Eric Droblyen401(k) Distributions — FAQs for Employers401(k) plans are subject to strict participant distribution rules. These rules are intended to dissuade plan participants from cashing out…Jun 8, 2022Jun 8, 2022
Eric Droblyen401(k) Plan Design Study: Safe Harbor and Roth Adoption Is UpSmall business owners can have dramatically different goals for their 401(k) plan. While some want to maximize key employee contributions…May 25, 2022May 25, 2022
Eric DroblyenGood Luck Escaping a Pooled Employer 401(k) Plan (PEP)While 401(k) plans must be established with the intention of continuing indefinitely, the IRS does allow employers to terminate their plan…May 11, 2022May 11, 2022
Eric DroblyenSECURE Act 2.0 — Not the 401(k) Reform Americans DeserveOn March 29, 2022, the U.S. House of Representatives passed the Securing a Strong Retirement Act — better known as SECURE Act 2.0 because…Apr 27, 2022Apr 27, 2022
Eric DroblyenDon’t Be Fooled by These 401(k) Conflicts of Interest!401(k) conflicts of interest misalign the interests of employers and 401(k) providers. While employers have a fiduciary responsibility to…Apr 13, 2022Apr 13, 2022
Eric DroblyenThe Ultimate Guide to Safe Harbor 401(k) PlansSafe harbor 401(k) plans are popular with small businesses that struggle to pass IRS-mandated nondiscrimination testing. Our guide answers…Mar 30, 2022Mar 30, 2022
Eric DroblyenFive Reasons Why Hidden 401(k) Fees Should be IllegalHidden 401(k) fees should be illegal. They can make it almost impossible for employers to protect the interests of plan participants.Mar 16, 2022Mar 16, 2022
Eric Droblyen401(k) Fiduciary Takeaways from a Jerry Schlichter InterviewRecently, I listened to an insightful interview of Jerry Schlichter by Rick Unser of the 401(k) Fridays Podcast. In 2006, Jerry was the…Mar 2, 2022Mar 2, 2022
Eric DroblyenPooled Employer 401(k) Plans (PEPs): Myth vs. RealityIn 2019, the SECURE Act created Pooled Employer Plans (PEPs) — a form of “open” Multiple-Employer Plan that pools the 401(k) assets of…Feb 16, 2022Feb 16, 2022
Eric DroblyenHughes v Northwestern: What is a “Prudent” 401(k) Investment?Last week, the Supreme Court of the United States (SCOTUS) issued their highly-anticipated Hughes v. Northwestern University decision. In a…Feb 2, 2022Feb 2, 2022
