Author Archives: admin

The Delinquent Filer Voluntary Compliance Program (DFVCP) is a Department of Labor (DOL) program designed to encourage voluntary compliance with ERISA’s 5500 program. It’s great as a plan sponsor if you forget to file a Form 5500 and pay thousands … Continue reading →

Lowe’s Cos. settled a class-action lawsuit filed by a participant in its 401(k) plan for a $12.5 million settlement fund from which participant class members are entitled to distributions.  The class-action lawsuit alleged that Lowe’s, its administrative committee, and investment … Continue reading →

When you operate proprietary mutual funds and offer them in your401(k) plan, you will be a target of ERISA litigators. John Hancock agreed to a $14 million settlement in a lawsuit filed by participants in a company 401(k) plan who alleged ERISA … Continue reading →

My latest article for JDSupra.com can be found 1.

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

When it comes to retirement plans, we have a snowball effect. The effect is usually when the plan sponsor has a plan problem and decides to either try to fix it on their own or lean on legal counsel with … Continue reading →

When a plan terminates and distributes all its assets or merges all its assets into another plan, you need to understand that a Final Form 5500 needs to be completed. Otherwise, you will get notified by the Internal Revenue Service … Continue reading →

Part of my job is fixing errors made by plan sponsors and their plan providers. Despite what the top payroll providers who also serve as third-party administrators (TPA) may say, a good part of that job is fixing the errors … Continue reading →

I work from home, it’s 11 years now. You can say that I was ahead of the game with the COVID pandemic. As the pandemic nears its end, the business will get back to normal. The problem is that with … Continue reading →

I first started paying for my car when I got my first job as an ERISA attorney, It was a brand new 1998 Toyota Camry. I was looking for car insurance and the best rate was through an insurance company that my … Continue reading →