Category Archives: Retirement Plans

Let’s get one thing straight: The Shawshank Redemption isn’t just about prison. If you think it’s just a story about a guy escaping through 500 yards of foulness, you’re missing the point—and probably still stuck in your own version of … Continue reading →

Alright, listen—I’m stubborn. I admit it. There are just some things I don’t understand, and when I don’t understand something, it sticks with me. It burrows into my brain like a woodpecker with an agenda. So I get this call. … Continue reading →

Many moons ago, I got a call from a bank with a problem. For two decades—yes, twenty years—they had failed to include bonuses as part of plan compensation. The kicker? They were supposed to. This wasn’t a gray area; the … Continue reading →

I love Las Vegas. Great restaurants, great shows, and five trips in a row without dropping a nickel into a slot machine. Why? Because I hate gambling. I hate losing even more. Honestly, just getting out of bed every morning … Continue reading →

I always say that plan sponsors need a solid team: an experienced financial advisor, a competent third-party administrator (TPA), and a knowledgeable ERISA attorney. But let’s talk about that word—experienced. Like “reasonable fees,” it’s one of those terms that gets … Continue reading →

Blue Ridge Associates announced today that it has acquired Qualified Retirement Plan Services, Inc. (QRPS) based in Raleigh, North Carolina. Founded in 1988, QRPS manages over 1,000 retirement plans that serve more than 31,000 participants, with assets exceeding $2 billion, … Continue reading →

For years, I observed that federal courts were growing weary of cases involving fee litigation, but then the Supreme Court changed that perspective. The Supreme Court issued a unanimous decision in Cunningham v. Cornell University, a landmark case concerning the … Continue reading →

Whole Foods Market has agreed to settle a class-action lawsuit that alleged the company failed to prudently manage the administrative fees of its $1.9 billion 401(k) plan, resulting in millions in losses for employees. The lawsuit, filed in 2023 by … Continue reading →

I have experienced several bear markets as an ERISA attorney, and it’s never easy, especially with the current volatility due to tariffs. If you are concerned about the stock markets and your 401(k) plan, you may not need to worry—unless … Continue reading →

Growing up, I was a pessimist. I don’t know why, but I let every little thing get to me, and I realized that being negative often scares people away. That’s why I recommend that when dealing with potential clients, you … Continue reading →