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Morgan Stanley at Work has released research from a workplace retirement study that shows plan sponsors continue to see the 401(k) as a leading retirement benefit when it comes to attracting and retaining talent. However, plan design is a differentiator for companies as are 401(k) plans with a financial advisor, or that offer features like Roth or company match.

Plan sponsors cite features of an attractive 401(k) plan to boost engagement and participation including:

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