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What all good 401(k) plans have

There are so many articles for plan sponsors (I’ve written quite a few) where they go on and on ab...

Picking a TPA just on price is one of the biggest mistakes you can make

Many years ago, I started the idea of creating a law firm that intended to be the Wal-Mart of legal ...

Out of the box only causes trouble

  This is Spinal Tap has the great line that “there is a fine line between being clever and s...

Avoid the box of gimmicks

I watch a podcast called Something to Wrestle with former WWE creative mind Bruce Prichard and he in...

Keep it Simple, Stupid

When it comes to drafting plan documents, I always say K.I.S.S.: keep it simple, stupid.   Any ...

The need to avoid the old mistakes of Open MEPs

As we await the Department of Labor’s (DOL) guidance pursuant to President Trump’s executive ord...

Make sure participant records are secure

Being a plan sponsor is difficult because you’re a plan fiduciary which requires the highest duty ...

The problem with committees

Many articles talking about good retirement plan practices will talk about the need for employers to...

Sure it’s the employer’s fault, but come on now

With plan administration, there are so many mistakes that can be made and most of the time, it’s t...

Speak up or it won’t get better

Many years ago, I was an associate at a law firm that worked with a third party administration (TPA)...