One of the great idioms out there is that “the devil is in the detail.” It means that there is a catch in the details, which means something might be simple at first look, but it’s not. Plan sponsors need to know the devil in the detail because there are plan providers out there that will advertise their services and neglect to tell the plan sponsor the devil in the details, which is usually hidden in the contract. This article is about informing plan sponsors what they should consider when presented by a provider about their services because many times, what is offered isn’t what’s being promised. As with any business, there are a few snake oil salesman out there that are trying to sell snake oil or a magic bean to plan sponsors. A plan sponsor has the fiduciary duty to find out what type of services they’re getting. So this article is to illuminate the details that most plan sponsors will actually neglect.