by Dave Hoshour | Nov 10, 2015 | Blog-Investments
Novant Health of Charlotte, NC, which was the object of a class action lawsuit brougt by plan particpants and lawyer Art Schlicter, just agreed to settle for $32 million plus a max of $10.6 million in plaintiff’s attorney’s fees. The class action lawsuit...
by Dave Hoshour | Nov 2, 2015 | Blog-Investments
FEATURE FOCUS – AUTO-ENROLLMENT How it Works When a plan sponsor adds auto-enrollment to a plan, it makes the default option for newly eligible employees to participate rather than not participate. Employees are contacted 30-90 days prior to them being eligible and...
by Dave Hoshour | Jun 11, 2015 | Blog-Investments
So, M/M CFO or CEO, you run a tight ship on costs, right? You negotiate good contracts with employees and vendors. You’re tough on costs. So, why does your 401(k) have a cost structure, in place for years, in which your plan costs automatically increase each...
by Dave Hoshour | Jun 1, 2015 | Blog-Investments
Here’s a very brief article from the Benefits Law Advisor that lists some best practices for those at your company in charge of the 401(k) plan. These are cornerstone practices of my approach which I strongly recommend to my clients and to plans that I am...
by Dave Hoshour | May 19, 2015 | Blog-Investments
With huge importance for those responsible for their company 401(k), the US Supreme Court ruled unanimously on Monday that retirement plan administrators have an ongoing obligation to monitor plan investments and remove imprudent ones, that funds must be in the lowest...
