Fourward Thinking: Your 401(k) Game Plan
By Nick Hemsted
High 401(k) fees are silent killers.
They drain long-term savings—and expose you to legal risk. Fee benchmarking isn’t optional—it’s your fiduciary duty. If you haven’t reviewed your fees in 18 months, it’s time.
Your plan needs more than a good investment lineup.
It needs governance, documentation, and clear responsibilities. If something goes wrong, process matters more than outcomes. Protect your plan—and yourself—with a structure that holds up.
Have you benchmarked your plan recently?
It’s not just best practice—it’s expected. Fees, performance, participation—all should be evaluated regularly. If you haven’t checked, your competitors probably have.
How’s your plan performing for your team—not just the market?
Look beyond investment returns. Are people participating? Are they saving enough? Engagement is the real success metric.
Planning doesn’t have to be about control.
It can be about freedom.
We work with people who want more intention - not more to-do lists.
Disclosures: This blog contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this blog will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Legacy Financial Group does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Past performance is no guarantee of future results.
Mutual funds are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing in Mutual Funds. The prospectus, which contains this and other information about the investment company, can be obtained directly from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.
