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.
![3 Common 401(k) Provider Conflicts of Interest!](https://www.employeefiduciary.com/hubfs/dont-overlook-these-401k-provider-conflicts-of-interest1.jpg)
3 Common 401(k) Provider Conflicts of Interest!
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
May 2nd 2018
Employers have a fiduciary responsibility to evaluate their 401(k) provider's conflicts of interest. They risk personal liability when they don't.
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![401(k) Plan Coverage Testing – What Employers Need to Know](https://www.employeefiduciary.com/hubfs/Screen%20Shot%202018-04-16%20at%2011.59.14%20AM.png)
401(k) Plan Coverage Testing – What Employers Need to Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
April 18th 2018
The IRC section 410(b) coverage test ensures a 401(k) plan sufficiently covers Non-Highly Compensated Employees. Employers should understand its basics.
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![Department of Labor Guidance for Paying 401(k) Fees from Plan Assets](https://www.employeefiduciary.com/hubfs/dol-guidance-for-paying-401k-fees-from-plan-assets.jpg)
Department of Labor Guidance for Paying 401(k) Fees from Plan Assets
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
April 4th 2018
The DOL divides 401(k) fees into two categories – administrative and settlor expenses. Employers can only pay administrative expenses from plan assets
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![Unpacking the Complex Web of Insurance Company 401(k) Fees](https://www.employeefiduciary.com/hubfs/insurance-company-401k-fees-900068-edited.jpg)
Unpacking the Complex Web of Insurance Company 401(k) Fees
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
March 21st 2018
All insurance company 401(k) providers - including John Hancock, Empower, Voya, Principal – charge hidden fees. Plan fiduciaries must be able to evaluate them.
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![The 401(k) Form 5500 – Frequently Asked Questions (FAQ)](https://www.employeefiduciary.com/hubfs/blog-files/the-401k-form-5500-frequently-asked-questions-faq.jpg)
The 401(k) Form 5500 – Frequently Asked Questions (FAQ)
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
March 7th 2018
The Form 5500 discloses 401(k) plan information to the Federal government and plan participants. Employers must understand their plan's filing requirements.
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![401(k) Plan Compensation – What Employers Need to Know](https://www.employeefiduciary.com/hubfs/shutterstock_553395220.jpg)
401(k) Plan Compensation – What Employers Need to Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
February 21st 2018
A 401k plan can require multiple definitions of employee compensation. To keep their plan in legal compliance, employers must understand all of them.
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![401(k) Admin Fees – The Benefits to Business Owners That Pay Them](https://www.employeefiduciary.com/hubfs/1-24-2018.jpg)
401(k) Admin Fees – The Benefits to Business Owners That Pay Them
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
January 24th 2018
Small business owners earn four valuable benefits when they pay their 401k administration fees from a corporate bank account instead of plan assets.
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![Are Profit Sharing Contributions Right for Your 401(k) Plan?](https://www.employeefiduciary.com/hubfs/shutterstock_478129501-1-1-1.jpeg)
Are Profit Sharing Contributions Right for Your 401(k) Plan?
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
January 10th 2018
Pro rata, permitted disparity, and new comparability are types of 401k profit sharing contributions. Employers should know if they’re right for their plan.
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![The Top Ten Frugal Fiduciary 401(k) Blogs of 2017](https://www.employeefiduciary.com/hubfs/12.27.17.jpg)
The Top Ten Frugal Fiduciary 401(k) Blogs of 2017
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
December 27th 2017
Our top 10 blogs for 2017 are must-reads for small business 401k sponsors and participants. They cover retirement plan features, fees and 401k providers.
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![Why Multiple Employer 401(k) Plans are Obsolete Today](https://www.employeefiduciary.com/hubfs/shutterstock_552276910.jpg)
Why Multiple Employer 401(k) Plans are Obsolete Today
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
December 13th 2017
Supporters of Multiple Employer Plans (MEPs) claim these 401ks lower plan fees and fiduciary liability for small businesses. Neither claim is true.
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