Bundled or Unbundled: That Is the Question

Employers have a choice when building their company retirement plan and choosing service providers who will help them manage the plan.  Excluding those services provided by a financial advisor, the choice is either to “bundle” the plan document, plan administration, reporting, and investments with one provider or to “unbundle” those services with at least two…

Late or Missing Deposits

Timing is everything. You’ve no doubt heard this phrase, but it holds especially true when it comes to depositing employee deferrals into your 401(k) plan. Depositing each employee’s salary deferral into their 401(k) plan account may seem like a small piece of the 401(k) puzzle, but failing to meet the deadlines for depositing the contributions,…

Missing the Match

401(k) Plan Match = Major Incentive   One key plan design aspect of 401(k) plans and a significant draw for employees and employers alike is the ability of the plan sponsor (employer) to include matching contributions in the plan. Not only does the match incentivize employees to participate in the plan, it also increases overall contributions in participant accounts. Furthermore,…

Compliance and Administrative Deadlines to Remember

If you’re like us, your world revolves around deadlines. We decided to make it easier on ourselves (and you) by adding them all in this graphic for quick reference. You can also view major upcoming deadlines on the Compliance Calendar on our blog page. Download the calendar here: ERISA Deadlines for Calendar Year Plans   We…

401(k) Plan Administration Pitfalls

Business Owners often weigh the pros and cons of offering many types of employee benefits, from health care coverage to weekly lunches. On one hand, many of these benefits are crucial to the health and happiness of your employees. On the other, managing a health care plan adds administrative burden and requires some understanding of…

Top 5 Blog Posts

Rewind with us as we reminisce about 2017 and look back at our top-performing blog posts of all time! With 2018 approaching, we’re reviewing the information you found most useful in previous years and adding the finishing touch to our game plan for the retirement topics we’ll tackle in 2018.   Straw, Stick and Brick House…

Safe Harbor 401(k) Plans

Adding Safe Harbor provisions is a simple and popular option for plan sponsors, and we revisit the benefits of adding a Safe Harbor provision to a 401(k) plan often on our blog. Read through our fact sheet below to see why! Download this fact sheet here. Questions about establishing a Safe Harbor 401(k) plan, or…

Fee Assessment & Plan Benchmarking – 401(k) Fight Club?

Advisors, it’s time to pick up your swords and shields and fight for your clients’ retirement plans!   No, we’re not talking about a possible advisor “Fight Club.” If we were, we’ve already broken the first rule of Fight Club (don’t talk about Fight Club.) We’re talking about fighting against the encroaching fees, underperforming investments,…

Are Your Old 401(k) Accounts Home Alone?

Are you ever struck by the feeling you’ve forgotten something when you’re already out the door on the way to work? Maybe you left the oven on. Perhaps you forgot to lock the front door. Or, like the plot of Home Alone, maybe you forgot your child while scrambling through your morning routine! (Hopefully not…

Going Solo – 401(k)

Self-employment isn’t for everyone. The responsibilities of maintaining the business, providing excellent care for your customers, and staying ahead of your competitors all rest entirely on your shoulders. When considering your options for saving for retirement, your time is extremely limited. Perhaps you’ve participated in a 401(k) plan in the past but assumed this option was off-limits…