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“Click Here?” Fiduciaries: Is Your Retirement Plan’s Website/Portal User-Friendly?

These days, nearly everything – and everyone – is online, including retirement plan participants. Participants can use their plan’s websites or online portal to do just about anything – enroll (or disenroll), make or change...more

Hey, Retirement Plan Sponsors: Want a Happy New Year? Use Your 2020 ‘Downtime’ to Do a Retirement Plan ‘Checkup’

Every year about this time, when the holiday season is just beginning and the new year is around the corner, all good qualified retirement plan sponsors (and plan administrators) ask: “Have we adopted all the IRS-required...more

ERISA Litigation Isn’t Slowing Down – Tips to Help Plan Fiduciaries Keep Ahead of It

Just two months into 2020, the incidence of ERISA fiduciary breach lawsuits shows little sign of slowing down. Over the past three months alone, more than half a dozen new class action lawsuits have been filed, targeting the...more

Summary Plan Descriptions: You Gotta Have Them, So Make the Most of Them

Administrators of plans subject to ERISA (including plans sponsored by for-profit and nonprofit businesses and organizations) must provide participants and beneficiaries with summary plan descriptions (“SPDs”) describing “the...more

“But Our Vendor Handles Everything — How Can We Still Have Fiduciary Liability?”

As the rules governing retirement and health plans grow more complex, employers often need professional help in order to keep up with the day-to-day management of the employee benefit plans they sponsor. From third-party...more

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