Promote the value of your employer match
Does your organization match employee contributions into the plan? Make sure your participants know about it - and why they should take advantage of it.
- The value of matching contributions flier (PDF:303 KB), PTC37D
"Stretch your match" to encourage saving more
Did you know that small changes to your match formula could help increase your participants' deferral percentages - without costing you any extra?
In the two different employer match formulas below, the employer contribution is the same. As the match "stretches," the participant contribution increases without increasing the overall matching contribution amount.
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