As a 401(k) plan sponsor, you need to know that plan errors happen all the time. A 401(k) plan has so many moving parts, so that means something might break. The problem here is that while things can happen without control, you can control some errors by avoi...
There are so many articles for plan sponsors (I’ve written quite a few) where they go on and on about what plan sponsors need for a successful 401(k) plan. Rather than go into a whole diatribe, here is a Reader’s Digest of what good 401(k) plans have: ...
ERISA requires disclosure of certain plan documents to participants including a summary plan descri...
I’ve been in the retirement plan business for 26 years and I’ve been through a few recessions i...
When I was 13 and had my Bar Mitzvah, I spent around $2,000 (in 1985 money) on a state-of-the-art A...
At work and at home, one of the worst things I ever did was make a mistake and not accept responsib...
Correcting your late deferrals by depositing them and making a contribution to compensate for lost ...
I have worked at places that were so unpleasant that I consider myself lucky the vesting schedule w...
I sound like a broken record, but I won’t stop until 401(k) plan sponsors understand the issue of...
I always say that picking a plan provider just on price is a bad idea and I will say that picking a...
