Why are 401k plans so popular?
The 401k has been around for almosty 40 years. It came about from an interpretation of a law made in the late 1970s and NOT the result of any strategic planning by government or business.
It has become widely popular across the business landscape - from one owner situations to businesses with hundreds of thousands of employees.
Risks are an inherent part of business activity - this includes 401(k) sponsorship.
10 Things Plan Sponsors Do Wrong
Plan Sponsors are fiduciaries, meaning they are responsible for executing the administration of a 401k properly.
What are 10 common liability pitfalls encountered by the plan sponsor (company)?
Employees are inactive in managing their portfolio.
A Mock Conversation with the DOL - ERISA
How a plan sponsor can easily go wrong, even with the right intent.
Many company executives have the belief that 'others' are responsible for decisions made regarding the company 401k.
Who has what responsibility.
Employees have soft reasons for not participating.
401k Fiduciary Burden
Gain insight into the hidden dangers of being a 401(k) plan sponsor.
Why NOT Just ANY Retirement Plan
A poor plan design can make it difficult, expensive and maybe even impossible for a 401k plan to achieve the goals desired by management.