Ideal Plan Archives - 401k Plan Optimization, Compliance, Investment & Partners

401(k) Plans Becoming More Accessible to Small Businesses

By Fred Barstein / 401k News, auto enroll, auto escalate, Auto Portability, DC Plan Sponsors, Documents & testing, DOL, Employee Benefits, Fiduciary, Financial Security, financial wellness, Ideal Plan, Improving Outcomes, SECURE 2.0, Secure Act Changes, Senior Management Engagement, small business

The retirement industry continues to evolve, creating additional opportunities for employers, especially small businesses, to help American workers create financial security for the future. Two...

Embrace Flexibility in Your Retirement Committee Selection

By Fred Barstein / benefit education, benefits committee, Committees, Communication, Compensation, Creative approach, DC Plan Sponsors, diversity, Diversity equity inclusion, Employee engagement, Employee training, Fiduciary, Financial Wellness, HR, Ideal Plan, Improving Outcomes, Retirement Plan Committee

Fred Barstein with Adjunct Lecturer, Rick Unser – Financial Advisor, Creative Planning When forming a retirement committee, embracing creative thinking can yield substantial benefits. A...

Designing an Ideal Investment Menu for Defined Contribution Plans

By Fred Barstein / 401k News, auto enroll, DC plans, Digital Design, Diversity equity inclusion, ESG, Fiduciary, Ideal Plan, Investment Managers, Investments, Plan design, Target Date Fund

In the realm of defined contribution plans, it’s essential not to underestimate the significance of crafting a well-balanced investment menu. This involves considering a multitude...

Empowering Retirement Security: Form 5500 Reforms

By Fred Barstein / 401k audit, 401k News, DC plans, Fiduciary, form 5500, Ideal Plan, Plan design, Plan Participation, Retirement plan management, retirement security, small plans

Empowering Retirement Security: Form 5500 Reforms The government’s encouragement for small businesses to offer retirement plans stems from a commitment to economic security and...

Retirement Plan Provider Considerations for Employers

By Fred Barstein / 401k News, benefit education, Communication, DC plans, Fiduciary, Financial Wellness, Ideal Plan, Plan design, Retirement Plan Fiduciary, Retirement plan provider

Choosing the right retirement plan provider is a crucial decision for employers who want to offer their employees a secure and attractive retirement benefit. In...

Resilient Retirement Plans Help Pave the Way to Future Financial Security

By Fred Barstein / 401k News, Confidence, debt relief, Emergency Savings, Fiduciary, financial literacy, Financial Security, financial stress management, Financial Wellness, Ideal Plan, inflation concerns, Legislation, Plan design, Recruiting and Retaining Talent

Amid a backdrop of rampant market volatility, soaring inflation, recessionary fears, and an increasingly aging population, Americans are worried about retirement security. A recent BlackRock...

Post-Pandemic Employee Retention: Rethinking Retirement Plans

By Fred Barstein / 401k News, benefits committee, employer match, Fiduciary, Ideal Plan, participation, Plan design, Plan Optimization, Plan Participation, Recruiting and Retaining Talent, Retirement Committee

Post-Pandemic Employee Retention: Rethinking Retirement Plans For employers facing challenges in recruiting and retaining employees, it could be an opportune moment to consider and...

Reviewing Retirement Plans May Help Increase New Hires

By Fred Barstein / 401k News, Employee Benefits, Employer Contribution, employer match, Fiduciary, Financial Advice, financial wellness, hiring, Ideal Plan, Improving Outcomes, Plan design, Recruiting and Retaining Talent, SECURE 2.0, Student Loan Debt

Reviewing Retirement Plans May Help Increase New Hires As the year progresses, it is a good idea for employers to review their 401(k) plans and...

Employees Empowered Through Profit Sharing Plan

By Steff Chalk / benefit education, benefits committee, Employer Contribution, employer match, Fiduciary, Ideal Plan, Multiple Employer Plans, Profit Sharing Plan

Employees Empowered Through Profit Sharing Plan Tailoring employee benefits to suit individual needs is a key aspect of creating a motivated and engaged workforce,...

Employee Retention Advantageous for Smaller Companies

By Steff Chalk / 401k News, Employee Benefits, employer match, Fiduciary, Financial Advisors, Financial Wellness, Ideal Plan, participation, Plan design, Retirement Plan Participation, retirement security

Employee Retention Advantageous for Smaller Companies It is advantageous for smaller companies to make employee retention a top priority. There are many benefits to...