Our Customized Participant Worksite Financial Wellness Education

Half of American workers are not ready for retirement, according to the most recent confidence survey published by the Employee Benefit Research Institute.¹

Eighty-one percent of employees say they are a little or a lot behind schedule in planning and saving for retirement.

  • Workers say they do not know how to save, and fail to see the importance of putting money in a retirement plan, or if they do, are not really sure how their money is invested.
  • The explosion of online technology has put more information at employees’ fingertips, which has been empowering for some, but debilitating for the majority who have saved less than $25,000 for their retirement.
  • In 2012, 42% percent of adults gave themselves a grade of C, D or F on their knowledge of personal finance, marking a statistically significant change from 2010, when as many as two in three adults rated themselves an A or B.²
  • Delayed action may cost employees and employers, in terms of higher salaries (as companies accommodate an aging work force putting off retirement) and increased healthcare costs.


Did You Know? Results to Consider:

99% – Employees who say they consider financial wellness education a valuable employee benefit, and would recommend it to coworkers.³
98% – Plan sponsors who agree that one-on-one meetings increased employee understanding of benefits.³
95% – Participants who responded that the one-on-one meeting was a valuable use of their time
17% – Higher participation and 12% higher average deferral rates when one-on-one meetings were offered.³


With many American workers confused about how to achieve a secure retirement, it’s time for a comprehensive approach to retirement saving, investing and spending. Help your employees take control of their financial well-being with Worksite Financial Solutions.

Financial Wellness – A Benefit for a Lifetime

A guidance-based, beginning-to-end retirement solution designed to help your employees create confidence in their financial life. It includes workplace education tailored to the unique needs and profiles of your workers, supported by qualified LPL Financial Advisors who are committed to providing unified, coordinated advice. Whether your employees are joining the plan for the first time, accumulating assets or seeking help with career transitions, Worksite Financial Solutions pulls all aspects of your employees’ finances into a single, manageable focus that saves time.

With the right information and personal guidance, employees learn how to overcome their personal roadblocks to saving. They will learn about the true motivations behind their decisions, and how to overcome their impulses when making financial plans. Most importantly, they will learn how to reshape their financial life.

 In the news:

Learn more: Download Worksite Financial Brochure

financial wellness educationGet a complete overview of the Worksite Financial Solutions available and how we can develop a customized program around your employees’ specific financial concerns and education needs.

The 5 Modules of Worksite Financial Solutions

#1 Employee Education Solution

Lower productivity, higher absenteeism, and higher healthcare costs can cause stress in a company. Employees will enjoy our creative and fun workshops such as:

  • “The Retirement Zone, New Choices and Possibilities”
  • “Romance and the Business of Life, Managing Marriage and Money”
  • “Women, Money and Choices”
  • Fan favorite “Kids and Cash”

This video describes how the Employee Education Solution can help plan sponsors make better informed, better educated and more confident financial decisions.  

#2 Employee Transition Solution

It is not always easy when employees separate from their company. This video explains how the Employee Transition Solution can help former employees understand their options. This also helps potentially lower plan costs as well as reduce fiduciary liability for the employer. 

#3 Employee Engagement Solution

Up to 33% of new employees leave their 401(k) balances behind. This video describes how the Employee Engagement Solution can help increase plan enrollment, raise average deferral rates and make employees more confident. 

#4 Employee Advice Solution

The Employee Advice Solution gives employees a unified strategy based on education and advice, saving them the time, effort and resources needed to tackle it alone. This service takes into account all assets the employee has and provides not only a total portfolio view but advice on how to invest their 401k account within their overall investment portfolio strategy in order to potentially help reduce volatility and closer adherence to their retirement goals.

#5 Plan Termination Solution

Plan termination can be stressful for plan sponsors. This video describes how Plan Termination Support can help them address regulatory requirements, fill out the necessary paper work and document the recording process. 


Learn more

Your Next Step: Request your Worksite Financial Solutions Brochure today.

Learn how Financial Wellness and Worksite Financial Solutions can positively impact your company and improve the chances your employees will retire secure and comfortably.
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In-plan Advice Statistics:
Source 1: The New Rules of Engagement for 401k Success; Charles Schwab (June 2010)
Source 2: Help in Defined Contribution Plans; Financial Engines/ AON Hewitt Study 2006-2010 (Sept. 2011)
Source 3: Help in Defined Contribution Plans, is it working and for whom? Financial Engines (January 2010). Not a Guarantee of Future Results
1 EBRI’s 2012 Retirement Confidence Survey: Job Insecurity, Debt Weigh on Retirement Confidence, Savings
2 Harris Interactive Inc., The 2012 Consumer Financial Literacy Survey
3 Employees of an 8,000-plus employee group who left feedback about the company’s financialwellness program
4 Principal Retire Secure 2010 Participant Survey
5 Principal Retire Secure database statistics of 50,000 one-on-one meetings, as of Q4 2009