I\u2019ve been long in this business to remember no participant websites, so I\u2019m amazed by technological breakthroughs. Artificial Intelligence (AI) tools<\/p>\n
BenchMine is billed as the first-ever AI 401(k) comparative analysis tool that\u2019s free and open to the public.<\/p>\n
Plan advisors can now search through more than 56,000 plans with at least $1 million in total assets nationwide to see how particular company 401(k) plans stack up in their area, against a competitor, or within a specific industry. The tool will allow them to show plan sponsors where the plan excels and\/or falls short in terms of average fees, contributions, and performance. The tool draws on Department of Labor 401(k) data from companies that filed a Form 5500 Schedule H for 2021.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" I\u2019ve been long in this business to remember no participant websites, so I\u2019m amazed by technological breakthroughs. Artificial Intelligence (AI) tools BenchMine is billed as the first-ever AI 401(k) comparative analysis tool that\u2019s free and open to the public. Plan … Continue reading