Despite also having to cope with fiduciary and administrative responsibilities, retirement plan sponsors are setting their sights on participant education as their top priority.
That’s according to a OneAmerica poll, which finds that fiduciary responsibilities (57 percent) and administrative tasks (45 percent) were high on the list of plan sponsors’ top concerns.
But the top priority for 69 percent is “providing participation education,” followed by improving participation rates, at 67 percent.
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