401K Providers: 2020 Top 10 Lists

Companies that offer employees a 401(k) plan have many choices when selecting service providers for defined contribution plans. The challenge for many businesses, especially those small- and medium-sized, is that day-to-day operations leaves little time to review, monitor, and optimize their retirement plan on a regular basis. The result is that many plan sponsors lack a comprehensive understanding of who the top 401k providers are. Because your plan assets change due to financial market conditions

By |July 30th, 2020|401k|0 Comments

5 Reasons Your Company Should Offer a 401(k) Plan

Many business owners are reluctant to offer a 401(k) retirement plan due to concerns over ongoing administration, costs, and compliance. Another layer of complexity is that the value of a 401(k) plan can vary widely depending upon how well it is run and if it's being used. Among clients that we work with, here are 5 reasons business owners cited that helped inform their decision to offer a 401(k).

401K Providers: 2017 Top 10 Lists

Companies that offer employees a 401(k) plan have many choices when selecting service providers for defined contribution plans. The challenge for many businesses, especially those small- and medium-sized, is that day-to-day operations leaves little time to review, monitor, and optimize their retirement plan on a regular basis. The result is that many plan sponsors lack a comprehensive understanding of who the top 401k providers are. Because your plan assets change due to financial market conditions

By |February 21st, 2018|401k|0 Comments

401(k) Trends for Business Owners [infographic]

The Plan Sponsor Council of America (PSCA) released its 60th Annual Survey of Profit Sharing and 401(k) Plans this week. The good news is that participation rates in retirement plans, including defined contribution profit sharing and 401(k) plans, rose steadily. This means that more employees are taking advantage of their employer sponsored retirement benefits. Plan sponsors also continue to employ plan features like automatic enrollment, auto-escalation, and Roth 401(k)s to assist employees to grow their

By |February 14th, 2018|401k|0 Comments

Fiduciary Rule: What You Need to Know

As of June 9th, 2017, the Department of Labor's fiduciary rule, also known as the conflict-of-interest rule, has partially taken effect.  The new rule has the greatest effect on financial advisors who are registered brokers.  How does the fiduciary rule impact you?  What do you need to know?

By |June 12th, 2017|401k|0 Comments

401(k) Tune Up: How to Lower Your Fund Fees

Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I continue my series of articles on how to tune up your retirement plan.  The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans.  It is our hope to help employers optimize and better manage their retirement plan.  In doing so, we seek to help employees achieve their goal of

By |May 23rd, 2017|401k|0 Comments

Benchmark Your 401(k) Plan

Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I will be writing a series of articles on how to tune up your retirement plan.  The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans.  It is our hope to help employers optimize and better manage their retirement plan. In doing so, we seek to help employees achieve their

By |March 16th, 2017|401k|0 Comments

Why Not Now? Realizing Your Goal Starts With Action Today.

Last night before going to bed my wife asked me, “Can you turn on the humidifer?”  “Sure,” I said burying my head back into my laptop to finish some work. This morning the first thing I heard was, “How come you didn't turn the humidifier on?”  Oops.  After completing what I had been working on, I put the laptop down and quickly fell asleep. And so, today, I write about ACTION always beats INTENTION.

By |February 9th, 2017|401k|0 Comments

How to Find an Old 401(k)? A Comprehensive Guide to Help You Find Your Money.

According to the U.S. Bureau of Labor Statistics, the average American has held 11.7 jobs from age 18 to 48.  When switching jobs, 401(k) money doesn't automatically switch with you.  In fact, by some estimates, more than 900,000 workers lose track of their 401(k) plans each year!  This leaves many people at some point working hard to track down an old 401(k) account or accounts.  The good news is that the money should stay in

By |January 19th, 2017|401k|0 Comments
Go to Top