During a previous project, the agency found some organizations didn’t know their tax-exempt status affected their eligibility to sponsor a 403(b) plan.
A federal judge moved forward claims of excessive administrative and managed account fees but dismissed claims regarding KeyCorp plan’s stable value fund option.
In the brief ruling, the district court judge says the plaintiffs have provided sufficient introductory evidence to make discovery in the case appropriate, though the ultimate outcome is...
A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.
The plaintiff argues that similar university lawsuit settlements have helped to drive down fees, and changes the university made last year were too late.
In their short-lived complaint, the plaintiffs suggested WakeMed fiduciaries have not acted prudently in the operation of the 403(b) retirement plan in question.
In a decision in favor of a plan sponsor and provider, a court took a moment to contemplate whether an online request met the ‘written request’ requirement to...
A lack of access to the same investment types allowed in other DC plans means 403(b) plan participants are missing out on increased retirement savings, industry sources say.
The 9th U.S. Circuit Court of Appeals has sided with the defendants in a stock drop lawsuit after applying stringent pleading standards established by the Supreme Court.
The suit mainly takes issue with an alleged failure to solicit competitive bids for retirement plan services and the use of what it calls ‘cobbled-together services from many...