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How to provide retirement education to your participants without breaking the bank.

It's important for plan sponsors and participants to be educated about their retirement plans. However, some employers fear that taking the time to provide this education can be too costly. This is a misconception! Check out the following examples! The examples relate to a company we will call "ABC". EXAMPLE 1: ABC Company with fifty employees holds mandatory two-hour retirement plan meetings during the workday. ABC employees earn $18.00 per hour with taxes and benefits being another $3.60 per hour. The direct cost per hour per employee is $21.60. If every employee attends the two-hour meetings, then the cost is $2,160.00 (50 employees x 21.60 rate x 2 hours) WRONG This cost analysis is inco

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