The Argument for a 3(16) Plan Administrator, Now
The DOL’s pace of enforcement has produced staggering numbers. For example, in fiscal year 2011, the Employee Benefits Security Administration (“EBSA”), which is the enforcement arm of the DOL, collected over $1.3 billion in fines and asset recovery from ERISA...401(k) Fee Structures Just Cracked!
Settlement of the Beesley v. International Papers fiduciary lawsuit cracks the foundation of the 401(k) industry’s primary pricing structure. Embedded within the $30 million settlement is an agreement by the plan’s sponsor that it will not pay fees to a...Is the DOL forcing a change in the Plan Administrator role?
The DOL’s pace of enforcement has produced staggering numbers. For example, in fiscal year 2011, the Employee Benefits Security Administration (“EBSA”), which is the enforcement arm of the DOL, collected over $1.3 billion in fines and asset recovery from ERISA...Contact us…
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