Revenue sharing remains one of the most misunderstood—and most abused—features of 401(k) and 403(b) plan administration. Far from being a benign cost-allocation mechanism, revenue sharing often functions as a prohibited transaction under ERISA, enriching service providers at the expense of participants, distorting plan disclosures, and creating unmanageable fiduciary conflicts. What is Revenue Sharing? Revenue sharing … Continue reading Revenue Sharing in 401(k) and 403(b) Plans: Why It’s a Prohibited Transaction