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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.
New Comparability 401(k) Plans - Are They Right for Your Small Business?

New Comparability 401(k) Plans - Are They Right for Your Small Business?

By: Eric Droblyen

April 19th 2017

Small businesses should consider new comparability profit sharing contributions when 401(k) plan goals include maximizing owner contributions at the lowest cost
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Fee Study of 525 401(k) Financial Advisors – Fiduciary Advice Costs Less!

Fee Study of 525 401(k) Financial Advisors – Fiduciary Advice Costs Less!

By: Eric Droblyen

April 5th 2017

To lower their 401k plan liability, small businesses should only hire fiduciary-grade financial advisors. Our study shows their superior care can cost less.
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The Top 4 Lies Told by 401(k) Providers

The Top 4 Lies Told by 401(k) Providers

By: Eric Droblyen

March 22nd 2017

Some 401(k) providers lie to excuse excessive fees or mask inexperience. With some basic facts, 401(k) fiduciaries can easily debunk the lies.
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401(k) Fees – Frequently Asked Questions by Plan Fiduciaries

401(k) Fees – Frequently Asked Questions by Plan Fiduciaries

By: Eric Droblyen

March 8th 2017

The #1 source for 401(k) fiduciary liability today is paying excessive fees to plan service providers. Our FAQ can help small businesses evaluate their fees.
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401(k) Index Funds – They Make it Easy to Reduce Fiduciary Liability

401(k) Index Funds – They Make it Easy to Reduce Fiduciary Liability

By: Eric Droblyen

February 22nd 2017

When compared to their actively-managed counterparts, 401k index funds are more likely to offer superior returns. They also reduce 401k fiduciary liability.
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Finding Hidden 401(k) Fees in Participant Disclosure Notices

Finding Hidden 401(k) Fees in Participant Disclosure Notices

By: Eric Droblyen

February 8th 2017

Hidden 401(k) fees, like revenue sharing and variable annuity wrap charges reduce 401(k) balances. 401(k) participants must understand when they apply.
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4 Traits of the Best Small Business 401(k) Providers

4 Traits of the Best Small Business 401(k) Providers

By: Eric Droblyen

January 11th 2017

America's Best Small Business 401(k) Providers have 4 traits in common. 401(k) fiduciaries should look for these traits when shopping for 401(k) services.
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Our Top 10 401(k) Blogs of 2016: What Topics Were the Most Popular?

Our Top 10 401(k) Blogs of 2016: What Topics Were the Most Popular?

By: Eric Droblyen

December 28th 2016

401(k) blogs related to plan design, administration and provider fees were the Frugal Fiduciary’s most popular in 2016. 
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401k Plan Design Study: What 2,767 Small Business 401k Plans Are Doing

401k Plan Design Study: What 2,767 Small Business 401k Plans Are Doing

By: Eric Droblyen

November 30th 2016

The right 401k plan design can save a small business thousands of dollars annually. Our plan design study summarizes findings for 2,767 401k plans
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401(k) Fees: Are Traditional 401(k) Services Worth a Smaller Retirement Nest Egg?

401(k) Fees: Are Traditional 401(k) Services Worth a Smaller Retirement Nest Egg?

By: Eric Droblyen

November 16th 2016

The best small business 401k providers only charge fees for value-added 401k services. Providers with high priced superfluous services should be avoided
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