Our Blog - Surety Matters

  Improper use of the ERISA Budget Account associated with an employer sponsored 401k plan, even if merely a mistake, is a fiduciary failure which can lead to investigations, penalties, and criminal charges brought by…
Read Moreabout Proper Use of the ERISA Budget Account

  Plan sponsors have always had a lot to juggle but lately the juggling has gotten harder. If you are feeling the stress, you are not imagining it: the scurry around SECURE 2.0, pending new…
Read Moreabout Juggling Act?

  Here’s a scary reality: cyber criminals are using ChatGPT to up their game. In fact, novices are even using ChatGPT to write malware. Phishing emails? Yes, ChatGPT is writing those too. Cybersecurity experts remind…
Read Moreabout Cyber Threat Acceleration: ChatGPT

  A recently filed ERISA lawsuit underscores a scary reality: essentially anyone, and everyone, involved in the management and administration of a retirement plan can be personally named in the allegations. In addition to sweeping…
Read Moreabout Anyone–and Everyone: ERISA Lawsuits

  A comprehensive new analysis from Georgetown University’s Center for Retirement Initiatives points to opportunities for target-date funds to increase returns by adding illiquid options to the mix and calls on regulators to provide a…
Read Moreabout Missed Opportunity: Asset Diversification

  Social engineering tactics in use by cybercriminals rely on us to be human, and thus vulnerable to emotions like excitement, fear or urgency. As a result, cybercriminals do not have to be wizards on…
Read Moreabout Hacking People? Social Engineering!

    As every retirement plan sponsor knows, careful stewardship of the savings of participants is not just the right thing to do: it is a fiduciary duty governed by ERISA. With more and more…
Read Moreabout Wronged Participants?

  That’s what juggling benefit plan regulations, existing and emerging often feels like to plan sponsors– are not they’re not alone. Assistant Secretary of Labor, who leads the Employee Benefit Security Administration (EBSA) describes efforts…
Read Moreabout Regulatory Jenga?

  Although courts have dismissed some of the excessive fee allegations against retirement plan fiduciaries, claims show no sign of stopping. In fact, ERISA experts point out that lawyers for plaintiffs, having learned from the…
Read Moreabout Flawed And Reckless Provider Selection?