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.

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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401(k) Matching Contributions – What Employers Need to Know

By: Eric Droblyen
June 13th 2018
401k matching contributions can be highly effective in motivating workers to save for retirement. Small businesses should understand their match options.
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Are Profit Sharing Contributions Right for Your 401(k) Plan?

By: Eric Droblyen
January 10th 2018
Pro rata, permitted disparity, and new comparability are types of 401k profit sharing contributions. Employers should know if they’re right for their plan.
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New Comparability 401(k) Plans - Are They Right for Your Small Business?

By: Eric Droblyen
April 19th 2017
Small businesses should consider new comparability profit sharing contributions when 401(k) plan goals include maximizing owner contributions at the lowest cost
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401(k) Eligibility: When to Let Employees Join Your 401(k) Plan

By: Eric Droblyen
December 14th 2016
Company goals, employee demographics and plan features are all factors small business 401k fiduciaries should consider when choosing 401k eligibility terms
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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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