If, like many people, you have not checked the details of your 401(k) in a while, reviewing your account once or twice a year can lead to better results.

— Salad bar approach. Adjusting the allocation of holdings in your 401(k) is important to maintaining your account. If stocks generally outperform bonds over a set time, for instance, your investment allocation will drift toward an overweight in stocks, opening the door to losses if a selloff or bear market hits stocks.

— Undefined risk tolerance. Your personal risk tolerance looms large when determining your investments’ allocation. If you ignore this factor, you may take on too much risk or not enough, directly affecting your overall returns.

— Stagnant contribution levels. If you never adjusted your contribution after starting for your company or have not revisited your contribution in a few years, look at it again. How much to contribute? Usually as much as you can, unless you already reached the maximum contribution level.

— Piggy bank syndrome. Preserve your 401(k) for your retirement and don’t tap it for your vacation or emergency fund. 

— AdviceIQ