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Subject:  Re: question about 401k Date:  5/7/2001  2:20 PM
Author:  jrr7 Number:  29514 of 88758


There is a nontrival cost (in time, money, and paperwork) to add a new employee to the plan. The company decided that people who are going to quit are more likely to quit between hiring and 1 year than between 1 year and 2 years. So they avoid signing up people for the plan who are likely to quit.
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