Instructions for plan sponsor: Please copy and paste the message below into your own email program and send to new hires that have been auto-enrolled in the 401(k) plan. Be sure to edit the fields in brackets! Note that most plans' default contribution rate is 3% and the auto-escalation cap is 15%.

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Subject Line: Check out your new 401(k) plan!

Hi [Employee Name],

Welcome to the team! I wanted to let you know that you've been automatically enrolled in our 401(k) plan, managed by Betterment. Your contribution rate has been set at [X%], which will increase by 1% each year—up to [Y%], unless you adjust it. If you decide to set your own contribution rate, this auto-escalation feature will be turned off.

Betterment will send you a series of emails, inviting you to claim your account. (If for some reason you do not receive these emails, please visit betterment.com/accountaccess to get started.) Once you've claimed your account, you can adjust your contribution rate and review/change your investment selection. (You're currently invested in Betterment's Core portfolio.)

Read more about automatic enrollment here, along with these additional resources to help you get set up for success!

Feel free to reach out to myself or Betterment with any questions.

We chose Betterment to manage our 401(k) because they make saving and investing simple. I hope you'll agree and make good use of our 401(k) plan!

Have a great day!
[Employer name]