Stop Overpaying for Your Firm’s 401(k): What No One Tells Law Firm Owners – with Paul Sippil
Think your firm’s 401(k) plan is “set it and forget it”? Think again. The retirement plan you’ve set up for your employees could be quietly draining thousands of dollars—hurting your staff’s long-term savings and eating into your firm’s profits.
In this episode of the Profit with Law Podcast, host Moshe Amsel sits down with 401(k) forensic consultant Paul Sippil to reveal the hidden costs, bad assumptions, and missed opportunities that most small firm owners don’t even realize exist.
Even if your employees aren’t complaining, you could be overpaying for fees, letting participants absorb unfair costs, and missing easy ways to make your plan more attractive and affordable.
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What you’ll take away:
- Understand the lingo and workings of a 401(k)
- How to identify excessive 401(k) fees—and cut them fast
- Why ignoring participant fees can backfire on you as a business owner
- The simplest way to see what your firm is really paying (without a finance background)
- When you need an advi...
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
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