In this episode, hosts Josh Null and Will Steih discuss 401k plans from a business owner's perspective. They discuss if there is a best time of the year to offer a plan to your employees and how the Secure Act changed some of the filing deadlines starting with the 2020 plan year. They also discuss the benefits of having a 401k plan for attracting and retaining employees, especially in a tight labor market. Lastly, they remind existing plan sponsors that it's probably a good time to "benchmark" their plan to see if it is as competitive as possible, with the market offering lower fees and higher service than years past.
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