Category Archives: Retirement Plans

Dear 401(k) Plan Sponsor, These Are Things You Might Not Be Aware Of

My latest article for JDSupra.com can be found here.

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Say goodbye and get them out

When a participant of yours leaves or is let go, I think one of the most important things you can do is make sure they roll out their assets from your retirement plan. Sure it means that you might have … Continue reading

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Watch your eligibility provision

Your plan’s eligibility provision is a big thing because it serves as a gatekeeper for which employees you want to cover based on your demographics, it’s like a velvet rope at the local club. The problem is that sometimes your … Continue reading

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Don’t let consolidation scare the life out of you

When I travel to a stadium or a game, I’m a beer snob and I will walk around to find a beer that isn’t Bud, Coors, or Miller, or even Blue Moon. I always like to use beer as an … Continue reading

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Introducing That HR Association

You’ve seen the logo for many of That 401(k) Conferences as a conference sponsor, but you don’t know much about That HR Association. That HR Association is a human resource benefit corporation with the idea of providing human resource management … Continue reading

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Can we do better with automatic rollover IRAs? Yes.

I call myself the “most dangerous ERISA attorney in America” because I’m not afraid to express my opinion. So I’m going to say something that will irk a few people. As the Department of Labor is concerned with missing participants … Continue reading

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Having A Payroll Provider As Your 401(k) TPA Is An Awful Idea

My latest article for JDSupra.com can be found here.

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The cost of holding free events

One thing I did with That 401(k) Conference is to have a price for admission. Sure, there have been advisors who scoffed at paying a fee to attend, but I’ve been to too many free 401(k) related events. When you … Continue reading

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You and shelf space payments

Shelf space payments where mutual funds pay a platform a fee for space on their 401(k) shelf of investments is the newest thing, especially as a way to replace the loss of revenue sharing. One provider, in particular, is under … Continue reading

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The uncashed check fiasco

In the retirement plan industry, we have rules and we have guidelines on what to follow. However, there is one gray area that the Department of Labor (DOL) has absolutely no guidance: uncashed checks. Uncashed checks are becoming a real … Continue reading

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