Author Archives: admin

I’m still amazed when I find participant-directed 401(k) plans without a financial advisor. While I understand how solo 401(k) plans don’t have an advisor because individuals think they can do it on their own, it makes no sense when you … Continue reading →

You don’t have time, I get it. So I will be developing a YouTube series of 8–10-minute videos by myself, or with other plan providers on how you can help your retirement plan business. The first video can be found … Continue reading →

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

One of the problems with being a plan sponsor is trying to make sure that when it comes to the interaction and work of plan providers that the “ball” isn’t dropped. The problem for the plan sponsor, most of the … Continue reading →

If you ever want to know what the top mutual funds were 3-5 years ago, you can look at the mutual fund lineup of many 401(k) plans today. While it may sound like a joke, it isn’t. Too many 401(k) … Continue reading →

The purpose of an audit of Form 5500 is to make sure that plan sponsors voluntarily comply with the Internal Revenue Code and ERISA. Sometimes, an Internal Revenue Service (IRS) or Department of Labor (DOL) audit is done randomly and … Continue reading →

Thalidomide was supposed to be the wonder drug that helped women manage morning sickness until they discovered it caused birth defects. Asbestos was supposed to be the ultimate fire-resistant material that was later found out to cause mesothelioma when produced … Continue reading →

The best way to keep clients is to look at what you’re doing as a plan provider and what is out there in the marketplace. If you are a third-party administrator (TPA) and the competition is having much success offering … Continue reading →

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

With new guidance by the Department of Labor (DOL) on cybersecurity, it’s important to determine whether your plan provider meets that guidance. The DOL provided information on best cybersecurity practices to plan fiduciaries, recordkeepers, and other service providers regarding their … Continue reading →