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JDSupra
Categories
Monthly Archives: August 2017
Stick to a plan that will work
When I first started out, I worked as an attorney affiliated with a third party administration (TPA). The problem with this TPA that it had 4 main partners and two other employees who had small ownership interests; it was a … Continue reading
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The trouble with any new 401(k) product
When Honda unveiled the 1986 line of Acura cars, it was one of the first entrances of the Japanese Auto industry into the luxury part of the market. While the cars were impressive, they were initially beset by factory defects. … Continue reading
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If You’re A Plan Sponsor, A Scanner Can Be A Good Friend
Being a plan sponsor is a tough job and the amount of paperwork that goes with it can be overwhelming. The paperwork includes plan documents, summary plan descriptions, amendment, valuations, trusts statements, and payroll. The fact is that as a … Continue reading
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401(k) Plan Sponsor Steals Assets To Support Country Club Life
One of my favorite lines from Seinfeld is when George Costanza gets a job where Elaine works at Pendant Publishing. He’s fired for having sex in the office with the cleaning woman. George pardons ignorance, asking whether it was wrong … Continue reading
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The Rosenbaum Law Firm Review
My latest newsletter can be found here.
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The Plan Providers That A 401(k) Plan Sponsor Needs
My latest article for JDSupra.com can be found here.
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Focusing Too Much On Fees Isn’t Healthy Either
I remember as a kid that there was a move to use margarine because of the cholesterol that was in butter. Who can forget those talking Parkay carton commercials? Of course, we later learn that many margarines had high amounts … Continue reading
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Plan Design Consultants try to Kickstart 401(k) plans for employers
My friends at Plan Design Consultants have created a new program called KIC(k)START, which is an approach for them to garner more plans and help out the advisors they work with. The program offers 401(k) plans with safe harbor plan design. … Continue reading
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Clues That There are Problems With A 401(k) Plan Provider
My latest article on JDSupra.com can be found here.
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The Retirement Advantage buys a TPA as he business further consolidates
As discussed with purchases by Ascensus, there is further consolidation in the third party administration (TPA) business. The Retirement Advantage, Inc. (TRA), purchased Retirement Planning, Inc. (RPI), a Grand Rapids, Michigan TPA. The business is heading towards consolidation because of … Continue reading
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