Author Archives: stevepatterson

Click here or blue link below for PDF. Why you shouldn’t hire…?    http://www.jdsupra.com/legalnews/why-you-shouldnt-hire-your-payroll-comp-52248/

ABB Mismanagement Cost 401(k) Plan $35.2 Million, Judge Says http://www.bloomberg.com/news/2012-04-03/abb-mismanagement-cost-401-k-plan-35-2-million-judge-says-1-.html

S&P has bad news for this year’s top-performing funds S&P has bad news  (opens PDF DOCUMENT)   Link below requires ADDITIONAL login information http://www.investmentnews.com/article/20131217/FREE/131219915&utm_source=indaily-20131217&utm_medium=in-newsletter&utm_campaign=investmentnews&utm_term=text  

On November 5, 2013, employees of Massachusetts Mutual Life Insurance Company (“MassMutual”) filed an ERISA class action lawsuit against their employer alleging self-dealing and excessive fees. (continue reading…) http://blog.fraplantools.com/new-excessive-fee-case-filed-by-massmutual-employees/?goback=.gde_2501193_member_5803678511394738178#%21  

http://www.benefitspro.com/2013/06/24/excessive-fee-case-settles-for-35-million

Dan Solin: Experience Counts: Except When Selecting Mutual Funds http://www.huffingtonpost.com/dan-solin/experience-counts-except-_b_3810559.html?utm_hp_ref=business

http://www.fa-mag.com/news/401-k–investment-confidence-doubles-with-advisor-help–survey-finds-15189.html?section=131

http://www.lagerco.com/401k-advice-for-individuals-how-i-helped-develop-the-market/

JACK BOGLE: An Elegantly Simple Formula Shows Why Passive Investing Will Earn  Higher Returns Than Active Investing Read more:  http://www.businessinsider.com/bogle-elegantly-simple-formula-for-passive-investing-2013-8#ixzz2d8XOE3KL

 Plan sponsors: “We didn’t make the fiduciary threat up, it’s real” – by Ary Rosenbaum, JD “During fiscal year 2012 (October 1, 2011 – September 30, 2012) EBSA closed 3,566 civil investigations. Of these, 2,570 (72.1 percent) resulted in monetary … Continue reading →