Monthly Archives: April 2022

The consolidation in the retirement plan industry continues as World Insurance Associates acquired Pensionmark. Pensionmark has more than $80 billion in assets. Pensionmark has been serving its employer and individual investor clients via its network of 300+ top retirement plan … Continue reading →

While the Biden-led Department of Labor (DOL) has given the green light for environmental, social, and governance (ESG) funds within 401(k) plans, I don’t get the push. The push isn’t from many plan sponsors and I don’t see many plan … Continue reading →

Costco has reached a settlement that will see them pay $5.1 million to resolve allegations that it committed fiduciary breaches within their 401(k) plan. A participant in the Costco 401(k) Retirement Plan filed a lawsuit against Costco by claiming the … Continue reading →

The auditing business for retirement plans has been cleaned up over the years, and quite a few auditors who have no business conducting audits were moved aside by the Department of Labor (DOL), and further changes for the 2021 plan … Continue reading →

When I grew up, we had one type of Cheerios and when they added Honey Nut Cheerios, we had two. I think if you go to the grocery shelves, you may have 20 today. This was General Mills appealing to … Continue reading →