What does it take to double the number of participants in an employee retirement plan? Or, more accurately, produce an 860 percent jump in participation?
In the case of a recent experience with one of OneAmerica's clients in the Midwest, they discovered that a team approach – including being "embedded" at the workplace for an extended period with employees who can be gradually coaxed into the benefits of taking part in the plan – resulted in a huge success.
Jim Gavin, One America's PR manager, relates the story of Missouri-based SoutheastHEALTH, a large, multi-state health care organization with about 2,300 employees and some $80 million in assets in a 403(b)/401(k) combination retirement plan.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
