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Participant Instructions ENTRUST 401(k) Plan PLEASE READ THE FOLLOWING INSTRUCTIONS AUTOMATIC ENROLLMENT If you are 21 years old, you are eligible to participate in the ENTRUST 401(k) Plan (“Plan
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Retirement topics - automatic refer to the automatic enrollment and default options provided by employers for employee retirement plans, allowing employees to contribute to retirement savings without having to take action.
Employers who offer retirement plans must file retirement topics - automatic to ensure compliance with regulations regarding auto-enrollment and other automatic provisions in their retirement plans.
Filling out retirement topics - automatic generally involves completing specific forms provided by the retirement plan provider and ensuring that all required employee information is accurately documented.
The purpose of retirement topics - automatic is to simplify the retirement savings process for employees, encouraging higher participation rates and helping employees save for retirement without needing to opt-in.
The information that must be reported includes employee contributions, automatic enrollment rates, investment options, and any changes in plan provisions relating to automatic features.
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