When I was the head ERISA attorney at a New York based third party administrator (TPA), I left because I saw the future of the retirement plan business and I didn’t think this TPA was a part of it. I had issues with undisclosed fees, conflicts of interest, and revenue sharing. Several employees of that TPA thought my problems were silly because these issues were actually lawful. I left that TPA in 2007 and within two years, it was dead (for a variety of reasons). Now I only wished that I could have predicted the future of the credit crisis of 2008 and next week’s Power Ball numbers. For retirement plan sponsors, the future of retirement plans is actually here and they need to know about the existing issues of their plan that could increase the potential for liability.