Understanding the 401k Fees You Pay

“My 401(k) costs money?!” If that’s the first thing that popped into your mind after reading the title of this article don’t fret, you’re not alone. A Study by AARP found that seven out of ten (70%) people who participated … Read More

The Secret to Motivating Retirement Plan Participants

It’s no secret that that many people contribute to their retirement plans for years without understanding what is really going on with them. It is also no secret that some people use their 401(k)’s as tax-advantaged savings accounts. Some plan … Read More

The 3 Types of Retirement Specialists and When You Should Be Working With Each

You don’t have to look too far out into the media or internet to know that Americans have an issue saving for retirement. Facts, figures, and statistics plague our everyday lives about how the average baby boomer has painfully accepted … Read More

The DOL Audit – It Doesn’t Need to be Frightening

Hearing that you have an audit coming can really raise your blood pressure. For many plans, it’s become a routine part of their annual operations. Audits, by their nature, should include some element of surprise, but nothing akin to your … Read More

The 4 Distinct Duties of Fiduciary Responsibility

The functions of a fiduciary in today’s climate have never been stricter and encompassing. Breaking it down into defined areas helps us to better understand our responsibilities as retirement plan fiduciaries. The four distinct areas of responsibility are Administration & … Read More

How Can a Plan Sponsor Share Responsibility?

lan sponsors have it rough. They usually work in the finance or human resources department or, in the case of small business owners, they wear all the hats! They’re busy and usually have enough going on to occupy their work … Read More

The Hallmark of a True Fiduciary: Prudence and Documentation

Calling yourself a fiduciary is like calling yourself an artist, the juxtaposition of materials and processes are unique to each individual – with one major caveat is that a fiduciary is bound by law whereas an artist is bound by … Read More