Monthly Archives: December 2018

New Year’s Resolutions For 401(k) Plan Sponsors

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

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What all good 401(k) plans have

There are so many articles for plan sponsors (I’ve written quite a few) where they go on and on about what plan sponsors need for a successful 401(k) plan. Rather than go into a whole diatribe, here is a Reader’s … Continue reading

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Picking a TPA just on price is one of the biggest mistakes you can make

Many years ago, I started the idea of creating a law firm that intended to be the Wal-Mart of legal service where I would do wills for $100 and tax returns for $150. The business miserably failed because the fact … Continue reading

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How you treat employees can say a lot about you

I recently met an executive through LinkedIn and we an absolute gentleman and really could teach me a thing or two about social media. I later found out that this executive was terminated by a company that I’ve been a … Continue reading

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Problems That Plan Sponsors Might Not Even Know About

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

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A Plan Sponsor Can Increase 401(k) Participation Without Costing Much $$$

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

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Out of the box only causes trouble

This is Spinal Tap has the great line that “there is a fine line between being clever and stupid.” The same can be said with plan provisions that are what I call: “out of the box.” I call it out … Continue reading

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Review that ERISA bond, because it might not be one

All ERISA plans need an ERISA bond that protects the plan from thefts of plan assets by plan fiduciaries. ERISA requires that every fiduciary of an employee benefit plan and every person who handles plan assets be bonded. A plan … Continue reading

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Avoid the box of gimmicks

I watch a podcast called Something to Wrestle with former WWE creative mind Bruce Prichard and he insists that there was no box of gimmicks for a wrestler to choose or be chosen their gimmick/persona. With 401(k) plans, there is … Continue reading

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The MEP Solution

With the recent guidance issued by the Department of Labor (DOL), third party administrators and financial advisors are going to scramble and try to find a multiple employer plan (MEP) solution that will fit their needs and the needs of … Continue reading

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