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 Guide to Small Businesses Retirement Plan Options for Owners
By: Eric Droblyen
September 10th 2024
Our guide breaks down the most popular retirement plan options for small businesses, including their pros and cons, to help business owners pick the right plan.
Read More
Solo 401(k) Plans – How to Maximize their Benefits
By: Eric Droblyen
August 27th 2024
A solo 401(k) plan can only cover business owners and their spouses. Understanding their rules and options can help a business owner maximize their benefit.
Read More
How Starter 401(k) Plans Compare to Safe Harbor and Traditional Plans
By: Eric Droblyen
March 12th 2024
Employers with no 401(k) plan can now adopt a starter plan. Small business owners should understand how they compare to traditional and safe harbor plans.
Read More
Replacing a SIMPLE IRA with a 401(k) – Frequently Asked Questions
By: Brian Furgala
July 5th 2023
Replacing a small business SIMPLE IRA with a 401(k) is not a complicated process, but it does require planning. Our FAQ can help the process go smoothly.
Read More
Pooled Employer 401(k) Plans (PEPs): Myth vs. Reality
By: Eric Droblyen
February 16th 2022
Pooled Employer Plans (PEPs) can seem attractive at first blush. Ironically, their purported benefits can, in fact, harm 401(k) plan participants and fiduciaries.
Read More
Pooled vs. Single-Employer 401(k) Plans - Are PEPs for You?
By: Eric Droblyen
December 9th 2020
Supporters claim Pooled Employer Plans (PEPs) offer lower 401k fees and greater liability protection than single-employer plans. They rarely deliver either.
Read More
401(k) vs SIMPLE IRA: Which is Right for Your Business?
By: Eric Droblyen
May 27th 2020
401(k) or SIMPLE IRA? The kind of plan you pick could have an enormous impact on the finances of everyone involved in your business. Choose wisely.
Read More
How MEPs Signal a Broken 401(k) Industry
By: Eric Droblyen
October 30th 2019
Multiple Employer Plans (MEPs) are better for the 401(k) industry than retirement plan savers and sponsors. Small business owners should avoid them.
Read More
TSP-like 401(k)s + Tax Credits = More Small Business Plans
By: Eric Droblyen
October 3rd 2018
Multiple Employers Plans (MEPs) are promoted as a way to expand small business retirement coverage. TSP-like 401ks and tax credits would do a better job
Read More
Why Multiple Employer 401(k) Plans are Obsolete Today
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.
Read More