DailyPost
close
DailyPost

You're browsing category: For 401(k) Plan Sponsors

Tell your TPA the whole story

There are good third-party administrators (TPAs) and bad ones. No matter how good your TPA is, they...

by Ary Rosenbaum, That 401(k) Guy

Plans paying more? Well, yeah

I read that a recent study showed the 80% of 401(k) plans are overpaying in fees. Tell me something...

by Ary Rosenbaum, That 401(k) Guy

Get that Final 5500 done ASAP

When a plan terminates and distributes all its assets or merges all its assets into another plan, y...

by Ary Rosenbaum, That 401(k) Guy

The issue with 3(16)

Over the last few years, we’ve seen the proliferation of companies offering ERISA §3(16) service...

by Ary Rosenbaum, That 401(k) Guy

Terminate the plan before the deal

Company A wants to buy Company B and everyone wants to terminate Company B’s 401(k) Plan. In an i...

by Ary Rosenbaum, That 401(k) Guy

A good plan provider will admit they’re wrong

A long-time advisor-client called with a chuckle that both he and I were right and a partner at a l...

by Ary Rosenbaum, That 401(k) Guy

There is no such thing as free administration

In England, many of the top pubs are owned by British breweries because watering holes are an effec...

by Ary Rosenbaum, That 401(k) Guy

I hate short plan years

When drafting new 401(k) plans for clients during the middle of the year, I like drafting them with...

by Ary Rosenbaum, That 401(k) Guy

I wish the DOL would act over TPA termination

It’s all friendly between the plan sponsor and the Third-Party Administrator (TPA) until the plan...

by Ary Rosenbaum, That 401(k) Guy

Filing that late 5500 can be a weapon of mass destruction

Missing that deadline to file a Form 5500 is a huge problem. Sometimes people forget even when the ...

by Ary Rosenbaum, That 401(k) Guy