Our Blog - Surety Matters

  The words “fiduciary breach,” conjure something big going wrong with the company-sponsored retirement plan, resulting in headline-making allegations. In reality, a painful, “regular,” plan sponsor error, failure to have the ERISA fidelity bond as…
Read Moreabout The Importance of ERISA Bonds

  Just as retirement plan sponsors must deeply understand and comply with ERISA, so too must each and every member of a retirement plan committee. Regular meetings, education, training, and follow-up are best practices. Committee…
Read Moreabout Committee Duties and Training

  Litigation related to employee benefits is a growing area of risk for businesses, and, when allegations are made, sound defense is a must. Consider, for example, that in cases brought against retirement plan sponsors,…
Read Moreabout Prove It: Defense Is a Must

  Given the massive breadth of the SECURE 2.0 Act of 2022, analysis has taken some time, but experts are starting to predict that the greatest potential impact on retirement outcomes will be derived by…
Read Moreabout SECURE 2.0: Understanding The Impact

  Pension Linked Emergency Savings Accounts, aka PLESAs, were made possible by a provision in the SECURE 2.0 Act, which became effective at the start of 2024. To help plan sponsors understand and correctly implement…
Read Moreabout Retirement Plans and Emergency Savings?

  Fees, litigation and even criminal indictments are all possibilities for plan fiduciaries when the Department of Labor uncovers ERISA violations. Since civil penalty amounts are adjusted for inflation, the stakes are going up. Read…
Read Moreabout Increased Penalty Fees

  The more every business (and person in it) uses technology, the bigger the “attack surface” for cybercrime becomes. Last year’s massive MOVEit data breach, compromising data at over 600 businesses, sounded an alarm: whether…
Read Moreabout A New Job for Plan Sponsors: Cybersecurity

  All employer sponsored defined benefit plans pay insurance, with premiums set by Congress to the Pension Benefit Guaranty Corporation, which is an agency of the U.S. Government. Read on for insights about how PBGC…
Read Moreabout Reducing PBGC Plan Premiums?

  Set it and forget it is not a best practice for retirement plan sponsors. If it’s been a while since you have given the plan some real attention, chances are strong that much has…
Read Moreabout Plan Outcomes vs Business As Usual