Compliance

The soda distributor was accused of offering a suite of ‘underperforming’ target-date funds in its 401(k) plan, as well as mismanaging forfeited funds.

The government watchdog’s review of DOL regulations on fee disclosures is largely positive, with lingering concern about whether participants actually understand plan fees.

The pharmaceutical company was accused of charging unreasonable recordkeeping and administrative fees in a complaint filed last year.

The ERISA Advisory Council members are reviewing proposed recommendations about defaulting participants into a retirement income product.

The appeals court ruled that a Michigan district court wrongly dismissed the lawsuit in April 2023 in favor of arbitration.

ERISA-covered benefits such as health flexible spending plans to get moderate increases.

The list, created under the DOL’s finalized amendment to PTE 84-14, is the first to self-identify managers of ERISA-covered assets.

Retirement plan participants at UC Davis and other UC schools were impacted by fraudulent cyber activity.

Requesting service organization control reports from service providers is an important part of the vetting process when looking to ensure safe cybersecurity practices.

The Supreme Court has previously declined to review appeals courts’ decisions that held arbitration provisions unenforceable.

The parties have agreed to a tentative deal to be considered by the court October 30, ending a TDF-focused lawsuit filed in 2021. 

A final pretrial conference for the case is scheduled for November 26.

According to a Deloitte-NASCIO survey, these executives are leading state and local governments’ responses to the constant threat of cyberattack.

The court will consider split decisions in lower courts over how strictly ERISA should be read when determining the case for prohibited transactions.

The guidance provides additional clarity on which part-time employees can be excluded from contributing to a plan.

Now more than ever, plan sponsors need to understand what types of coverage are available and what will fit them best.

A participant in Thermo Fisher’s 401(k) plan accused the employer and its pension committee of violating ERISA by using forfeited funds to reduce future company contributions to the...

The Department of Labor issued notice that it will appeal two Texas federal court decisions halting its fiduciary rule regarding retirement-related advice. 

The Federal Trade Commission filed a lawsuit against the largest PBMs, following its July report exposing the ‘opaque’ business practices of the ‘powerful middlemen.’