Category Archives: Retirement Plans

Fidelity’s decision on rollovers is a sign

I loved the scene in the movie Donnie Brasco where the gang needs to make money for their boss’ take and they’re trying to hammer money out of a parking meter. In similar news, Fidelity has changed its focus on … Continue reading

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401(k) Averages Book Shows Fees Are Still Falling

In terms of 401(k) books, one of the best for your practice is the 401(k) Averages Book. It’s like the Beckett Baseball Card Guide for 401(k) plans and is a great barometer in judging fees. The new edition of the … Continue reading

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Intel case will mean more lawsuits

In a unanimous decision in the Intel Corp. Investment Policy Committee v. Sulyma case, the Supreme Court refused to limit the timeframe in which participants could bring a lawsuit challenging the investment decisions made by plan fiduciaries. While ERISA provides … Continue reading

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As A 401(k) Sponsor, How You Deal With Plan Provider Cold Calls

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

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Retirement Plan Advisors Advantage

My latest newsletter for retirement plan providers can be found here.

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My Two Cents For Retirement Plan Providers

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

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The Best Way To Sell A PEP/MEP is to not sell a PEP/MEP

When dealing with companies that may act as an adopting employer for a multiple employer plan (MEP) or pooled employer plan (PEP), I think the worst thing you can do is to market the MEP and PEP to a company. … Continue reading

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The best person for the job doesn’t always get it

You know the feeling, you’re competing for a retirement plan and you’re fairly confident that you are the best person for the job. Yet when the choice is made, you’re not picked and someone who won’t do as good as … Continue reading

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That late 5500 will cost you more under the SECURE Act

One of the provisions of the SECURE Act increased the Internal Revenue Service’s (IRS’) penalties on late 5500s. Under the SECURE Act, late filers that miss their late-filing deadline will face a daily penalty of $250 versus the $25-per-day penalty … Continue reading

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Fidelity fends off one FundsNetwork claim

Fidelity has been under fire for its FundsNetwork 401(k) offering. The FundsNetwork is where various mutual funds, affiliates of mutual funds, mutual fund advisors, sub-advisors, investment funds, including collective trusts, and other investment advisors, instruments or vehicles that are offered … Continue reading

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