Delegate your Minnesota company 401(k) management decisions

The hard truth is that individual Minnesota company 401(k) retirement plan participants really don’t want to make investment management decisions.

The reasons vary from person to person. Here is a brief list of the most common problems facing individual company 401(k) retirement plan participants.

No Time to watch retirement plan investments.

No Access to investment management tools that help identify areas of stock market underperformance and outperformance. WHAT TO BUY

No Game Plan to preserve retirement plan principal in the early stages of a stock market decline. WHEN TO SELL

No Relationship with an independent financial advisor who takes fiduciary responsibility for retirement plan investment performance and investment advice.

Individual investors can choose a third-party investment advisor who offers a fiduciary level of company 401(k) retirement plan account investment advice. This advisor takes on the responsibility for the investment performance and preservation of company 401(k) retirement plan principal.

A company 401(k) retirement plan investment advisor ranks your default menu of mutual fund options by investment performance and annual cost. These rankings will clearly show the optimal combination of best-performing and lowest cost mutual funds available on your company 401(k) retirement plan menu.

Ric Lager

Lager & Company, Inc.