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.

Design a 401(k) Plan Like a Pro in 6 Steps

By: Eric Droblyen
March 31st 2021
Expert 401(k) plan design can help small business owners meet their plan goals for thousands less. The process can be completed in 30 minutes or less.
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401(k) Plan Restatements - Save Fees With These Amendments

By: Eric Droblyen
February 3rd 2021
Most 401(k) plans must be 'restated' to reflect IRS Cycle 3 (or 'post-PPA') changes from August 1, 2020 to July 31, 2022. Here are some amendments to include.
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The 5 Most Popular Small Business 401(k) Plan Features

By: Eric Droblyen
July 22nd 2020
Different 401(k) “types” (safe harbor, Roth, profit sharing, etc…) are in fact different contribution “features” that a plan can combine in numerous ways.
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Safe Harbor 401(k) Plans: Answers To Common Questions

By: Brian Furgala
March 18th 2020
Safe harbor 401(k) plans are increasingly popular with small businesses. Our FAQ can help owners decide if one is right for their company.
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Traditional Safe Harbor 401(k) Plan vs. QACA – How to Choose

By: Eric Droblyen
August 21st 2019
There are two basic types of safe harbor 401(k) plans available today – traditional and QACA. Business owners should understand their differences.
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Safe Harbor or Traditional 401(k) Plan – How to Decide

By: Eric Droblyen
March 6th 2019
Safe harbor 401(k) plans are the most popular type of 401(k) used by small businesses today, but they are not the best fit for every small business.
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Plan Participation Problems? No Problem

May 10th 2016
Sometimes it can be a struggle for plan sponsors to encourage participation in their company’s 401k plan. Plan design options as well as participant education can make a huge difference in participant interest and enthusiasm about saving.
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401(k) Plan Design – Our Checklist Can Make the Process Simple

By: Eric Droblyen
November 4th 2015
401(k) plan design for small businesses does not need to be difficult. Retirement plan eligibility, compensation, contributions, vesting, distributions and loans are the basics.
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Reforming Roth provisions may be key to improving savings rates for Millennials. My proposal.

By: Greg Carpenter
November 20th 2014
Millennials are not saving enough for retirement. The Roth 401k concept is outstanding and provides an excellent way to build long-term wealth with tax benefits
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Plan re-enrollment: The “Wonder Drug” for your company’s retirement plan. It’s cheap, simple and benefits sponsors and employees.

By: Greg Carpenter
August 7th 2014
Plan re-enrollment can be effective putting your small business retirement plan back on track to success. cheap and simple to implement.
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