"On July 24, 2025, the [DOL] released a document with respect to pooled employer plans (PEPs) that included a general description of PEPs and how they work, 'limited interpretive guidance,' a set of 'Fiduciary Tips for Small Employers Selecting a PEP,' and a request for information (RFI)  ... In this article, after a review of some PEP 'basics,' [the authors] focus on DOL's review of and guidance with respect to employer and provider fiduciary obligations with respect to a PEP."  MORE >>

"This article about the Executive Order on Alternative Assets was written by ChatGPT. [Mr. Reish[ thought it would be interesting to see what it, with its infinite database, had to say about the EO.... [His] prompt to ChatGPT was: Please summarize the EO, explain its significance, predict what will happen, discuss the possible problems and benefits."  MORE >>

"Plan Sponsors that do not want to add a Roth provision to their plan do not need to do so, nor do they need to stop permitting catch-up contributions. However, only non-HPIs would be able to make catch-up contributions under such plan.... Plan Sponsors will need to monitor who is an HPI and ensure that they are not permitted to defer more than the deferral limit ... A plan can provide that, in the absence of an affirmative election to the contrary, HPI participants will be deemed to have irrevocably elected that their catch-up contributions will be Roth.... There are three ways in which a Plan Sponsor may correct an HPI's pre-tax catch-up contributions."  MORE >>

"Yes. The $7,000 threshold is merely a maximum amount for the mandatory small balance cashout provision for terminated employees; plan sponsors are free to set the amount anywhere up to $7,000."  MORE >>

"[S]tarting no earlier than next July, the 'One Big Beautiful Bill Act' will allow individuals to contribute to the 'Trump Accounts' of their dependent children under 18. Employers may also contribute to these accounts ... These accounts generally will be treated like non-Roth IRAs but are subject to a number of special conditions until the beneficiary turns 18."  MORE >>

"Across 401(k), 403(b) and 457(b) retirement account participants, 45% say they would invest in private assets, up from 36% in 2024. Though most did not expect to have access to the investments soon, 77% said they would increase their contributions if they could invest in alternatives."  MORE >>

"Cerulli expects there will be more than one million 401(k) plans by the end of the decade -- an increase of 36% over the next five years ... Approximately 150,000 new 401(k) plans were added between 2018 and 2023, with nearly two-thirds of these plans added in 2021 and 2023. Much of this growth is from employers starting new plans."  MORE >>

" 'I recommend somewhere around 5.5% per person retiring today; 4.7% is very meager,' [Bill Bengen] says ... Bengen goes on to reveal four 'free lunches,' as he dubs them, to enhance retirement portfolios and why mutual funds and ETFs are providing 'a nirvana for investors.' "  MORE >>

"his notice is to inform the public that effective September 30, 2025, the [DOL] will no longer accept paper checks as a form of payment ... This change is intended to improve efficiency in processing payments and reduce administrative burdens. DOL is committed to assisting the public during this transition period and encourages any affected parties to reach out with questions or concerns."  MORE >>