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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.
A Good Try from Congress, but Multiple Employer Plans are not the answer.

A Good Try from Congress, but Multiple Employer Plans are not the answer.

By: Greg Carpenter

February 3rd 2014

The problem is this, the way the bill gets to lower small business 401k plan costs is to allow unrelated small businesses to join multiple employer plans, or MEP
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New Year’s resolution: Be a better fiduciary to my plan.

New Year’s resolution: Be a better fiduciary to my plan.

By: Greg Carpenter

January 24th 2014

Don't give up on your New Year's Resolution. Make the decision to be a great fiduciary to your small business 401k plan. Here’s how.
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Retirement readiness begins by getting organized. Here are some great free tools.

Retirement readiness begins by getting organized. Here are some great free tools.

By: Greg Carpenter

January 16th 2014

There are many early stage firms that are using new technology to aggregate financial information across all platforms for retirement readiness.
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Retirement readiness? Even with a great 401(k) most will have to work hard to retire well.

Retirement readiness? Even with a great 401(k) most will have to work hard to retire well.

By: Greg Carpenter

December 18th 2013

Retirement readiness. If we use a consistent, frugal, disciplined approach to retirement savings we will stand the best chance of achieving our investment objectives.
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Press spins industry “research” puff piece into a retirement crisis denial story. Allow me to retort.

Press spins industry “research” puff piece into a retirement crisis denial story. Allow me to retort.

By: Greg Carpenter

December 11th 2013

Industry insider groups released a research paper on small business 401k plans. Our retirement savings systems are doing swell. Not so fast.
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Schwab’s CEO embraces passive management. And Fidelity confirms a trend. Tipping point?

Schwab’s CEO embraces passive management. And Fidelity confirms a trend. Tipping point?

By: Greg Carpenter

November 20th 2013

Trending:  Passively managed index funds and target date retirement funds for small business 401k plans. Just ask Schwab and Fidelity.
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Consulting giant produces “Seven Little Pages of Retirement Plan Wisdom.” It is a must read.

Consulting giant produces “Seven Little Pages of Retirement Plan Wisdom.” It is a must read.

By: Greg Carpenter

November 13th 2013

Mercer has produced an extraordinary little document that clearly explains plan fees and fiduciary responsibilities for your small business 401k plans.
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Mandatory 401(k) Participation. Trending? (I hope not.)

Mandatory 401(k) Participation. Trending? (I hope not.)

By: Greg Carpenter

November 6th 2013

Two financial specialists think 401(k) participation should be mandatory. They are being irresponsible. Your Small Business 401k Plan is your choice.
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Let’s go shopping! For a 401(k) plan?

Let’s go shopping! For a 401(k) plan?

By: Greg Carpenter

November 1st 2013

Getting the best small business 401(k) plan for your company requires two things – clear objectives and the willingness to shop the plan.
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Uncooked Pizza and the Low Cost 401(k) Plan, Part 2 of 2

Uncooked Pizza and the Low Cost 401(k) Plan, Part 2 of 2

By: Greg Carpenter

October 23rd 2013

Innovation: How pizza and 401(k) plans are a lot alike. Part 2 of 2 blog explaining a Low Cost 401(k) Plan, value choice and low cost.
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