How good is your 401(k) plan at work? We looked at Brightscope which measures 401(k) plans and gives them a rating.

Corporate Sponsored 40..., Mid Career Professional, Pre-Retiree, Retirement Planning, Financial PlanningChip Hymiller, AIF®, CFP®November 26, 2019401k, 401k Plan Sponsor, financial planning, Personal Finance, Retirement Plans, Corporate Sponsored Retirement Plans

Understanding 401(k) Plan Fiduciary Roles

As a 401(k) plan sponsor or decision maker, do you know that you can be held personally responsible for mistakes in your company's 401(k) plan? Hiring the right professionals, those that can serve as fiduciaries to your 401(k) plan can help defray some of your liability. Find out how.

Corporate Sponsored 40..., Retirement PlanningChip Hymiller, AIF®, CFP®January 2, 2016401k, Corporate Sponsored Retirement Plans, Retirement Planning, Retirement Plans

Fiduciary Responsibility FAQ for 401k Plan Sponsors

The Employee Retirement Income Security Act of 1974 (ERISA) imposes strict standards of conduct on fiduciaries who have discretion over the administration and investment of 401(k) retirement plans and plan assets.