RANDUG
Updated 327 days ago
Few would argue that the advent of Automatic Enrollment in retirement plans has been anything short of successful. But like so many great ideas, it's success has been accompanied by unintended consequences. For automatic enrollment, that unintended consequence is a dramatic increase in the number of accounts left behind by former employees, which government research shows is in the millions annually. The Department of Labor has taken notice and emphasized the importance of locating missing participants for plan sponsors and providers.