For years, forfeitures were treated like found money in 401(k) plans. Someone leaves before vesting, the plan keeps the unvested employer contribution, and no one loses sleep. Then came the lawsuits. Plaintiffs have begun challenging how forfeitures are...
When a 401(k) lawsuit is filed, the first thing plaintiffs’ counsel asks for isn’t your investment returns. It’s your committee minutes. That surprises plan sponsors. It shouldn’t. ERISA litigation is less about outcomes and more about process. ...
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...
Low participation rates. Weak deferral levels. Participants who never log in unless something goes ...
Every plan sponsor knows the feeling, employees come and go, but their 401(k) balances often stay b...
