Employer Resource Center

Help ‘Em Out: Four Ways to Increase Employee Retirement Contributions
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
As a retirement plan sponsor, you want your employees to save the most they can in order to reach their maximum retirement potential. A significant amount of research says that you can improve both employee participation and their saving rates. Here are four ways you can help your employees start building a confident retirement: Boost  Read More →
Changing Plan Providers: Moving Participant Investments
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Once you’ve made the decision as plan sponsor and fiduciaries to move your organization’s retirement plan to a new recordkeeper, one of the following questions becomes what to do with participant investments. It’s very likely that the plan will have a new investment lineup when it moves to the new provider. As fiduciaries, you are  Read More →
Loss Aversion and Fighting Fear
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Loss aversion sounds like a good thing — trying to avoid losing. What could be wrong with that? Unfortunately, if taken too far, it can actually be a threat to retirement plan participants’ long-term financial health. Loss aversion is the tendency to prefer avoiding potential losses over acquiring equal gains. We dislike losing $20 more  Read More →

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