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401(k) plans add Roth, but participants aren’t

About 75% of 401(k) plans allowed employees to save money in a Roth account in 2019, but participant...

Xerox hit with ERISA lawsuit

I’m old enough to remember when a photocopy and Xerox were considered the same. Xerox was a brand ...

40% of plan participants don’t know what their fees are, most of the other 60% also have no clue

According to the Government Accountability Office (GAO), about 40% of 401(k) plan participants donâ€...

SEC Action on cybersecurity are just a harbinger of things to come

I’ve said it for a long time. It’s imperative that plan sponsors and plan providers wake up abou...

That 401(k) Conference comes to Vegas this January

That 401(k) Conference will make its way to Las Vegas on Friday, January 21, 2022. This event will b...

Solo 401(k) plans can be a big mess

Solo 401(k) plans were a great opportunity for owner-employees to offer a plan for themselves (as we...

FPS rebrands as IPX

Retirement plan services provider FPS Group has changed its name to IPX Retirement. FPS Group has be...

Some guidance on retroactive plans

One of the most annoying parts of being an ERISA attorney was the requirement that new retirement pl...

AON-Willis Tower Watson Merger is Kaput

The proposed merger of Aon and Willis Towers Watson (WTW) has been terminated. Both firms say they h...

Biden nominates Gomez as EBSA head

Some birds aren’t mean to be caged (a line from The Shawshank Redemption) and some attorneys weren...