About The Book

Are you a retirement plan fiduciary but unsure of what’s required of you? Does it scare you to be held personally liable for bad decisions? Do you have a sneaking suspicion that your plan is paying too much in fees but you’re not sure how to find out? Are you worried that your employees won’t be able to retire successfully?  Are you a plan participant who wants to know whether your employer is doing their job protecting your retirement benefits, whether you have a good plan or a bad one and what to do about it?

If the answer to any of these questions is “Yes,” this book is for you. Fixing the 401(k) will help you understand, among other things:

  • Your basic fiduciary responsibilities outlined under ERISA
  • The roles, responsibilities, motivations, and conflicts of the various people/companies involved in selling and servicing retirement plans
  • Which questions to ask and what information to gather in order to uncover and reduce the various fees and expenses associated with your retirement plan
  • How to design your retirement plan to deliver successful outcomes for your participants
  • How to help employees use the retirement plan most effectively

In Fixing the 401(k), you will find controversial and often surprising answers--and solutions--from an experienced fiduciary who has been in the trenches of the retirement plan industry, as both a participant advocate and a proponent for change.

If you’re ready to learn how to help your employees achieve a secure retirement with meaningful benefits – then you must get a copy of Fixing the 401(k) today!

What People Are Saying

"Written for 401(k) fiduciaries, the basic nature of the book is both refreshing but worrisome. Far from being pedantic, Mr. Itzoe includes several chapters with concrete advice for improving 401(k) fiduciary practices. At $13 and change, I recommend this primer. Kudos to Mr. Itzoe...for putting forth a solid book on an important topic."

-- Dr. Susan Mangiero, AIFA, AVA, CFA, FRM , President and CEO, Pension Governance, LLC and author of www.pensionriskmatters.com. Read more of her review, here.

“Josh Itzoe has a remarkable capacity for seeing through the maze of regulations surrounding qualified plans to the handful of core ideals by which successful plans must operate. This is a great, understandable guide for plan sponsors.”

-- Pete Swisher, CFP®, CPC, Vice President and Senior Institutional Consultant, Unified Trust Company, N.A. and author of 401(k) Fiduciary Governance: An Advisor’s Guide

5.0 out of 5 stars

"Excellent coverage of a critical topic"

"Josh has been able to write a very "readable" book on a complex and difficult topic. Our nation faces a major retirement savings crisis. This book outlines how fiduciaries, including plan sponsors and quality advisors, can make make prudent decisions that will help fix this problem. This book is a must read for anyone involved in helping retirement plan participants achieve investing and saving success. The time has come for fiduciaries to thoroughly understand and prudently manage their responsibilities. Ignorance should no longer be excuse now that a resource like Josh's book is available to anyone. I would encourage every plan fiduciary to buy this book and refer to it when making their retirement plan decisions."

-- C. Todd Lacey

5.0 out of 5 stars

"A Valuable Resource for Financial Advisors"

"Josh Itzoe has done a great favor to plan fiduciaries and financial advisors across the country. He has succeeded in simplifying a very complex subject, providing a much-needed resource to the financial services community. This book is not only valuable to plan fiduciaries; it is a very helpful tool for all financial advisors who provide investment services in the 401(k) arena. I've ordered copies for every financial advisor on my team.

It is clear that Josh Itzoe is committed, not only to excellence in his personal RIA practice, but also in helping other advisors achieve this same level of excellence. Thanks, Josh, for making us all better at what we do!"

-- J. Wise

5.0 out of 5 stars

"Highly Readable and Insightful"

"Joshua Itzoe's Fixing the 401(k) covers numerous important topics and should help 401(k) plan fiduciaries better appreciate the scope and nature of their responsibilities. Mr. Itzoe also offers candid opinions based on his expertise as a principal of a registered investment advisory firm. At the end of each of the first 11 chapters of the book, Mr. Itzoe supplies practical questions that focus on fiduciary responsibility and fee disclosure. Whether you agree or disagree with Mr. Itzoe's conclusions, every one of his questions is worth asking. The final chapter nicely ties together the concepts of the book with a case study that could easily be a real-life example."

-- J. Garofolo

4.0 out of 5 stars

"Great information for the RIA looking to get into the 401K market"

"The ERISA legal language isn't the quickest read and Josh does a great job of breaking out the concepts into easily understood segments. The book offers a great overview of the players involved in the 401K, the fees charged, and most importantly ways to lower the fees passed through to participants. I read this book and quickly applied the concepts to some prospective 401K client presentations that were received well. Anyone looking to identify the major flaws and issues affecting 401K participants should read this book. The timing of this book's issuance couldn't be better!!"

-- Truth B Told

5.0 out of 5 stars

"Great book for those trying to understand all the moving parts in a 401k plan" 

"Josh has tackled a very complex subject and explained all the parts extremely well. The subjects of finance and legal responsibilities can be very difficult for anyone to understand. If you are in the financial services field this is a must read. If you are a plan fiduciary this book will make you understand all that is required of you in a very quick read.  Two hours is a small effort to make sure you protect yourself from all legal responsibilities you have. Great job Josh."

--Roland Greco

4.0 out of 5 stars

For Those Who Really Care About Their People!

"My Congratulations - you are now a fiduciary of a corporation that has a 401k and/or an EESOP program.

- and -

My Condolences - you are now a fiduciary of a corporation that has a 401k and/or an EESOP program.

As a fiduciary - I had no idea initially of what I had gotten myself into and I have to tell you thet Josh's book put things into perspective by sorting through and bringing real clarity to the various aspects/issues of a 401K as they are constructed and managed today in a straightforward way that did not require one to be a CFO !

A must read for anyone that has any remote exposure to a 401K - including your own !"

-- T. J. Barczak

5.0 out of 5 stars

Fixing the 401k

"This should be read by every business owner that offers a 401k. It clearly explains why and how the average 401k is broken. Josh does a detailed analysis of the 401k and explains the appropriate steps to take in order to fix. Excellent read!!!"

--Mark R. Folgmann

5.0 out of 5 stars


"This is a great book for anyone that wants to better understand the 401(K). It is well written, easy to understand and serves as a true resource guide. I would highly recommend this book to anyone that is involved in managing a 401(K) plan and wanting to ensure that it is done correctly! The author, Josh Itzoe, brings clarity to the confusing world of 401(K) plans."

-- Kelly A. Mitchell

5.0 out of 5 stars

Excellent book

"Well written, concise and to the point, a must read for anyone who wants to know all the costs associated with running a 401(k) and for those who want to do it right. If you are an RIA or an independent fiduciary wanting to do what is right for today's 401(k) participants, read this book. Also extremely helpful for Plan Sponsors who have personal liability to ensure their 401(k) is being run correctly."

--Aiden P. Hannan