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

Provider Shopping | Plan Design | 401(k) Studies

The 5 Most Popular Types of Small Business 401(k) Plans

By: Eric Droblyen
July 22nd, 2020

Tens of thousands of dollars are on the line.  This might sound a bit sensational, but when it comes to choosing the right type of 401(k) plan, this is true a lot more often than many small business owners realize. 

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Provider Shopping | Plan Setup

How Much Time Does Annual 401(k) Administration Take?

By: Eric Droblyen
July 8th, 2020

According to AARP, Americans are 15 times more likely to save for retirement when they can do so by payroll deduction through a workplace retirement plan. However, while most large businesses – companies with more than 100 employees – sponsor a retirement plan, 51 to 71 percent of small businesses don’t. In a Pew Charitable Trusts survey, small business owners cited “resources required to start and maintain a plan” as one of the top reasons they don’t sponsor a 401(k) plan. To help more Americans save for retirement, overcoming this concern is essential.

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401(k) Plan Design Checklist

Feeling overwhelmed?

Subscribe to the The Frugal Financial Small Business 401(k) Blog and receive this free checklist for help in determing the best 401(k) plan design options and fit for your company.

Blog Feature

401(k) Fees | Provider Shopping | Fiduciary Responsibility

How to Find & Calculate MassMutual 401(k) Fees

By: Eric Droblyen
June 30th, 2020

If you have questions about MassMutual 401(k) fees – how they work, how much they cost on average, or how you can find & calculate them for your plan – you’ve come to the right place. In this guide, we’ll show you how to calculate the full cost of a MassMutual 401(k) plan using their DOL-mandated fee disclosure.

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401(k) Fees | Provider Shopping | Fiduciary Responsibility

How to Find & Calculate VOYA 401(k) Fees

By: Eric Droblyen
June 30th, 2020

If you have questions about VOYA 401(k) fees – how they work, how much they cost on average, or how you can find & calculate them for your plan – you’ve come to the right place. In this guide, we’ll show you how to calculate the full cost of a VOYA 401(k) plan using their DOL-mandated fee disclosure.

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401(k) Fees | Provider Shopping | Fiduciary Responsibility

How to Find & Calculate Principal 401(k) Fees

By: Eric Droblyen
June 30th, 2020

If you have questions about Principal's 401(k) fees – how they work, how much they cost on average, or how you can find & calculate them for your plan – you’ve come to the right place. In this guide, we’ll show you how to calculate the full cost of a Principal 401(k) plan using their DOL-mandated fee disclosure.

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Blog Feature

401(k) Fees | Provider Shopping | Fiduciary Responsibility

How to Find & Calculate American Funds 401(k) Fees

By: Eric Droblyen
June 30th, 2020

If you have questions about American Funds 401(k) fees – how they work, how much they cost on average, or how you can find & calculate them for your plan – you’ve come to the right place. In this guide, we’ll show you how to calculate the full cost of an American Funds 401(k) plan using their DOL-mandated fee disclosure.

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