Some plan sponsors believe that holding committee meetings automatically makes them good fiduciaries. I’ve sat through enough meetings to know that’s not true. A calendar invite doesn’t fulfill fiduciary duties. What matters is what actually happens in ...
I understand why some plan sponsors withhold information from their plan providers. Sometimes it’s embarrassment. Sometimes it’s fear of added cost. Sometimes it’s just not knowing what matters. Unfortunately, in the retirement plan world, hiding inform...
For years, forfeitures were treated like found money in 401(k) plans. Someone leaves before vesting...
When a 401(k) lawsuit is filed, the first thing plaintiffs’ counsel asks for isn’t your investm...
One of the most dangerous phrases in the 401(k) world isn’t “lawsuit” or “DOL audit.” It...
Most plan sponsors don’t wake up thinking, “Let’s mismanage the 401(k) today.” Yet bad outc...
If I walked into your office tomorrow and you handed me responsibility for your 401(k), I wouldn’...
Most plan sponsors genuinely want to do the right thing. They offer a retirement plan because they ...
Plan sponsors are often surprised to learn that when their advisor, TPA, and recordkeeper disagree,...
Every retirement plan provider now talks about AI, personalization, and “smart” tools. Plan spo...
