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.

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…

Don’t Settle For an Average Retirement Plan

Let me tell you a story about a recent meeting I had with a prospective client. I was asking them questions about their current retirement plan—what they liked and didn’t like, etc. They told me there were no issues and that they thought their plan was average compared to other plans. When they said “average,” Read More…

Your Role as a Fiduciary and Your Responsibility as an Employer

If you’re sponsoring a 401(k) plan, you have a duty of loyalty and a duty of prudence to your participants and their beneficiaries. What does that mean? You must have a repeatable process and the selection and monitoring of your plan’s investment options. This means you need to hire and fire investment managers if they’re Read More…

What Is a Cash Balance Plan?

Today we’re excited to share one of our favorite retirement plan solutions: a cash balance plan. A cash balance plan is a different type of retirement plan, and it may be an option for you to add onto your existing 401(k). Many of our clients have recently been bringing up the changes to our nation’s Read More…

The Power of Stretching the Match Formula

Welcome back to our series on our book, “The Quintessential 401(k).” Today we’re going to discuss a cool plan design concept that will incentivize your employees to save more. So what is the best way to design a retirement plan so that employees have enough money to retire? One of the ways we help our Read More…

What Is the 10-1-NOW Rule?

Welcome back to our ongoing series dedicated to you, the retirement plan sponsor, and your employees. Today we’re going to continue to focus on automatic features and discuss an option that can supercharge your employees’ savings over time. In the last two videos, we talked about automatic enrollment and automatic QDIA. Let’s assume these features Read More…

How Auto-QDIA Helps Employees With Investment Decisions

We’re going to continue the conversation on automatic features by discussing automatic QDIA, or qualified default investment alternative, and how it can help your employees with their investment decisions while providing you protection as the plan sponsor fiduciary. Before we get started, if you are interested in learning about our process to structure a successful Read More…