Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Use of 401(k) Plan 'Auto Features' Increases, But Barriers Still Remain (PDF)
Defined Contribution Institutional Investment Association [DCIIA] June 19, 2015 "Plan sponsors of the larger plans (greater than $200 million) continue to adopt automatic enrollment, with 62% of survey respondents indicating that they utilize this feature, compared to just 44% in 2010.... Thirty percent of plans with automatic enrollment reported a savings level of at least 10%, whereas only 18% of plans without automatic enrollment have savings levels of 10% or more.... 30% of [large plans] that do not have automatic enrollment reported that the cost of matching is an obstacle ... 30% of [small plans] plans that do not have automatic enrollment said it is unnecessary because participation is already high." |
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