I don't have a bank account because I don't know my mother's maiden name.
Paula Poundstone
OK - so I feel a little weird with this one, very much like an old grumpy dad giving his kids unsolicited financial advice. I can feel the virtual eyes rolling even now, knock it off.
ArcStone has a 401K plan. We don't do any matching, but the vehicle is there for saving if anyone wants to participate. I was reviewing our quarterly report and I realized that the level of staff participation is barely over what we pay each month to have the plan in place.
I'm going to try a few things to see if I can get participation up - I hate paying for a benefit that people don't use.
Anyone have any reasonable ideas?
I'll post what we came up with as a follow-up to this.
Now off to my bully pulpit to lecture.....
