Information Technology Firm:
Financial Wellness Program Boosts Participation to 92% and More than Doubles Employee Contribution Rate
A successful IT firm with 450 employees, most under the age of 35 implements a comprehensive program including education, budgeting for retirement savings, and debt management thanks to Retirement Plan Advisor Mike Kane of Plan Sponsor Consultants. Participation jumps from 63% to 92%, average employee contribution increases from 4.2% to 8.7% of pay.