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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 Federal TSP Is a Baseline for 401(k) Plans – And Any Small Business Can Match It

The Federal TSP Is a Baseline for 401(k) Plans – And Any Small Business Can Match It

By: Eric Droblyen

September 23rd 2015

The Federal Thrift Savings Plan (TSP) should be an example for low cost small business retirement plans. 401(k) fiduciaries should understand its virtues.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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“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.
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