RSG Knowledge Library

Explore whether auto-enrollment and auto-escalation are right for your retirement plan. These features, now required for new plans under SECURE Act 2.0 starting in 2025, can significantly increase participation and savings rates. However, they may not suit all organizations. Careful evaluation, documentation and strategic planning can help you design the right retirement plan for your company.

Learn how to manage 401(k) committee transitions with best practices for onboarding and knowledge sharing. Support your 401(k) committee’s growth and maintain plan success with these actionable tips for smooth leadership transitions.

Forming a strong 401(k) committee is crucial for managing a compliant, cost-effective, and employee-focused retirement plan.

Key tasks include monitoring fees, benchmarking plans against industry standards, and motivating participation through auto-enrollment, auto-escalation, and tailored communication. Partnering with professional advisors enhances plan management, documentation, and legal compliance.

Discover how strategic 401(k) plan designs can mitigate the costs of delayed retirement. Explore solutions like HSAs, retirement income funds, and in-plan annuities to help employees retire on time and support employers in managing workforce expenses effectively.

This article highlights common 401(k) plan errors—like missed updates, misapplied compensation, and missed contributions—and provides IRS correction options, including self-correction and voluntary correction programs. It emphasizes regular reviews and new SECURE 2.0 guidelines to help plan sponsors maintain compliance and support participants’ retirement security.

Gain actionable insights for optimizing efficiency and compliance through strategic retirement plan analysis. Examine key metrics like participation and deferral rates, asset allocation, and auto-enrollment. Understand the impact of upcoming SECURE 2.0 amendments, offering guidance on how to future-proof your retirement plan for 2025 and beyond.