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Auto-Enrollment For All Company Employees


Auto-Enrollment For All Company Employees

Auto-Enrollment can be a difficult feature to install in some company retirement plans. At the conclusion of a Plan Sponsor University (TPSU), Fiduciary Education Program held at the location of the University of Memphis, in Memphis, Tennessee, TPSU Founder, and CEO Fred Barstein spoke with Lauren, a Human Resources Generalist within the food services industry who attended the TPSU Program.  She discusses with Mr. Barstein some of what an employer considers when implementing an auto-enrollment feature within a 401k plan. Even though there can be obvious benefits for the plan participants and the plan sponsor – there can also be drawbacks within such an arrangement.


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Fiduciary Liability Created in 401k Plans

Fiduciary Liability can be created by those who neglect the 401k Plan.  Behavioral science tells us things about ourselves that we simply try to suppress or ignore, and Fiduciary Liability falls into that category.  One of the biggest impediments to ...