With open enrollment season right around the corner employers are beginning to review their employee benefits for the upcoming 2020 year. With the ever rising costs of health care, both employers...
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Recordkeepers and Disclosure to Clients
Sep 19, 2019
Retirement plan litigation is on the upward trend with no signs of slowing down. Most of these cases involve excessive fee or proprietary fund claims. Many defendants are settling for millions...
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On July 17, 2019, the IRS released Notice 2019-45 which expands the definition of preventive care under a High Deductible Health Plan (HDHP) to include services and items for specific chronic...
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BPAS PAYS TRIBUTE TO EUGENE MALONEY
Jul 23, 2019
On behalf of Paul Neveu, the BPAS professionals in our Pittsburg office, and all of our employees, we extend our heartfelt condolences on the news of the passing of Eugene Maloney....
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Over the past several years, Multiple Employer Plans (MEPs) have received quite a bit of attention in Washington, as well as among retirement plan professionals. With varying statistics pointing toward some...
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How Elite Advisors Target the $10mm+ Retirement Plan Market
Recent disruption in the upper end of the small-mid size plan market has created greater opportunity for specialist advisors to capture larger plan business. Plan provider mergers, fee compression and the move to more passive fund lineups have upset the traditional business model of the investment-based provider.
Jun 19, 2019
Many financial advisors and bank trustees have found success in the small 401(k) market. In most cases, the decision to hire an advisor is built on a previous business or personal...
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Retirement Through the Years
My great aunt recently turned 103 years old. From walking to school to watching walks on the moon, from a chicken in every pot to a smart phone in every hand, she’s certainly seen a lot! When we look at retirement through her eyes, that has certainly changed too.
Jun 10, 2019
My great aunt recently turned 103 years old. From walking to school to watching walks on the moon, from a chicken in every pot to a smart phone in every hand,...
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Mashed-Potato Pricing in DC Plans: How to Reclaim the Upper Hand
The goal of a fiduciary process is not to offer the cheapest fees, but rather determine what services the plan needs, then find the best quality of services at reasonable, competitive fees—driving value for the plan. We’ve allowed the selection of retirement plan service providers to slip into “mashed potato pricing”.
May 22, 2019
Creative practices by providers in how they bid retirement plans are great. But, how much additional liability do they create for plan sponsors? Let’s say you want to add a spare...
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In the Spotlight With Nancy Melcher
As President and CEO (Chief Engagement Officer) of MOR Strategy Partners, Nancy brings invaluable experience and outside-of-the-box thinking about the art and science of optimizing engagement with employer and employee audiences alike.
May 20, 2019
With the 6th Annual BPAS Partner Conference just around the corner, we’re shining the spotlight on one of our new speakers—Nancy Melcher. As President and CEO (Chief Engagement Officer) of MOR...
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Retirement Readiness: Preparing for Our Retirement Dream
How far out from retirement you are can have a big impact on your retirement readiness and what steps you can take to try to right the ship if you will. While there is no one quick fix or simple solution to preparing for a successful retirement here are a few tips to help along the way.
May 14, 2019
Many of us struggle with our retirement planning. Am I saving enough? How should I be invested? How much will I need in retirement? Or, perhaps you fall into the camp...
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