Retirement plans such as 401(k) plans have costs associated to run and maintain, but are you getting everything you need? The old saying, “You get what you pay for” applies when paying for your services. The Plan Sponsor and committee have a responsibility to understand what these fees are and to benchmark them periodically. Sounds […]
What most people don’t realize is that small businesses are the backbone of the economy. Amazon didn’t grow to a $130 billion company overnight. Each and every business starts small. Small businesses take risks and invest their time, capital, love, sweat, and maybe a tear or two into their company. Small businesses have a passion […]
As the U.S. economy continues to improve, so does the demand for labor. According to the Bureau of Labor Statistics, the current unemployment rate has edged down to 4.1 percent. Many economists maintain that demographic trends will continue to contribute to a greater shortage of qualified labor. Small business owners will be hit hardest by this trend, making it more important than ever to put effort into attracting and retaining qualified employees.