Don't Miss

Auto Deferral Rates: Why Plan Sponsors Should Increase Them

Auto Deferral Rates: Why 401k Plan Sponsors Should Increase Them. At a TPSU program conducted at LaSalle University in the Philadelphia region, the manager of benefits and compensation of a 2000 employee company explains why they increased their auto-enrollment deferral rate from 3% to 6% for their 401k plan and also added auto escalation up to 10%.

Learn why they made the change and the reaction of employees. It’s a must watch video.

x

Check Also

Retirement Plan Investment Fees

401k Plan Investment Fees are Easier to Accept When There is Full Disclosure

  401k plan investment fees are easier to accept when there is full disclosure.  When participants understand the 401k plan investment fees there is better employee engagement. At the conclusion of a Fiduciary Education Session held at Rice University, Houston, ...