X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Given its age, you’d expect ERISA to be buying a sports car, trying on hipster clothes and generally just trying to recapture the vigor of its youth. While it’s unlikely that the now 40-year-old Employee Retirement Income Security Act will be going bungee-jumping any time soon, ERISA is indeed suffering a bit of a mid-life crisis.

The primary method by which ERISA provides disclosure on 401(k) and other retirement plans is a form called the 5500. As a purveyor of 5500-based market intelligence, I can tell you that ERISA has recently experienced a loss of identity and purpose. Although one of the initial goals of ERISA was to provide plan participants with a window into how their money is being spent, the new “Short Form” 5500 has had the opposite effect. 

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.