Faculty in higher education face scattered retirement accounts, high fees, and complex transfers, making it harder to build long-term financial security.

Workplace disengagement is rising as financial stress makes it harder for employees to focus, perform, and remain committed.

Plan fees drain retirement savings, tiny charges add up to thousands lost over time, leaving participants with smaller nest eggs and higher sponsor costs.

Frequent job changes create scattered 401(k) accounts, leading to higher fees, lost growth opportunities, and reduced engagement with retirement savings.

People change jobs 12 times on average and the retirement system leaves billions trapped in old accounts with high fees and lost savings.

Old retirement transfer methods waste time, add costs, and make it harder for employees to manage their savings.