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Savings Inertia: Moving Beyond the Default
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
New research has revealed some telling patterns in employee retirement plan contribution rates. According to PLANSPONSOR’s 2025 Participant Survey, nearly 4 in 10 participants said that, when choosing their rate, they simply stayed with the plan’s default setting. What this means is that the default doesn’t always just start the retirement savings journey. For a  Read More →
Engaging the TikTok Generation on Retirement
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Nearly a quarter of all Gen Z employees aren’t enrolled in a company retirement plan, according to BenefitsPro. That’s three times the rate of millennials, Gen X, and Boomers. In addition, 12% of Gen Zers don’t take advantage of any workplace benefits at all, twice the rate of other generations. Here are ways plan sponsors  Read More →
The Road to 15%: Helping Employees Navigate Toward Retirement Readiness
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Many advisors recommend saving 15% of pre-tax earnings, including any employer match, to prepare for a secure retirement — but to accomplish this, timing is crucial. According to Forbes, savers need to begin by age 35 to retire comfortably by age 65; to retire by age 62, they’d need to get started by 25. Looking  Read More →

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