The three main players in the 401(k) world are the employees (participants), the employer (plan sponsor), and third-party service providers. Let’s meet the third-party service providers: Custodians One of the many government-mandated requirements surrounding your 401(k) plan is that employee …
The rent in your 401(k) plan is likely too high. Even worse, a lot of the time neither employers nor employees know just how much they’re paying, to whom, or even that they’re paying at all. Focusing on the fees …
As the primary retirement savings vehicle for many employees, it’s crucial to get a 401 (k) plan right. Yet, offering and maintaining a plan can be cumbersome. To help meet the fiduciary obligations and ease the administrative burdens, here are …
