Category Archives: Investment Monitoring

Is there a devil in your 401k investment menu?

Could your 401k QDIA actually be a liability? If an investment advisor or broker recommended an investment with a 3 month track record for your employees would you take it? That is what many sponsors did when Qualified Default Investment … Continue reading

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Warning: Your 401k Plan May be a Lemon

Yale Professor warns of Hidden Excessive Fees Yale Law School professor has put many 401k industry providers have been in an uproar over the last few weeks. Professor Ayers sent letters to about 6,000 sponsors of 401(k) plans suggesting that … Continue reading

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3 Vital 401k plan risk factors to check your plan health

Recently, a Yale Professor raised blood pressures when he sent a letter to 6000 plan sponsors asserting that their plans did not pass these questions. He also said that he had gotten his information from publicly available sources. These sources … 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

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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

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401(k) fees and providers: Evidence-based provider monitoring

                    A federal judge ordered the president of Columbus-based Clark Graphics, Mary Clark, to restore $505,551.46 to the company’s two employee retirement plans. The order requires the restoration of all plan losses for which the defendants are liable plus … Continue reading

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Do you need an investment life guard (ERISA 3 (38) investment manager)?

Does your investment guide give you a false sense of security? It doesn’t seem to be wise to take on risks where there is no reward. Yet, if you are like most plan sponsors you are taking on the risk … Continue reading

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Would you rather have a 401(k) $100,000 balance or a $198,000?

Assuming that this is not a trick question, hopefully you answered the latter. Recently, I did an analysis of a Chicago law firm with about a $50 million total balance. Had they been in a portfolio based on principles of … Continue reading

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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

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