When plan providers lose a client, the first assumption is usually pricing. The advisor must have found a cheaper recordkeeper. The TPA must have been undercut by a competitor. The bundled provider must have offered a lower asset-based fee. While pricin...
Anyone who works in the retirement plan industry has heard the complaint from advisors and plan sponsors alike: it’s getting harder to find a good TPA. That shouldn’t surprise anyone. Being a third-party administrator today requires a combination of le...
Every once in a while, the entertainment industry produces something so misguided that decades late...
In the world of retirement plans, it’s easy to overlook the fine print — until someone sues you...
Fee compression isn’t coming. It’s here. Every provider I speak to says the same thing: “W...
We’ve all seen it. The branded tablecloth. The stress balls. The bowl of candy. The hopeful smile...
Recurring 410(b) failures are rarely random. When a plan consistently struggles with coverage te...
Too many plan providers approach the retirement plan business like traditional salespeople. They fo...
Retirement plan design didn’t emerge fully formed with the first 401(k). Like most things worth u...
I’ve sat through more retirement plan meetings than I can count, and if there’s one recurring p...
