MANFIEST
Manifest engages active and inactive participants, increasing engagement while lowering an employer's financial burden by 20%.
In all retirement plans, there are two categories of participants, Active and Inactive.
Current employees involved in their account and activley contribute.
Ex-employees that left the company, leaving their accounts to collect dust.
The average worker has nearly three retirement accounts. Manifest
consolidates those accounts into their current employer-sponsored account.
Each year, these old accounts cost the employer money and increase their liability. Manifest engages inactive participants and transfers their accounts off.
Lowers employer's cost by 20%
Save $540 per account over 5 years
As you company continues to grow, the natural turnover process runs its course.
Unavoidably, your retirement plan will accumulate more and more inactive members.
Typically, there are two Inactive for each Active participant.
Answer 1
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