How to Review Your 401(k): A Simple Guide for Business Owners & HR

In this episode of The Finance Things in Life, Matt and Anthony from The Pitti Group Wealth Management break down the often-overlooked process of reviewing your company’s 401(k) plan. As the new year begins, many business owners and HR professionals revisit different areas of their business, but the 401(k) is one area that’s frequently ignored or feels too overwhelming to tackle.
The brothers walk through what a 401(k) review actually looks like, debunk common myths about how time-consuming or complicated it is, and explain how an RFP (request for proposal) can help you evaluate your plan without committing to changes. They cover key considerations like provider comparisons, plan documents, employer match options, auto-enrollment, employee tools, and fiduciary responsibility.
Whether you discover opportunities for improvement or confirm that your plan is already in great shape, this episode shows why a 401(k) review can benefit both business owners and employees, and why it’s easier than you think.

Disclosures:
The Pitti Group Wealth Management, LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.
The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.
This information is general in nature and should not be considered tax advice. Investors should consult with a qualified tax consultant as to their particular situation.
No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.
All investments include a risk of loss that clients should be prepared to bear. The principal risks of The Pitti Group strategies are disclosed in the publicly available Form ADV Part 2A.