1100 Dauphin Street, Suite B Mobile, AL 36604
401(k) Solutions for Micro Plans. The recent announcement that Betterment is getting into the 401(k) business prompted a review of solutions for the micro plan market. Employee Fiduciary mentioned in an article on PlanSponsor.
Stakeholders respond to Betterment’s launch. Robo-advisory platform for 401(k) plans making waves. Employee Fiduciary mentioned in an article on BenefitsPro.
Will New DOL Rule Contain Fiduciary Surprise for 401k Recordkeepers? Eric Droblyen, President of Employee Fiduciary, was quoted by FiduciaryNews.com.
Topics: low cost 401(k) plan
In an interview for FitSmallBusiness.com, "How small businesses can provide employees with a retirement plan? An Interview with Mark Zoril," Zoril recommends Employee Fiduciary for 401k recordkeeping.
Topics: 401k recordkeeping
Eric Droblyen, president of Employee Fiduciary was quoted in an article on Bloomberg Business.
Business owners might pay more attention to these fees if they were coming directly out of the company coffers. Instead, the fees are often passed on to workers in the form of higher mutual fund expenses. “If it’s not affecting your company bottom line, you don’t pay attention to fees,” said Eric Droblyen, president of Employee Fiduciary.
Eric Droblyen, president and COO of Employee Fiduciary was quoted in an article on Employee Benefits News.
“When the president announces that a proposed regulation has gone to the OMB it is clearly a priority for the administration,” said Eric Droblyen, president and COO of Employee Fiduciary, LLC in St. Petersburg, Fla. “I have to believe the DOL has learned a lesson in listening to the industry. The sky is falling. The sky is falling.”
Greg Carpenter was interviewed by Nick Thorton, BenefitsPro.com. "Putting clients’ interests first all along."
Greg Carpenter, a co-founder of Employee Fiduciary, a Mobile, Alabama-based RIA that specializes in the small-plan market, thinks the DOL’s proposed rule will, in fact, be disruptive to the 401(k) market, which remains dominated by the broker-dealer world, not RIA fiduciaries who work on fixed fees.
Greg Carpenter was interviewed by the WSJ: "How to Lobby for a Better 401(k)."
Consider writing a letter. "You've got to frame the request. Keep it positive. Put it in writing. Be prepared to assist," says Greg Carpenter, chief executive of Employee Fiduciary, which is based in Mobile, Ala., and offers record- keeping services to 401(k) plans.