Your 1 minute case study on 401K Retirement Plans: Crash Testing a 401(k) Plan
In today’s 1-minute case study, we’re going to take a look at how we can “crash test” a retirement plan menu using the Portfolio Crash Test tool. Users of our 401kFiduciaryOptimizer will already have access to over 85k retirement plans across the country and can optimize their assets for lower cost alternatives, but using the...Read More
15 Weekly Stats: Week of October 1, 2018
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature weekly update with permission: Matt...Read More
Top 5 Larkspur-Rixtrema Blog Posts for September 2018
Here are the most popular blog posts for the month of September 2018 from the Larkspur-Rixtrema team. Be sure to catch up on this month’s top articles: 5. How to Become an Expert on 404c Safe Harbor For Your Plan Sponsor Clients. Under ERISA plan sponsors or advisors who exercise discretionary authority are fiduciaries with significant liability in...Read More
The importance of explaining 401k-related calculations to plan participants
It is often difficult to keep up in the modern fast paced world. Many people sign up for their company’s 401(k) plan and then do nothing, thinking that the plan will automatically take care of everything. But it will not fly on its own like some fire-and-forget missile. Plan participants need to take on an...Read More
5 Articles for your weekend reading list: September 29-30, 2018
Here are five suggested articles to read this weekend: 1. Why Partnering With an IRA Rollover Provider is Right for 401k Advisors – Year-end planning for business owners takes on many forms. For those that sponsor 401k plans, it should include a review of the company plan and preparing amendments accordingly. (401kspecialistmag.com) 2. DOL Set to Propose Rule on...Read More
Avoiding lawsuits through fiduciary best practices
Within the course of the past few years from time to time we would hear about a case where a university, a hospital or a firm would be taken to court to dispute the retirement benefits offered to participants by the establishment. However, when the DOL tried to change how participants should be treated by...Read More
Reasons Why 401k Participants are Dealing with Financial Stress
In a recent plan participant survey by OneAmerica, the results are clear that many participants are having financial stress, and not all of it has to do with saving for retirement. In fact, the survey shows that there is a direct correlation between the age of a participant and where their financial stress may lie....Read More
15 Weekly Stats: Week of September 24, 2018
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature weekly update with permission: Matt...Read More
What you need to know about the Crash Rating in Portfolio Crash Testing
Crash Rating is a number used to measure the risk of a portfolio. It is a representation of the loss a portfolio may incur during our worst stress-testing scenarios. Here are 5 things that you need to know about the Crash Rating in Portfolio Crash Testing: 1. A portfolio’s crash rating can rank from 1 to 100,...Read More
How to Become an Expert on 404c Safe Harbor For Your Plan Sponsor Clients
Do You Really Qualify For 404(c) Safe Harbor From Liability? Summary: Under ERISA plan sponsors or advisors who exercise discretionary authority are fiduciaries with significant liability in case of fiduciary duty violation. Section 404(c) provides safe harbor protection fiduciaries in case plan participants experience investment losses. How do you obtain that protection? We will focus on...Read More