Retirement Plan Consultants

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Safe Harbor 401(k) Plan Design

Safe Harbor 401(k) Plans can eliminate a host of testing issues for traditional 401(k) Plans. If HCE contributions in your plan have resulted in corrective distributions in the past, you may consider a Safe Harbor plan in 2020. The deadline is quickly approaching, so be sure to contact us before December 1st to make 2020 plan changes.

Just How “Open” is that Open Architecture Recordkeeping Platform You’re Considering?

The concept of an “open architecture” recordkeeping platform has been trending in the financial industry lately and it’s not hard to see why. For many years, 401(k) providers offered bundled platforms with fixed investment options (consisting of proprietary investments) and provider fees paid through investments (via revenue sharing). Open architecture platforms offer features that increase investment flexibility and reduce conflict of interest. 

2019-07-19T10:13:58-05:00July 19th, 2019|Categories: 401k Resources|Tags: , , , , , |Comments Off on Just How “Open” is that Open Architecture Recordkeeping Platform You’re Considering?