There’s a missed opportunity lurking in retirement plans: Lackof frequent reviews on how effective those plans are in preparingemployees to afford retirement at theproper time.

That’s according to the 2016 MassMutual Retirement Plan ReviewStudy, which found that while many plan sponsors say they want toreview their retirement plansmore often than they currently do, many sponsors want advisors tohelp them do so.

Fifty-seven percent of plan sponsor respondents said they wantadvisors to help them review their retirement plans semiannually oreven more often, but 44 percent of sponsors report that suchreviews currently take place.

Sponsors who rely on advisors, the study found, typically reviewtheir retirement plans more oftenthan sponsors who do not use an advisor. The study also founddifferences in focus between sponsors with an advisor as opposed tosponsors without an advisor. During plan reviews, sponsors who workwith an advisor typically prioritize satisfaction with their planprovider. Sponsors without an advisor, on the other hand,prioritize fees and costs.

Among other findings: For sponsors with an advisor, 45 percentcite employee participation rate as a major consideration, whileonly 34 percent of sponsors without an advisor do. In addition,half of those with an advisor say that the effectiveness ofeducation and advice is a consideration, while just 31 percentwithout an advisor do so.

Sadly, lowest on the totem pole is the question of whetheremployees are saving enough. Even among sponsors with an advisor,just 27 percent of sponsors said that was a major consideration;among those without an advisor, only a quarter did so.

“Advisors can do a world of good to help employers focus onsavings, the effectiveness of education programs, and perhaps theultimate metric: whether their employees on target to be retirementready,” Tom Foster Jr., spokesperson and practice management leaderfor MassMutual Retirement Services, said in a statement. He added,“Participation in the plan is certainly important too. But if everyemployee participates but each saves only 1 percent of his or hersalary, it’s totally ineffective as no one will ever be prepared toretire.”