Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Why 401(k) Plans Are Doomed from the Start
Forbes; subscription may be required [Opinion] Aug. 16, 2011
The mistakes of plan participants and plan sponsors prevent most 401(k) plans from providing meaningful retirement income. The '401(k) industry' has made a killing off the current system, which has made the problem worse. The Department of Labor has provided written guidance as to what to do to address these issues, but too few plan sponsors are aware of this guidance or have embraced it.
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