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.
DOL Requests 401(k) Fee Disclosure Feedback; We Responded
By: Eric Droblyen
August 29th 2023
Participant-directed 401(k) plans must distribute a fee disclosure to participants annually. We suggested content changes to the DOL to improve their effectiveness.
Read More
401(k) Eligibility: When to Let Employees Join Your Plan
By: Eric Droblyen
April 11th 2023
Company goals, employee demographics, and plan features are all factors small businesses should consider when choosing 401(k) eligibility terms.
Read More
Three Features of a FIRE-Inspired 401(k) Plan
By: Eric Droblyen
February 14th 2023
Financial Independence, Retire Early (FIRE) is a financial movement defined by frugality. A FIRE-inspired 401(k) plan can help any worker retire years sooner.
Read More
SECURE 2.0 – My Top 5 401(k) Related Provisions
By: Eric Droblyen
January 31st 2023
SECURE 2.0 makes sweeping 401(k) plan changes. My top five provisions will grow retirement savings the most. Banning hidden fees would help even more.
Read More
SECURE Act 2.0 – A Summary of the Major 401(k) Provisions
By: Eric Droblyen
January 17th 2023
SECURE 2.0 makes sweeping changes to 401(k) plans. Employers should understand the most significant provisions to prepare their 401(k) plan for them.
Read More
The Top Ten Frugal Fiduciary 401(k) Blogs of 2022
By: Eric Droblyen
January 3rd 2023
Our top 10 blogs for 2022 are must-reads for small business 401(k) sponsors and participants. They cover controlled groups, testing, and plan administration.
Read More
Removing Hidden 401(k) Fees - What Employers Need to Know
By: Eric Droblyen
December 21st 2022
Revenue-sharing payments are hidden fees paid to 401(k) providers by some mutual funds. By replacing these funds, employers can increase participant returns.
Read More
401(k) Plan Design Choices to Simplify Annual Admin the Most
By: Eric Droblyen
December 6th 2022
Proper 401(k) plan design can reduce the time employers must spend on annual plan administration by hours. We outline the simplest options to administer.
Read More
How 401(k) Participants Can Match the Federal TSP's Low Fees
By: Eric Droblyen
November 8th 2022
The Federal TSP is the lowest cost defined contribution plan in the US. Employers can help their 401(k) participants pay similar fees by taking two simple steps.
Read More
Pooled 401(k) Plan Fees – A Case Study
By: Eric Droblyen
October 25th 2022
We compared the 401(k) fees paid by pooled and single-employer plans. The pooled plan costs more due to a higher percentage of asset-based fees.
Read More