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Plan sponsors are seeking fiduciary services

When I was in law school at American University and we moved into a new building (25 plus years lat...

Make sure the audit is independent

Retirement plans with more than 100 participants (I won’t mention the 80/120 rule) have a require...

Don’t hire family as a fiduciary

I have some simple rules to live by. I never bet on the Mets, eat Olive Garden or Red Lobster, or d...

It’s one of those Safe Harbor quirks

A safe harbor matching contribution should have the same eligibility as deferrals if you want that ...

Consider a cybersecurity policy and procedure

With the Department of Labor (DOL) focusing on cybersecurity, I think it’s prudent for plan spons...

Check those credentials

Whenever I hear about someone getting caught lying about their resume or credentials, I am always a...

The late 5500 needs that DFVCP application

With the initial 5500 deadline coming and going and October 15th around the corner, it makes sense ...

Consider a cybersecurity policy and procedure

With the Department of Labor (DOL) focusing on cybersecurity, I think it’s prudent for plan spons...

Anyone can be a TPA

With apologies to Tod Higgins (played by Keanu Reeves) in “Parenthood”, you need a license to p...

Nothing controversial about vesting

An article from one of the news sources I enjoy about retirement plan news, had an article about wh...