Mixing : Plug-In and Hardware Inserts : Plug-In Presets : Settings Preferences

Settings Preferences
The Settings Preferences submenu provides commands for configuring preferences for saving and importing presets. They include:
Set Plug-In Default To
Sets the default preset to either Factory Default (the standard default setting for that plug-in) or User Default (your custom setting).
Save Plug-In Settings To
Selects the folder where presets (plug-in settings files) are saved. If you select Session Folder, the settings are saved in a folder named “Plug-In Settings” within the current Session folder. If you select Root Settings Folder, the settings are saved in the folder you specified with the Set Root Settings Folder command.
Set Root Settings Folder
Selects a location or root folder for saving and importing presets. This root settings folder must be named “Plug-In Settings.” Use this command only if you want to choose a location other than the default Plug‑In Settings folder.
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To save plug-in settings to any location other than the default Plug-In Settings folder, you must first create a folder named “Plug-In Settings” in the new location and then save to that folder.