According to a new study, regular employer-sponsored retirement seminars motivate more employees to participate in and contribute to company 401(k) plans.

In the study, direct links were found to exist between how often a retirement seminar is offered and increased levels of 401(k) activity -- especially among those employees lower down on the pay scale. Participation rates by non-highly compensated employees are 11.5 percent higher with plans that offer frequent seminars, than those with no seminars, according to a press release. For highly compensated employees, participation is 6.5 percent higher when seminars are more regularly available. 

In firms where participation is historically low, the number of employer-sponsored seminars spiked -- which the researchers said is a strong indication that retirement seminars are remedial.

The study found employers don't offer retirement education solely for altruistic reasons. In addition to helping employees prepare for retirement, these seminars introduce workers to the value of the company's existing pension plan and help stave off subsequent demands on employers for more generous plans.

"Assistance with financial planning may also enhance employee loyalty, improve labor relations and boost morale," the authors said in a press release.

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