Monthly Archives: December 2012

401k review-Are you paying for an audit that you don’t need?

    Many employers and their designees take their cues on what they need to do from the providers that they select. While the law expects that you would go through a due diligence vendor selection process, many firms simply select … Continue reading

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401k Review- Do your 401k providers help manage your risk or increase it?

      Let’s face it we all hate regulation, especially when it means more work in areas that we aren’t expert in. Recently I talked with a general practitioner physician about her 401(k) plan. She first explained that she already had … Continue reading

Posted in 401k Monitoring, 401k Review, 401k rules, Department of Labor, Fiduciary duties, retirement plan education | Tagged , | Leave a comment

Avoiding a 401k fiduciary breach- An independent fiduciary might save your assets

                                                                DOL investigator                                    Plan sponsor flanked by independent fiduciary Do you know the ERISA rules and 401k rules? “When a 401k plan gets in big trouble, the DOL removes the company’s fiduciaries and appoints a professional, independent fiduciary. An … Continue reading

Posted in 401k Management, 401k Monitoring, 401k rules, Department of Labor, ERISA plan, Fiduciary duties, Uncategorized | Leave a comment

401k reviews and fast food menus

When we go to McDonald’s, most of us don’t expect to get healthy food. McDonalds serves kids and adults. We go there because it is quick, convenient and offers a fun experience for those of us with kids. McDonald’s does … Continue reading

Posted in 401k Management, 401k Review, Fiduciary duties, Investment Monitoring, Investment selection, Provider monitoring, Provider selection, retirement plan education | Tagged | Leave a comment