Retirement plan sponsors that steer clear of automatic enrollment to save money might want to rethink things. 

According to researchers at the Washington, D.C.-based Urban Institute, given the average wage, participation, and match rates of plans it examined, savings of roughly 7 cents per labor hour almost completely offset the additional costs of 6.5 cents resulting from higher participations rates in automatic enrollment plans.

That's the sort of news that might encourage more companies to adopt auto-enrollment, a feature policymakers have been promoting as a way of addressing America's brewing retirement crisis.

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