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.

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Plan Participants

Making a Meaningful Difference for Plan Participants

Making a meaningful Difference for Plan Participants. During a recent Fiduciary Education Program of The Plan Sponsor University (TPSU), there was a lively discussion about a 401k plan sponsor who was taking an aggressive stance when implementing auto enrollment.  During the ...