While companies and 401(k) plan providers are targeting participants with educational materials, more options and new features aimed at increasing participation rates, contribution levels and plan diversification, participants do not appear to be catching on to that message.

A new report issued by Hewitt Associates, a Lincolnshire, Ill.-based retirement consultant, highlights areas in which plan sponsors' and providers' communication and education efforts are falling short in informing participants about important retirement savings issues.

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