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Automatic Rollover Rules - Vendor Survey & Alternatives for Plan Sponsors
The Washington Resource Group of Mercer Human Resource Consulting Link to more items from this source
Nov. 17, 2004
Excerpt: As we reported last month, beginning March 28, 2005, retirement plan sponsors will be required to implement automatic rollovers of mandatory cashouts between $1,000 and $5,000, unless the participant directs otherwise. .... Mercer sent an informal e-mail survey to 22 major providers to determine the extent to which they plan to offer automatic rollover services. Initial results of the survey include responses from 12 organizations.

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