Don’t be Haunted by Plan Fees
There are many frightening things in the world but reviewing 401(k) plan fees doesn’t need to be one of them. During the month of October, employers sponsoring 401(k) plans may think it whimsical to look at the eerie ghosts, goblins and witches decorating public spaces but shiver at the specter of the U.S. Department of Labor and its strict requirement that 401(k) fees be reasonable.
Should Your Plan “Go Extreme”?
Participants value “extreme” 401(k) plans, according to another survey, this one undertaken by American Century Investments. What is an extreme plan and how does it benefit plan participants and sponsors? And is an extreme plan one that employers can easily adopt?
Diagnose Your Retirement Plan’s Health Amid COVID-19
As a 401(k) sponsor, how would you describe the health of your company retirement plan today? Is it thriving, seriously ill or somewhere in between?