The Gold Standard

Last week, a blog post entitled, “Are 3(16) Plan Administrator Arrangements a Sham?” delineated the difference between a selective 3(16) service provider (who absorbs only a small amount of plan sponsor responsibility) and a full-service 3(16) provider (who agrees to...

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...
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