DOL offer small business resource

The U.S. Department of Labor and the Internal Revenue Service today released a new publication to help small employers understand automatic enrollment for 401(k) plans offered to employees.

This publication describes an automatic enrollment 401(k) plan, how to set up the plan, management of the plan, fiduciary responsibilities and a checklist to ensure compliance with the law. Free copies of the booklet are available by calling the Labor Department's Employee Benefits Security Administration toll free at 866-444-3272 or visiting the agency's website at www.dol.gov/ebsa.