Automatic Enrollment and Automatic Increase in 401(k) Plans
Automatic enrollment: Learn how enrolling employees by default can significantly increase participation, especially among younger and lower‑income workers.
Automatic increase: Understand how annual automatic contribution increases help enrolled employees save more over time without requiring ongoing action.
Adding these features: See how automatic enrollment and automatic increase can be added to a new or existing 401(k) plan with minimal disruption.
Finding out that an employee benefit you’ve invested in isn’t being utilized can be frustrating—but it’s also an opportunity to make it more valuable. By adding automatic enrollment and automatic increases to your new or existing retirement plan, employers can remove common barriers to saving and encourage employees to contribute more over time.
Download this PDF resource to learn how automatic enrollment works, how automatic increases support long‑term savings, and when these features may be a good fit for your plan.