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.
Employers Should Avoid Providers That Treat 401(k) Plans Like a Product, Not a Service
Insurance and mutual fund companies treat 401k plans like a product by restricting fund and plan design options. Plan Sponsors need impartial and consultative advice insteadRead More
A Common Sense 401(k) Plan for Small Businesses
TSP-like 401(k) plans are a common sense retirement plan but are not meant for everyone. Compare traditional 401(k) services against a TSP baseline here.Read More
401(k) Loan Rules – What Plan Participants Need to Know
If you are a 401(k) participant, use our FAQ to understand when you can take a loan from your account and how to avoid taxes or penalties.Read More
Fee Study of 525 401(k) Financial Advisors – Fiduciary Advice Costs Less!
To lower their 401k plan liability, small businesses should only hire fiduciary-grade financial advisors. Our study shows their superior care can cost less.Read More
The Top 4 Lies Told by 401(k) Providers
Some 401(k) providers lie to excuse excessive fees or mask inexperience. With some basic facts, 401(k) fiduciaries can easily debunk the lies.Read More
401(k) Fees – Frequently Asked Questions by Plan Fiduciaries
The #1 source for 401(k) fiduciary liability today is paying excessive fees to plan service providers. Our FAQ can help small businesses evaluate their fees.Read More
4 Traits of the Best Small Business 401(k) Providers
America's Best Small Business 401(k) Providers have 4 traits in common. 401(k) fiduciaries should look for these traits when shopping for 401(k) services.Read More
401(k) Fees: Are Traditional 401(k) Services Worth a Smaller Retirement Nest Egg?
The best small business 401k providers only charge fees for value-added 401k services. Providers with high priced superfluous services should be avoidedRead More
How MEPs Complicate 401(k) Plan Terminations
Exiting a 401k plan can be an easy process, as long as you aren't part of an MEP. MEPs complicate the plan termination process and can cost you big time.Read More
Asset-Based 401(k) Admin Fees Are Unreasonable; Fiduciaries Should Avoid Them
The best small business 401k providers charge low transparent fees based on participant headcount, not assets. A 401k fiduciary should not settle for less.Read More