The lawsuit alleges Molina Healthcare offered target-date funds in its 401(k) plan that employed a management style that had never been used before, among other things.
The lawsuit says Raytheon violated retirement plan terms and ERISA by not allowing rehires to repay prior distributions and by miscalculating offsets of those distributions.
Organizations would be required to disclose their governance of climate-related risks and relevant risk management processes, as well as their greenhouse gas emissions.
The lawsuit suggested the fiduciaries of the plan breached their ERISA duties by authorizing the plan to pay unreasonably high fees for recordkeeping, among other allegations.
The employee says Hyatt Corp.’s policy to only pay tips in cash violated the terms of the plan, per its definition of compensation for elective deferrals.
The lead regulator of employer-sponsored retirement plans says cryptocurrencies and other digital assets are subject to a variety of issues that make them untenable—at least at this stage—for...
The agency’s notice of amendments pertains to prohibited transaction exemptions related to non-convertible debt securities, commercial paper and securities lending transactions.
The ruling, issued in favor of Partners Healthcare System, offers a substantial legal analysis of ERISA’s requirements as they pertain to the actuarial equivalence of different types of...
The three-part series will cover how ERISA applies to employer-sponsored retirement and health plans and offer information about avoiding common problems.
The lawsuit, filed by the Howard Jarvis Taxpayers Association, unsuccessfully aimed to block CalSavers on the grounds that the federal Employee Retirement Income Security Act pre-empts it.
The settlement also includes ‘meaningful non-monetary relief’ related to the ongoing management and administration of the company’s defined contribution plan.