I’ve been doing this long enough to know that the biggest threat to a 401(k) plan isn’t the Department of Labor, trial lawyers, or even bad investments. It’s a spreadsheet that someone created in 2017 and has been copying ever since. That spreadsheet ha...
Plan providers are therapists who also happen to do census testing. Nobody puts that in a job description, but it’s the truth. When people think about our work, they imagine compliance calendars, investment menus, and spreadsheets with more tabs than a Broa...
The Long, Quiet Goodbye Most plan providers don’t wake up one morning and get fired. It’s not a...
Every plan provider says the same thing: “We work with everyone.” That sounds inclusive, but it...
For decades the advisor sales pitch sounded like a broken record: better funds, better performance,...
I started my own practice almost sixteen years ago because I was tired of working for other people....
As a retirement plan attorney, I can tell you this with certainty: TPAs are rarely sued because the...
The retirement plan industry loves to talk about value, but it keeps pricing itself as if value doe...
Chief Justice John Marshall famously wrote in McCulloch v. Maryland that “the power to tax is the...
PEPs were sold to the retirement plan industry as the answer to everything—lower costs, better go...
