Monthly Archives: November 2021

I’ve seen plan sponsors do it, I’ve seen employees do it, and I’ve seen plan providers do it. I knew Matt Hutcheson and Jeff Richie. I knew a plan sponsor that ignored my advice and got sentenced to 3 years … Continue reading →

With so many fee litigation cases over the last few years, I was concerned that the Federal court was getting sick of cases where plaintiff’s attorney just merely pleaded that the costs of the plan were too much and. it … Continue reading →

Walgreens has settled a class-action lawsuit after agreeing to pay $13.75 million into a settlement fund for a class of approximately 195,000 current and former participants of the plan. In addition, the pharmacy will remove the Northern Trust Focus Target … Continue reading →

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

I had a great time on Joshua Itzoe’s podcast and one point, he brought up was that I was a proponent and defender of third-party administration (TPA) firms. If you followed me on LinkedIn when I started my practice 11 … Continue reading →

Pooled Employer Plans (PEPs) are in my mind, a nice product. For most of the time, it’s not the right fit. So I don’t understand why anyone would create a PEP for a niche purpose, such as a commitment to … Continue reading →

You get what you pay for and I think a lot of sole proprietors get that with a free solo 401(k) offered by their friendly brokerage house. Most solo 401(k) account holders get zero support. A burgeoning part of my … Continue reading →

On Columbus Day, I was running an errand in my Prius V, and a woman in the right lane crossed over and hit my car. The woman immediately followed me into a parking lot. I was mad because I had … Continue reading →

It happened three years ago and I still can’t make sense of it. Where I come from, we call it chutzpah. The third-party administrator (TPA) of a 401(k) plan that I was serving as an ERISA §3(16) administrator overpaid the … Continue reading →

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