The Frugal Fiduciary Small Business 401(k) Blog
Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
How Small Business Owners Are Redefining the 401(k) Market—and Helping Employees Thrive
By: Eric Droblyen
November 5th 2024
Discover how small business owners are transforming the 401(k) market with flexible, low-cost plans that empower employees' financial futures.
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401(k) Revenue Sharing - 5 Reasons for Businesses to Avoid it
By: Eric Droblyen
October 22nd 2024
Revenue sharing can seem like a convenient way to pay 401(k) administration fees, but the method often leads to hidden costs for employees and employers.
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401(k) Tax Incentives for Small Businesses
By: Eric Droblyen
October 7th 2024
The tax benefits of a 401(k) plan can be substantial. A basic understanding can help a small business owner take full advantage with the help of their accountant.
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Options to Correct a Failed ADP/ACP Test
By: Eric Droblyen
September 24th 2024
If you’re a business owner, understanding your options for correcting a failed ADP/ACP test can help you mitigate the consequences - or avoid them altogether.
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A Guide to Small Businesses Retirement Plan Options for Owners
By: Eric Droblyen
September 10th 2024
Our guide breaks down the most popular retirement plan options for small businesses, including their pros and cons, to help business owners pick the right plan.
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Solo 401(k) Plans – How to Maximize their Benefits
By: Eric Droblyen
August 27th 2024
A solo 401(k) plan can only cover business owners and their spouses. Understanding their rules and options can help a business owner maximize their benefit.
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401(k) Document Retention Rules Made Simple
By: Eric Droblyen
August 13th 2024
Meeting ERISA document retention standards can help employers defend 401(k) plan challenges. Organizing the necessary records in 3 files can make the job easy.
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401(k) Amendment Rules – A Guide for Employers
By: Eric Droblyen
July 30th 2024
The Internal Revenue Service has strict rules for amending 401(k) plan documents. To stay out of trouble, employers should understand some amendment basics.
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Understanding ERISA 404(c): Importance, Compliance, and the Role of QDIAs
By: Eric Droblyen
July 15th 2024
ERISA 404(c) protects employers from liability for investment losses resulting from 401(k) participant decision-making. Compliance is easy.
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401(k) Participant Disclosures - What Employers Need to Know
By: Eric Droblyen
July 2nd 2024
401(k) plans have complicated participant disclosure rules. However, an employer’s role in meeting these requirements is basic when a qualified 401k provider is used.
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