For a lot of retirement plan sponsors, “amend the plan document” has lived on the same to-do list as “clean out the storage closet” — worth doing, though not urgent. That's about to change. December 31, 2026 brings the...

Contracts form the foundation of nearly every key relationship in business, from vendor agreements and client service plans to partnership arrangements. But when one party fails to deliver on their promises, a breach of contract dispute can disrupt daily operations,...

We all know we should have at least a rudimentary plan for our families and assets in case disaster strikes, but it’s hard to get started. Here’s help in the form of a rundown of the vocabulary commonly used in...

When you sponsor a retirement plan regulated by the Employee Retirement Income Security Act (ERISA), you're responsible for decisions that benefit participants — and that includes making sure plan fees stay reasonable. This is part of your fiduciary duty of...

When creating an estate plan, most people are initially focused on who gets what. But there is an equally critical question that often gets sidelined: Who will actually carry out your wishes? Designating the right fiduciary—and preparing them ahead of...

Fulfilling fiduciary obligations around cybersecurity requires plan sponsors to oversee a complex network of recordkeepers, payroll systems, and custodians. With so many partners involved, answering "who can access what data" is rarely straightforward. Toward improved oversight, ERISA experts suggest three...

Manual data entry and rework. Delays in capturing costs from the field. Inaccurate work in progress (WIP) forecasting. Sloppy tracking of change orders. Payroll system not integrated with job costing. These are five “margin killers” that are often hiding in...

If someone else is holding onto property that's rightfully yours — a piece of equipment, a repossessed vehicle, financed machinery — waiting for a lawsuit to fully play out isn't always realistic. That's where replevin comes in, and where a...

When you sponsor an ERISA-regulated retirement plan, it's easy to get buried in compliance details and litigation risk management — and lose sight of what actually matters: making sound decisions and monitoring results. Here's a closer look at what that...

What every small business owner sponsoring a retirement plan needs to know about personal risk If you run a small business and sponsor a 401(k) for your employees, you may assume that your modest plan size keeps you under the...