The Definitive Guide to 401(k) Plan Roll-Ins

What is a 401(k) Plan Roll-In?

A 401(k) plan roll-in is the transfer of a qualified retirement plan balance of an active 401(k) participant from a previous employer's plan (or IRA) into their current-employer's plan. Roll-in contributions are useful for participants in consolidating their retirement savings, which saves them time & money, reduces their propensity to cash out, and promotes financial wellness. For plan sponsors, roll-in contributions increase average plan balances, which tends to reduce plan expenses.

Useful Informational Links on 401(k) Plan Roll-ins:

Research:

• Actionable Insights for America’s Mobile Workforce
• Assessing the Ongoing Impact of a Program of Retirement Savings Portability

Regulatory Information:

• Verifying Rollover Contributions to Plans (IRS)
• Revenue Ruling 2014-09 (IRS)
• Revenue Procedure 2016-47 (Waiver of 60-Day Rollover Requirement, IRS)
• Rollovers of Retirement Plan and IRA Distributions (IRS)
• Rollover Chart (IRS)
• Auto Portability Advisory Opinion 2018-01A (DOL)
• Auto Portability Prohibited Transaction Exemption 2019-02 (DOL)

Articles:

• A Successful Strategy for 401k Plan ‘Roll-Ins’
• Are You All-In for a 401k Roll-In?
• Let a roll-in help increase your retirement income
• Consolidating Gains from a 401k Portability Program
• Study: Here's one way to slow 401(k) plan leakage
• From Tired to Inspired: A Roadmap for 401k Roll-ins
• Don’t become a 401(k) DIY horror story
• 401(k) consolidation: What every plan sponsor should know
• 3 New Year’s Resolutions for 401k Plan Sponsors

Online Resources & Tools:

• EFAST2 Database Filing Search Lookup (to access as part of qualified plan verification, DOL)
• Do-it-Yourself Roll-In Chart

Videos:

• A Plan Sponsor's Guide to Supporting Roll Ins
• Looking Ahead - A Roadmap for 401(k) Roll Ins

RCH Services that Facilitate 401(k) Roll-Ins:

• RCH Managed Portability Service
  • Assisted Roll-In (for active participants)
• RCH Auto Portability Service
  • Participating Recordkeepers

To learn more about all of RCH’s portability and participant search services, call (866) 827-9608, email sales@RCH1.com, or visit our RCH Portability Services page.