Plan Sponsors: Employees Want Automatic Retirement Plan Features, So Why Not Offer Them?
admin2017-03-27T23:26:57-07:00Eighteen years ago, the retirement industry rolled out automatic enrollment to help combat employee inertia, increase participation in workplace retirement plans, and foster higher savings rates. Still, a surprising number of plan sponsors don’t offer it. However, employees say they value defined contribution plans, and they desire automatic enrollment and escalation features. A recent survey [...]