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.

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.