When we are reviewing a company’s retirement plan, especially in times like today, a common question that comes up is “What are other companies doing with their plan.” It’s instinctual to wonder what’s happening with other companies in your peer group and have an interest in how they address various aspects of their retirement plan. […]

As a plan sponsor, one of the most important things you can do each year is sit down and review the retirement plan. You may be asking yourself “why?” or perhaps the plan tends to be out of sight, out of mind so you feel like everything is running smoothly. It’s certainly possible that the […]

  Welcome to the New Year! It’s been a crazy first month for a multitude of reasons. While the kickoff has been a bumpy ride so far, there are many reasons to be hopeful and I hope you and your business see that hope to fruition. A question we are often asked is what more […]

    I’m sure many of us were hopeful that 2021 would be a better year and in many ways our hopes came to fruition. While we didn’t quite get back to business as usual, business owners and plan sponsors weren’t thrown a curveball like the CARES Act so far this year. In most cases, […]

  A 401(k) plan has three key providers. The first is the recordkeeper, who’s primary responsibility is to track the assets in the plan so that employees and plan sponsors know what they have in the plan. Recordkeepers typically provide websites for participants and sponsors to view balance information, provide account statements and process distribution […]

At The Joseph Group, we are blessed to have so many great outside partners who deliver on the promise of great service and execution. One of these partners is Brigette Lafferty, a Retirement Plan Administrator with Rea & Associates. Brigette has over 14 years of experience in this industry and as a grizzled veteran of […]

Business owners agree that having a robust benefits package is critical to attracting and retaining top talent. Included in that package is a retirement plan, typically a 401(k) plan, with some type of employer contribution to give employee savings a boost. But what happens when employees aren’t taking care of their end of the bargain […]

  Well, we’re here. It’s 2021 and we are starting to see the light at the end of the COVID tunnel. As vaccines are ramping up there is a general sense of “the end is now in sight” for much of our country’s most at risk population. I hope you are feeling as optimistic as […]

If you’re reading this, you’ve made it to October in one of the wildest years on record. I know it’s hard to imagine but we are just over 2 months away from a fresh start in 2021. I know this year has been particularly complicated for business owners and executives and I hope everyone has […]

“How do we fix the plan?” That’s a question those of us in the Retirement Plans business hear a lot. Let me start by saying that most of the time, the plan isn’t “broken” but may just need an injection of life. Often, a slight tweak to one (or two) of the key plan provisions […]