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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...

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...

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 co...

Hire an ERISA attorney for an audit

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

We can do better and we must

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

AON cashes out of the retirement business

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

DOL to expand on new fiduciary rule

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

DOL to amend the DFVCP program

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

Assets being stolen, it can happen, it has happened

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

It no longer matters where your plan provider is

I’m the guy who will travel to a Target further from my home because the Target in Farmi...