Payroll Integration Helps 401k Auto Re-Enrollment
Payroll integration helps human resources departments in many ways. When a firm deploys auto re-enrollment in their 401k plan it can sometimes become an administrative challenge for plan sponsors and plan participants. At the conclusion of a Plan Sponsor University (TPSU) Fiduciary Education Program held at the University of Memphis in Memphis, Tennessee, TPSU Founder, and CEO, Fred Barstein spoke with the Director of Human Resources, Dixie, concerning auto re-enrollment of 401k eligible plan participants. Dixie oversees 180 employees at her firm and she stresses the need for 360-degree payroll integration in the event an organization chooses to use auto re-enrollment. Learn the challenges experienced by firms who do not have 360-degree payroll integration.
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