The Real And Exaggerated Threats To A 401(k) Plan Sponsor

Ary Rosenbaum

When I started my practice more than 10 years ago, I would post articles on some of the LinkedIn groups talking about 401(k) plan sponsor liabilities. One person who was not even a retirement plan provider accused me of spreading fear because I talked about issues such as plan costs, revenue sharing, and other fiduciary liability problems, and that was a couple of years before they became big issues. Unlike many other plan providers out there, I don’t exaggerate the liability threats out there because there are several out there that have less of a chance of happening to a small or medium-sized 401(k) plan than a direct lightning strike to someone. This article is all about threats to a plan sponsor, exaggerated and not.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Ary Rosenbaum, The Rosenbaum Law Firm P.C. | Attorney Advertising

Written by:

Ary Rosenbaum

The Rosenbaum Law Firm P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.