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How Some Companies Shortchange 401(k) Participants
Forbes Link to more items from this source
Jan. 7, 2010
Excerpt: In a new story on Forbes.com, William Barrett reports that companies that automatically enroll their workers into retirement savings plans like 401(k)s may not be as generous as they appear. Barrett writes, 'Even after controlling for the differences in match rates by company size and industry, the matches at firms with automatic enrollment were still about 7 percentage points, or 7 cents per dollar, lower. That gap allowed companies to offset two-fifths of the increase in their retirement expense that comes from having more workers participate.'

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