One of the most under considered aspects of 401(k) plans, especially smaller ones, is overall plan design. This can happen when a small plan chooses a very large 401(k) provider who provides more standardized plan designs due to their sheer size. These plans may work satisfactorily but it is possible that rethinking and customizing a smaller plan's design might better suit both the principals and the employees in the sponsoring company.

Target date funds and target risk funds are two common types of investments in 401(k) plans. Both contain pro's and con's for participants and plan sponsors.

We have often heard that it’s hard to know where to start when selecting a retirement plan - like a 401(k) or 403(b) - for your company. With over a decade in the retirement industry and 200 years of collective experience, we want to help guide you to make the best decision for your company.