do-it-yourself 401k plans for small businessesDo-it-yourself 401k plans for small businesses and 401k software for small 401k plans used by small businesses. The following topics addressed:
|
do-it-yourself 401k plans for small businessesDo-it-yourself 401k plans for small businesses and 401k software for small 401k plans used by small businesses. The following topics addressed:
|
| Mutual fund 401(k) plans have been aggressively promoted to the small business communities both by no-load fund companies (e.g., Fidelity Funds, Vanguard Funds) and load fund companies (e.g., MFS, John Hancock, Putnam). recent new articles, however, have reported a trend among many of these plan vendors to abandon the very small plans because the costs of providing 401(k) services for such plans versus the revenue generated from them has proved to be a losing proposition. For economic reasons, the sales target for mutual fund bundled plans has been raised, and now companies with fewer than 100 employees are not being actively solicited by most of these vendors. |
|
| for more information |
| © copyright do-it-yourself 401k |
information/comments: comments@do-it-yourself401k.com
|
090108 |
