Monthly Archives: December 2018

As an ERISA attorney, 3(16) plan administrator, and sponsor of several 401(k) plans that needed an audit completed by October 15th to file the Form 5500 on-time, I will have to say I’ve noticed a discrepancy among audit firms. The … Continue reading →

When I was a synagogue Vice President, I was miffed that the main leadership were relics of the past who insisted it was still 1978 and just having our doors open would get new members. I said the synagogue needed … Continue reading →

My latest newsletter geared towards retirement plan professionals can be found here.

When it comes to drafting plan documents, I always say K.I.S.S.: keep it simple, stupid. Any intricate plan design features such as weird matching allocations and out of the box definitions of compensation is a great way of having this … Continue reading →

I recently go through a harrowing Department of Labor (DOL) audit over the late deposit of salary deferrals. What was the problem for the client was multiple locations and multiple payroll providers and previous third-party administrators (TPAs) that didn’t alert … Continue reading →

Providing advisory help to a 401(k) plan is a great part of a financial advisor’s business because it can grow to ancillary lines of business such as working with the decision makers of the plan and their money. One great … Continue reading →

My latest newsletter can be found here.

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