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.
![How to Total Paychex 401(k) Fees Using Their 408b-2 Disclosure](https://www.employeefiduciary.com/hubfs/How-Total-Paychex-401%28k%29-Fees-Using-Their-408b-2-Disclosure.jpg)
How to Total Paychex 401(k) Fees Using Their 408b-2 Disclosure
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
September 5th 2018
Paychex is one of the largest 401(k) providers in country. Their 408b-2 fee disclosure is also one of the worst. Here are 3 steps for deciphering it.
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![Calculating ADP 401(k) Fees Using Their 408b-2 Disclosure](https://www.employeefiduciary.com/hubfs/Calculating%20ADP%20401%28k%29%20Fees%20Using%20Their%20408b-2%20Disclosure-1.jpg)
Calculating ADP 401(k) Fees Using Their 408b-2 Disclosure
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
August 22nd 2018
ADP is one of the largest 401(k) providers in country. Their 408b-2 fee disclosure is also one of the worst. Here are 3 steps for deciphering it.
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![401(k) Fee Levelization – It Can Make Revenue Sharing Worse!](https://www.employeefiduciary.com/hubfs/401k-fee-levelization.jpg)
401(k) Fee Levelization – It Can Make Revenue Sharing Worse!
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
July 11th 2018
401k providers claim "fee levelization" makes revenue sharing payments more transparent and fair. In truth, the complicated process can do the opposite.
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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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![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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![Worried Your 401(k) Pays Hidden Fees? Answer 2 Questions to Find Out](https://www.employeefiduciary.com/hubfs/shutterstock_440745115.jpg)
Worried Your 401(k) Pays Hidden Fees? Answer 2 Questions to Find Out
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
November 29th 2017
Employers have a fiduciary responsibility to pay only reasonable fees from 401k plan assets. Avoid hidden 401k fees to make this job as easy as possible.
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![Are Your 401(k) Fees “Reasonable?” Benchmark Them to Find Out](https://www.employeefiduciary.com/hubfs/blog-files/are-your-401k-fees-reasonable-benchmark-them-to-find-out.jpg)
Are Your 401(k) Fees “Reasonable?” Benchmark Them to Find Out
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
June 28th 2017
Small businesses have a fiduciary responsibility to pay only reasonable 401k fees, but "reasonable" is not defined. Benchmarking 401(k) providers and industry averages is the key to confirming 401k fee reasonableness.
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![401(k) Fees – Frequently Asked Questions by Plan Fiduciaries](http://www.employeefiduciary.com/hubfs/iStock-470958240.jpg)
401(k) Fees – Frequently Asked Questions by Plan Fiduciaries
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
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) Fees: Are Traditional 401(k) Services Worth a Smaller Retirement Nest Egg?](http://www.employeefiduciary.com/hubfs/blog-files/ThinkstockPhotos-78487022.jpg)
401(k) Fees: Are Traditional 401(k) Services Worth a Smaller Retirement Nest Egg?
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
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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