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) Annual Administration - A Checklist for Business Owners
An important 401(k) fiduciary responsibility is ensuring plan administration tasks are completed timely each year. Our checklist makes this job easy.Read More
Pooled 401(k) Plan Fees – A Case Study
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
The Top 401(k) Priorities on the DOL’s Regulatory Agenda
The DOL's latest regulatory agenda includes 401(k) reform. I recommend 401(k) fiduciaries check it out to learn the DOL's priorities.Read More
Morningstar's Active/Passive Barometer – Takeaways for 401(k) Fiduciaries
401(k) fiduciaries can struggle to choose between active or index funds when picking plan investments. The Morningstar Active/Passive Barometer can help.Read More
401(k) Distributions - FAQs for Employers
When employers do not follow their 401(k)'s distribution rules, IRS penalties can result. Our distribution guide can help employers avoid these consequences.Read More
Don’t Be Fooled by These 401(k) Conflicts of Interest!
The 401(k) industry is rife with conflicts of interest. Employers have a fiduciary responsibility to protect employees from them. Common ones hide in plain sight.Read More
Five Reasons Why Hidden 401(k) Fees Should be Illegal
Hidden 401(k) fees should be illegal. They can make it almost impossible for employers to protect the interests of plan participants and avoid fiduciary liability.Read More
401(k) Fiduciary Takeaways from a Jerry Schlichter Interview
Understanding the drivers of 401(k) fiduciary liability can help employers avoid it. The top drivers are well defined in a recent interview with Jerry Schlichter.Read More
Hughes v Northwestern: What is a "Prudent" 401(k) Investment?
When the Supreme Court re-opened the Hughes v. Northwestern University case, they didn't offer plan fiduciaries a "prudent" 401(k) investment definition. We do.Read More
401(k) Nondiscrimination Testing Study – What % of Plans Fail?
Our 401(k) nondiscrimination testing study shows the percentage of small business plans that fail the ADP/ACP, top-heavy, 402(g), and 415 tests.Read More