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.

The Top Ten Frugal Fiduciary 401(k) Blogs of 2017

By: Eric Droblyen
December 27th 2017
Our top 10 blogs for 2017 are must-reads for small business 401k sponsors and participants. They cover retirement plan features, fees and 401k providers.
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Why Multiple Employer 401(k) Plans are Obsolete Today

By: Eric Droblyen
December 13th 2017
Supporters of Multiple Employer Plans (MEPs) claim these 401ks lower plan fees and fiduciary liability for small businesses. Neither claim is true.
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Worried Your 401(k) Pays Hidden Fees? Answer 2 Questions to Find Out

By: Eric Droblyen
November 29th 2017
Employers have a fiduciary responsibility to pay only reasonable fees from 401k plan assets. Avoid hidden 401k fees to make this job as easy as possible.
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3-Step Guide for Employers to Select and Monitor 401(k) Index Funds

By: Eric Droblyen
November 1st 2017
Index funds make it possible for 401(k) plan sponsors to replace an Investment Policy Statement (IPS) with a 3-step fund selection and monitoring process.
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Top 10 401(k) Mistakes Found in the IRS Voluntary Compliance Program

By: Eric Droblyen
October 18th 2017
Severe consequences can result when a 401(k) plan fails to meet one or more of the plan qualification requirements – including IRS penalties for the employer.
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401(k) Cybercrime – Key to Keeping a Plan Safe Is Not Delegating Fiduciary Responsibilities

By: Eric Droblyen
September 20th 2017
Some employers delegate fiduciary roles that approve cash disbursements to their 401(k) provider, which can make a 401(k) plan more vulnerable to cybertheft.
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Employers Should Avoid Providers That Treat 401(k) Plans Like a Product, Not a Service

By: Eric Droblyen
September 6th 2017
Insurance and mutual fund companies treat 401k plans like a product by restricting fund and plan design options. Plan Sponsors need impartial and consultative advice instead
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A Common Sense 401(k) Plan for Small Businesses

By: Eric Droblyen
August 23rd 2017
TSP-like 401(k) plans are a common sense retirement plan but are not meant for everyone. Compare traditional 401(k) services against a TSP baseline here.
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401(k) Loan Rules – What Plan Participants Need to Know

By: Eric Droblyen
August 9th 2017
If you are a 401(k) participant, use our FAQ to understand when you can take a loan from your account and how to avoid taxes or penalties.
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403(b) vs. 401(k) Plans for Non-Financial People

July 26th 2017
These two big differences are truly all you need to know when deciding between a 403(b) or 401(k) plan – their eligibility and testing requirements.
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