Insight shows the likelihood of participants meeting their savings objectives. We make recommendations to sponsors based on the report. Changes to the plan are designed to help improve participants' chances to acheive their retirement income objectives. These may include changes to retirement date and savings rate expectations, etc.
An Insight report includes:
A sample tracking report of participant retirement readiness by age:
And recommended plan changes:
Insight uses the ProManage PROgram principles and an analytical hierarchy process to examine participant saving and investment behavior, and make recommendations to improve their readiness for retirement.
For a detailed sample Insight Report click here.
And Insight is only available from ProManage.