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.

401(k) Fidelity Bonds – Frequently Asked Questions

By: Eric Droblyen
June 27th 2018
An ERISA fidelity bond protects 401(k) plan participants against losses caused by acts of fraud or dishonesty. Employers should understand their basics.
Read More

Understanding a 401(k) Plan’s Fiduciary Hierarchy Can Make It Easier for Employers To Meet Fiduciary Responsibilities

By: Eric Droblyen
December 16th 2015
401(k) fiduciary responsibility is receiving increased attention, but employers are still unclear about meeting their plan’s fiduciary responsibilities.
Read More

Good News, 401(k) Fiduciaries! DOL Fee Disclosure Rules Make ERISA 404(c) Compliance Simple

By: Eric Droblyen
December 2nd 2015
ERISA 404(c) protects 401(k) fiduciaries from participant investment losses. Participant fee disclosure regulations under ERISA 404a-5 make ERISA 404(c) compliance easier.
Read More

Managing 401(k) Deadlines for the 2016 Plan Year – A Checklist Can Help

By: Eric Droblyen
November 18th 2015
401k plans have many ERISA compliance responsibilities that must be satisfied every plan year. The Employee Fiduciary compliance calendar can be used to track these responsibilities for the 2016 plan year.
Read More

401(k) Fiduciary Outsourcing: Does it Actually Increase an Employer’s Fiduciary Liability?

By: Eric Droblyen
September 9th 2015
401(k) fiduciary outsourcing products can increase an employer’s 401(k) liability. Transparent, low cost 401(k) services are the safer bet for small business 401(k) sponsors.
Read More

Avoiding 401(k) Fiduciary Liability Doesn’t Need to Be Difficult; Simple “Best Practices” are the Key

By: Eric Droblyen
August 26th 2015
Picking the right low cost 401(k) plan provider can help small business retirement plans meet 401(k) fiduciary responsibilities.
Read More

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.
Read More

What You Ought to Know About 401(k) Fiduciary Responsibility

By: Greg Carpenter
April 10th 2013
The Frugal Fiduciary highlights why the recent GAO report is an excellent reminder of a 401(k) fiduciary responsibility to investors.
Read More