Automatic retirement savings plan enrollment means eligible employees are automatically enrolled in the employer's 401(k) retirement account unless they opt-out.nnEncouraging Retirement Planning: This feature encourages retirement planning by ensuring employees start saving for their future without taking action, as employee and employer contributions are made automatically.nnMaximizing Retirement Savings: With automatic enrollment, eligible employees can benefit from employer matching contributions and maximize their retirement savings through salary deferrals, ultimately working towards a full employer match while considering vesting requirements.