scenario:

I'm the head of HR for Metalzz Corp.

This time, I have a different issue. We have a 401(k) plan, but at the moment, employees are not contributing very much. We have a one-year of service eligibility requirement to get into our plan and entry dates every quarter (January 1, April 1, July 1, and October 1). We rely on employees to elect to contribute (we don't automatically enroll them) and we provide only the legally-required communications. We don't have a matching contribution or any other kind of employer contribution. We are worried that our employees will not save enough to retire so we are looking for options to increase their retirement benefits. Additionally, we are consistently failing our nondiscrimination testing and having to force our executives to have some of their money kicked out of the plan, which they don't like.

The good news is the company is doing well and we have some extra money that we would like to reinvest in our retirement benefits. We just aren't sure how to do it.

Please provide me with at least three ideas for ways I can increase the retirement benefits for my employees. Are there changes I can make or features I can add to my current plan to increase participation? Are there additional plans I can adopt? Is there anything else I can do?

Please name at least three ideas and describe them in reasonable detail so I can understand them and describe them to my boss (just spitting out the name of the idea will not be enough to get full credit).

I need to write an email to head of HR for imaginary corporation.

The scenario is need to consider about employee benefits.