Login
Calculating ADP 401(k) Fees Using Their 408b-2 Disclosure
ADP is one of the largest 401(k) providers in country. Their 408b-2 fee disclosure is also one of the worst. Here are 3 steps for deciphering it.
Read More
Guidelines for Benchmarking 401(k) Admin and Investment Fees
Employers have a fiduciary responsibility to pay reasonable fees for 401k plan administration and investments. This job can be easy using simple guidelines.
Read More
401(k) Participant Disclosures - What Employers Need to Know
401k plans have complicated participant disclosure rules. However, the plan sponsor's role in meeting them is basic when a qualified 401k provider is used.
Read More
401(k) Fee Levelization – It Can Make Revenue Sharing Worse!
401k providers claim "fee levelization" makes revenue sharing payments more transparent and fair. In truth, the complicated process can do the opposite.
Read More
401(k) Fidelity Bonds – Frequently Asked Questions
An ERISA fidelity bond protects 401(k) plan participants against losses caused by acts of fraud or dishonesty. Employers should understand their basics.
Read More
401(k) Matching Contributions – What Employers Need to Know
401k matching contributions can be highly effective in motivating workers to save for retirement. Small businesses should understand their match options.
Read More
Four 401(k) Plan Services That Justify Higher Provider Fees
To avoid 401k fiduciary liability for paying excessive fees, pay as little as possible for “commodity” 401k services and extra for “value-added” ones only.
Read More
Solo 401(k) Plans – Their Benefits to Self-Employed Workers
Solo - or individual - 401k plans cover business owners and their spouses only. They allow plan participants to make maximum deductible contributions – including “mega back door” Roth IRA contributions – up to the 415 limit.
Read More
3 Common 401(k) Provider Conflicts of Interest!
Employers have a fiduciary responsibility to evaluate their 401(k) provider's conflicts of interest. They risk personal liability when they don't.
Read More
401(k) Plan Coverage Testing – What Employers Need to Know
The IRC section 410(b) coverage test ensures a 401(k) plan sufficiently covers Non-Highly Compensated Employees. Employers should understand its basics.
Read More