Category Archives: Retirement Plans

Many years ago, I was one of the people on LinkedIn (along with James Holland) that would point out the issues regarding 401(k) plans that needed to be addressed: the need of fee disclosure and the problems with revenue sharing. … Continue reading →

Unlike the safe harbor non-elective contribution, you still need notice and you still need one in place if you want one for 2021 by December 1. While non-elective safe harbor formulas no longer need notice and no longer need to … Continue reading →

Unlike the safe harbor non-elective contribution, you still need notice and you still need one in place if you want one for 2021 by December 1. While non-elective safe harbor formulas no longer need notice and no longer need to … Continue reading →

Nestle is the latest target of ERISA litigators and is being sued 0ver excessive administrative fees. The Nestle Plan has more than 39,000 participants and approximately $4.2 billion in assets. The complaint in the suit alleges that the plan’s expenses … Continue reading →

Insperity and Reliance Trust has settled a lawsuit for $39.8 million, alleging that they breached their fiduciary duties and committed prohibited transactions under the Employee Retirement Income Security Act (ERISA) relating to the management, operation, and administration of the Insperity … Continue reading →

At the heart of everything in the 401(k) plan business, politics does play a part. Environmental, social, and governance (ESG) funds are all the talk of the business because of a proposal set forth by the President Trump led Department … Continue reading →

When your plan is big enough, you will be a target of the ERISA litigators. Human resources outsourcing firm TriNet is the latest target of ERISA litigation. As a professional employer organization, TriNet provides MEPs to its clients. The TriNet … Continue reading →

Smart, a United Kingdom and global recordkeeper, has announced it will make its recordkeeping solution available for pooled employer plans (PEPs) in the U.S. next year. As you know,  the Setting Every Community Up for Retirement Enhancement (SECURE) Act will … Continue reading →

I write a lot because social media gets my name out there at a much lower cost than hiring a public relations. director. I know because I’ve been there and done that. I write articles, I blog, and I started … Continue reading →

As a retirement plan provider, you meet a potential client and you just do so well in the meeting that you think there should be no way that you’re going to lose this prospect. Yet you get the call that … Continue reading →