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401K Providers: 2020 Top 10 Lists

Companies that offer employees a 401(k) plan have many choices when selecting service providers for defined contribution plans. The challenge for many businesses, especially those small- and medium-sized, is that day-to-day operations leaves little time to review, monitor, and optimize their retirement plan on a regular basis. The result is that many plan sponsors lack a comprehensive understanding of who the top 401k providers are. Because your plan assets change due to financial market conditions and retirement plan contributions, it's important for plan sponsors to understand the service provider landscape and ensure that their plan is with the best provider for their participants (employees.)

PLANSPONSOR magazine conducts an annual recordkeeping survey and in 2020 compiled self-reported data submitted by recordkeepers of defined contribution (DC) plans that represent more than $8.2 trillion in assets. It is estimated to account for 90% of the total DC market.

Here's their list of the 2020 top 401(k) providers and followed by my thoughts.

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Inspired Money Named On Forbes’ Top 10 Personal Finance Podcasts By Financial Advisors

Top 10 Personal Finance Podcasts By Financial Advisors

Asia Martin
Oct 22, 2019 @ 3:15 PM

Here are Forbe's picks for the best podcasts by financial advisors. The 10 are listed in alphabetical order, so no one podcast can claim to be the “best” according to Forbes—but all 10 are worth a listen, particularly if you fit into the target audience as described on our list.

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Inspired Money Host Named on Investopedia 100 Top Financial Advisors of 2019

Andrew Wang, a Managing Partner at Runnymede Capital Management and host of the Inspired Money podcast, was named one of the top advisors in the United States on the Investopedia 100 list of the most influential advisors for 2019. With more than 100,000 independent financial advisors in the U.S., the Investopedia 100 spotlights the country's most engaged, influential, and educational advisors.

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