San Diego based startup BrightScope just launched a tool that allows to compare 401K plans offered by different companies. Type in the employer name and you will get a visual analysis based on 6 factors: Total Plan Cost, Company Generosity, Investment Menu Quality, Participation Rate, Salary Deferrals and Account Balances. Here is how my former employer was graded for example:
Continue reading ‘Is your 401K any good? Find out with BrightScope’
