Monthly Archives: February 2022

My latest newsletter fi retirement plan professionals can be found here.

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

I was a first-year law student participating in moot court, just because all second-year students participated even when I knew I had zero interest in ever being a litigator. In those days, my mother would buy me these cheap cartoon … Continue reading →

The local school board member who posts ridiculous stuff on social media was just appointed Acting Parks Commissioner for my county. It’s a little disheartening. My wife says I post too much on Facebook and she is probably right. I … Continue reading →

If you’ve ever read anything I’ve ever written, you probably know that I talk about the experience I had at a semi-prestigious Long Island law firm. I can blame the bureaucracy, the marketing limitations set by lawyers who didn’t bring … Continue reading →

As a financial advisor, you’ve been volunteered as a plan ombudsman and the problem is that you probably don’t have the knowledge of an ERISA expert. That’s why it’s important to work with ERISA experts like ERISA attorneys, and especially … Continue reading →

For the past 9 1/2 years, fee disclosure has certainly helped you as a plan sponsor to finally understand the true cost of plan administration. That’s important because you have a fiduciary duty to only pay reasonable plan expenses. The … Continue reading →

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 of the third-party administration (TPA) business, I have more experience in that field … Continue reading →

The consolidation of the retirement plan business has not let up Smart, a British company that is about to launch a pooled employer plan in the U.S. this year, is buying Stadion Money Management. Stadion’s business includes more than 4,000 … Continue reading →

It seemed like a good idea at the time, replacing Matt Hutcheson as the fiduciary of an open multiple employer plan (MEP). Within a few weeks including conversations with adopting employers with missing money, I realized that this was a … Continue reading →