The Successor Plan Rule And Opening A New 401(k) Plan
Here’s a quick overview of the successor plan rule and why it could prevent a plan sponsor from opening a new 401(k) plan.
What is a 3(16) and 3(38) Fiduciary for 401(k) Plans?
Understand the differences between a 3(16) and 3(38) fiduciary, and their roles in your retirement plan.
Nondiscriminatory Testing of 401(k) Plans
Nondiscriminatory testing is often performed on behalf of plan sponsors by the record-keeper or a third-party administrator (TPA). However, it is vital that plan sponsors understand the basics of the testing. For example, what types of contributions are tested, how the test is conducted and what happens when a plan fails.
Sinking in 401(k) Fees? Here’s What You Can Do
Most surveys that poll 401(k) participants have “no idea” if their investments are “good, bad, or ugly.” And, when you are planning for retirement, you want to know that the funds you are investing are generating wealth and not just sucking money out of your account due to hidden or overpriced fees.