Start your 2024 401(k) plan today to maximize contributions and secure tax credits before the year ends!
Get started
Search for topics or resources

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) Fiduciary Outsourcing: Does it Actually Increase an Employer’s Fiduciary Liability?

401(k) Fiduciary Outsourcing: Does it Actually Increase an Employer’s Fiduciary Liability?

By: Eric Droblyen

September 9th 2015

401(k) fiduciary outsourcing products can increase an employer’s 401(k) liability. Transparent, low cost 401(k) services are the safer bet for small business 401(k) sponsors.
Read More
Avoiding 401(k) Fiduciary Liability Doesn’t Need to Be Difficult; Simple “Best Practices” are the Key

Avoiding 401(k) Fiduciary Liability Doesn’t Need to Be Difficult; Simple “Best Practices” are the Key

By: Eric Droblyen

August 26th 2015

Picking the right low cost 401(k) plan provider can help small business retirement plans meet 401(k) fiduciary responsibilities.
Read More
Will Trial Lawyers be the Sole Beneficiary of a Watered-Down Fiduciary Rule?

Will Trial Lawyers be the Sole Beneficiary of a Watered-Down Fiduciary Rule?

By: Eric Droblyen

July 29th 2015

DOL’s fiduciary rule is good news for 401(k) lawyers, bad news for 401(k) advisors, 401(k) fiduciaries and participants.
Read More
A Common Sense 401(k) Reform - Retirement Labels and Receipts

A Common Sense 401(k) Reform - Retirement Labels and Receipts

By: Eric Droblyen

July 15th 2015

Retirement labels and retirement receipts could save 401(k) investors billions each year.
Read More
Clarity in a Complex World? A 408b-2 Review

Clarity in a Complex World? A 408b-2 Review

By: Eric Droblyen

July 1st 2015

401k fees disclosures are too complicated for the average 401k fiduciary.
Read More
The DOL’s Fiduciary Rule: Why Can’t Regulators do Simple?

The DOL’s Fiduciary Rule: Why Can’t Regulators do Simple?

By: Eric Droblyen

June 17th 2015

DOL regulations make it difficult for small business 401k plan sponsors to meet their fiduciary responsibilities.
Read More
401(k) Participants Should Leave Investing to the Pros; Focus on Saving

401(k) Participants Should Leave Investing to the Pros; Focus on Saving

By: Eric Droblyen

June 3rd 2015

401k participants should focus on savings when determining their retirement readiness. Leave 401k investing to professionals.
Read More
Is Conflict-Free Investment Advice More Expensive than Conflicted Advice?

Is Conflict-Free Investment Advice More Expensive than Conflicted Advice?

By: Eric Droblyen

May 20th 2015

Opponents of the DOL Fiduciary Rule say conflict-free 401k investment advice is cost prohibitive; they are wrong.
Read More
“Bundling” 401(k) services with other corporate services can result in fiduciary liability

“Bundling” 401(k) services with other corporate services can result in fiduciary liability

By: Eric Droblyen

May 6th 2015

Small business retirement plan sponsors have a duty to avoid conflicts of interest and self-dealing.
Read More
Watered-Down Fiduciary Rule May be the Best Case Scenario for Investors

Watered-Down Fiduciary Rule May be the Best Case Scenario for Investors

By: Eric Droblyen

April 22nd 2015

DOL Releases Their Long-Awaited Fiduciary, or “Conflicts of Interest,” Rule.
Read More