6 New Year’s resolutions for 401(k) plan sponsors

A few changes can make your good 401(k) plan into a great one. To help your 401(k) plan achieve greatness, consider resolving to have the following in place by year-end.

The greatest source of stress for your employees is financial. A 2016 Purchasing Power study reports that 43% of the surveyed group experienced at least some stress from financial issues. The report also indicates that one-third of workers have trouble meeting monthly expenses and that 41% don’t have a budget. And bad news for you: The study found that 37% of employees spend time at work dealing with personal finance issues.