Category Archives: Retirement Plans

One thing I did with That 401(k) Conference is to have a price for admission. Sure, there have been advisors who scoffed at paying a fee to attend, but I’ve been to too many free 401(k) related events. When you … Continue reading →

Shelf space payments where mutual funds pay a platform a fee for space on their 401(k) shelf of investments is the newest thing, especially as a way to replace the loss of revenue sharing. One provider, in particular, is under … Continue reading →

In the retirement plan industry, we have rules and we have guidelines on what to follow. However, there is one gray area that the Department of Labor (DOL) has absolutely no guidance: uncashed checks. Uncashed checks are becoming a real … Continue reading →

One of the biggest strikes against multiple employer plans (MEPs) may go the way of bellbottoms and Betamax. The Internal Revenue Service is proposing an exception to the one bad apple rule, which means that the action of lack of … Continue reading →

My newsletter for retirement plan providers can be found here.

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

In 1993, I wanted a Hewlett Packard LaserJet printer. They were all black and white printers in those days and the cheapest you could find at the time was around $900-$100. At the time I was buying a PC Clone … Continue reading →

As a plan provider, it makes sense to create an ancillary line of business if it’s a natural carryover of the existing line of business. The big problem with an ancillary line of business is when that new line is … Continue reading →

Most 401(k) plans have an investment policy statement to serve as a blueprint on how and why investment options are selected and replaced in the plan. Some plans have participant education policy statements. Some also have deferral deposit statements in … Continue reading →

The last two times I was in Las Vegas, I didn’t gamble a penny. I didn’t gamble because I hate to lose. Yet I see so many plan sponsors and plan providers gamble by not correcting a glaring compliance issue … Continue reading →