401(k) administration – who are all these people, what do they do, and why?
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 …
Fees, Fees, and more fees…
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 …
Elements of a Successful 401(k) Plan
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 …
Index Investing – ACM Q4 2017 Newsletter
Index investing was much in the news in 2017. An article in the Wall Street Journal in late November noted that U.S. index funds have seen cash inflows of around $1.7 trillion since 2009, compared with outflows of nearly $1 …