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Education & Communication
A successful communication program is critical to the success of a company’s retirement plan. Our team understands that the development of an effective communication program varies greatly across industries, from business to business and employer locations. We review the wide variety of available options with the retirement plan committee and create an appropriate program for their particular employee population.
Consistent communication of the plan increases employee understanding and participation while raising the profile and appreciation of the retirement plan.
Four questions for plan sponsors:
- Are you getting the most out of your vendors existing tools and services?
- Is your consultant assisting with communication and education?
- Is the current communication strategy proactive or reactive?
- Is your communication program impacting plan metrics?
Our goal is to affect change with your communication program. We will develop a communication continuum for all your participants. We will work with your vendor to identify and utilize every resource they provide. In addition, CBA has several proprietary tools and resources that we can implement as part of our service to your plan.
CBA will either negotiate these items with your current vendor or we will produce them in house through our communication specialists.
Key components of a Corporate Benefit Advisors, Inc. communication strategy include:
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COMPONENT
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RESPONSIBILITY
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Develop/refine strategy for employee education and communication
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CBA
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Design custom materials for meetings and ongoing education
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CBA to negotiate with Vendor
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Provide ongoing education and participant support
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CBA and Vendor
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All on-site meetings conducted by securities licensed representatives
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CBA and Vendor
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On-site group investment education meetings
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CBA and Vendor
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Multi-lingual meetings and materials
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CBA and Vendor
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Video teleconferencing “WebEx” meetings for remote locations
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CBA
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Access to on-line investment and financial planning tools
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Vendor
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Customer service representative contacts for plan participants
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Vendor
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Retirement gap analysis and projections
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CBA and Vendor
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Targeted communication reports
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CBA and or Vendor
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General topic web and group meetings
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CBA and Vendor
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Distribution education
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CBA and Vendor
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