The Alliance to Release New DC Participation Program

September 23, 2004 ( - Citing a lack of motivation and education as reasons for minimal participation in defined contribution plans, The Alliance of Fiduciary Consultants (TAFC) has announced the creation of a new program aimed at increasing participation.

The program, entitled ‘It’s your Money’, is composed of three separate elements:

  • An interactive motivational employee exercise aimed at basic education as well as getting employees to join and take responsibility for their 401(k) plans.
  • An optional half-day employee program providing an explanation of the structure and operation of defined contribution plans, as well as savings and investment strategies.
  • A participant ‘tool kit’ that offers an employee workbook on savings and investment concepts, as well as a set of worksheets to help participants calculate savings levels and future payouts.

For more information, please visit TAFC’s Web site at