"[A]uto-portability is limited to small balances -- $7,000 or less.... This can make it very confusing for individuals who -- over time -- leave multiple employers with balances on each side of the $7,000 threshold.... Auto-portability deducts a fee from each individual's automatic rollover IRA balance -- without their consent -- before sending the money to the 'transfer-in' plan.... The auto-portability process adds three more notices to the list of required retirement plan notices.... The 'transfer-in' plan must designate a plan representative to have fiduciary responsibility for monitoring transfers into the plan through auto-portability."  MORE >>