Category Archives: Retirement Plans

Employee Benefit Security Administration plans to amend and restate its Voluntary Fiduciary Correction Program (VFCP). The amendments will expand the scope of some transactions currently eligible for correction and streamline the correction procedures for certain others. EBSA says it will … Continue reading →

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

My latest newsletter for plan providers canoe found here.

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

My latest newsletter can be found here.

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

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 →

People know that I love crypto investing, but hate it as a potential 401(k) investment for almost all plan participants. Providers will offer it within a small self-directed. A brokerage-like window with minimum exposure. I believe For Us All is … Continue reading →

The Delinquent Filer Voluntary Compliance Program (DFVCP) is a Department of Labor (DOL) program designed to encourage voluntary compliance with ERISA’s 5500 program. It’s great as a plan sponsor if you forget to file a Form 5500 and pay thousands … Continue reading →

Lowe’s Cos. settled a class-action lawsuit filed by a participant in its 401(k) plan for a $12.5 million settlement fund from which participant class members are entitled to distributions.  The class-action lawsuit alleged that Lowe’s, its administrative committee, and investment … Continue reading →