Category Archives: Retirement Plans

Call me crazy, but I think less is more. If you have a 401(k) plan and another plan (usually a defined benefit or cash balance plan), there may be reasons why you would want multiple third-party administrators (TPAs). Speaking from … Continue reading →

The Plan Sponsor Council of America’s (PSCA)65th Annual Survey of 401(k) and Profit Sharing Plans showed record savings in retirement plans. In 2021, participant and employer contribution rates combined to produce an average savings rate of 13.9% of pay, which … Continue reading →

My newsletter for retirement plan providers can be be found here.

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

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

I was interviewed recently by a 401(k)-centric website about smaller plans. When I first started in 1998, there was a tremendous bias from a small start-up plan. So many plan providers didn’t want the business and these smaller plans were … Continue reading →

I was an associate at a semi-prestigious law firm. I asked the 401(k) trustees to look at our plan. One trustee was the human resources director and the other one was a law firm partner. The plan didn’t have a … Continue reading →

My wife doesn’t know much about crypto, but she is fascinated by what happened with FTX and SBF. She doesn’t understand how someone like that, could be involved in such a scam. Unlike me, my wife never knew two plan … Continue reading →

There is a gender gap with 401(k) deferrals and auto-enrollment might be the way to curb that. In 401(k) plans without automatic enrollment, men lag behind women in participation rates at all income levels, most notably below $150,000. The largest … Continue reading →

I have seen some great articles about plan sponsors and issues surrounding retirement income options. They talk about obstacles to implementation and some talk about articles about plan sponsors interested in it. Quite honestly, I have yet to see plan … Continue reading →