Shopping Checklist
If you are a small business 401(k) plan sponsor, selecting competent service providers with reasonable fees is one of your most important - and confusing - fiduciary responsibilities. Our checklist makes 401(k) shopping easy.
Thrift Savings Plan
The TSP covers Federal employees and is the largest retirement plan in the country. It is also the most efficient – offering a low cost menu of index funds. While no retirement plan can match its low fees, your 401(k) plan can get close.
Shopping for 401(k) Investment Advice
When you sponsor a 401(k) plan, several investment-related decisions must be made. Dramatically different fees and expenses can result from this decision-making. When you know your options, it can be easy to make prudent choices.
Asset-Based Admin Fees
Many 401(k) providers charge an asset-based fee for administration services. However, plan assets have little to do with their level of service, meaning a 401(k) plan with lots of assets pay more than they should. Admin fees based on participant headcount are more reasonable.
Find a Financial Advisor
Do you need a financial advisor for your retirement plan? Employee Fiduciary can help. We work with hundreds of advisors nationwide.
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