We want to create an ongoing partnership!

In this labor market, we know employers are hyper-focused on recruiting and retaining staff, and many are taking a hard look at benefit offerings. By contributing your anonymous data to this project, you get a fresh perspective on your workforce. This will enable you to clearly see opportunities for plan design and gain insights on the kinds of financial wellness benefits that could make a meaningful difference for your employees.

Once your data is integrated into the secure database, you will receive in-depth and customizable analysis, free of charge. Not only will this project provide you with unique personalized data capabilities on the data you submit this year, but also for years to come.

Our goal is to not to give a one-off analysis of the racial equity issues in the DC ecosystem; but rather, to create a collaborative resource that gives employers ongoing knowledge around their workforce with the ability to see how it changes over time. Once we identify the gaps in inclusive retirement planning and create actionable solutions, this project will aim to actively monitor the impact of these solutions on the industry over time.

Many individuals are also energized by their benefit team's opportunity to contribute to their company's diversity, equity and inclusion goals in a tangible way. In the wake of George Floyd's murder in 2020, many companies made commitments to racial equity, their customers, communities and employees. A great deal of these corporate commitments centered on the collection and reporting of data broken down by race, gender and other demographic factors. Given its importance on Americans' balance sheets, the defined contribution plan should be no exception.

Leadership matters when it comes to tackling big challenges. The wealth gaps that define contemporary American society are enormous, and the scale of the solutions required to fix them are daunting. But these challenges are solvable. With leadership from across the workplace retirement savings supply chain, there is a tremendous opportunity for the private sector to actively and equitably shape one of the most important ways household wealth is created in America — for everyone.