Category Archives: Retirement Plans

UnitedHealth Group is the latest big-name employer to get hit with a class action lawsuit over how it handles 401(k) forfeitures. The case, Kotalik et al. v. UnitedHealth Group Inc., accuses the company and its plan fiduciaries of violating ERISA … Continue reading →

Empower recently made headlines by announcing a bold new initiative: giving defined contribution (DC) retirement plan participants access to private market investments. On the surface, it sounds like a win—more choice, broader diversification, and the chance to tap into investment … Continue reading →

When I titled my new book Full Circle, I didn’t just pick a catchy phrase—I picked a truth. In life and business, we often think progress means always moving forward. But the longer I’ve worked in the retirement plan industry, … Continue reading →

If there’s a Mount Rushmore of ERISA class-action litigators, you better believe Jerry Schlichter’s face is carved into it—probably right next to a 408(b)(2) disclosure and a stack of mutual fund fee charts. And once again, the law firm of … Continue reading →

The department store has been a dying business for 50 years. That’s not hyperbole—it’s a fact. Ever since the rise of the shopping mall, the explosion of discount retailers like Walmart and Target, and now online shopping, the traditional department … Continue reading →

When I first started my law practice, I’d get invited to sponsor networking events or plan sponsor forums. They’d ask for a check, promise big exposure, and deliver… almost nothing. The room would be filled with the wrong audience or … Continue reading →

Businesses in the retirement plan industry don’t collapse overnight. It’s never sudden. Like Sears, the decline drags out over years—death by a thousand paper cuts. One day you’re a major player, the next you’re just a name people remember from … Continue reading →

About 20 years ago, there was a medical report claiming that dental plaque could cause heart disease. Now, the cynic in me can’t help but wonder if that was cooked up by the dental lobby as a way to generate … Continue reading →

Those small employer plans like SEPs and SIMPLE-IRAs? They’re great starter tools for retirement savings. Think of them like toddler clothes: low maintenance, affordable, and easy to manage. No administration costs, no annual 5500s, and they get the job done—for … Continue reading →

For the first time, That 401(k) Conference returned to the same venue. On Friday, May 9, 2025, we returned to Kansas City at Kaufmann Stadium, home of the Kansas City Royals. We had a great event there in 2019 and … Continue reading →