The Plan Sponsor Council of America (PSCA) released its 60th Annual Survey of Profit Sharing and 401(k) Plans this week. The good news is that participation rates in retirement plans, including defined contribution profit sharing and 401(k) plans, rose steadily. This means that more employees are taking advantage of their employer sponsored retirement benefits. Plan sponsors also continue to employ plan features like automatic enrollment, auto-escalation, and Roth 401(k)s to assist employees to grow their retirement savings.
IM 025: Increasing Sales by Answering Customers’ Questions | Marcus Sheridan
Inbound marketing saved Marcus Sheridan's business, his family's finances, and brought him to the place where he is today — a successful business owner, keynote speaker, and author. We dig into the mindset it takes to be successful in marketing/sales and more.
IM 004: Helping Entrepreneurs and Minority Owned Businesses | Terrence Clark
Terrence Clark heads the New York & New Jersey Minority Supplier Development Council, one of the 23 councils within the National Minority Supplier Development Council network. The Council brings together more than 900 certified minority owned businesses and more than 120 corporate members for new business opportunities. He has dedicated his 30 year career to helping entrepreneurs, minority owned businesses, and small business enterprises to grow and prosper.
401(k) Tune Up: How to Lower Your Fund Fees
Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I continue my series of articles on how to tune up your retirement plan. The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans. It is our hope to help employers optimize and better manage their retirement plan. In doing so, we seek to help employees achieve their goal of successfully preparing themselves for retirement.
This week, I want to help you to decipher mutual fund share classes. By far the largest component of 401(k) plan fees and expenses are those associated with managing plan investments. Moving to less expensive funds is an action item that can save money fast and have a huge impact over time.
Benchmark Your 401(k) Plan
Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I will be writing a series of articles on how to tune up your retirement plan. The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans. It is our hope to help employers optimize and better manage their retirement plan. In doing so, we seek to help employees achieve their goal of successfully preparing themselves for retirement.