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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.
401(k) Document Retention Rules Made Simple

401(k) Document Retention Rules Made Simple

By: Eric Droblyen

October 7th 2015

Small business 401k plans need to keep records or 401k fiduciary liability can result.
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The Federal TSP Is a Baseline for 401(k) Plans – And Any Small Business Can Match It

The Federal TSP Is a Baseline for 401(k) Plans – And Any Small Business Can Match It

By: Eric Droblyen

September 23rd 2015

The Federal Thrift Savings Plan (TSP) should be an example for low cost small business retirement plans. 401(k) fiduciaries should understand its virtues.
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401(k) Fiduciary Outsourcing: Does it Actually Increase an Employer’s Fiduciary Liability?

401(k) Fiduciary Outsourcing: Does it Actually Increase an Employer’s Fiduciary Liability?

By: Eric Droblyen

September 9th 2015

401(k) fiduciary outsourcing products can increase an employer’s 401(k) liability. Transparent, low cost 401(k) services are the safer bet for small business 401(k) sponsors.
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Avoiding 401(k) Fiduciary Liability Doesn’t Need to Be Difficult; Simple “Best Practices” are the Key

Avoiding 401(k) Fiduciary Liability Doesn’t Need to Be Difficult; Simple “Best Practices” are the Key

By: Eric Droblyen

August 26th 2015

Picking the right low cost 401(k) plan provider can help small business retirement plans meet 401(k) fiduciary responsibilities.
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Will Trial Lawyers be the Sole Beneficiary of a Watered-Down Fiduciary Rule?

Will Trial Lawyers be the Sole Beneficiary of a Watered-Down Fiduciary Rule?

By: Eric Droblyen

July 29th 2015

DOL’s fiduciary rule is good news for 401(k) lawyers, bad news for 401(k) advisors, 401(k) fiduciaries and participants.
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A Common Sense 401(k) Reform - Retirement Labels and Receipts

A Common Sense 401(k) Reform - Retirement Labels and Receipts

By: Eric Droblyen

July 15th 2015

Retirement labels and retirement receipts could save 401(k) investors billions each year.
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Clarity in a Complex World? A 408b-2 Review

Clarity in a Complex World? A 408b-2 Review

By: Eric Droblyen

July 1st 2015

401k fees disclosures are too complicated for the average 401k fiduciary.
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The DOL’s Fiduciary Rule: Why Can’t Regulators do Simple?

The DOL’s Fiduciary Rule: Why Can’t Regulators do Simple?

By: Eric Droblyen

June 17th 2015

DOL regulations make it difficult for small business 401k plan sponsors to meet their fiduciary responsibilities.
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401(k) Participants Should Leave Investing to the Pros; Focus on Saving

401(k) Participants Should Leave Investing to the Pros; Focus on Saving

By: Eric Droblyen

June 3rd 2015

401k participants should focus on savings when determining their retirement readiness. Leave 401k investing to professionals.
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Is Conflict-Free Investment Advice More Expensive than Conflicted Advice?

Is Conflict-Free Investment Advice More Expensive than Conflicted Advice?

By: Eric Droblyen

May 20th 2015

Opponents of the DOL Fiduciary Rule say conflict-free 401k investment advice is cost prohibitive; they are wrong.
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