401(k) Plans Are Changing Fast: PEPs, Hidden Fees, and Smarter Default Investing скачать в хорошем качестве

401(k) Plans Are Changing Fast: PEPs, Hidden Fees, and Smarter Default Investing

EP21 Enlightened Wealth Strategies with James and Jim James and Jim welcome special guest John Edwards of Allaris to break down what recordkeeping actually does inside a 401(k), why “open architecture” matters, and how newer plan structures like PEPs and MEPs are reshaping retirement plans for small and mid-sized businesses. They also dig into fee transparency (and why it still feels confusing), Secure Act-driven participation changes, innovations in target-date and managed account defaults, and where the industry may be heading with alternative investments plus a clear primer on ESOPs and cash balance plans. For smart investment help: https://www.chaslynfinancialgroup.com https://www.enlightenedwealthstrategi... At Chaslyn Financial Group, we help investors maximize growth, manage wealth safely, and plan for the future. Contact us through our website for a quick consultation to see if we’re the right fit for you. Key Discussion Points: Time Stamps: 0:00 Podcast intro and welcome back 1:23 Introducing guest John Edwards (Allaris) 2:37 John’s background and path into retirement plan recordkeeping 4:22 What “recordkeeping” is and what it covers inside a 401(k) 5:06 The key components of a retirement plan and what bundled vs. unbundled means 6:34 What makes Allaris different: bank-owned, open architecture, no proprietary funds 8:05 Secure Act 2.0, PEPs vs. MEPs, and why these structures expanded 10:07 Retirement plan mandates and why small employers are being pushed to offer plans 11:18 Why PEPs can reduce fiduciary and admin burden for small businesses 15:11 Hidden fees, revenue sharing, and how fee disclosures actually work (408b2 / 404a5) 22:25 Fees vs. value: why higher fees can be justified if services are documented 26:11 Payroll integration, 5500 reporting, and common operational pitfalls 29:16 Auto-enrollment, auto-escalation, QDIA defaults, and participant inertia 31:56 Target-date innovation, managed accounts, and personalized glide paths 35:39 Alternatives and private placements in retirement plans: risks and suitability concerns 43:46 What participants actually do with allocations (target date / S&P 500 / money market) 46:21 Multi-manager and synthetic target-date approaches 48:03 How the sales and setup process differs for a 10-person startup vs. a 500-person plan 50:15 ESOPs explained and when they make sense 52:37 Cash balance plans and cross-testing with 401(k)s 54:11 Allaris background, history, and retirement plan capabilities 55:28 Closing remarks 🎧 Listen on Spotify: https://open.spotify.com/show/2A0qhM0... 📧 Contact us: Jim Lombardo — jim@chaslynfinancialgroup.com James DiGesu — james.digesu@belpiontewealth.com #401k #retirementplanning #secureact20 #pep #mep #recordkeeping #fees #financialplanning #targetdatefunds #managedaccounts #esop #smallbusiness #wealthmanagement #enlightenedwealthstrategies #chaslynfinancialgroup