(Not everyone qualifies for the 401k)There's much misconception regarding the role of custodians and administrators, as well as the extent to which they should be relied on for advisory services.There are many excellent companies, but as the number of custodians/administrators has swelled it has become increasingly difficult to navigate the space.

*This post is informational only and is not to be relied upon.

The information contained in this  post is not to be relied upon. 

Any updates on where the dust has started to settle and/or be re-kicked up on this?

The LLC would be the sole managing member. I

Mine is a single-member LLC (homeowner's insurance here won't allow multi-member). I

I don't want to "overkill" this paying 1k to a guy for helping me form what should be the most simple form of doing business, especially since I am a one owner/member. I

Hi, first of all your merchant account will be red flagged by the first big settlement that comes through.

Would take about 14 months to get that money back I guess, but that's already factored into how much actual cash I get back out of the deal, which will then be re-used.

Not an LLC, and partnership where 1 member is in OH, so that wasn't the case.My post was simply an observation about what I feel was happen in my situation.