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) Mutual Funds – Pay Attention to Share Class!
Mutual funds are often available in multiple share classes. To serve the best interest of 401k participants, the least expensive share class should be used.Read More
It's Too Easy to Conceal 401k Fees – We Need 408b-2 Reform
Fidelity is being accused of charging excessive, undisclosed 401(k) fees. Other providers obfuscate fees in 408b-2 disclosures. It's time for reform.Read More
Small Business 401(k) Plan Design Study: What 3,975 401(k) Plans Are Doing
The right 401(k) plan design can help a small business meet plan goals at the lowest possible cost. Our study summarizes the designs of 3,975 401(k) plansRead More
Applying Jack Bogle’s Guiding Principle to 401(k) Provider Fees
Jack Bogle's guiding principle was simple - costs matter. 401(k) participants should apply the same principle to 401(k) provider fees paid by their account.Read More
Replacing SIMPLE IRAs with a 401(k) – Frequently Asked Questions
Replacing a small business SIMPLE IRA with a 401(k) is not a complicated process, but it does require planning. Our FAQ can help the process go smoothly.Read More
2018 Small Business 401(k) Fee Study – What’s Too High?
Are my 401(k) fees too high?” is a common question asked by both plan sponsors and participants. Our small business fee study can give some perspective.Read More
Calculating American Funds 401(k) Fees Using Their 408b-2
American Funds is one of the largest 401k providers in the nation. Their 408b-2 fee disclosure is also one of the worst. Here are steps for deciphering it.Read More
How to Total Paychex 401(k) Fees Using Their 408b-2 Disclosure
Paychex is one of the largest 401(k) providers in country. Their 408b-2 fee disclosure is also one of the worst. Here are 3 steps for deciphering it.Read More
Calculating ADP 401(k) Fees Using Their 408b-2 Disclosure
ADP is one of the largest 401(k) providers in country. Their 408b-2 fee disclosure is also one of the worst. Here are 3 steps for deciphering it.Read More
Guidelines for Benchmarking 401k Admin and Investment Fees
Employers have a fiduciary responsibility to pay reasonable fees for 401k plan administration and investments. This job can be easy using simple guidelines.Read More