Tag Archives: Employee Benefit News columns

The new retirement plan currency: interfacing the payroll system with 401(k) administration

Pardon the pun, but more employers are indeed achieving cost and operating efficiencies when the payroll system and 401(k) administration can directly talk to each other. In the unconnected world, there are a multitude of steps that need to be done in order to get the employee’s 401(k) contribution into the 401(k) recordkeeper’s platform. With … Continue Reading

401(k) fees: not just the who and how much, but the what

Unlike the money belt pictured above, the dollars charged for 401(k) services will start to become more apparent under the recently published Department of Labor Interim Final Regulation on Improved Fee Disclosure.  Going forward, I’ll be commenting on the new rules as they start to impact service providers, plan sponsors, and employees. That’s I call … Continue Reading

The 2009 Retirement Plan in Review: The Good, The Bad, and The Ugly

    It’s that season of the year. No, not the obvious holiday season, but the award show season. And I’ve got my own called, The Retirement Plan Year in Review: The Good, The Bad, and The  Ugly. The reference is, of course, to Sergio Leone’s classic 1966 movie, considered the greatest of the Italian … Continue Reading

Lost in translation: 401(k) investment education programs

That’s Chicago’s own Bill Murray and Scarlett Johansson pictured in a scene from Lost In Translation, the 2003 movie in which they co-starred. I’ll skip the movie review and just describe it as writer/director Sofia Coppola’s story about Murray and Johansson playing two people out of sorts with Japan, the country they find themselves visiting. … Continue Reading

The practical side of being a fiduciary

That’s Les Stroud pictured above whose TV show, Survivorman, is one of my favorites. One of my other favorites is Bear Gyylls show, Man Versus Wild.    Both are survival experts who go toe-to-toe with some of the harshest environments on the planet and come through alive. So if you’ll grant me some editorial license, Les’s picture is the visual metaphor I’m … Continue Reading

Automatic 401(k) enrollment update

Here is a link to my column in the May issue of Employee Benefit news about how automatic enrollment in 401(k) plans boosts 401(k) participation. (Free registration may be required). This is the first of the monthly columns I will be writing for Employee Benefit news – an employee benefit publication which provides free newsletters, seminars and podcasts … Continue Reading