Monthly Archives: October 2017

What To Avoid In Hiring Plan Providers As 401(k) Fiduciaries

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

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There is a difference in the quality of service that TPAs offer

In any service industry, the quality of service and price can be far and wide. While people say that I focus way too much on the workings on the third party administration (TPA) business, I do have more experience in … Continue reading

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Advisors Need To Offer Education

Advisors ask me all the time of the role of education in participant directed 401(k) plans and it’s an important question. Participant directed 401(k) plans that are governed under ERISA §404(c) offer the plan sponsors liability protection based on a … Continue reading

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Find those “missing” plan participants

Missing plan participants are usually only an issue when a retirement plan decides to terminate and wants to avoid dragging out the process and having to file another Form 5500. Now there maybe further reasons for plan sponsors to clear … Continue reading

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Avoid the headache: Stick to what you know

Over the past 7 years as a solo ERISA practitioner, I always get asked if that’s all I do. It’s not some kind of insult, but a question on whether I also do financial advisory work and/or third party administration … Continue reading

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Plan Providers and Plan Sponsors Can Still Lose By Winning

The news comes trickling in for 401(k) plan providers and plan sponsors beating back class action lawsuits. Many plan providers win their case as defendants because the plan participants fail to convince a judge that the provider serves in a … Continue reading

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The Truth And Myth Over The 401(k) Investment Policy Statement

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

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Don’t get out of your level of comfort

I started this law firm about 17 years ago as a side project. It is where I could offer legal services on the side while I did my normal day job. It was an experiment on whether I could go … Continue reading

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The greatest plan audit ever

For 18 years, I have been working on retirement plan audits. Either the plan was under examination by the Internal Revenue Service (IRS) and the Department of Labor. I can count on one hand how many plans had real issues … Continue reading

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How And Why Plan Providers Should Help Increase 401(k) Plan Assets

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

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