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Ary Rosenbaum, That 401(k) Guy

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All posts by Ary Rosenbaum, That 401(k) Guy

If it’s free, how much can it be?

Years ago, I started working and had a lot of free time (before marriage and kids). I saw that the l...

Put a process in place to find missing participants

More than 16 million accounts of $5,000 or less — $8.5 billion in the aggregate — were left in w...

Hell hath no fury than a former employee scorned

I always say that the reason I don’t have employees is I was once an employee too. I was never tot...

Beware of the audit of the audit and don’t pay for it

A plan with 100 or more participants requires an audit of a plan’s financial standing conducted by...

Hire an ERISA attorney for an audit

Attorneys have a bad reputation and a lot of times, it’s warranted. I jokingly said I knew why peo...

We can do better and we must

I’m that turd in the punch bowl, being frank and honest which makes some people very uncomfortable...

AON cashes out of the retirement business

AON sold off its US retirement and retiree health insurance brokerage businesses in a $1.4 billion t...

DOL to expand on new fiduciary rule

Revising the new fiduciary rule is on the drawing board for the Department of Labor (DOL). the Emplo...

DOL to amend the DFVCP program

Employee Benefit Security Administration plans to amend and restate its Voluntary Fiduciary Correcti...

Assets being stolen, it can happen, it has happened

A third-party administrator (TPA) and/or plan fiduciary stealing plans assets is easier than you thi...