Monthly Archives: June 2013

How to manage your 401k plan risk while saving time too

     If you are like most 401k responsible parties, your baptism was by fire. You might have inherited someonelse’s work and assumed it to be “okay.” The Employee Retirement Income Security Act (ERISA) exposes you to some significant risks. Take … Continue reading

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15 Warning Signs That Your 401k Plan is at Risk

You don’t know how many employees participating in the 401(k) are on track to retire The purpose of a retirement plan is to help employees retire. Do you track who is on track? If no employee is on track, what … Continue reading

Posted in 401k advisor, 401k Fees, Department of Labor, ERISA 3(38) Investment Manager, Investment Monitoring | Tagged , , , | Leave a comment

401k Fiduciaries’ Duties and Not so Safe Harbors

Does your advisor, recordkeeper or plan provider give you an evaluation of your plan based on proprietary analysis? I once looked at a plan where over 80% of the investments in the plan under independent analysis did not meet the … Continue reading

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6 Questions to Ask Your 401(k) Advisor to Know What Kind You Have

Being registered to sell investments does not mean that you know anything about a 401(k) other than it has investments. Some advisors to plans are investment generalists and not 401(k) savvy. The few advisors that focus on 401(k)s primarily focus … Continue reading

Posted in 401k advisor, 401k Fees, 401k Monitoring, Fee monitoring, Fiduciary duties, Investment Monitoring, Provider monitoring, retirement plan education, Retirement planning | Tagged | Leave a comment