The Quintes Blog

Your employees deserve every opportunity to reach their goal of an ideal retirement – and the Quintes blog is part of our goal to inform both employers and employees of the options and choices available to make confident financial decisions for the future.

Hard and Soft Dollar Expenses

What are hard-dollar and soft-dollar expenses, and how do they impact your retirement plan? Allow us to explain. Hard-dollar expenses typically include the expense of services such as plan design, plan design administration, and compliance. These hard-dollar fees are usually paid to a third-party administrator (TPA) or a bundle provider, who performs both the record-keeping Read More…

Avoiding 401(k) Litigation and Penalties for ERISA Violations

  Failing to manage your company’s 401k plans in an effective and forward-thinking way could potentially result in 401k litigation that could cost you time and money. Your business has a fiduciary duty to your employees to manage their funds in a proactive and practical manner. Here are some points to keep in mind when Read More…

Know How Your 401k Providers Get Paid

  In the last few weeks, we’ve brought on multiple new clients with existing 401(k)s. The main reason the committees told us that clients were moving to us was that we were able to educate them on how their employees were paying fees. On page 67 of our book, you can see a picture of Read More…

Is Your Retirement Plan Leaking Money?

What do we mean when we say your retirement plan could be leaking? Well, there are features and costs to your plan that are reducing the account balances and benefits for your employees. Here are the three that we see most often: 1. Hardship distributions. A hardship distribution is a plan provision that allows an Read More…

Free Plan Review

We’re excited to talk about our free plan review offer today. This is a process where we examine the cost, services, and performance of your current retirement plan and do a live benchmarking to prepare it for other providers. What does benchmarking a retirement plan really entail? There are three main areas: cost, services, and Read More…

The Benefits of Automatically Rebalancing Your Portfolio

Today we are going to focus on your employees. Specifically, we will discuss how they can improve their investment outcomes. One of the things your employees can do is automatic rebalancing. This is a process to reallocate your assets within a portfolio to stay in line with predetermined percentages. Rebalancing makes sure that there is Read More…

Understanding Volatility in Your 401(k) to Avoid Excessive Risk

Today we are continuing our series on how to structure a successful 401(k) plan for you and your employees. Specifically, we are talking about risk reduction and what it means to re-balance your 401(k) account so you can keep your portfolio in line with a predetermined growth strategy. To understand how to avoid risk, you Read More…

What Do Rodeos and Retirement Plans Have in Common?

Today we are on-site at the California Rodeo Salinas, home of the biggest rodeo in California.  It was known as a “Wild West Show” back in 1911 when it began. So what does the Rodeo and Retirement Plans have in common? On June 21, the Fifth Circuit Court of Appeals issued its mandate vacating the Read More…