Once upon a time we tried to set up a retirement IRA plan. Whenever we sent a distribution to the investment broker half of the employees would go there after work and cash out their benefits. They didn't care that they were paying penalties - They just wanted the cash.
I refuse to pay the govmint more than their fair share so the retirement plan went the way of the buffalo and now we all have great health care....
Place I'm at now has a 100% match. But, we need to wait 3 years to get it. Big Carrot, big stick.