Monthly Archives: May 2025

Blue Ridge Associates announced today that it has acquired Qualified Retirement Plan Services, Inc. (QRPS) based in Raleigh, North Carolina. Founded in 1988, QRPS manages over 1,000 retirement plans that serve more than 31,000 participants, with assets exceeding $2 billion, … Continue reading →

For years, I observed that federal courts were growing weary of cases involving fee litigation, but then the Supreme Court changed that perspective. The Supreme Court issued a unanimous decision in Cunningham v. Cornell University, a landmark case concerning the … Continue reading →

Whole Foods Market has agreed to settle a class-action lawsuit that alleged the company failed to prudently manage the administrative fees of its $1.9 billion 401(k) plan, resulting in millions in losses for employees. The lawsuit, filed in 2023 by … Continue reading →

I have experienced several bear markets as an ERISA attorney, and it’s never easy, especially with the current volatility due to tariffs. If you are concerned about the stock markets and your 401(k) plan, you may not need to worry—unless … Continue reading →

Growing up, I was a pessimist. I don’t know why, but I let every little thing get to me, and I realized that being negative often scares people away. That’s why I recommend that when dealing with potential clients, you … Continue reading →

Nothing surprises me much anymore, neither should the results of the survey that a Nasdaq 100 survey supports the inclusion of Nasdaq 100 index funds. According to the Annual Nasdaq-100 Retirement Plan Survey, nearly 80 percent of 401(k) plan participants … Continue reading →

T. Rowe Price announced today the launch of in-plan emergency savings accounts (ESAs) for participants in retirement plans. This ESA solution was made possible by the SECURE 2.0 Act of 2022, which includes a provision for pension-linked emergency savings accounts. … Continue reading →

As famously quoted in *This Is Spinal Tap*, there is a fine line between stupidity and cleverness. I can assure you that Michael McKean, who played David St. Hubbins in the movie and co-wrote it, was not involved in plan … Continue reading →