Job transitions scatter retirement savings, creating forgotten accounts and reducing growth potential.

High turnover leads many workers to cash out their 401(k)s due to outdated transfer processes.

Participants lose up to 1% of their retirement contribution rate with each job change despite earning 10% more in salary.

Millions of Americans turning 65 face outdated retirement transfer methods, leading to $1.65 trillion in forgotten accounts.

Inactive accounts and manual transfers cost retirement plans millions each year. With 401(k) consolidation, plan sponsors are positioned to support participant account growth, workforce wellness, and better plan health for their organization.

Keeping up with the 2025 retirement plan updates helps you stay compliant, support participants in maximizing their savings, and create a smoother plan management experience.