Fourward Thinking: Your 401(k) Game Plan
By Nick Hemsted
Design your plan like a product.
What behaviors do you want to drive? What experience do you want employees to have? A plan that works for people is a plan people use.
You can’t fix what you don’t measure.
Participation, deferral rates, match take-up, and leakage are all metrics that matter. Review them quarterly. Success is more than just having a plan—it’s about results.
Your 401(k) can support retention—but only if people see its value.
Highlight it in onboarding, performance reviews, and leadership meetings. Make it part of your narrative. A benefit unrecognized is a benefit unused.
You spend real money on your 401(k). Treat it like any other major investment.
Fees, fund performance, and plan usage are all measurable. You’d audit any other six-figure budget—why not your benefits? ROI matters here, too.
Planning doesn’t have to be about control.
It can be about freedom.
We work with people who want more intention - not more to-do lists.
Disclosures: This blog contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this blog will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Legacy Financial Group does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Past performance is no guarantee of future results.
Mutual funds are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing in Mutual Funds. The prospectus, which contains this and other information about the investment company, can be obtained directly from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.
