Monthly Archives: March 2018

Auto Enrollment is going up

When automatic enrollment was first introduced, it was introduced as a negative election and I thought it was just a cheap gimmick by an employer to help their actual deferral percentage test because all money from the negative election ended … Continue reading

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Vantage defaults in first case decision

It didn’t take long for the first decision in a lawsuit against vantage Benefits and its owners when they defaulted. A default judgment was handed down by Judge David C. Godbey of the U.S. District Court for the Northern District … Continue reading

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Don’t be cheap when it comes to your retirement plan

As I have stated so many times, I don’t want to hire employees because I was an employee once too. That pretty much means that I never met an employee whoever thought they were overpaid. For that matter, I never … Continue reading

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Another Vantage lawsuit with an advisor twist

A great scene is in GoodFellas is when Jimmy chastises Henry for getting arrested because he allowed himself to be incriminated through wiretaps. For years, I’ve been warning advisors about the referrals they make and it seems to have sparked … Continue reading

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Why Your 401(k) Plan Should Get a Tune-Up

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

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Plan Sponsors have to Keep Track of All Plan Amendments

I didn’t have such a great time at law school because I felt the administration and much of the faculty weren’t honest when it came to the study of law and more importantly, our job opportunities. There was one law … Continue reading

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Beware of those plan document restatement requests

Every 6 years or so, the Internal Revenue Service (IRS) requests that retirement plan documents be restated to comply with current law. While it’s a great thing for ERISA attorneys and third-party administrators, it’s not so great for plan sponsors … Continue reading

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Advisors Advantage

My newsletter for retirement plan providers can be found here.

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Trying To Understand A Plan Sponsor’s Irrational Decisions Isn’t Easy

My latest JDSupra.com article can be found here.

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