Three in five 401(k) plan participants wish their employers would be a bit more proactive in educating them about their retirement plan options.
According to the "Fourth Annual 2012 DC Participant Experience Study" by KK & Company and Greenwald & Associates, 401(k) participants would appreciate if their companies provided them with more analysis, solutions and a better understanding of the tools and guidance the plan provider has to help them optimize the use of their retirement plan.
Almost half of participants felt like they were behind in saving for retirement.
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