Over the life of J.C. Penney Co.'s eight-year-old automatic enrollment plan, "the primary driver for the change in the deferral rate was to give our participants more of an opportunity to share in company profits" through the 401(k)'s annual match, says the company's retirement delivery manager, Philip Perez. But, he adds, "there is no question that a byproduct is potential improvement in the annual testing," which earns higher-paid employees more in tax-deferred contributions.—R.H.
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Inside the April 2005 Issue
Cover Story
- How Companies Adapt to Dying Industries
Features
- Daily Threats Posed by Mother Nature
- To Cooperate, or Not to Cooperate?
- Putting 401(k) Plans on Autopilot
- The Coming Tax Hike
Also Inside
- From the Editor, April 2005
- Letters to the Editor, April 2005
- NewsWatch, April 2005
- Business Outlook Survey, April 2005
- What Becomes of PeopleSoft Customers?
- Pay-per-view Budgeting?
- Going Public by Merging with Shells
- Software That Maps Corporate DNA
- Currency for Corporate Pension Plans
- Executive Contracts Attracting Scrutiny
- Grapevine, April 2005
401(K) BUYER'S GUIDE PROVIDERS
Part I of the Excel version of our 401(k) guide lists providers from A to L; part II lists providers from M to Z. If you'd like to download these spreadsheets and you're not a member of CFO.com, we'll need an email address, user name, and password.
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Download part I (A-L)
Download part II (M-Z)
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Download part I (A-L)
Download part II (M-Z)
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