Monthly Archives: November 2024

The United States Government Accountability Office (GAO) released a report on the impact of Department of Labor Regulations (DOL). The report involved talking to plan sponsors and plan providers. It stated the obvious impact of fee disclosure regulations that were … Continue reading →

iRS announces 2025 Limits

Even back then in college, I knew when things weren’t right. I was the Managing Editor of the Stony Brook Statesman and the top editor made copies of our Newsday Awards and was mailing someone a response to a letter, … Continue reading →

There are good third-party administrators (TPAs) and bad ones. No matter how good your TPA is, they’re not a mind reader. So when it comes to providing information to your TPA, you need to level with them. If you don’t … Continue reading →

When I was in college and law school, I loved TGI Fridays. Whenever I was in New York, D.C., Boston, or traveling to California, the beauty of this chain restaurant was that you’d get the same quality meal. I always … Continue reading →

When looking at organizations, both businesses and charitable places, I’m always amazed why people stay on, even when it’s time to go. I was a part of a Hebrew school where the PTA President no longer had kids in schools. … Continue reading →

The greatest business failures are business giants that fail to adapt to a changing environment. If Blockbuster only saw the future was digital, perhaps it could have saved itself, even with its stubborn decision not to buy Netflix. You either … Continue reading →

I read that a recent study showed the 80% of 401(k) plans are overpaying in fees. Tell me something I don’t know. For most small and medium-sized plans, there is absolutely no check by the plan sponsors on whether the … Continue reading →

Consolidation among plans provides continues in the retirement plan business. U.S. Retirement & Benefits Partners Inc. announced the purchase of Pension Planning Consultants Inc. Pension Planning Consultants is a New Mexico-based firm that provides retirement plan design consulting and third-party-administration … Continue reading →

The U.S. District Court for the Western District of Michigan granted Pfizer Inc.’s motion to dismiss a case that claimed that Pfizer paid “unreasonable” recordkeeping and administrative fees. U.S. District Judge Paul Maloney ruled that the plaintiff presented his case … Continue reading →