How 401(k) Plan Sponsors Can Improve Their Plan At Little Cost

There are many ways that a retirement plan sponsor can improve their 401(k) plan, but they usually balk when it comes to the time and the money needed to rectify it. With so many issues regarding their business especially the increases in the cost of that other important employee benefit (health insurance), plan sponsors just don’t have the patience to improve their 401(k) plan even in their duty as a plan fiduciary and the responsibility that comes with it. So this article is about how plan sponsors can simply improve their plan on a shoestring, which means low cost and not a lot of work on the part of the 401(k) plan sponsor.