Small Companies May Have to Offer IRAs
The federal government proposes to mandate that small businesses automatically enroll workers who have shunned participation in 401(k) plans into payroll-funded individual retirement accounts.
Fixing a Small-Biz 401(k) Plan
It’s not easy for a small company to eliminate hidden fees that rob employees of their retirement savings. But be persistent, and you will win your workers’ loyalty.
When Is a Group Not a Group?
The Labor Department issues important guidance on what constitutes a valid multiple-employer 401(k) plan.
Time’s Up on 401(k) Fee-Disclosure Compliance
With the new regulations set to take effect on July 1, new potential breaches of fiduciary duty are looming.
Company Hit for $35 Million in 401(k) Fee Case
Among other breaches of fiduciary duty, ABB Inc. failed to monitor recordkeeping fees and revenue-sharing payments to its retirement plan's trust company.
Lifting the Lid on 401(k) Fees
The coming mandatory disclosure of plan fees could give participants a nasty shock.