Category Archives: Retirement Plans

A lawsuit against the Invesco 401(k) plan has been settled for $3.47 million. Also, Invesco agreed to modify the investment options offered through the plan’s self-directed brokerage account option so that plan participants will be permitted to invest in non-proprietary … Continue reading →

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

A plan provider once asked me if I had written a full-blown article on why trustee directed 401(k) plans are better than participant-directed plans. I haven’t even if I believed in it (which I do), but it’s not going to … Continue reading →

I will always say that the plan providers who proclaim that they will make me rich have failed to do so. There is nothing wrong with dreams of retirement plan revenue gold, but you can’t afford to let that dream … Continue reading →

As long as there are 401(k) plan sponsors who don’t show concern over cost, there will always be ERISA litigators that will take a bite. The Vail Corporation has been sued for excessive fees in their Vail Resorts 401(k) Retirement … Continue reading →

I loved the scene in the movie Donnie Brasco where the gang needs to make money for their boss’ take and they’re trying to hammer money out of a parking meter. In similar news, Fidelity has changed its focus on … Continue reading →

In terms of 401(k) books, one of the best for your practice is the 401(k) Averages Book. It’s like the Beckett Baseball Card Guide for 401(k) plans and is a great barometer in judging fees. The new edition of the … Continue reading →

In a unanimous decision in the Intel Corp. Investment Policy Committee v. Sulyma case, the Supreme Court refused to limit the timeframe in which participants could bring a lawsuit challenging the investment decisions made by plan fiduciaries. While ERISA provides … Continue reading →

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

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