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Managing Your Plan is all about a process and not a result

  We’ve been conditioned in life that everything is about results. I know from law school the...

Clearing up my views on producing TPAs

A few weeks back, I published a blog post on some third-party administrators (TPAs) are not really i...

Compensation is such a huge issue in 401(k) plans

When I look at plan errors, one major area of a plan keeps coming up: compensation issues. Compensat...

You need a tough love provider

I always believe that the two worst things that you can give people are false praise and false hope....

The Problem of the inefficient plan design

When you start fixing up the house (for me, a never-ending battle) and replacing appliances or items...

The De-Conversion Process is an eye opener

More than 20 years ago, I was the Executive Editor of my law school’s news magazine. In one of my ...

The Problem with 3(16)

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

Details those hardship requests

When I draw up a new 401(k) plan for a client, I tend to be liberal in distribution provisions by al...

Don’t panic if a provider you knows gets sued, but….

  As a plan sponsor, you’re always going to run into another plan provider that is interested...

Don’t let the best employees be low in the pecking order

I’m a big fan of Survivor since day one. One of the more memorable seasons in the beginning was th...