Category Archives: Retirement Plans

Confirm what the auditor says

If you have a retirement plan with more than 100 participants, you probably have a plan audit (if you have more than 120 participants, you do). Like with any plan providers, there a lot of great auditors out there and … Continue reading

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It Won’t Matter Until It Becomes Law

I spoke to a fellow ERISA attorney who was talking about the proposed changes going back and forth regarding tax reform. I told him I just didn’t have time to follow and I’m not a big fan of proposals, I … Continue reading

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How 401(k) Plan Sponsors Can Avoid Turning Their Plan Into A Disaster

For my latest article on JDSupra.com, please click here.

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Get fiduciary liability insurance

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surprised how many people pay $20 to get a warranty on a $100 Blu-Ray player. When Best Buy was going national, they advertised how … Continue reading

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Nordstrom is the latest large employer sued over their 401(k) plan

The department store business model is selling items at high prices with the heavy end of season discounting. Now if only Nordstrom did the same with their nearly $3 billion 401(k) plan. The lawsuit alleges that if the plan had … Continue reading

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Harvey Weinstein and You

The news of late has had daily accusations against Hollywood executives and personalities concerning sexual abuse and harassment. What has happened with the beginning of allegations against Harvey Weinstein have mushroomed into a force that can’t be stopped. It reminds … Continue reading

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Stealing plan assets is easier than you think

A third party administrator (TPA) and/or plan fiduciary stealing plans assets is easier than you think. The rumor that TPA Vantage Benefits stole $14 million from 6-7 of their clients shouldn’t be surprising to me because I saw it before … Continue reading

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It Looks Good On Paper For The 401(k) Plan Sponsor, But…

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

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Location of your plan provider isn’t an issue these days

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is far better than Westbury and Valley Stream and people think I’m crazy to travel 15 minutes more for a better run … Continue reading

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It might be you

Prior to starting my own law firm, I had made many different employer changes over the years to the point that my position as the head of my law firm is the longest time I’ve been employed at one place … Continue reading

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