One of your responsibilities as a plan sponsor is to explain your plan to your eligible employees so that they have a clear understanding of how it works and what to expect. In addition to providing information when employees first become eligible to join your plan, it’s important to provide ongoing communications so that participants can track the progress of their retirement accounts and obtain information to make informed decisions.
Your Symetra Financial Professional will meet with you and your employees to conduct your initial enrollment meeting. At this meeting, employees will receive printed materials and tools to assist them in determining their retirement planning needs.
Topics covered and tools available to participants include:
Participants also have the option of accessing this information online.
After enrolling, participants will have continued access to updated information about the investment options offered within their plan. Quarterly, they will receive a statement that graphically illustrates how their account is invested, as well as their account value and transaction activity for the reporting period. In addition, participants have the option of obtaining account information online, through our voice-response system or toll-free from a Customer Service Representative.
Your Symetra Financial Professional may also be available to conduct periodic employee meetings, or to meet with employees one-on-one.
