What makes me a very unpopular person in the retirement plan business and synagogue is that I’m very opinionated and I like to call it where I see it. Years ago, I was working for a producing third party administrator (TPA) in New York City and upon leaving, I said that revenue sharing would be phased out, fee disclosure would be a reality, and the TPA would be out of business in 5 years. I was right about everything except that the TPA went out of business in 3 years. Now I only wish I could predict next week’s Powerball winning numbers. The fact that is some hard facts about the retirement plan business and I’m not one to sugarcoat them. It reminds me of the line when Dr. Rumack asks Elaine: “Elaine, you're a member of this crew. Can you face some unpleasant facts?” Elaine responds: “No.” So whether you can deal with it or not, here are some unpleasant facts or hard truths. Don’t worry; I’m still on some conference blacklists either way.