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.
Beware of Surrender Charges and Other Extraordinary 401(k) Fees Charged by Insurance Companies
By: Eric Droblyen
March 25th 2015
Insurance company variable annuity products are bad for both small business retirement plan sponsors and 401k participants.
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Jerry Schlichter Interviewed by Frontline; 401(k) Sponsors Should Take Note
By: Eric Droblyen
March 11th 2015
Jerry Schlichter Interviewed on Frontline; Tibble vs. Edison case may change 401(k) investment monitoring standards.
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DOL’s Fiduciary Rule Advances to OMB; Not Everyone is Happy about It
By: Eric Droblyen
March 4th 2015
Why the DOL’s Fiduciary Rule is good news for small business retirement plans.
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Target Monthly Income and not an Account Balance When Saving for Retirement
By: Eric Droblyen
February 25th 2015
Income replacement should be the target when saving for retirement
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Evaluating 401(k) Providers: Separating Commodity from Value-Added Services
By: Eric Droblyen
February 10th 2015
When shopping 401k providers for your small businesses retirement plan, it's important to separate commodity from value-added services.
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NAPA stakes a position against the DOL’s fiduciary rule
By: Eric Droblyen
January 26th 2015
NAPA is missing the point of a fiduciary rule. DOL is saying it’s too easy for unscrupulous or incompetent brokers to steer investors to products with higher fees.
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Keeping my Fingers Crossed for 401(k) Reform in Tonight’s SOTU Address
By: Eric Droblyen
January 20th 2015
Small business retirement plan reform in 2015 State of the Union address. Hopefully a fiduciary standard to 401(k) savers are clear, conflict-fee advice at reasonable fees
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MyRAs are not the answer for expanding retirement plan coverage
By: Eric Droblyen
January 6th 2015
MyRAs not yet a strong alternative for small business retirement plans. The President and Congress need to work together to give workers more options.
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New Year’s Resolution # 1 for Fiduciaries – “I WILL Evaluate My 401(k) Plan Fees"
By: Eric Droblyen
December 30th 2014
ERISA requires 401(k) sponsors, and any other fiduciary, to ensure that the services provided to their plan are necessary with fair 401(k) Plan Fees
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Why All Employers Should Know their “All-In” 401(k) Fee
By: Eric Droblyen
August 28th 2014
Breaking down the individual factors of a 401(k) plan is overwhelming. Instead, we recommend an All-In 401(k) fee that provides a single, total price.
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