RiXtrema's Plan of the Week email allows you to reserve plan sponsors for 6 months and keep those sponsors from being distributed to other users. It is one more way we try to keep marketing options open for all our users. Just click on
When it comes to bringing a needed change to a retirement plan, there will usually be a fair amount of push-back from the third-party administrator or a plan’s record-keeper or current plan fiduciaries.
Advisors using the 401kFiduciaryOptimizer quant analysis tool can analyze any 401(k) plan and
401kFiduciaryOptimizer has a hidden tool providing information on average advisory fee based on the plan assets and zip code of the plan the advisor is working on.
It’s called Fee Benchmark and it can be found at the very bottom of the Edit Plan section:
As a fiduciary to an ERISA plan a few years ago you could have been forgiven to think that you are not responsible for decisions that were made long before you arrived on the scene. But you would be wrong.
The Supreme Court ruling in Tibble
Here are ten hidden features from various Larkspur-Rixtrema tools for financial advisors:
1. "Edit Additional Fees". We can compare fund expenses in the 401kFiduciaryOptimizer, but how can we factor in the rest of the plan fees for a really true compensation? To do this, click on
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
Every 401k plan sponsor has a fiduciary obligation to plan participants. If employees accuse a plan sponsor/employer of not being able to act in the best interest of his employees, it can lead to litigation, money loss, and a damaged reputation.
Therefore, the DOL has released
For this week’s Larkspur-RiXtrema case study, we’re going to take a look at the Summary report of a random plan and we’ll try to optimize it in terms of performance, and cost-efficiency. As you already know the 401kFiduciaryOptimizer algorithm automatically provides you with cheaper but
Here are five suggested articles to read this weekend:
1. 401k Advisors Who Ignore Financial Wellness Risk Losing Business – 401k plan participants want help getting their finances in order, and plan sponsors have taken notice. Citing concerns over employees who are financially stressed and failing to
With Fidelity’s newest Plan Sponsor Attitudes survey released, we have a lot of great new data to take a look at when it comes to plan sponsors and their 401k plans. The biggest headline that 401kSpecialist noted is that Plan Sponsors’ biggest worry has shifted