Stephen Butler (Born April 27, 1944) is the President and cofounder of Pension Dynamics Corporation. He is known for the Butler Index and is the author of two books on 401(k) plans.
Early life and education
Butler earned his undergraduate degree from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
and attended
Haas School of Business
The Walter A. Haas School of Business, also known as Berkeley Haas, is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public university ...
.
Career
Butler founded Pension Dynamics Corporation in 1978.
In 1995 Butler published his first book, ''The Decision-Maker's Guide to 401(k) Plans'', which led to his testimony at the 1998
US Department of Labor
The United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government. It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemploy ...
hearings regarding hidden fees in
401(k) plans. In addition to Butler's statement before the
US Department of Labor
The United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government. It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemploy ...
, the hearing cited his book and a survey he conducted.
In 2007 Butler testified before the
US House of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they c ...
Committee on Education and Labor regarding hidden 401(k) fees.
Butler is also a weekly columnist in several Bay Area newspapers, including ''The Mercury News''.
Personal life
Butler and his wife reside in
Lafayette, California
Lafayette (formerly La Fayette) is a city in Contra Costa County, California, United States. As of 2020, the city's population was 25,391. It was named after the Marquis de Lafayette, a French military officer of the American Revolutionary War. ...
with their two dogs. He is an avid jazz musician and plays the acoustic bass violin.
Books
*''The Decision-Maker's Guide to 401(k) Plans: How to Set Up Cost-Effective Plans in Companies of All Sizes'' (Berrett-Koehler, 1995),
*''401(K) Today: Designing, Maintaining, & Maximizing Your Company's Plan'' (Berrett-Koehler, 1999),
References
{{DEFAULTSORT:Butler, Stephen
American business writers
Living people
People from Lafayette, California
Haas School of Business alumni
Businesspeople from the San Francisco Bay Area
1944 births
Harvard University alumni
The Mercury News people