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.
![The DOL Proposes New Electronic 401(k) Disclosure Rules](https://www.employeefiduciary.com/hubfs/The%20DOL%20Proposes%20New%20Electronic%20401%28k%29%20Disclosure%20Rules.jpg)
The DOL Proposes New Electronic 401(k) Disclosure Rules
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
November 13th 2019
The proposal would allow employers to electronically deliver 401(k) disclosures to plan participants by posting them to a website. This reform is overdue.
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![How MEPs Signal a Broken 401(k) Industry](https://www.employeefiduciary.com/hubfs/How%20MEPs%20Signal%20a%20Broken%20401%28k%29%20Industry%20.jpg)
How MEPs Signal a Broken 401(k) Industry
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
October 30th 2019
Multiple Employer Plans (MEPs) are better for the 401(k) industry than retirement plan savers and sponsors. Small business owners should avoid them.
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![3 Warning Signs Your 401(k) Provider is Ripping You Off](https://www.employeefiduciary.com/hubfs/The%203%20Warning%20Signs%20Your%20401%28k%29%20Provider%20is%20Ripping%20You%20Off.jpg)
3 Warning Signs Your 401(k) Provider is Ripping You Off
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
October 16th 2019
If you’re a business owner, you must know how much your 401(k) plan costs because the consequences for paying excessive fees are high.
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![401(k) Fees - Rules for Allocating Among Plan Participants](https://www.employeefiduciary.com/hubfs/401%28k%29%20Fees%20-%20Rules%20for%20Allocating%20Among%20Plan%20Participants.jpg)
401(k) Fees - Rules for Allocating Among Plan Participants
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
October 2nd 2019
Employers have a fiduciary responsibility to allocate 401(k) fees among plan participants equitably. This job can be easy with some basic education.
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![401(k) Amendment Rules – Strict, but (Mostly) Straightforward](https://www.employeefiduciary.com/hubfs/shutterstock_565655122.jpg)
401(k) Amendment Rules – Strict, but (Mostly) Straightforward
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
September 18th 2019
The Internal Revenue Service has strict rules for amending 401(k) plan documents. To stay out of trouble, employers should understand some amendment basics.
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![Steps for Reducing the Out-of-Pocket Cost of Retirement](https://www.employeefiduciary.com/hubfs/shutterstock_1138930493.jpg)
Steps for Reducing the Out-of-Pocket Cost of Retirement
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
September 4th 2019
A simple plan can dramatically reduce the cost of retirement for 401(k) participants. Investing knowledge is not required to follow the plan.
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![Traditional Safe Harbor 401(k) Plan vs. QACA – How to Choose](https://www.employeefiduciary.com/hubfs/imageedit_3_2668945435.jpg)
Traditional Safe Harbor 401(k) Plan vs. QACA – How to Choose
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
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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![401(k) Fee Study: What Does a Fiduciary-Grade Advisor Cost?](https://www.employeefiduciary.com/hubfs/401%28k%29%20Fee%20Study%20What%20Does%20a%20Fiduciary-Grade%20Advisor%20Cost%3F.jpg)
401(k) Fee Study: What Does a Fiduciary-Grade Advisor Cost?
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
August 7th 2019
Our fee study of 753 fiduciary-grade financial advisors shows impartial advice reduces the total cost of a 401(k) plan. Employers should not settle for less.
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![Revenue Sharing - 5 Reasons for 401(k) Fiduciaries to Avoid it](https://www.employeefiduciary.com/hubfs/Revenue%20Sharing%20-%205%20Reasons%20for%20401%28k%29%20Fiduciaries%20to%20Avoid%20it%20.jpg)
Revenue Sharing - 5 Reasons for 401(k) Fiduciaries to Avoid it
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
July 24th 2019
Revenue sharing makes it harder than necessary to meet 401(k) fiduciary responsibilities. Employers should pay direct 401(k) fees instead.
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![The SPIVA Scorecard – A Must-Read for 401(k) Fiduciaries](https://www.employeefiduciary.com/hubfs/shutterstock_260534162.jpg)
The SPIVA Scorecard – A Must-Read for 401(k) Fiduciaries
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
July 10th 2019
The SPIVA Scorecard measures the percentage of active funds that outperform their market benchmark over specific periods of time, net of fees. Most don't.
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