AdvisoryHQ’s List of Top 6 Best 401k CompaniesList is sorted alphabetically
- American Funds
- Betterment for Business
- Edward Jones
- Employee Fiduciary
- Fidelity Investments
When you buy just about anything these days, it's easy to go online to price compare. You know pretty quickly whether you're getting a good price.
But 401(k)s are a different beast. Although the government requires disclosure on fees, it's not easy to tell whether you're paying too much. Millions are, but will never know it.
Of course, neither your employer nor the government will tell you how to do this, but you need to vet your plan for fee levels. You'll receive a plan disclosure statement that can open up the door. Here are some guidelines from Employee Fiduciary...
Topics: 401k fees
What if the expense ratios on your retirement funds are way too high? You'll need to ask some questions and demand some action from your plan administrator. According to Employee Fiduciary, here are the right questions to ask...
Topics: 401k fees
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.