Q2 2023 Employer Newsletter: Employee Engagement Edition

  • Bjork Group

Bjork Group-Q2 2023 Plan Sponsor Newsletter

More and more employers are becoming aware of the positive impact of financial wellness. A well crafted financial wellness program can provide employees with the knowledge and tools to understand why, when and how to achieve savings success.

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4 Ways Employers Can Create a Culture of Wellness

  • Bjork Group

Bjork Group-4 Ways to Create a Culture of Wellness

To compete for top talent, companies are looking for innovative ways to stand out in a competitive labor market. Employees are looking for beefed up benefits that support their social, physical, mental and financial well-being.

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Is Financial Education on Company Time Worth It?

  • Bjork Group

Bjork Group-Financial Education on Company Time

Financial education is becoming increasingly important in today's world, but is it worth the company's time and resources to provide such a service? Helping employees reduce financial stress can help improve wellness, retention and productivity – and cost a fraction of the time lost from overwhelmed employees.

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Financial Stress Has More Impact on Your Company Than You Think

  • Bjork Group

Bjork Group-Financial Stress Impacts Your Company

In today’s economy, financial stress is having a profound impact on working Americans. Stressed employees are feeling the pinch; this can affect productivity, retention and engagement at work. Financial education could be an easy solution that helps your employees and overall business.

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Q1 2023 Newsletter: Fiduciary Plan Governance Edition

  • Bjork Group

Bjork Group-Fiduciary Plan Governance-Newsletter

At this time of year, plan sponsors are focused on their fiduciary duty which includes investment oversight, rethinking plan goals and benchmarking their plan.

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Why Plan Fiduciaries Need to Pay Careful Attention to Retirement Plan Fees

  • Bjork Group

Bjork Group-Pay Attention to Retirement Plan Fees

Competitive benchmarking is a way to measure and compare fees associated with running your retirement plan. Explore the most frequently asked questions about plan costs and benchmarking.

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Fiduciary Best Practices: Why Investment Oversight is Important for 401(k) Committees

  • Bjork Group

Bjork Group-Fiduciary Oversight 401k Investments

Selecting and monitoring investment options for your company’s retirement plan is just one part of your fiduciary responsibility. How do you evaluate, benchmark and assess your plan and what other expertise or protection should you consider?

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Defining Workplace Goals is a Vital First Step to an Effective Retirement Plan

  • Bjork Group

Bjork Group-Defining Retirement Plan Goals

Retirement plans can be as unique as your company and its employees. Yet many committees do not take the time to set specific goals for their plans. Without defined goals, it can be difficult to create an effective retirement plan that meets expectations. Here’s helpful guidance about defining your plan goals and offering this benefit which helps everyone save toward retirement success.

Each time you discuss the company’s 401(k) plan, it is an opportunity to identify goals and align plan design. 

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