is tailored according to specific demographics, i.e. employees over 50, female employees, etc. Investment knowledge, retirement goals, and life values can be distinctly different among groups of employees, and education is most valuable when it is focused.
4) Train the trainer sessions for human resource managers and departments: providing updates of recent IRS, EGTRRA, and ERISA regulations that may impact their plans, explaining in detail the features of their plans, giving them an investment overview, getting to the bottom of thorny questions they may have, and giving them language and approaches that will strengthen their ability to better assist their employees, in short making their job easier.