Category Archives: Retirement Plans

As an ERISA attorney who drafts plan documents at a flat fee, my biggest competitors are not other ERISA attorneys, but third party administration (TPA) firms. Plan documents are just another service that TPAs can provide and they can provide … Continue reading →

In the movie Caddyshack, Ted Knight’s character Judge Elihu Smails was dumbfounded that Chevy Chase’s character; Ty Webb didn’t keep score on the golf course. Judge Smails asked Ty that if he didn’t keep score, how did he measure himself … Continue reading →

My interview with BLR.com can be found here.

With changes in fee disclosure and the change in the definition of fiduciary, many advisors have been asking me for my opinion on what effect these changes will have. While I don’t have a crystal ball, I can certainly answer … Continue reading →

My latest article on JDSupra can be found here.

A friend of mine who is a retirement plan consultant was advising a $14 million plan on which custodian and third party administration (TPA) firm to use. She picked a local unbundled TPA, using the Schwab platform. The broker of … Continue reading →

The first time I heard the word Schnorrer, I was 7 years old and my parents took me to a trip to Mystic, Connecticut. During those days, the Connecticut Turnpike had eight toll booths from Greenwich to Mystic. It felt … Continue reading →

My guest gig on Voice America can be found here.

If you read my writings, you know that fiduciary liability is one of the plan sponsor’s more important concerns as a plan fiduciary.  Since participant directed plans under ERISA §404(c) are supposed to limit a plan sponsor’s liability, I have … Continue reading →