With Cycle 3 Amendment deadlines fast approaching, now is a great time to review all of the provisions in your retirement plan. Measuring your retirement plan’s data provides key information to help increase its competitiveness, which can be extremely helpful in today’s hyper-competitive labor market.

Benchmarking is a way to determine your retirement plan’s effectiveness. As relevant data is gathered, you can compare your plan to others of a similar size in your industry. Doing so regularly can help identify meaningful opportunities for improvement.

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