Small Business 401(k) Blog

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.

Blog Feature

401k fee disclosure | DOL Fiduciary Rule

DOL Guidance for Paying 401(k) Fees from Plan Assets

By: Eric Droblyen
April 4th, 2018

One of the most common questions I get from 401(k) plan sponsors is “What 401(k) fees can I pay from plan assets?” This confusion is hardly surprising when you consider the broad range of 401(k) fees a plan can incur.

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Blog Feature

Investment costs | 401k fee disclosure | 401(k) Fees

Worried Your 401(k) Pays Hidden Fees? Answer 2 Questions to Find Out

By: Eric Droblyen
November 29th, 2017

Employers that sponsor a 401(k) plan have a fiduciary responsibility to pay only reasonable fees from plan assets. Keeping 401(k) fees in check is one of the most important 401(k) fiduciary responsibilities because excessive fees reduce investment returns unnecessarily, making a secure retirement for plan participants less affordable. Not meeting this responsibility can also mean severe consequences for the employer – including personal liability.

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401(k) Plan Design Checklist

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