If your company is starting a retirement plan for the first time, you can use a plan start-up announcement to introduce the plan to your employees. The announcement:
This announcement is not required. However, keep in mind that you might have to give employees advance notice if the plan offers certain features, such as automatic enrollment, QDIAs or ADP/ACP safe harbor status.
For more information, see our sample plan start-up announcement or contact your third-party administrator.