Top of Mind


26

Jan 2017

Tools You Can Use: That401ksite

In short, I have seen the future of retirement plan websites, and its name is that401ksite.Okay, perhaps Ary Rosenbaum, a prominent retirement plan attorney at The Rosenbaum Law Firm, P.C., is not quite to retirement websites as what Bruce Springsteen was to the future of rock and roll, but if I wer…

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19

Jan 2017

Is This the Beginning of the End for Revenue Sharing?

A number of recent articles have opined that revenue sharing is being eliminated by some large plan sponsors, and that small and mid plan sponsors may follow. With a number of mutual fund families introducing zero-revenue sharing share classes of funds where none existed previously, some have even s…

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12

Jan 2017

Is Your Recordkeeper Seeing the Entire Field?

Recently, I had the privilege of watching the football team of my alma mater, Northwestern University, play in the Pinstripe Bowl at Yankee Stadium.  It was the first college football game I have attended since I graduated a long time ago. I have, however, seen my alma mater play football ma…

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05

Jan 2017

New Year's Resolutions

One thing that I have learned in my 25 years at Cammack Retirement Group is that, well, I am always learning!  In that light, I wanted to share my personal New Year’s resolutions as to how I hope to learn and grow in 2017: I resolve to talk less and listen more.  When you’ve spent as mu…

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22

Dec 2016

Santa Responds!

It’s his busiest time of year, but Santa managed to respond to my letter from last week: Dear Michael: Greetings from the North Pole!  While I do not normally provide written responses to the huge volume of letters that I receive this time of year, your letter was, shall I say, a b…

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15

Dec 2016

My Letter to Santa

Dear Santa: Though I am not one to toot my own horn, I suspect that, based on my overall activity as a retirement plan consultant and our firm’s client satisfaction scores from the past year, I am a solid candidate for your year-end “nice” list.  As such, I would like to make the following h…

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08

Dec 2016

What’s All This Fuss About Church Plans?

One of the leading areas of retirement plan litigation of late involves religious hospitals that are being sued over the “church plan” status of their pension plans.  The lawsuits are complicated, but the fact pattern is generally the same: a religious healthcare organization has claimed “churc…

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01

Dec 2016

Recordkeeping Fee Allocation

My colleague Earle Allen recently wrote an article on the latest trends in fee allocation.  As plan sponsors address the increasingly important issue of whether recordkeeping expenses should be paid as a percentage of assets, a fixed-dollar fee, or a combination of both, I wanted to provide som…

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23

Nov 2016

Thanksgiving Edition

As we prepare for the Thanksgiving Holiday, there are many things for which I am thankful. While most have absolutely nothing to do with retirement plans, I thought I would share the ones that are retirement-related: 403(b) plan sponsors are eliminating the 15-year catch-up election in droves &md…

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17

Nov 2016

Trump and DOL Fiduciary Rule Déjà Vu

When it became clear that Donald Trump had been elected as our next president, I imagine that the first thought for many was, “What is going to happen to the DOL Fiduciary Rule?” Okay, maybe that was not quite the first thought!

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