Buck Hartzell

And then I think you kind of double click and you start to look down at what are the actual investment choices that we have within the plan?

And my number one choice is like I look at fees, right?

There's a high correlation with low fees and good performance within your investments.

So I kind of look around and go, what do we have for fee?

Like, what is the average fund costing us?

What's their performance been?

Do we have passive options like index funds and ETFs and those kind of things?

Are they in there?

Generally, higher fees are bad.

They're a red flag to me.

And there's another thing that I mentioned earlier is like if your plan sponsor, if most of the funds that you have within your plan come from that sponsor, kind of makes me feel like somebody's handpicking those maybe in their own interest.

It's rare that one company will have all of the best options available.

across all the categories that you need to have represented within a 401k.

So small caps, large caps, international bonds, that kind of thing.

So it's rare.

If you start to see a whole lot from that sponsor, I would get a little bit concerned.

So that's some of the things that we look for.

The other thing that I'll mention as well is there are, if you can look up Form 11k, so if there's companies that you respect,

and like and think, hey, I've heard a lot of people stay there a long time.

Their business has done really well over a long time.