Montgomery Retirement Plan Advisors
Uses Retiremap To Engage Participants

Tablet and web-based plan education
software that uses behavioral finance to
improve savings rates and participation.

  • Boost savings rates
  • Reduce fiduciary liability
  • Measure the impact of education

demo

What Is Retiremap?

Retiremap is tablet and web-based software designed to boost participant savings rates and measure the impact of education efforts. Unlike providers' tools, Retiremap is an independent, provider-agnostic and portable solution that documents the impact of education, as well as provide advisors with access to individual participant data in order to save time and deliver better service.

Engage Participants and Boost Savings Rates
Retiremap takes a behavioral finance approach to engage participants and make it easy for them to boost auto-deferral rates, while finding out how much they need to be saving to achieve their vision for retirement.

Reduce Fiduciary Liability
By offering a systematic education and communication program that documents how participants are engaged through tablets, webinars and email campaigns, along with the automated, verifiable 404(c) disclosures, Retiremap reduces fiduciary liability.

Measure the Impact of Education
Retiremap measures the direct impact plan education efforts have on improving participant savings behavior. This unique alternative to brochures and seminars provides plan sponsors with a Performance Report that documents, with a high degree of accountability, education's positive impact on plan outcomes.


Key Benefits for Plan Sponsors

Plan sponsors receive distinct benefits by using Boulevard R's Retiremap, since it helps you:

  • Engage Participants

    Retiremap uses behavioral finance and a visual goal setting process to engage participants and make it easy and compelling for them to boost their auto-deferral rate.

    Unique delivery innovations including tablets, webinars and email activation links deliver plan education with greater efficiency and impact.

  • Measure the Impact of Education

    Retiremap is the only plan education software that allows you to generate Performance Reports (see below for an example) that document individual participant behavior change.  This reporting feature measures:

    • Increases in auto-deferral rates
    • Distribution or retirement readiness
    • Usage metrics and participant adoption rates
  • Provide an Independent Solution and Reduce Fiduciary Liability

    When you change plan providers in the future, you can keep Retiremap since it is independent and layers on top of your current provider's platform. Even better, there are no switching costs if you change providers.

    By putting in place a systematic educational program that can track and account for individual participant use, while also providing participants with custom 404(c) disclosures, plan sponsors can limit their fiduciary liability.

    The 404(c) disclosure content was created with one of the top ERISA law firms in the country.

  • Deliver a Unique Benefit

    Above all other stakeholders, your employees trust you to help them plan for and reach a secure retirement.

    Retiremap provides employees with independent, holistic plan education that goes above and beyond what your plan’s service provider offers. The service Retiremap provides, helping to get employees on track to reach their financial goals, is a tangible employee benefit.

    Your employees are looking to you to provide a solution that engages them around their goals and breaks the inertia.

Demo Retiremap

Please fill in all fields and you will be redirected to a live plan sponsor branded demo site.

How Retiremap Works

Here is how Retiremap works:

  • An email with an activation link is sent to participants by Boulevard R on behalf of the HR contact
  • Advisors can also provide participants with a tablet (eg. iPad) running Retiremap for use in group or individual meetings
  • Participants are taken to a landing page and then into the interactive goals process
  • Once participants get their Result, they have the option to save more by increasing their auto-deferral rate and can also connect with their advisor
  • A customized online Dashboard is then created for each participant, with educational content that breaks their goals into steps and gives them tools to run “What If” simulations
  • About 24-48 hours later, the participant’s personalized Starter Roadmap is emailed to them, along with the password to their custom Dashboard
  • Advisors access the Management Interface to review individual participant information and request a Performance Report for plan sponsors





Starter Roadmap

Here is an example of the Starter Roadmap PDF that every participant receives when they complete the interactive goal setting process:

Performance Report

Retiremap helps advisors document their value to the plan sponsor through Performance Reports. These reports measure the impact of education on individual participant behavior and suggest strategies for improvement.

Here is a sample plan sponsor Performance Report:

Retiremap Plan Sponsor Performance Report

Demo Retiremap

Please fill in all fields and you will be redirected to a live plan sponsor branded demo site.

Links

Montgomery Retirement Plan Advisors

14502 N. Dale Mabry Hwy., Suite 328
Tampa, FL 33618
Phone: (813) 909-9305
www.m-rpa.com