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Understanding 401(k) Plan Automatic Enrollment

Lorman Education Services

Apr. 7, 2020
Recorded Online

Understand the benefits of automatic enrollment and how to implement and administer an automatic enrollment feature.

Does your 401(k) plan have low employee participation rates or struggle to pass annual nondiscrimination testing? Studies of 401(k) plans show that adding an automatic enrollment feature to a plan is one of the most effective ways to increase participation and improve nondiscrimination testing results. This information will provide you with an understanding of the benefits of automatic enrollment, the differences between automatic contribution arrangements, eligible automatic contribution arrangements, and qualified automatic contribution arrangements, and how to implement and administer an automatic enrollment feature.

Learning Objectives:

  • You will be able to review the different types of automatic enrollment.
  • You will be able to describe the automatic enrollment structure.
  • You will be able to discuss the automatic enrollment administration.
  • You will be able to identify compliance and legal updates.

Faculty: Adam M. Zuidema, Esq., Stevens & Lee

More Information, How to Register

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