Even with a heavy focus on education and new plan designs that try to round up new employees and get them saving in a 401(k) plan, there are still flaws in the workplace-sponsored retirement plan market.
The biggest has nothing to do with what employers are offering and everything to do with the innate human characteristic of inertia. Studies have shown that plans are doing a great job in getting new employees enrolled in their 401(k), 403(b) or 457 plan but have completely ignored employees who have participated in the plan for years but have never made a change to their investment allocations or increased their contributions.
