Fourward Thinking: Your 401(k) Game Plan
By Nick Hemsted
Fourward Thinking is about breaking things down into four manageable steps. Each set of tips is designed to help you approach your 401(k) decisions with clarity.
1. Don’t just offer a plan—educate on it.
Most employees don’t understand how it works or what to do. Help them with clear, engaging communication. The best design fails without understanding.
2. Want higher participation? Start with enrollment meetings.
A single well-run kickoff can raise participation 20–30%. Pair it with email follow-ups and 1:1 advisor access. Education drives engagement.
3. Even small businesses deserve big-plan features.
Today’s 401(k) tech allows for automation, customization, and lower fees than ever before. Don’t assume you’re stuck with a basic setup. Modern solutions can elevate your offering.
4. How are you helping employees increase savings over time?
If you’re not auto-escalating, you're leaving impact on the table. Gradual increases (1% a year) can double retirement savings over time. Set it once—change lives.
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: The material presented by Nick Hemsted is for informational purposes only. It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Actual economic or market events may turn out differently than as presented. Nick Hemsted is a Financial Advisor with Legacy Financial Group. Advisory services are provided by Legacy Financial Group, a registered investment advisor with the Securities and Exchange Commission. Materials posted to this site are from external sources and are provided for your convenience in locating related information and services. Legacy expressly disclaims any responsibility for and does not maintain, control, recommend, or endorse third-party sites, organizations, products, or services, and make no representation as to the completeness, suitability, or quality thereof.
