A choice-based structure makes it easy for employees to feel empowered to save, says 2017 Retirement Adviser of the Year Bob Judd.

JUDD: This is a program where we download the information on the participant and work with that participant in a way where they can see where they are today and how far away they are - it’s basically a gap analysis approach - and help them see what they can do to change their position as far as retirement. So there’s four different ways that they can change it, the first being they can change their deferral rate. The second is their asset allocation. And the third is the age that they retire and finally, they can change their expectations. And so, when you give them a choice based structure like that, it’s very easy for them to choose what they want to do about the issue.