Automatic Enrollment is one of the most successful features added to a 401(k) plan in the last 20 years, but it wasn’t a perfect launch. Even today, it’s not a perfect fit for every 401(k) plan sponsor and it might not be the best fit for you. Understanding what it is and the history behind it, it might give you an idea if it’s the right choice for you as a 401(k) plan sponsor if you have a choice (more on that later).
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