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IRS has a tough time with the 5500 “zig zag”

The Internal Revenue Service (IRS) doesn’t read the 5500s, but the Department of Labor (DOL) does...

by Ary Rosenbaum, That 401(k) Guy

The bonus problem

Bonuses are nice, I wouldn’t know because in the 11 years I was an employee, I got $300 for the h...

by Ary Rosenbaum, That 401(k) Guy

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