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Well, I have an in with this association

If I got $5 for every time an advisor or other plan provider told me they had an in with an associat...

Purchasers need to stay in their lane

I’ve written blog posts about the problems that I see when a plan provider I know gets purchased. ...

From a certain point of legal view

There are two types of ERISA attorney, those that work for a plan provider and those that don’t. M...

The problem of the PEP Trustee

One of the quirks with pooled employer plans (PEPs) is the need for a corporate trustee. The only pr...

Opinions aren’t wrong, except…. by experiences

I have very strong opinions on the retirement plan business and that might be a reason I’m not ask...

You need to read the plan document

Being an ERISA attorney for a couple of third-party administration (TPA) firms when I first started ...

You should pick out the groceries

If there is one famous quote that’s landed me in trouble, it’s one from my favorite football coa...

Just be accountable

People don’t like to be accountable for the most part. It’s just human nature to blame someone e...

Some people will do as minimal as possible

Another thing that sets plan providers apart is the work ethic, whether they will do what’s needed...

Watch out for excessive termination fees

It’s pretty simple as a 401(k) plan sponsor, you have a fiduciary duty to only pay reasonable plan...