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Plan errors are more likely than fiduciary breaches

If you read my writings, you know that fiduciary liability is one of the plan sponsor’s more impo...

The problem of free or cheap plan documents

As an ERISA attorney who drafts plan documents at a flat fee, my biggest competitors are not other ...

Plan sponsors simply can’t overpay

When I was 13 and I had my Bar Mitzvah, I plucked down about $2,000 in 1985 money for a state-of-th...

Balances were down

The stock market went down in 2022, so no surprise, so did 401(k) account balances. According to...

Fees need to be benchmarked

I had a contractor work on my house for a couple of projects. Frank installed a new front door, ins...

The Problematic Loan Provision

They often say that the road to hell is paved with good intentions. I don’t know who said it firs...

A Defined Benefit Plan isn’t about selling insurance

While the talk about retirement plans is usually centered on 401(k) plans, the value of a defined b...

The lawyer letter

When I was at law school, I was the editor of the student magazine there and I broke the story abou...

Get those affiliated service issues straightened out

As a 401(k) plan sponsor, you need to make sure that all your plan providers understand any ownersh...

Never let anyone assume you’re embezzling

I know two retirement plan providers in Federal prison for embezzling retirement plan assets. They ...