Scapegoating is the practice of singling out any party for unwarranted negative treatment or blame. It can be traced to the Bible where the Israelites cast away goats during the Day of Atonement after having “transferred” the sins of the people to the goats. When it comes to retirement plans, the retirement plan sponsors and the individual trustees as plan fiduciaries are always to blame if something goes wrong with the plan. However, the fiduciaries are no scapegoats because the nature of that position makes that blame warranted.