Employers still leery of 401(k) auto-enrollment

karen@karenkroll.com — Mon, 02 Aug 2010 23:00:00 +0100

Two recently released studies highlight the dilemma many employers face concerning their 401(k) plans.

One report from the Employee Benefit Research Institute (EBRI) shows that automatic enrollment, among other actions, is reducing the number of workers at risk of running short of the funds they'll need to cover their basic needs in retirement. Another study, this one from AARP, found that the number of companies offering automatic enrollment remains at less than 50 percent, with another [...]

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Employers still leery of 401(k) auto-enrollment