A new study by kasina, a financial services consulting firm, outlines ways to increase enrollment and participation in defined contribution retirement plans.

"While two-thirds of plan sponsors rate enrollment and contribution levels as the most important factor in determining the success of a plan, those rates remain well below optimal in most defined contribution plans," said kasina's Michael McLaughlin, one of the study's principal authors. Often, employees have no knowledge of the firm running their company's retirement plans. This, kasina notes, provides an opportunity for improving plan services.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.