The Motley Fool Discussion Boards
Financial Planning / Foolish 401(k)s
|Subject: Re: Better 401K Administration||Date: 3/4/2013 10:45 AM|
|Author: Hawkwin||Number: 25021 of 25214|
Go here and research your company:
Look for other companies your size and perhaps even in your industry and find out which ones they use and which ones are ranked the highest.
For example, I did a search on Stake and Shake (a medium sized company with their HQ nearby). Their 401k has a lousy rating of 38 out of 100.
OSI is the highest rated in their peer group, though still not very high rated.
So, because I can't find one highly rated, I will simply search the entire directory (small link on top right near search field). A9.com has a great plan with only 15 mil in assets and 410 employees. Their plan is ranked 82 out of 100. Note, their ranking is this high primarily due to the amount of salary deferral allowed, and not because of the plan itself. Your employer determines the allowed deferral amount.
Tool around that site and bit and you might find some help. Good luck.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|