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Only 25% of plan sponsors with 100 or more employees and plan assets between $5 million and $500 million partner with a professional adviser, according to a recent report from The Retirement Advisor Council.
The study demonstrates benefits of partnering with a professional retirement plan adviser for 401(k) and 403(b) plan sponsors.
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From fiduciary guidance to financial education, advisers are taking on more responsibility as sponsors expand investment choices and focus on participant outcomes.
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Advisers who treat absence as a strategic discipline, not a vendor handoff, will have a stronger story to tell and a more valuable role to play.
Caregiving should be viewed as a measurable workforce issue directly tied to productivity, retention, employee wellbeing and long-term workforce stability.
A financial spreadsheet alone cannot capture the total value and performance of a benefits program, nor can numbers on a ledger guarantee long-term operational success.
