• IRS Versus DOL Regulators - How to Be Prepared as a 401(k) Plan Sponsor

    There are two primary regulators for retirement plans the Internal Revenue Service and the Department of Labor and you as a Fiduciary need to know how they look at a 401(k) Plan Sponsor and its Fiduciaries. Learn what they look for, what you can do now, how to be prepared and how to deal with them when they come calling on---you.

  • Who is a 401(k) Fiduciary and What Does It Mean?

    If you become a Fiduciary or think you may be one this is a must read article to know what it means to you professionally and personally. The paper goes in depth to explain what is involved in being a Fiduciary and how you will be viewed by the regulators.

Press:

Mentioned/Quoted in the Press

  • Avoid Litigation By Helping Plan Sponsors Become Better Fiduciaries by Deborah Castellani, CFA, NAPFA Advisor, July 2014

    While 401(k) plans continue to grow in popularity, so has the immense scope of complexity surrounding compliance.  lately there's more attention and scrutiny from regulators and lawyers, making it imperative for lan sponsors to understand their fiduciary roles, the overall process, and how to Safeguard themselves before an examination.

  • 401(k) Regulators Knocking? by Deborah Castellani, CFA, HRO Today, May 2014  (Click here for pdf version)

    While 401(k) plans continue to grow in popularity, so has the immense scope of complexity surrounding compliance.  lately there's more attention and scrutiny from regulators and lawyers, making it imperative for lan sponsors to understand their fiduciary roles, the overall process, and how to safeguard themselves before an examination.

  • Industry Product of the Week – The FIRE System by Robb Smith, AIFA RS, Fiduciary Solutions. The Prudent 401(k) Blog,  April 11, 2014

    It is always a pleasure to introduce workplace plan fiduciaries (also called Stewards) and plan advisors to industry-related products and services that may make their fiduciary-related work easier, while potentially enhancing plan participant retirement income security.

  • Is Your Retirement Plan In Compliance With Federal Law? by Hannah Hamilton, MonsterThinking, April 7, 2014

    In February, BenefitsPro reported that the U.S. Department of Labor “collected $1.69 billion in fines, voluntary fiduciary corrections and informal complaint resolutions, a 33 percent increase over 2012’s $1.27 billion tab.”

  • New 401(k) tool helps fiduciaries maintain compliance by Paula Aven Gladych, BenefitsPro, March 5, 2014

    OTB Strategic Consulting will launch on March 11 The FIRE System, an online 401(k) self-assessment tool for plan fiduciaries that quickly finds areas of non-compliance and provides solutions to correct them.

  • Learn From AOL's Missteps by Joanne Sammer, SHRM, March 3, 2014

    When AOL Inc. CEO Tim Armstrong announced that the company would switch from matching employee 401(k) contributions each pay period to providing a lump-sum match at the end of each year, the way he framed the announcement could not have been worse.