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BrightScope: So what's happening with your 401(K)?

I recently had a chance to talk to Mike Alfred. Back in 2003, he became an independent registered investment advisor. But over time, he realized there was a big void -- that is, in terms of useful information on the 401(k) market.

Could this be a big opportunity? Well, he wanted to find out. So, he helped to start a new online web service for 401(k)s: BrightScope. In fact, the company recently raised $2 million in capital from Steelpoint Capital Partners.

Continue reading BrightScope: So what's happening with your 401(K)?

Check out your 401(k) in ten seconds

I've got bad news for the 30,000 participants in Dell's (NASDAQ: DELL) $1.6 billion 401(k) plan. They're going to have to work another ten years to earn up to $202,000 in lost retirement savings, compared to the participants in the top-rated plan in its peer group.

Dell's plan isn't all that bad. It's about average.

It took me ten seconds to get this information. How did I do it?

Continue reading Check out your 401(k) in ten seconds

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Last updated: November 27, 2009: 02:00 PM

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