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Suggestions for a GREAT 401(k)company? Administration and fund select


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Guest Jennifer M.
Posted

Our 401(k) plan is currently with Mainstay/New York Life with administration by Trustar. I really need to move our plan elsewhere. New funds and a new administrator. I want something with various namebrand selections (Vanguard, Putnam, etc.) without breakig the bank. Does anyone have any suggestions? Any great companies out there?

Posted

Without attempting to sound self-serving, I suggest you should hire a good consultant to help with the vendor search. This is a decision you need to make properly, and it's virtually impossible to just throw out names of plan vendors without knowing more about your company, your plan and your objectives.

You may be interested in an article I wrote on the topic. This is a link to a PDF version of the article.

http://www.advisorsquare.com/advisors/schu...ns/82713132.pdf

Good luck with your search. I hope this helps.

Jon C. Chambers

Schultz Collins Lawson Chambers, Inc.

Investment Consultants

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