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Participants Aren’t Lazy—Your Plan Is Just Too Optional

Plan sponsors love to say participants don’t engage. They don’t enroll, don’t increase deferr...

The Most Expensive Words in Retirement Plans: “We’ll Fix It Later”

There are phrases in the retirement plan business that should set off alarms. Not the obvious ones...

Your Annual Plan Review Is Probably a Waste of Time

Every year, plan sponsors sit through the annual 401(k) review. There’s a deck. There are charts....

Why “No Complaints” From Employees Doesn’t Mean Your Plan Is Successful

One of the most common things plan sponsors say is, “We don’t get any complaints about our 401(...

Your Annual Plan Review Is Probably a Waste of Time

Every year, plan sponsors sit through the annual 401(k) review. There’s a deck. There are charts....

When a Retirement Plan Audit Finds a Problem

For plan sponsors subject to annual retirement plan audits, the audit process can feel intimidating...

The Fiduciary Duty Plan Sponsors Can’t Delegate

Many plan sponsors believe that once they hire a recordkeeper, TPA, or investment advisor, their fi...

Why Retirement Plan Mistakes Are More Common Than Plan Sponsors Think

Many plan sponsors assume that once a retirement plan is established and service providers are hire...

ERISA Doesn’t Care That You’re Busy

Plan sponsors are busy people. Running a business involves managing employees, customers, vendors, ...

Your 401(k) Plan Isn’t “Fine.” It’s Just Quiet.

I can’t tell you how many times I hear this from plan sponsors: “The plan is fine. No one’s c...