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Open enrollment presents an optimal time to reevaluate your employee benefits strategy and take stock of how well your retirement plan supports it.
Whether your benefits strategy emphasizes talent attraction and retention or employee engagement and well-being, plan data and benchmarking can uncover whether your 401(k)-plan design aligns with your benefits strategy and, if not, what changes to make.
David Stinnett is principal, head of strategic retirement consulting at Vanguard.
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