Administration | October 28th, 2024 GAO Study Notes Benefits of Plan Fee Transparency The government watchdog’s review of DOL regulations on fee disclosures is largely positive, with lingering concern about whether participants actually...
Compliance | September 3rd, 2024 Salesforce Settles a Pair of 401(k) Excessive Fee Suits The $1.3 million settlement pertains to litigation from 2020 and 2024 against the $5 billion retirement plan.
Benefits | September 25th, 2023 Schlichter: Significant Pleading Standard Will Not Slow Lawsuits The 10th Circuit has joined several other circuit courts in holding that a ‘meaningful benchmark’ must apply to 401(k) participant...
Compliance | March 15th, 2023 LinkedIn Settles 401(k) Excessive Fee Complaint for $6.75 Million The social media company has agreed to pay participants in a class action case who alleged it did not shop...
Data and Research | February 27th, 2023 CITs and Lower-Cost Funds Drive Down 401(k) Plan Fees Investment fees paid by retirement plan participants continued to trend down, in 2022.
Compliance | October 10th, 2022 Quanta Services Sued in ERISA Lawsuit The energy company was sued by two former employees for keeping poorly performing options on its retirement fund menu.
Compliance | October 3rd, 2022 Judge Rules in Home Depot’s Favor in ERISA Suit Plaintiffs had alleged that Home Depot did not monitor their retirement plan offerings closely, and that they charged participants excessive...
Opinions | November 1st, 2018 Barry’s Pickings: November 7—Five Good Questions Michael Barry, president of October Three (O3) Plan Advisory Services LLC, points out that, while the candidates for the midterm...
Products | January 29th, 2018 TD Ameritrade and FeeX Partner on DC Plan Fee Analyzer Participants in 401(k), 403(b) or other defined contribution (DC) plans can compare administration and individual mutual fund fees to fees...