Behavior Changing 401k Education For Recordkeepers

Millennials | Remote Workers| Spanish Speakers



What is 401kbuddy™?


401K EDUCATION TOOL

401kbuddy™ is a web-based 401k education tool used by recordkeepers to help plan sponsors and plan advisors engage millennial, remote, and spanish speaking employees. Recordkeepers can license a company branded 401kbuddy™ site that links over to their platforms to get participants enrolled. Simply put, 401kbuddy™ makes 401k enrollment simple and effective for all employees.



 



How does 401kbuddy™ Help Recordkeepers Change Employee Behavior?



Plan Advisors: 401k Education Tools To Help Engage Every Employee
WHITEBOARD VIDEOS

Plan Advisors: 401k Education Tools To Help Engage Every Employee
SIMPLIFIED LANGUAGE*

Plan Advisors: 401k Education Tools To Help Engage Every Employee
STEP-BY-STEP GUIDANCE

Plan Advisors: 401k Education Tools To Help Engage Every Employee
ACCESS FROM ANY DEVICE




*Available in spanish for company branded sites.


Free Education Tools For Recordkeepers


401k Education Tool For Plan Advisors

“Free Money” Calculator


  • Shows 401k Match In Dollars
  • Works with any plan
  • Increases Contributions
  • Mobile Friendly
Get Your Free Calculator
Plan Advisor Enrollment Video

Enrollment Video


  • Whiteboard Animation
  • Increase Enrollments
  • 3 Min Long
  • Show During Enrollment
Get Your Free Video

– 401kbuddy™ Features –


Whiteboard Animation

Recordkeepers recognize that powerpoints are outdated and haven’t proven to be very effective in changing employee behavior! We’ve developed a series of whiteboard animation videos to help recordkeepers, plan sponsors, and plan advisors educate employees while keeping them engaged.



Plan Advisors: 401k Education Tools To Help Engage Every Employee

Simplified Language

Plan advisors often use charts + complicated financial language (reminding employees of statistics class). Participants are only motivated by language they can understand! 401kbuddy™ it things simple.



Plan Advisors: 401k Education Tools To Help Engage Every Employee

Step-By-Step Guidance

Employees (especially Millennials) want to be walked through the process of enrolling. 401kbuddy™ scales the plan advisor and recordkeeper’s impact by personalizing the content depending on where the employee is in the process of enrolling.



Plan Advisors: 401k Education Tools To Help Engage Every Employee

Investment Assistance

One of the biggest reasons employees don’t enroll is because they aren’t sure which investments to choose. 401kbuddy™ provides guidance to employees to help them choose suitable investments.



Plan Advisors: 401k Education Tools To Help Engage Every Employee

Access From Any Device

Engaging employees who are in multiple locations or who work remotely can be extremely challenging. 401kbuddy™ has been optimized for all mobile and tablet devices allowing plan advisors and recordkeepers to impact employees no matter where they are located.



Plan Advisors: 401k Education Tools To Help Engage Every Employee

At Your Own Pace

Some employees learn a little more slowly than others. 401kbuddy™ is designed in a way that allows employees to learn at their own pace. Employees can easily skip a section or re-watch a video.



Plan Advisors: 401k Education Tools To Help Engage Every Employee


“In a recent choice model we developed at Boston Research Technologies, ‘behaviorally effective education’ emerged as the number one record keeper selection factor among large and jumbo plan sponsors.”


Warren Cormier President and CEO of Boston Research Technologies




Recordkeepers: 401k Education Tools That Change Employee Behavior

During A Recent 401kbuddy™ Case Study…



% Of Employees Increased Contribution*
71%


Average Contribution Increase
5.56%


Download Case Study

*71% of employees who went through 401kbuddy™ increased contributions. If employees who were already contributing 10% are excluded, 86% increased contributions.



401kbuddy Overview

Our Step-By-Step Guide is Broken Down Into 4 Sections



Recordkeepers: 401k Education Tools That Change Employee Behavior
1. 401k
Introduction

Recordkeepers: 401k Education Tools That Change Employee Behavior
2. Investing
Essentials

Recordkeepers: 401k Education Tools That Change Employee Behavior
3. Investment
Help

Recordkeepers: 401k Education Tools That Change Employee Behavior
4. Enroll/Make
Changes*


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*Employees will make all investment and 401k changes on your platform.