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Committee Conundrum

It sounded like a great idea at the time. An alumni association for a student organization was bein...

Long Time Part Time Change will be a mess

They say change is good. Some changes are good, and some changes have growing pains. I’m a big fa...

There are horror shows out there

Most errors I have seen through plan audits are typical. It’s usually late deferrals or a screw-u...

It doesn’t matter where your plan provider is

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is...

Get fiduciary liability insurance

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surpri...

The auditors can make a mistake and not admit

For plans that require an independent audit, the point of the audit is to determine the financial h...

Confirm what the auditor says

If you have a retirement plan with more than 100 participants with account balances, you probably h...

In the end, it’s on you

One of the thankless parts of my job is dealing with plan sponsors with large issues and no sense o...

Bed Bath and Beyond employees get that dreaded market value adjustment

Stable value funds provide great returns, much better than money market accounts. There is a price ...

There is a strike against technology savvy TPAs

I have been working as an ERISA attorney since 1998. While the laws, regulations, and technology ha...