How an Employer can detect if their Retirement Plan Provider is Breaking Bad

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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I am the last to know anything, so I binge watched the television series Breaking Bad months after the series had concluded its run on the American Movie Classics cable channel. Needles to say, I was mesmerized on how a nice and dying chemistry teacher named Walter White became a heartless methamphetamine drug lord. The show haunted me like no other show did. It’s the modern day version of Michael Corleone, someone who is so good that turns so bad. When it comes to retirement plan providers, it is my belief that the bad providers didn’t start that way; they simply broke bad like Walter White. There are ways for plan sponsors to avoid having plan providers break bad when they are still clients of these providers, this article give you some insight.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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