When you’re buying a new car, there are so many available features on a car model that can make your head spin. There are some features you need like power steering and power brakes, but there are some features that you just don’t really need. The same can be said about starting a 401(k) plan, there are so many different features that you need to consider and some that you don’t because you should never forget that a 401(k) plan is supposed to be a way to recruit and retain employees. Some features go a long way in helping that out than others. So this article is about 401(k) plan features that a plan sponsor should consider adding to a 401(k) plan.
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