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Blog Resources

  • Access Alternative Investments in Your 401(k) Plan

    Access Alternative Investments in Your 401(k) Plan

    Extensive public discourse has centered around the diminishing efficacy of the traditional 60/40 portfolio, comprising equities and fixed income.  The modern 60/40 portfolio swaps underperforming fixed income assets for alternative investments, such as private real estate, equity, debt, and credit.  These alternative assets typically exhibit minimal correlation to the stock market while being less volatile.…

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  • State-Mandated Retirement Programs (Updated 2-28-2024)

    State-Mandated Retirement Programs (Updated 2-28-2024)

    To bridge the retirement gap, several states have enacted state-mandated retirement savings programs by either requiring businesses to provide an employer-sponsored qualified retirement plan or enroll their employees in a state-sponsored retirement program.  Businesses that fail to comply will face penalties.  Requirements and penalties vary by the state.  Below is a list of states with…

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  • Common Misconceptions About Profit Sharing

    Common Misconceptions About Profit Sharing

    There are common misunderstandings surrounding Profit Sharing contributions. Here, we aim to clarify some of the most prevalent ones. Mandatory Annually… Profit Sharing is discretionary. Plan Sponsors can opt to skip certain years if the business isn’t profitable. They can also vary the amounts from year to year, maximizing contributions one year and reducing them…

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  • Reinforcing Our Fiduciary Processes With The CEFEX Certification

    Reinforcing Our Fiduciary Processes With The CEFEX Certification

    FPL Capital Management, LLC (FPLCM) was founded on the principles of integrity, professionalism, and exceptional client service.  We are also deeply committed to continuous improvement.  Our dedication to doing what is best for you, our clients, prompted us to engage CEFEX, the Centre for Fiduciary Excellence, LLC to audit our processes. In April of 2022,…

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  • SIMPLE IRA Plan vs. 401(k) Plan

    SIMPLE IRA Plan vs. 401(k) Plan

    Employers often ask which plan is better.  While there is no true right or wrong answer, one could make a strong case for a 401(k) plan.  Most employers gravitate towards the SIMPLE IRA plan due to its simplicity with minimal administrative responsibilities and low expenses.  However, if the employer is willing to make the extra…

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  • How Much Is Your 401(k) Account Costing You?

    How Much Is Your 401(k) Account Costing You?

    While an employer-sponsored retirement plan provides you a valuable benefit, not all retirement plans may be beneficial to you.  According to Deloitte’s 2019 Define Contribution Plan Survey, about 57% of retirement plans have plan fees deducted directly from the participant account either on a pro-rata or flat-dollar amount basis.  This means less money is working…

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  • Why It Does Not Make Sense to Pay 401(k) Plan Fees from Plan Assets

    Why It Does Not Make Sense to Pay 401(k) Plan Fees from Plan Assets

    While it is convenient, it is not beneficial to pay 401(k) plan fees from plan assets.  When plan fees are deducted from plan assets, they are usually done on a pro rata basis – plan participants with the highest account balances pay the highest fees.  This could greatly affect your overall investment return over a…

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  • Up to $16,500 in Tax Credits for Small Business Retirement Plans

    Up to $16,500 in Tax Credits for Small Business Retirement Plans

    Up to $16,500 in Tax Credits for Small Business Retirement Plans Passed in 2020, SECURE Act has been one of the most comprehensive updates to retirement plans in more than a decade, and one of the major benefits is the Small Business Tax Credits component of the act. Companies with up to 100 employees can…

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